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Your Child Will Now Compete With Peers at School

Team AckoFeb 12, 2025

Contents

Planning for Your Child’s Financial Security

At this age, your kid would start getting interested in displaying his knowledge and skills. This is the age when his relationship with his friends takes an all new level. There might be kids trying to bully the others, ones that try being bossy and the ones that are possessive.

What you need to know

Your child might still be a kid in your eyes, but you might see him suddenly grow up in many ways. He might start competing with his peers at his school. He might start working hard to try and prove himself.

Your kid would love to please you as well his teachers. This might sometime make him try and compete with his friends. He might try to establish himself and try to show how he is better. He might become more sensitive. He would start expressing his opinions. He would also love to work independently.

So in a lot of ways he develops a unique personality at this age. This is when he learns how different he is from his peers and starts doing things that would make him contend with his peers. All you have to do is, encourage him to be himself. Teach him to compete in a healthy way and never to compare himself to others.

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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