Talent Education Saver Insurance Plan
Product features and advantages:
- Flexible solution at your own choice: you may choose either a savings oriented or protection oriented solution (The former is for education fund savings and the latter is for those looking for comprehensive life coverage for the child)
- Realize your savings target at ease"
- an First Year Bonus* and annual dividends# will be credited to your investment account in order to give you more capital to maximize the potential returns
- provide study bonuses^ to celebrate academic milestones of your child on the policy anniversaries preceding your child's 6th/ 12th/ 18th and 22nd birthday
- enjoy guaranteed returns on your investment upon the policy maturity date or for any policy which has been in force for 15 years or more
- Protect you against unexpected events in the future holds
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with "Quadruple Protector", an array of supplementary benefits including juvenile waiver of premium, payor benefit, education fee protector & triple booster, the policy owner can rest assured of achieving the savings target whatever the future holds
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tailor-made supplementary benefits to provide comprehensive protection for the insured child – juvenile critical illness insurance, juvenile accident insurance & juvenile term insurance
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- Flexible financial arrangements to better suit the education funding needs
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making advance withdrawals^ from as early as before your insured child's 16th birthday to pay for tuition fees
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you can choose the Inflation beater to reduce the impact of inflation on your child's education savings and / or protection benefits.
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* First Year Bonus is determined by multiplying the first 12 months of your regular premium for basic plan (not including the lump sum premium, rider premium and the temp-health loading) by your entitled First Year Bonus percentage. That amount will be credited to your investment account after the end of the 16th policy month and forms part of your Investment Account Value. If there is any reduction in the regular premium for basic plan during the Initial Charge Period, the value of First Year Bonus will be adjusted and deducted from the issued amount of First Year Bonus correspondingly.
# Dividends will represent the distributable investment earnings arising from that proportion of the Company's life fund attributable to the Investment Account and will be determined by the Company upon the advice of the Actuary. Dividends are guaranteed not to be affected by any profits or losses of the Company.
^ Subject to terms and conditions
To know more about the above plans, please contact our professional insurance consultants or call our Customer Services Hotline at (852) 2535 3500.
