We need to give wings to our children’s dreams by being well-prepared for their future needs and requirements. With the rise in overseas education, higher education and overall cost of education, it is now imperative that parent start saving early for their children’s education. A Child Education Plan is an insurance policy that offers protection as well as an opportunity for saving money to ensure a secure future for your child. It makes sure that your child receives the education he/she desires.
The NIC A+ Education Plan provides your family with a lump-sum payout at maturity or when any unfortunate event occurs to you…check this. The NIC Child Investment Plan allows you to save and build your child’s future and rewards you with a Loyalty Bonus every 10 years. It is specially crafted to provide you with a blend of insurance coverages and investment opportunities that enable you to prosper over time and fulfil your dreams whilst financially securing your future and that of your loved ones. It also provides enhanced protection options against disabilities, critical illness, terminal illness, and death amongst others.
Yes, you can.
The early you begin investing in your child’s education, the better as it provides you with more number of years wherein you can even plan factoring the inflation rate of the future.
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For applying for the NIC A+ Education Plan
you will need to provide:
1. National ID Card
2. Proof of address
3. Telephone Bill – last 3 months