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Your Child May Have Difficulty to Start With Less Specified Activities

Team AckoFeb 12, 2025

Your child is getting independent and wants to try out new things. While pursuing something new, he will seek your inputs and assurances till he achieves the result. If not specified, it may make him uncomfortable and he may lose interest and not initiate or leave the task half way.

Contents

Planning for Your Child’s Financial Security

What you need to know

Work on small challenges first wherein he tastes success. As he builds inner strength and confidence, move on to challenges where he does most of the work. You can be the facilitator while he becomes a problem solver.

When your child tries activities where he has to do most of the thinking, the fear of making mistakes or criticism blocks his progress. He starts self-doubting. Teach him, “Mistakes are okay and they teach you how to do better next time. Don’t fear them.” Make him feel competent enough to execute the task.

While specifying the activities to your child, try keeping the language simple and age appropriate.

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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