Children's Gift funds are dedicated mutual fund schemes which are positioned as Child plans to meet children's future financial needs like education, marriage expenses etc.,. (relakhs.com)
Parents can also use the child plan to pay for marriage expenses, the second thing that will require them to plan and invest well for the future. (policybazaar.com)
You must also consider educational and marriage expenses of your children while calculating the insurance coverage. (aegonlife.com)