Scholar

As parents, you want the best for your children in every way possible. It is especially important these days to give them the opportunity for a university education. A degree will give them a headstart in life. Scholar helps you to build an education fund for your children.

Features and benefits:

• Provides 3 annual payouts to help ensure sufficient funds throughout the university years.
• Choice to receive the 1st payout to coincide with your child's university entry age between 17 and 20. Premium stops once your child enters university. No premium is required during the payout period.
• Maximise the saving efforts with high yielding returns of 4.42%p.a.+.
• With our optional payor benefit, if something unexpected were to happen to you, all your future premiums will be waived.
• Guaranteed insurability option - within 3 months upon maturity, your child can take up a Whole Life or Endowment plan at the same sum insured without evidence of insurability.

+Based on a boy age 0, sum insured of $100,000 and 20-year premium term. Bonus rates are not guaranteed.

Example of the 3 annual payouts:

Here is an example of how much your child will receive from Scholar if you buy him the plan with $50,000 sum insured when he age 0. The first guaranteed payout is available at age 20.

^ 3.5% p.a. is the prevailing interest rate and is subject to change.

Find out more about Scholar.