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Failures Are The Key To Success

Team AckoFeb 25, 2025

Your child's mind is highly receptive to ideas at this stage. Help your little one handle failures as well, alongside success. If not, it can lead to anxiety and will ultimately affect his self-esteem.

Contents

Choosing the Right Term Insurance for Your Financial Goals

Be there for your child when he suffers setbacks. Don’t yell at him or label him. On the contrary, empathize with him and make him understand that it's okay to fail at times. Impart a positive message, “I am happy you tried. You did your best. Next time, work hard and you will do better.”

You can also give an example when you failed and worked hard to achieve the goal. Work out a plan with your little one. For instance, if he did not win the drawing competition in school, guide him to do better. You can give him extra practice or get guidance from his art teacher.

Read stories that talk about children who failed but did not give up trying.

Choosing the Right Term Insurance for Your Financial Goals

Term life insurance offers a cost-effective way to secure your family's financial future by providing coverage for a specified period. A ₹1 crore term insurance policy is a popular choice in India, providing significant coverage to secure your loved ones' financial security. Premiums for such policies are typically reasonable, particularly when obtained at a young age and in good health. Online term calculators can help you determine the premium amount. These calculators use age, health, policy duration, and coverage quantity parameters to predict the premium.

When you decide to buy life insurance, you must first consider your financial needs and commitments. Consider ongoing debts, potential educational fees for children, and other long-term financial objectives. Selecting the correct term insurance coverage protects your family's financial well-being and provides you and your loved ones peace of mind.

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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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