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We have no control over uncertainties that may disrupt our business, impacting the lives of people who depend on it. But we can plan ahead to protect our family’s future against life’s uncertainties.
Secure your child’s education with Sun Dream Achiever. No matter what life may bring, your child can look forward to a bright future.
For your family’s future, you need a game plan in case your business doesn’t go as planned. One milestone to prepare for is your child’s education.
With the rising cost of education, and with the uncertainties that can potentially disrupt your business (and consequently your income), it is important to build an Education Fund to back you up by the time your child gets into university.
The keys to building a future education fund are:
TIME
Start Early
MONEY
Save as much regularly
INTEREST
Beat inflation
Child’s age: 3
Years before entering college: 15
Current Tuition Fee: Php 110,000
First Year: Php 459,497.30
Second Year: Php 505,447.03
Third Year: Php 555,991.73
Fourth Year: Php 611,590.91
Total Tuition : Php 2,132,526.97
Source:
Moneymax
Notes:
1. Benefits indicated above are subject to contestability provisions, exclusions and/or provisions on pre-existing conditions, specific guidelines set by Sun Life and the actual provisions of the insurance policy contract.
2. Dividend Earnings are not guaranteed.