Standard Alliance Life EDUCATION SUPPORT PLAN

Standard Alliance Life Education support Plan is an Educational Investment Product that provides policyholders with an avenue to save for future education of their children.

he Plan also ensures that there is no premature stoppage of the education of the named child/children as a result of death of the sponsor before completion of school by guaranteeing a minimum level of death benefit.

KEY BENEFIT OF THE PLAN

• Uninterrupted education plan for children
• Reduces stress, anxiety and worry over termly settling of school bills
• Free Life Assurance cover (minimum) of =N=250,000
• Guaranteed maximum returns on Investment
• Covers more than one child

FEATURES OF THE PLAN

• Minimum Annual Investment Amount of =N=60,000.00
• Minimum entry Age is 18 years
• Maximum entry age is 60 years
• Minimum Duration of 5 years
• Flexible duration to coincide with the present class of the child/children
• Minimum Period: 12 months before payment of school fee subject to one-third of contribution at any point in time.
• Frequency of payment: monthly/quarterly/half-yearly and yearly
• Mode of payment: Cash/Cheque/Direct Debit Mandate
• Tax Relief
• Return up to 3% subject to prevailing market rate.

TERMINATION