BIP Education Fund

Protect your childrens' future against uncertainties.

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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.

Why business owners establish education funds for their children

For your family’s future, you need a game plan in case your plans don't play out accordingly. 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

Our solutions

Sun Dream Achiever

  • Increasing Education Benefits
  • Life Insurance Protection
  • Guaranteed Cash Value & Dividend Earnings

Sun MaxiLink Prime / Sun MaxiLink Bright

  • Insurance with Investment Component
  • Offers potential gains over time
  • Flexible Investment Options

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.

Negate the rising cost of college education in the Philippines

Ateneo de Manila University Php 170,000 – Php 190,000
De La Salle University Php 200,000 – Php 230,000
University of Santo Tomas Php 100,000 – Php 150,000
University of Asia and the Pacific Php 180,000 – Php 190,000
San Beda University Php 180,000 – Php 300,000
De La Salle – College of St. Benilde Php 180,000 – Php 240,000
Annual Increase in Tuition Fees: 10%

Example

Child’s age: 3

Years before entering college: 15

Current Tuition Fee: Php 110,000

Projected cost of tuition fees in 15 years

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

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