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Team AckoFeb 13, 2025
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Home is where the heart is. The same is felt by your little one too. Though she seems to enjoy the outdoors pretty much, the child will want to spend time with family at the end of the day. Ideally, she is ready to learn more about her family tree.
What you need to know
Parents or primary caretakers are still the young one’s source of security. You will begin to see the child’s acceptance of siblings as an integral part of the family, and start sharing everything with them. Grandparents’ company will be cherished. The child’s understanding of relations such as paternal uncle, maternal aunt will be clearer. He or she will be able to relate relations to others as well, though it is common to forget complex relations.
Exposing the child to all relations will help in the understanding of importance of family life. Children will get excited to find someone similar in values, customs, language, food and tend to develop a sense of belongingness with the family. It plays a crucial role in improving their social skills, building self-esteem and developing leadership responsibilities.
The growth and success of your child are not only associated with education and skills; the small decisions you make today as a parent firmly lay the groundwork for your child's secure tomorrow. When it comes to financial security, life insurance is an effective tool. You can choose from various types, such as whole life insurance, endowment plans, ULIPs, term insurance, and more.
You can also opt for a 1 crore term insurance policy, which offers robust coverage at low premiums that fits within your budget. You can also use a term insurance plan calculator to tailor your policy based on your requirements and your child’s goals. Remember, selecting the appropriate plan based on needs is critical so your child has adequate funds to fulfil all their dreams.
Disclaimer: This content is for informational purposes only, based on industry experience and secondary sources. It is not a substitute for professional advice. Please consult a qualified expert for health or insurance-related decisions. Content is subject to change, refer to current policy wordings for specific ACKO details.
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