BIP Education Fund

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. 

Why SMEs need to set up an Education Fund for their children

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

Cost of College Tuition Fees in the Philippines

Example

Child’s age: 3
Years before entering college: 15
Current Tuition Fee: Php 110,000

Projected Cost of Tuition Fees 15 years from now

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

Learn how much you'll need to prepare for your child's future

A child studying for school A child studying for school

Education Budget Calculator

It’s never too early or late to start saving for your child’s education. This calculator can help you prepare for your child’s university tuition expenses. 

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Our solutions

Sun Dream Achiever

Sun Dream Achiever

  • Increasing Education Benefits
  • Life Insurance Protection
  • Guaranteed Cash Value & Dividend Earnings
Sun Dream Achiever
Sun MaxiLink Prime / Sun MaxiLink Bright

Sun MaxiLink Prime / Sun MaxiLink Bright

  • Insurance with Investment Component
  • Offers potential gains over time
  • Flexible Investment Options
Sun MaxiLink Prime / Sun MaxiLink Bright

Notes:

1. Benefits indicated above are subject to contestability provisions, exclusions and specific guidelines set by Sun Life and the actual provisions of the insurance policy contract.

2. Dividend Earnings are not guaranteed.

Talk to a Sun Life Advisor to know more

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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.