The ever-increasing cost of education means it is vital to start saving early to give your child or grandchild the best possible education. Our Education Plan provides peace of mind as you save towards the education of your child or your grandchild. Our product secures the savings even in the event of your unforeseen death.
You can choose an Investment Strategy to invest in, according to your needs and requirements. As your circumstances may change, our Education Plan offers flexibility of investment strategy and contribution.
Our Education Plan is a long term insured savings plan designed to provide a sum of money to pay for your child or grandchild’s education at a chosen maturity date and in the unfortunate event of your death before the plan maturity.
When you apply for our Education Plan you can decide how often and how much you want to contribute depending on your financial goals. You can also select a maturity date for your plan, according to your time horizon. The amount of life cover you have is determined in relation to your original contribution level and the chosen plan term. In the unfortunate event of your death before the plan maturity, your nominated beneficiary will receive the greater of your plan value or your life cover. At maturity the plan value is paid to you.
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