For any child, what a perfect father has to do (or at least what I would do to secure his/her future),
Firstly I would take a Term Plan on me so that if something happens to me during the plan period, a bulk sum is given to my family which would help my child not to struggle with any financial woes.
Secondly I would also take a Child Plan which would also cater to the specific need – used for education(in case if I survive,Term Plan would be of no use)
Thirdly, I would be more than a father. I would be the best friend to my child so that he/she can share anything and everything with me freely which would help them in shaping their future in a better way. I would imbibe the value of Wisdom,Truth and being away from bad habits.
Fourthly I would not impose my interest on my child and would allow him/her to select his/her own field.
Finally I would create a Legacy which I would ensure would be used by my child and carried forward for generations.
This post is a part of the <a href="http://www.hdfclife.com/children-insurance-plans/need-for-child-plan?utm_source=BlogAdda&utm_medium=BlogPost&utm_campaign=1001Gifts" title="1001 Gifts ">1001 Gifts Activity by HDFC Life</a> in association with <a href="http://www.blogadda.com" title="BlogAdda">BlogAdda</a>.
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