Are you worried about your child’s finances when the reach adulthood? Their top priorities will become wedding expense, housing and car ownership. To ensure their financial security, make smart decision on your money today where all you need is just $5 a day to build up sufficient savings for your child.
Short Premium Payment
For 10 or 15 years, set aside an affordable premium and as the Gift Plan matures in 30 years, a lump sum will be provided for your child’s future needs. No worries about premium payments extending beyond your retirement or adding extra financial burden onto your child with the Gift Plan.
Attractive Returns
Upon maturity of the Gift plan, it will ensure a guaranteed sum providing attractive returns. For 10 or 15 years, premiums from as low as $5 a day, your child will receive the projected sum* at maturity at the end of the 30-year plan.
Premium Term |
Sum Assured |
Maturity Value* |
10 |
$28,000 |
$47,800 |
15 |
$38,000 |
$64,600 |
* The values are projected based on current bonus rate and are non -guaranteed.
This plan is available for children up to age 15.
Extra Protection
A life insurance cover is also provided for your child’s life by the Gift plan
For example, your child also receives insurance protection worth $28,000 (for 10-year premium term) and $38,000 (15-year premium term) with just $5 a day.
Guaranteed Continuation
In any event of death, disability or dreaded disease, low cost riders can be opted for to waive future premiums to safeguard against disruption in premium payment.
- Waiving premium benefits – covers death and permanent total disability
- Enhanced waiver benefits – covers death, permanent total disability and 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.
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