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Your Child Understands Reality Better Now

Team AckoFeb 11, 2025

As your 7+ year old kiddo is now able to understand the happenings around them and are also learning in school about the world around them, their imagination takes on full speed. They now can distinguish between fantasy and reality, and favour reality. Imagination is an activity of the mind which the child starts developing at a very young age. They can also solve problems by providing solutions and their memory power is organized and continuous.

What you need to know
Imagination is necessary for a kid to cope with life’s twist and turns and grow into a well-adjusted & secure adult. Parents and teachers need to hone the child’s imagination so that they grow into creative individuals. You can fire your child’s imagination at this age by telling stories and also by encouraging them to tell their own stories. Allow them to draw and paint; give them play dough and make them create everyday things they see around.

Contents

Planning for Your Child’s Financial Security

Origami is one of the ways you can improve your child’s imaginative power at this age as they have required stability in their hands & fingers and can fold and fix. This art will enable your child to improve their coordination and concentration skills.

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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