Do you want a happy future? Of course you do! When you think of your life years and years from now, it might not only include your plans for retirement or the fate of your business. You might be thinking about the future of your younger loved ones, too! Before your children can leave the nest and build their own life, they’re going to need all the help they can get to have the best possible chances of success. Many parents echo the sentiment of Ms. Radovan, a valued AIA Philippines client: “I want [my child] to have all the opportunities in life. […] Whatever happens, [my child] will be secured and [they] will always know [they’re] my top priority.”
As parents, one of your greatest responsibilities is ensuring your children are equipped with all they need to thrive in modern-day society. Right now, education is indispensable to the future of your child: the quality of their education makes all the difference in what paths open up to them. In the first two decades or so of your children’s lives, their entire future hinges on the skills they learn and talents they cultivate.
Education may be a human right, but good education can oftentimes be expensive. Keep in mind that their learning is a major investment that you can expect to be paying off for years to come. And college is the last step in a long journey that may very well decide the career they may choose to pursue. Who knows what could happen that can pose a challenge to affording your children’s education?
That’s why it’s never too early to create funds for their future college tuition and take measures to protect your savings. You’ll save yourself a lot of trouble by signing up for insurance! One of the best ways to fund a child’s education is by finding a reliable partner to protect their future— like AIA Philippines.
Setting aside money for funds is a great start, but investing in insurance can give your children specific additional benefits tailored to protect them and their future. The best example for this is AIA Philippines’ Future Scholar, which is an education policy aimed at growing college funds and covering for any unexpected issues.
When you start early, even the smallest of investments can turn into a life-changing amount. Future Scholar gives you many benefits which you can get for as low as Php 20,000 per year (subject to terms and conditions). For example, you’ll receive guaranteed cash payouts twice a year over four years, starting when your child turns 18— to fund their college education.
A portion of your premiums also goes into investment funds that can further grow the money you earn for your child. And the best part of Future Scholar — you can include optional life insurance coverage in the event you pass away or suffer from total and permanent disability before your child turns 18. Another additional optional benefit is that if you pass away, your future premiums will be waived too, and your child will still be able to continue benefiting from the plan.
You can enjoy the flexibility of choosing how long you want to pay for Future Scholar. How much do you want to invest in your child’s future? You can build an education fund in 5 years, or get a head start and pay until your child reaches the age of 17. Whichever one you choose, it will surely have a huge impact on your ability to fund their education.
Give your sons and daughters the future they deserve, one small investment at a time. With education insurance, you’ll not only be safeguarding your family’s future, but the happiness and success of your loved ones.