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Planning for Your Child’s Education with Endowment Plans : A Step-By-Step Guide
Parenting is a source of immense happiness and joy, intertwined with the responsibility of providing the very best for your child’s life. For some parents, planning a child’s future begins even before the baby is born. Considering the best schools, scheduling their curricular and extracurricular activities in and outside the school, and supporting their academic and personal development comes naturally to most parents. And so does the concern to safeguard their child’s future and their dreams.
With education inflation soaring at 12%, it is only through strategic investments that you can help mitigate the financial limitations. By investing early in child investment plans, you can harness the power of compounding and build a substantial fund over time. If you are looking for a financial product that can help plan a safe and secure future for your child, you may have come across a number of efficient and suitable plans, and one such option is the SUD Century Gold. Being an endowment plan, it offers savings as well as coverage. Read on as we discuss all about endowment plans, their features, choosing the best child education plan and making the most of it.