| Events like premature death, permanent disability or major illnesses occurring all happens during unforeseen circumstances. To play a role as a responsible parent, such undesirable mishap should not disrupt your child’s education and future if measures are taken.
Take measures with the Schooling Policy where an allowance of $200 a month will be guaranteed to the child and a lump sum of $40,000 payout. In any unforeseen mishap happen to the parent like premature death, permanent disability or confirmed diagnosis of any of the specified 30 major illnesses, the lump sum payout will coincide with the child’s tertiary education.
To ensure that your child continues receiving the best no matter what happens, up to 3 Schooling Policies can be taken up.
We offer you one of the lowest premiums to give you a comprehensive piece of mind.
Comprehensive Insurance Benefit
At any event of premature death, permanent disability or major illnesses occurring to the parent, following are some benefits that the Schooling Policy provides:
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Future premiums will all be waived
- An educational allowance of $200 will be paid to the child every month for the rest of the policy term.
- At the end of the policy term, a whole lump sum of $40,000 will be paid to the child.
- The lump sum of $40,000 can be paid in instalments as an option to coincide with tertiary education.
Low Premiums
Your child’s future is assured with premiums starting at 30 cents a day. This is based on a female parent age. Premium is only slightly more at higher ages.
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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