What is a child insurance Plan?-max-life-child-insurance-plans

Child insurance plan is a traditional life insurance plan wherein the child is insured in this plan and the parent pays the premium so that the maturity benefit is given to the child to fulfil the parents dream about the childs future educational expenses. Child plans can also be Unit Linked Insurance Plans as well as traditional plans. More often than not, children plans can be taken after you have a child and not before. It thus especially focuses to the need of a parent for the future of the child and not for others.