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Child Education Cost Calculator

This calculator is designed to help you in planning your child's education needs by estimating the future cost of fees considering your investments and inflation.
Just insert your child's age as of today and know how much the courses cost you when your child is ready to attend it.
You can change the age of child with the help of the slider and check courses accordingly.
Child's Age (As of today):

 
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Education is becoming costlier with the increase in inflation. The Child Education Cost Calculator helps an individual to have an overview of his/her child’s education cost according to different areas of study. This would help an individual know the right amount of money that needs to be invested today so as to meet his/her child’s education expenses in future.

Children insurance plans help in securing a child’s future. Education is very important for every child and investing in children insurance plan would ensure that financial difficulties would not come in the way of a child’s education. Apart from higher education, child insurance plan can also be helpful in financing a child’s marriage or any other events. Children insurance plans help protect a child’s education and future against inflation, risk of untimely death of the parent, and any other financial difficulties.

In case of untimely death of the parent the insurance company pays the child the assured amount, and also the future premium of the plans are waived. The insurance company keeps on investing in the policy until the maturity period and pays the child at regular interval as it was mentioned in the policy. Apart from this the premium payable towards child insurance plan is eligible for tax deduction under section 80 C of the Income Tax Act.

There are number of child insurance plans in the market and one should compare and choose the right plan that would provide the right coverage against the probable risks.

Disclaimer: All the calculation done above is based on the current average cot of education considering inflation at 8%.The information provided above is collected from sources publicly available & we believe to be reliable. The website doesn’t warrant the accuracy, reliability & absolute information available on the website for data reference to any third party in "the website" no such party will assume any liability for the same.
 
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