Our Children…Our Dreams

Our Dreams…

Our Commitment

It is through our children that we dream, and lavish all our love affection and care for their better future. We want them to have the very best in life, and we work diligently towards it.

Yet, God forbid, if we are not around, have we ensured that our dreams don’t vanish, that our children continue to fulfil our dreams and their ambitions – without any compromise?

“When it comes to the education of our children… failure is not an option.”

The cost of education is rising drastically.

Cost of Education

University

UK

UAE

USA

Tuition Fees pa Est. Living Exp Total Cost pa

$7,000 to 21,000

$11,000 to 27,000

$7,000 to 21,000

$7,000 to 13,000

$9,000 to 13,000

$7,000 to 20,000

$14,000 to 25,000

$20,000 to 40,000

$15,000 to 23,000

A 4 years course in USA cost up to $136,000 & in UAE – it is still higher.

In 10 years time amount required will be $ 217, 310 (assuming 3% inflation)

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020

AE

D

How to plan for your child’s higher education

DO YOU WANT TO…

Save money in advance Save money in advance

and prepare for the futureand prepare for the future OR

Obtain financial aid when the time comes?

(with the associated hassles, and the chance that the loan may be costly???)

Saving money is the best way to prepare for the costs of college.

Setting aside a certain amount every month will help build up a fund for college.

If you begin saving for your child early, the amount you have to set aside each month will be smaller

Saving Money for the Future…

Saving Money for the Future…

If you start saving when your child is

Number of years of saving

Approximate monthly savings

Amount Available When Child Begins

College

Newborn 18 2,229 1,000,000 Age 4 14 3,316 1,000,000Age 8 10 5,280 1,000,000Age 12 6 9,629 1,000,000Age 15 3 18,769 1,000,000

Amount You Would Need to Save to Have AED. 1,000,000 When Your Child Begins College

• Assuming a 7% interest rate.

• The Monthly Savings go up drastically if you start late.

Plan Early and save Money

To set up a target savings amount, you need to think about…

what kind of college you would like your child to attend?

where your child might attend college?

how much that type of college might cost at that time?

how much you can afford to save?

what kind of instrument would you prefer investing in?

is your child’s education protected irrespective of all

eventualities?

How Much Money do you Need?

The Impact of Inflation

Even a 5% inflation rate over the years will hike the cost of a marriage that can be done for AED. 500,000/- today to more than AED. 1,500,000/- in 2025.

Have you ensured…

That your children’s marriage is not postponed because of capital requirements?

That the grand marriage plans that you have for your children is fulfilled even if you are not around?

Ensure that cost does not become a barrier to the best education available to our children?

Ensure that the child can be assured of completing his journey of learning without compromise, come what may?

Ensure that the child gets a proper start in his/her life, come what may?

What can we What can we do...do...

INTRODUCING…

eaZassure for Education

for Educationfor Education

• Min age 18, max age 60 years• Basis: single life only, child is the

beneficiary• Premium: A regular premium plan only• Compulsory riders: FIB & WOP • Policy matures when the child reaches at the

age of between 16 to 21 years.• Other riders are available on optional basis• Sum assured can be increased or decreased

Partial withdrawal available.

In case of child’s death,

a)Policy terminates and the accrued cash value is paid or

b)Name can be replaced with another child’s with no change in the policy term.

for Educationfor Education

for Educationfor Education

WOP: In case of Permanent Total Disability of the payor lasting More than 6 months, future premiums are waived off.

FIB: In case of death of the premium payor during the policy term, an annuity of 10% to 25% of ELC as selected by the client at the time of buying the policy, will be paid till the end of the term.

ELC is also paid at the time of death of the payor.

FlexibilityFlexibility

• Sum assured can be increased or decreased (subject to underwriting decision)

• After paying for 3 years, client can increase or decrease regular premium. (minimum premium after change should be USD 100.

• Upon maturity client can enjoy lump sum payment or can have the pensions for fixed duration

OptionsOptions

• Partial encashment allowed on accumulated units after 3 years provided CV not less than US$ 2,000 after withdrawal @ 15 USD per transaction

• Additional single premium (Top up) can be paid at any time(Minimum Top up amount USD 1500).

• Additional sum assured can be attached• Client can enjoy premium holiday facility after

paying 3 years premium

What if something happens to you ?

Your Child is totally protected under this plan.

Assuming that the Sum Assured is AED 500,000, in case of accidental death or accidental permanent total disability of the policyholder (PH),

•All future premiums are waived to relieve your family from some financial burden.•1% of the Sum Assured i.e. AED.5,000/- would be payable monthly to the PH’s family till the age at maturity to supplement their income.

One Strong Relation

That we live for

Just $ 1000 / monthly

1.Cancer, 2.Myocardial Infraction, 3.Stroke, 4.Coronary Artery Surgery, 5.Renal Failure, 6.Major Organ Transplant, 7.Paralysis, 8.Blindness, 9.Heart Valve Replacement, 10.Surgery for a disease of the Aorta,11.Multiple Sclerosis, 12.Coma, 13.Major Burns

AED18,000 can be withdrawn for the school fees every year.

Just $ 1000 / monthly

AED 1 Million can be withdrawn for the Higher education.

AED 50,000 can be withdrawn for the House rent every year.

Just $ 2000 / monthly