supreme-education

Wealth Accumulation

Supreme Education

Financial security for your child's education and future

As a doting parent, you want nothing but the best for your little one. And it's never too early to start planning for your child’s future needs. Supreme Education is a comprehensive education plan that assures high guaranteed cash payouts to coincide with your child’s educational milestone ages.

 

Plus, with the plan's optional Parent Assurance Benefit rider, you can ensure that your child’s living expenses will be covered, should anything unexpected happen to you.

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Key benefits

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Receive high, guaranteed cash payouts

At each one of your child's milestone education ages1 , you'll receive payouts, which you can opt to accumulate to earn interest2 .

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Secure your child's future

With the Parent Assurance Benefit Rider 3 , you can ensure your child’s living expenses are taken care of should the unexpected happen to you.

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Choose premium term and maturity age

Pick one of two premium payment terms of 10 years or up to three years before maturity, and choose between two maturity ages: 22 and 24 years.

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Make extra cover easy for your child

The plan offers you the flexibility to buy additional coverage for your child, without him needing to go for medical check-ups4 .

How Supreme Education works

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Waive premiums: To have premiums waived and ensure that there's no disruption to your plan should the unexpected happen to you, consider Payer Benefit Rider.

 

Childhood illnesses: To protect your little ones against 18 children's illnesses, consider Junior Living Assurance Rider Plus.

 

Coverage against accidents: To cover your children against accidents - anywhere in the world - consider Junior Protector Plus.

Based on Singapore’s mainstream education system: ‘O’ Level, ‘A’ Level and three years of University education.

 

The current interest rate is 3% p.a. This rate is not guaranteed and is subject to change without notice.

 

As a reducing term rider, the sum assured will reduce over the term of the rider.

 

4 This option can be taken up between six months before and six months after the maturity of this plan. Limited to S$200,000 or 200% of sum assured of the existing Supreme Education plan, whichever is lower. Other terms and conditions apply.

 

The illustrated values are based on a projected investment rate of return of 4.75% p.a. and that cash payouts are being paid out. As the bonus rates used for the benefits illustrated are not guaranteed, the actual benefits payable will vary according to the future experience of the participating fund.

All ages specified refer to age next birthday.

 

This advertisement has not been reviewed by the Monetary Authority of Singapore.

 

The above is for general information only. It is not a contract of insurance. The precise terms and conditions of this insurance plan are specified in the policy contract.

 

Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable, if any, may be less than the total premiums paid. It is usually detrimental to replace an existing accident and health plan with a new one. A penalty may be imposed for early plan termination and the new plan may cost more, or have less benefits at the same cost.

 

In case of discrepancy between the English and Chinese versions of the brochure, the English version shall prevail.

 

These plans are protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact us or visit the Life Insurance Association (LIA) or SDIC websites (www.lia.org.sg or www.sdic.org.sg).

 

Information correct as on 27 February 2015.