Financial Solutions for Parents
Your money, in simple terms
Becoming a parent changes your financial priorities overnight. You want to give your children every opportunity, and make sure they are looked after even if you are not there.
We help parents protect their family, put a figure on education and other big goals, and start saving early so the money is there on time.
Your insurance, investment and planning needs
Each item links to a page that explains it in more detail.
Protection
-
Life cover sized to your children's needs
Enough to cover their upbringing and education if something happens to you.
Term insurance -
Health cover including the children
A family floater that covers hospital bills for everyone.
Health insurance -
Plans that continue without you
Child plans with waiver of premium keep paying into the goal.
Child plans
Investment
-
A SIP for each child
Start early: small monthly amounts grow significantly over 15 years or more.
SIP investment -
Sukanya Samriddhi Yojana for daughters
A government-backed savings scheme with tax benefits.
SSY calculator -
Education goal calculator
See what a course may cost by the time your child needs it.
Education calculator
Planning
-
Higher education
In India or abroad, planned with rising fees in mind.
Child education planning -
Marriage
A dedicated fund so you do not need loans later.
Marriage planning -
Guardianship and a will
Decide who would look after your children and their money.
Estate planning
Mutual fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.
Consultation, comparison, planning and ongoing support
Consultation
A free conversation about your situation, priorities and goals.
Comparison
Options from several insurers and fund houses, explained side by side.
Plan & set-up
A clear, prioritised plan, with all the paperwork handled for you.
Ongoing support
Renewals, reviews and claims support for as long as you need us.
For Parents: common questions
As early as possible. Starting when a child is born gives 15 to 18 years for savings to grow, so the monthly amount needed is much smaller.
They do different jobs: SSY offers government-backed, tax-free returns; equity funds can grow more over long periods but go up and down. Many parents use both.
A will lets you name a guardian for your children and decide how your assets are used for them. A lawyer can help you prepare one.