Education is Insurance
Good education is key to child’s future
Child’s education has now become an integral component of financial planning for most families 100% 80%
4 4 17
60%
29
40% 47
20% 0% Children's education
Emercency
Retirement
Purchase of first home
Home
Meet the Rising Cost of Education Course
Present
After 5 years
After 10 years
Medical School
1600000
2042050
2606231
Engineering
400000
510512
651557
Banker
600000
765768
977336
Professor
300000
382884
488668
With every passing year the cost of education is rising. With the passage of time and inflation, there will be a steep rise in the cost of education.
The ‘Hidden’ Cost of Education A quality education requires a lot more than just admission into a good educational institute Besides tuition fee, some common needs that have to be met include:
Reading Books (average annual cost Rs 5000/-)
Extra-curricular activities (average annual cost Rs 25,000/-)
Entrance Test Training and Fee (average annual cost Rs 50,000/-)
Pocket Money (average annual cost Rs 5000/-)
This ‘Hidden’ cost of education can easily exceed Rs 1 lakh p.a.!!
The Cost of Postponement(example) Time is running out…. with every passing year you are adding to the cost of postponement of your child’s need. The more you delay in planning for your kids education the higher is the premium you need to pay.
Why Child Plans... I need a child plan to secure …
Best Education for my child
Best Career start for my child
Best Business kick start for my child all of my Child’s Dreams …
The Aviva Solution
AYS….Emerges as the Best Choice A comprehensive study by Outlook Money recommends Aviva Young Scholar above similar products. Key benefits: • Attractive Returns • Waiver of future premiums, so that the policy can continue in the event of parent’s death, disability or critical illness, while the Sum Assured is paid out immediately • Regular income for the minor child, to meet everyday expenses in the event of parent’s death
Whatever Your Child’s Dream…
…Realise it with Aviva Young Scholar
MR. X who is taking this plan
Annual premium is 100000 Policy term is 10 year Till last policy Mr. x will deposit 1000000 After 10th year fund value will be almost 5000000
After death of Mr. x
• Company will provide 500000 to nominee as a sum assured. • Rest premiums company will deposit in lump sum to policy. • Client will get fund value after maturity of policy.
• From death of mr. x till maturity of policy, com. Will provide 10 %of sum assured.
August Kranti (till 14th august) •
Win more than “5” silver coins with your policy
•
An assured gift for your child
•
For Other benefits
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Contact :- alok singh
•
9730622562
•
[email protected]
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[email protected]