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Secure my children's higher education
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| All parents want to give their children the best education they can afford. However, many do not plan for this early enough, largely because they underestimate how future costs can escalate. Others believe that university education is still too far off to be concerned about right now. On the contrary, it is important to start saving as soon as possible. The earlier you start, the more time your money has to grow, and the better you’ll benefit from of the power of compounding. Even a modest monthly investment can grow to a significant college fund by the time your child grows up. |
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| Why This Account/Plan? |
A child’s endowment plan with high savings element, which makes it ideal as an education fund. With TM Education (LP), you will be all set to meet your child’s tertiary funding needs. Depending on your tertiary plans for your child (e.g local or overseas education, the field of study, etc), determine a College Expense Benefit that is most appropriate. For added assurance, the Benefit is GUARANTEED! This plan also provides insurance protection in the form of Death or Total & Permanent Disability (TPD) coverage. You will only need to pay premiums for either 5 or 10 years. In addition, pick a coverage term, whether it’s up to age 20, 21, 22 or 23 (age on next birthday). |
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| Tenure |
Choice of 20,21,22 or 23 (age on next birthday) |
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| Interest / Profit |
N/A |
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| Min Account Opening |
N/A |
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| Eligibility |
1-10 (Age on next birthday) |
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Current & Savings Accounts
