Everything begins with a good education. It is the most important
legacy we can give our children.
The quality of education a child receives can help shape his
character and his life, more than any material wealth you will
leave him. The higher the level of education he attains the
more opportunities he will have within his reach, leading towards
a more promising future.
Sun Life Financial Plans, Inc. helps you provide your child
with the best education plan you can possibly give him.
With Sun Education Plus, you get dividends* on top of the
Education Fund! You may choose to receive this yearly throughout
your term, accumulate it at the end of your maturity period or
apply it as payment for your succeeding installments.
Benefits and Features
Increasing Plan Benefits.
The Education Benefit per unit is P1,000. A 20% increase of the
Education Benefit is guaranteed every year to cushion the rise in
tuition costs.
Tailor-Fit To Your Needs.
Plans are available in 4, 5 and 7-year courses which can be used
for elementary, high school, college or even post-graduate studies.
Flexible Payment Terms.
We've got terms and modes of payment to suit every budget.
You may choose to pay over 5, 7, or 10 to 20 years.
| Protection In Times of Uncertainty. |
| Credit Life. |
In case of untimely death, our insurance
provider, Sun Life of Canada (Philippines), Inc., ensures
that all your unpaid installments will be paid. Your
beneficiary who may or may not be your indicated scholar,
will still receive the Education Benefit upon your plan’s
maturity. |
| |
|
| Credit Disability. |
In the event that you become totally and
permanently disabled during the paying period, our insurance
provider, Sun Life of Canada (Philippines), Inc., ensures
that all your unpaid installments will be paid. You will
still receive the Education Benefit for your scholar upon
your plan’s maturity. |
Convenience and Adaptability.
Benefits are paid in cash directly to you as the Planholder (not to the school).
You are free to choose when and what to use it for: tuition, school
supplies, allowance or other miscellaneous expenses.
Transferability.
The Plan is transferable. In case something happens to the Scholar,
you can grant your Plan to another child. In fact, you may purchase
an Education Plan even if the child has not been born yet. You may
just assign the Scholar at a later date.
Dividends
On top of your educational fund, you may also get dividends. You
can choose to receive this in cash, accumulate this at interest and
withdraw whenever you wish, or apply it as payment for your installments.
The value of the dividends will vary depending on the Company’s
performance and will be based on the prevailing rate at the specific
time you choose to get them.
* Dividend rates vary based on Trust Fund investment performance, hence are not guaranteed.
