Friday, May 1, 2009

Investment Linked Education Assurance

Educating ones child is a huge expenditure that requires serious financial planning।
Many parents are regularly confronted with the challenges of providing for the education of their children and building the education fund requires one form of investment or the other.
Our Investment Linked Education Policy/School Fees Policy is an investment plan designed to help parents to make money available for each level of child’s education। For single individuals, it enables them to further their/their dependant’s education.This policy has been Designed to protect pupils/students from abrupt stoppage of schooling as a result of death or disability of The sponsor before completion of school. It is a savings vehicle for The cost of a chid's education.

Features
-The policy term ranges from 5 to 20years
-The policy holder selects The lump sum as The maturity benefit
-Multiple payment options: annually, half-yearly, quarterly, or monthly
-Tax relief on premium paid
-Interest free loan is available after the policy has acquired surrender value
-Maximum maturity age is 60years
-The policy holder must be 18 to 55 years at entry
-Designed as a hedge against influation

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