Education and marriage are two primary milestones of a child’s life. Depending on how early you start planning for your child’s future, the key milestones would include school admission, higher education, marriage and post-marriage requirements. Once you have defined the milestone, you know at what stage how much money you may require. You can then accordingly purchase a child plan or a combination of plans to ensure that you have enough money to fund milestones like higher education, marriage etc.
It is one of the best ways to save enough with regular investments for your child’s future for needs like higher education which can be costly.
Financial protection features in child plans ensure that your child gets the best in the future even in your absence.