What do you dream of for your children’s future?

It's a very competitive world nowadays. Young people are aiming higher and farther. Many students are now studying for more than one degree and international education is becoming increasingly common for those who not only want to become “No. 1 employees”, but also “No. 1 employers”.

As parents, we always want to give our children the best education and start in life that we can afford. However, our dreams can only come true if we are committed to a good savings plan that helps us save regularly whilst giving us peace of mind against risks of life. Start now with our Education Plan and show your children how much you care for them..

Why Education Plan?

Firstly, it helps you to save regularly. This life insurance plan helps you to focus on saving towards your child’s future education fund. With the added discipline of regular premium payments you are able save consistently and avoid the temptations of withdrawing money easily which is often associated with saving in a bank. This is demonstrated in the following chart .

The amount of money you want to be available for future events such as education enrollment or study fees when they become due is known as the sum assured and is guaranteed to be paid at maturity. This plan will also allow you to share in the company’s profit in the form of annual dividends after the policy has been in force for 2 years. If you leave the annual dividends with the company, you will also earn interest at rates determined by the Company from time to time.

Finally life insurance benefits are payable under the policy in the event of terminal illness or early death.

Priority Enrolment at one of the best Universities in Vietnam

If you are prepared to save with Dai-ichi Vietnam for your child’s education with the insured amount of 100.000.000 VND or greater then you may also be entitled to receive a certificate of priority enrolment at RMIT International University Vietnam. By taking up this option you are then assured of priority entry to a high quality university subject of course to your child also achieving the academic and English qualifications required for entrance. You can obtain more information about this additional benefit from your Financial Consultant.

In addition, you can choose to purchase some other riders to give you peace of mind against various risks of life.

Put your worries away

Most of our existing clients have chosen to purchase the following riders:
Waiver of Premium Benefit, which keeps the policy going should misfortune strike. What this means is that should the policy-owner (often a parent) die or become permanently disabled then the premiums on the policy will be paid by the company on your plan until maturity. No more payments are required by your family – the company takes them over so that the dreams you have for your child’s education can come true.
Enhanced Accidental Death and Disablement benefit provides an extensive cover against accidental death and disability. In addition to a certain amount payable in accordance with the level of disability, you will also get a fixed allowance of VND 50,000 for each day in hospital following such an accident. This insurance benefit can be attached to the policy-owner, and also to your child if your child is at least 5 years old.

Are there any other risks you want to be insured against?

Perhaps you are afraid that …	Recommended products
Your family will need to pay off a big debt should you leave them too soon, but you cannot afford to invest a lot in this savings plan.	Term Insurance
As you get older, you are very likely to suffer from one of the 35 critical illnesses such as cancer, heart-attack or chronic liver disease …	Critical Illness Insurance

The above content is intended as a general product summary for reference only. Please refer to the policy quotation for further details regarding the terms and conditions.

How long does an insurance contract last?

Maturity may be between the ages of 17 and 21 of your child, provided that the minimum term is 5 years. This is to make sure the timing is perfect for your children’s higher education needs. The longer your investment plan, the more you can save.

How much are you expected to invest regularly?

You can decide how much you will invest and the frequency of your investment subject to the following minimums:

Monthly	VND 300,000
Quarterly	VND 450,000
Half-yearly	VND 800,000
Yearly	VND 1,500,000

Also, your savings target or sum insured will need to be at least and discounts are available for large premiums.

Are you eligible for this insurance plan?

This plan is available to parents up to 60 years last birthday, and children up to 16 years last birthday with good health. The sooner you start, the lower the premium.

Start planning for your child’s education fund with Dai-ichi Vietnam now

• Where do you want to your child to obtain his/her university education? Listed below are some reference figures on tuition and fees that you may use to set your budget. Please note that these figures may change over time.
  

  * State owned university	: VND 18,000,000
  * Private university	: VND 40,000,000
  * RMIT International University Vietnam	: USD 15,000 to 19,000
  * Australian university	: USD 42,000 to 45,000
  * USA university	: USD 64,000 to 72,000
  * British university	: USD 75,000 to 80,000

• How much do you want your family to receive should you pass away due to an accident? This should be around 48 to 60 months of your regular income for them to maintain a similar standard of living..
• What kinds of risks do you want to be protected against?
• How much are you prepared to save regularly for these needs? E.g. 10% of your regular income.
• Prioritize your savings goals, and our professional Financial Consultants will help you to design the most effective plan to make them come true.

Contact information

If you would like to know more, please talk to our Consultant, or contact our nearest Sales Office.