Providing financial peace of mind for your child's future is one of the most responsible parenting commitments.Children'ssavings life insuranceis a solution that combines long-term savings with life insurance protection.It is not only a form of security but also a stable investment with real value over time.

What is child insurance?

Children's savings life insurance is a long-term contract taken out by a parent or guardian for the benefit of a child.Main features:

Provides life insurance protection to the parent or the child;
Contains a savings component - funds are accumulated for future needs;
Payable upon reaching a certain age (eg 18 or 21) or upon an adverse event.

This type of insurance is mainly used to cover future educational expenses or a start in life for the child.

Benefits for parents and children

Child insurance provides numerous financial and psychological benefits:

For parents:

Peace of mind in the face of unforeseen events– the family maintains its financial stability;
Disciplined saving– guaranteed contributions, without withdrawal temptations;
Tax benefits– under certain conditions, according to local legislation.

For children:

Financial start at coming of age– for education, housing or own business;
Educational culture– creating habits for responsible handling of money;
Protection and financial support in severe events– critical illnesses, disability.

How is capital accumulated?

The accumulation of funds in the children's savings insurance follows the principle of capitalization:

The parent makes regular contributions (monthly, quarterly or annually);
Funds accrue interest - with a fixed or variable interest rate;
An investment component (unit-linked funds) is possible for some products;
At the end of the contract, the entire accumulated amount, including the yield, is paid.

Example:With a 20-year term, monthly installments of BGN 100 and 2.5% annual yield, the capital can exceed BGN 30,000.

🏆 The best options on the market

There are several well-established companies offering quality child insurance on the Bulgarian market.Here's what to look for:

Guaranteed profitability– minimum 1.5–2.5% per year;
Wide coverages- incl.death, disability, critical illness;
Bonus options– in case of loyalty or good profitability of the investment part;
Flexibility- possibility to change the installments, terms and coverages.

Children's Savings Life Insurance is a strategic tool that ensures protection and capital accumulation for your child's future.It combines predictability, discipline and opportunity for growth.The investmentin such a product creates real value by providing a stable financial foundation at crucial stages of life.Before concluding, it is recommended to compare offers and consult with a specialist.

Criterion	What does it include??	For kwhat to watch out for?
Protection	Life, disability, diseases.	Read the terms and conditions carefully.
Accumulation of capital	Regular installments + interest or yield	Low interest rates on conservative products.
What are the benefits?	Financial start, education, independence.	Restrictions on Withdrawals Before Maturity.
Market options	Guaranteed sums, investment part, bonuses.	Check the fees and termination conditions.
Flexibility	Change of installments, term, additional coverages.	Not all insurers offer full customization.

Children's Savings Life Insurance - An investment in your child's future

Download the app

Insurance Inquiry

Download the app

Insurance Inquiry