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When the time comes, be ready to give your child the best opportunities available.
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{{label}}02 June 2015
It is a universal truth that parents only want the best for their children, and this is evident when it comes to education. No matter how diverse goals may be, a good education is considered by many as the main foundation of a successful future.
The curriculum, staff, social surroundings, and a school’s track record all play a part when parents need to choose the best academic program to help prepare their kids for “real life.” A high quality education, however, usually comes with a high price tag.
Considering that future tuition fees can be overwhelming, new parents can benefit a lot from planning ahead. Before their child reach a year old, parents like Cecile S. Nishigaki decided to invest in an education plan with Philam Life to be paid for over the span of five years.
Fast forward to her children’s college years, Cecile now receives her investment in the form of annual checks. Although the annual payments may not cover the tuition in entirety, they undeniably help lighten a lot of the financial load.
Since 2004, Philam Life has released more than P9 billion in educational benefits, with P1.5 billion of that released in 2014 alone. Johannah, the daughter of Cecile will be entering her 4th year at the Lyceum of the Philippines. Indeed, parents who choose to invest in their children’s future with Philam Life will be happy to see their investment pay off in the future.
Cecile S. Nishigaki (left) receives a check from Philam Life Director of Agencies for Manila B, Rico Bautista, for the education of her daughter Johannah who studies at the Lyceum of the Philippines.
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About Philam Life
The Philippine American Life and General Insurance Company (Philam Life) is the country’s premier life insurance company. Established on June 21, 1947, Philam Life offers an extensive line of products in the industry that provides solutions to various financial needs including life protection, health insurance, savings, education, retirement, investment, group and credit life insurance.
Philam Life is a member of AIA Group Limited, the largest independent publicly listed pan-Asian life insurance group.
About AIA
AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets in Asia-Pacific – wholly-owned branches and subsidiaries in Hong Kong, Thailand, Singapore, Malaysia, China, Korea, the Philippines, Australia, Indonesia, Taiwan, Vietnam, New Zealand, Macau, Brunei, a 97 per cent subsidiary in Sri Lanka, a 26 per cent joint venture in India and representative offices in Myanmar and Cambodia.
The business that is now AIA was first established in Shanghai over 90 years ago. It is a market leader in the Asia-Pacific region (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$167 billion as of 30 November 2014.
AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia-Pacific, AIA serves the holders of more than 28 million individual policies and over 16 million participating members of group insurance schemes.
AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code “1299” with American Depositary Receipts (Level 1) traded on the over-the-counter market (ticker symbol: “AAGIY”).
