This One Smart Move Can Keep Your Family Always Smiling

This mom on why planning for the future isn’t an option but a necessity.
Total
0
Shares

A few days ago, we were at the grocery store when my son and I walked over to the dairy aisle to get some cheese. This store had a wide variety ranging from local, inexpensive salted cheese to foreign varieties and brands. I picked up a mid-level variety and was about to exit the aisle when my son picked up a packet which was clearly Not-Made-In-India and had a high cost attached. “This is the exact same cheese they used to make that yummy pizza on that TV Show”, he said.

Clearly, that 15-minute show had done its work. My son insisted we buy cheese that was three times the price of the one I had chosen, and I gave in. The smile on my son’s face as he ate that homemade cheese pizza was worth that money!

Blame yourself for parenting a generation that can’t stop wanting! 

Today’s children are used to a certain lifestyle. Whether it is the food they eat, the clothes they wear, the school they go to, the stationery they choose to write with or even the entertainment they indulge in. While our parents’ generation would have deemed them as frivolous excesses, we millennial and now Gen Alpha are used to a certain standard of living that is way different from our parents. If you are nodding along, then you are no stranger to indulgence!

My husband and I have jobs that pay us enough to indulge our kids with these little extras from time to time and honestly, which parent today, denies their kids these little joys?

Which is why it got me thinking. How do we ensure that our children always have those smiles? How do we make sure we leave something behind for them that guarantees that they will not want for anything?

No matter what lifestyle we adopt, and as much as we want to secure a satisfactory future, nobody can really predict it. And a little precaution and planning can go a long way in ensuring that you have a little less to worry about when it comes to keeping a backup for your family and especially our children. It can start by making the right choice today. Investments are known to be the base of a more secure future and investing in a life insurance policy is something that has been done over the years. But times have changed and shouldn’t we do the same?

Term insurance may be the answer for your family.

What is Term Insurance?

Term insurance is a kind of life insurance policy that provides coverage for a certain number of years. So with just a small premium paid, you can ensure your family gets a large benefit in case of an unfortunate event. A term insurance plan is attractive because it helps your family tide over the financial crisis that comes with a fatality in the family.

We know that running a family is expensive these days. School fees, monthly budgets, family holidays all add up. Where is the extra money to invest in a term insurance?

That’s why you need to choose one that seamlessly fits into your budget. Here’s one that I found that works for my family.

The ICICI Prudential Life’s iProtect Smart fits like a glove. Here are some of the benefits.

  • The ICICI Pru iProtect Smart fits into your monthly budget – premiums are as low as Rs.490 per month for a cover of Rs.1Crore. And you can also choose to pay the premiums monthly, half-yearly or even on an annual basis.
  • Special benefits like a living benefit of 34 critical illnesses and accidental benefit can be added to your policy.

Research shows that Indian women still largely depend on their husbands to take financial decisions even if they have the capacity to be financially independent. So here’s a question. If you are taking care of your child’s wants, likes and needs, shouldn’t you be able to keep that going forever?

The ICICI Pru iProtect Smart is perfect for all moms to consider because it means carving a little out of the family budget to plan wisely for the future.

Planning for the future, ensuring your family never has to compromise on its lifestyle, gives you the satisfaction of knowing you have invested in something which is not only a smart option but also an extremely pocket-friendly one. By investing a small amount every month, you can have one less thing to worry about.  So why not think about it and act now?

 

Advt. no. – L/II/2520/2018-19

Disclaimer – https://bit.ly/2MCgcYu

This post is written in association with ICICI Prudential Life Insurance iProtect Smart

 

 

Leave a Reply

KSP NEWSLETTER

Subscribe to get the latest news & updates delivered directly to your inbox.

You May Also Like