Every caring and loving parent wants the best for their child. The best way is to plan early giving them a head start for their future ensuring that they will get through every major life event like getting a degree or getting married, these will all be well taken care of.

Steady Returns with Protection
Should something unexpected happen; the Foundation Policy helps accumulate wealth for the future of your child while providing extra protection. The sum assured and accumulated bonuses are payable upon maturity, death or permanent total disability (PTD) of the child.

25% Higher Cash Bonus
When your child needs cash for tertiary education or marriage, 25% of your accumulated bonus can be cashed out. For example, $12,500 will be given to you if the accumulated bonus is $10,000 including the enhanced encashment of $2,500.

In addition to all that, this enhancement benefit can be used twice as long there is still accumulated cash after exercising the first benefit.

Flexible Options
This policy can mature at either the age of 35 or 55. This policy can be vested on the child anytime when he/she is between the age of 21 and 25.premiums are payable to you before the child reaches the vesting age, thereafter, premiums are payable by the child.

Lower Premiums
Starting this endowment policy at an early age will allow your child to enjoy benefits at a lower premium.

For example, a monthly premium of $110 is what a man has to pay at the age of 20 for a $50,000 endowment policy maturing at the age of 55. If his parent had taken the policy earlier when he was 5 years old, he only has to pay monthly premiums of only $68. Saving a total of $5,300!

Waiver of Premium
If the parent is faced with premature death or permanent total disability, until the policy is vested in the child’s name, future premiums will be waived. The protection and cash values will still continue to accumulate.

Complete Peace of Mind
A complete peace of mind with the following supplementary benefits:

• Living benefit that covers your child of 30 major illnesses i.e. cancer, heart attacks etc. This benefit can be used to meet medical expenses and other needs not affecting your foundation policy at the same time.
• Enhanced Waiver Benefit that waives your future premiums upon diagnosis of any of the 30 major illnesses.

Buying a life insurance plan is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may be less than the total premiums paid.