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Your Child is Likely to Face Confidence Crisis Now

Team AckoFeb 11, 2025

At this stage, with too many things and changes happening at once, your child may suddenly feel a confidence crisis wherein his self-esteem might go low and he may face difficulty coping with his shyness and apprehension.

Contents

Planning for Your Child’s Financial Security

While there are children seemingly born with supreme self-esteem who carry that confidence into adulthood, they are few and far between. Most of us will find ourselves with a child who struggles with issues like shyness, fitting in, standing their ground or speaking their mind.

What you need to know

Sometimes, reading the words of someone who is not Mom or Dad helps cement a lesson or a concept in a child’s mind far more than you can understand. Building a strong foundation of self-esteem and confidence means equipping your child with lifelong social, practical, physical and emotional skills.

You must be careful about bringing up your child in society too. You have an important role to build confidence in your child. Observe your child as they socially interact with others; for example, silently watch when they play with other children. If your child is comfortable dealing with their peers, then you can be assured that your child has accepted the challenge to build their self confidence. Try to encourage your child by giving them simple tips to become more confident in their life.

Planning for Your Child’s Financial Security

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.

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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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