Getting our child the best education is a challenge that every parent is willing to take.
As a parent, we have big dreams for our children and we know that their future depends on the quality of education they receive today. This is why, in the midst of growing financial worries, we work doubly hard to prepare for their children’s future educational needs.
But with school expenses increasing every year, our savings may not be enough to cover college tuition fees and other expenses. Aside from regularly saving money, one can also prepare by getting profitable investments that offer better returns. Invest in companies which have made a mark and have a proven track record in the industry, like Insular Life.
Celebrating 101 years of unparalleled and continuous service to old and new generation of Filipinos, I found that, Insular Life remains to be the largest Filipino life insurance company. With its Direct Marketing plans College Provider and Sure Cash for Kids, we are assured of a secure future for our child.
College Provider is a 5-pay educational plan that provides a college cash fund for our child at age 17. It also provides a life insurance benefit for our 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.
On the other hand, Sure Cash for Kids is a 5-pay, 15-year savings and investment plan for our child that offers guaranteed yearly cash payouts and lump sum cash benefit 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. Our 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.
Saving for our child’s education is a top priority, so preparing for it now can save us from possible financial troubles in the future. I really think we should address our child’s needs today. I will ask hubby to ask our Call Insular agent about this.
You too can inquire about this at 878-1818 local 5403 or 892-3171 or email them at firstname.lastname@example.org for more details on College Provider and Sure Cash for Kids.
Pinay Mama says
I always tell myself to save money whenever I get paid from writing but I don’t know how to save. In a year or two, Elijah will start schooling. I wonder how expensive tuition fee would be by then. Huhu! I want to open savings account in a bank but I dunno what bank to choose. My mom told me not to go for insurance companies because many are legit than turned into scammers. Will inquire about Insular. Thanks for sharing ate Nicquee! I hope this is the one! Waaa!
Jhezl V. Nas says
Hi, I’m Jhezl from the Direct Marketing Department of Insular Life. I’m also a mom of two boys, both of school age already and Insular Life’s investment plans for kids are really a big help for me. I got them both a College Provider Plan, which guarantees a fix amount of college fund at age 17 of the child. It is payable for only 5 years, actually I have finished paying both of their policies and now enjoying their cash values as payment for their tuition fees. I got it when they were still at 0 age to avail of the low premium rate. You can email me your complete name and contact details at email@example.com so I can provide you a proposal for both College Provider and Sure Cash For Kids. By the way Insular Life, at its 101 years in the service continue to deliver a solid performance, posting P2.6 billion in net income as of end-2010. A cornerstone of our financial stability is our strong asset base which has consistently increased through the years reaching P72 billion in 2010.
Divine C. says
I am considering these savings options too for my kids. Although I have some reservations about other companies that could be unstable in the future and declare bankruptcy with your funds on hold.
Jhezl V. Nas says
Hi Ms. Divine, I fully understand where you are coming from. But Insular Life, the leading and the largest Filipino life insurance company is under a strict regulation of the Insurance Commission. We remained to be the only Filipino life insurance company in the top 5 industry players. Our business-in-force of P200 billion reflects a growing number of policyholders. We assure you that with Insular Life, your investments will be well guarded for your loved ones’ future. Please do email me at firstname.lastname@example.org should you have further inquiry on our plans. Have a nice day! 🙂
couldn’t agree more.. 😀
Your Position says
great saving for the children.
Donna Jane Marcuap says
The best thing a child can inherit from his/her parents would be the education he/she can get . We should ensure the quality of education given to our son or daughter so hat they would be properly molded 🙂
interesting! i’ll mention this one to my best friend & hopefully this will help her
regarding her children’s upcoming education.
Donna Jane Marcuap says
That’s very important, that in the very beginning we ensure education 🙂 not just education but the quality 🙂