The document discusses the importance of planning and saving for a child's future education. It notes that the costs of education are rising significantly and provides estimates of tuition and living costs for university in different countries. It emphasizes starting to save early and provides calculations showing how much would need to be saved each month depending on when savings are started. The document then introduces an education savings insurance plan, highlighting features like flexibility, premium waiver options, and benefits provided in different situations.
2. It is through our children that we dream, and lavish all our love affection and care for their better future. We want them to have the very best in life, and we work diligently towards it. Yet, God forbid, if we are not around, have we ensured that our dreams don’t vanish, that our children continue to fulfil our dreams and their ambitions – without any compromise?
3. “ When it comes to the education of our children… failure is not an option .”
4. The cost of education is rising drastically. Cost of Education University UK UAE USA Tuition Fees pa Est. Living Exp Total Cost pa $7,000 to 21,000 $11,000 to 27,000 $7,000 to 21,000 $7,000 to 13,000 $9,000 to 13,000 $7,000 to 20,000 $14,000 to 25,000 $20,000 to 40,000 $15,000 to 23,000 A 4 years course in USA cost up to $136,000 & in UAE – it is still higher. In 10 years time amount required will be $ 217, 310 (assuming 3% inflation)
6. How to plan for your child’s higher education DO YOU WANT TO… Save money in advance and prepare for the future OR Obtain financial aid when the time comes? (with the associated hassles, and the chance that the loan may be costly ???)
7. Saving money is the best way to prepare for the costs of college. Setting aside a certain amount every month will help build up a fund for college. If you begin saving for your child early, the amount you have to set aside each month will be smaller Saving Money for the Future…
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12. INTRODUCING… BECAUSE YOUR CHILD HAS MILES TO GO AND YOU HAVE PROMISES TO KEEP ea Z assure for Education