Education is Insurance because education is one of the greatest treasures a parents can gift his/her children. The rate at which education cost is increasing it only makes sense to assure that your child gets the right education by saving for his/her education. The cost of education shouldn’t really be an expense as we all know that true education gives tremendous amount of knowledge to the child using which they can face the competitive world outside. Education is not an expense but an investment and in order to get the most of the investment you need to insure that your child gets the best of it. I mean today an MBA is costing around 20 lakhs in India which itself is expensive. Imagine what will happen 10 years from now. And what about parents with more than 1 child?

It is going to be really hectic and troublesome for parents to cope up with this rising cost. I personally think that giving the right education to your kids will ensure that not only he makes it big on his own but will also pass on the same to his children and therefore the trend of quality education will continue in years to come. Therefore Education is Insurance in its true form.

- Ritika Chopra