Let’s save for our child’s education
As a parent, I only wish the best for my son. I believe that his future depends on what he will learn today. This is the reason why my husband and I, in the midst of growing financial worries, works twice as hard to prepare for my son’s future educational needs because good education is the only thing we can offer to him since we don’t have lots of money in the bank.
We are worried that since school expenses are increasing every year, our savings may not be enough to cover college tuition fees and other expenses that may arise. I heard about Insular Life’s programs that aside from regularly saved money, we can invest in this company which have made a mark and has a proven track record in the industry. Insular Life offers better returns, and we are glad to know about it.
Insular Life remains to be the largest Filipino life insurance company, and they are now celebrating 101 years of unparalleled and continuous service to old and new generation of Filipinos. With its Direct Marketing plans, College Provider and Sure Cash for Kids, you are assured of a secure future for your child.
What is College Provider?- it is a 5-pay educational plan that provides a college cash fund for your child at age 17. It also provides a life insurance benefit for your child equivalent to the college fund until he reaches age 21. On top of this, College Provider has a built-in waiver of premium payments, wherein the policy will be considered fully paid should the parents or the payor meet an untimely death or suffers from total and permanent disability. The policy will then provide a pre-college cash allowance equivalent to 10% of the face amount until age 16 to finance for your child’s elementary and high school education. Isn’t this great?
What is Sure Cash for Kids? it is a 5-pay, 15-year savings and investment plan for your child that offers guaranteed yearly cash payouts and lump sum cash benefits with built-in life insurance protection. Yearly cash payouts equivalent to 10% of the maturity value will be given from the end of the 5th policy year to the end of the 14th policy year amounting to 100% of the maturity value. A lump sum cash benefit equivalent to 100% of the maturity value will also be given at the end of the 15th policy year. Your child is also covered with a life insurance protection for 15 years with the face amount increasing to 200% on the 4th policy year up to the 15th policy year.
Preparing for our child education now can save us from possible financial troubles in the future.
Call Insular Direct at 878-1818 local 5403 or 892-3171 or email them at idirect@insular.com.ph
Sumi Go says
I don’t have kids yet, but I’ll definitely be saving up for my children’s education in the future.. 🙂 Thanks for sharing this!
Rossel says
Saving up for our children’s future is a wise move.
It’s been a while since I visited here. I love your new layout. 🙂
gagay says
oh no! this reminds me of getting married already..lol..
of course..i will save for my children’s future soon.. ;D
Herbert says
Education is the only priceless treasure that anyone can give to someone 😀
Marri Bermudez says
i came from a pre-need company and i’ve worked for almost 15 years there but unfortunately, this kind of industry along with the others suffered trust fund deficiency. since insurance and pre-need belong to different industry, the stability of the first should not be compared to the latter. just be cautious in acquiring such security for your child.
Rachelle says
I’m glad we opened an education plan for my son. saving up for the future of our children is really important. life can be really uncertain.
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Matsumoto says
I have the 6-year savings plan for my kids which should have matured by now…gosh thanks for reminding me 😀
stacy says
I agree with this totally! Education is very impt.
Budget Biyahera says
Great post Levy! I will surely benefit from this pag nagkaFamily nako ng sarili. =)
carizzachua says
i might be needing this in the future. thanks for sharing!
Lizzie says
When the time comes, I want to save for my kid’s college funds, too. It is very important.