Hello sir,
I’m 35 years old. This is to cover child’s future education and miscellaneous expenses. Child is 2 years now. Instead of paying it out of my income, i could invest a capital and use it to the maximum extent for child’s needs.
I have 10 lakhs in mind to invest.
My existing investments are in PPF, NPS and few MF’s.
Thank you for your kind reply.
Hello sir, I have a term life cover for 75 lakhs with Max life. I don’t have any other insurance policies. Have taken out a family floater health insurance for 10 lakhs with star health. Also have a personal accident policy worth 20 lakhs.
My mother is a dependent. Paying a health policy of 3 lakhs SI on her name as well. My wife is a home maker, not working. I do pay my house loan and that will complete in another 17 years. I just want to make sure there is a steady source of income to meet my child’s education needs. Thank you.
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