Nevertheless critics state that there are a number of far better investments, and getting a Child plans coverage is silly. 529 plans, Education IRAs are examples of far better investment methods. In the end,
Choosing the best Ulip Policy rates is very easy provided certain criteria are considered before investing. Understanding the plan, ULIP charges implied, comparing different products offered by different companies and going for the best ULIPs that fits the need will work well.
However many insurance companies believe that a Best Child Plan Policy is not as important as an adult insurance because children cannot generate income and also statistics shows that majority of children do not die prematurely, before age 18.