Juvenile Education
1. Juvenile University Education
This is a juvenile university education plan with
4 year survival benefit payments.
Benefits:
- Death benefit: The beneficiary will be paid the difference
between total premium paid and total survival benefit received,
or CSV, whichever is larger.
- Education: survival benefit of 100%, 105%, 110% and 115% of
SA will be paid at age 18, 19, 20, 21 respectively.
- Total and Permanent Disability (TPD): Advance the above survival
benefit (430% of SA) on confirmation of TPD.
Policy Term: To age 21.
Premium paying period: choice of single, up to age
14 and up to age 17
2. Juvenile High School Education Rider
This is a high school education plan with 3 year
survival benefit payments.
Benefits:
- Death benefit: The beneficiary will be paid the difference
between total premium paid and total survival benefit received,
or CSV, whichever is larger.
- Education: survival benefit with 100%, 105% and 110% of SA
will be paid at age 15, 16, 17 respectively.
- Total and Permanent Disability (TPD): Advance the above survival
benefit (315% of SA) on confirmation of TPD.
Policy Term: To age 17
Premium payment term: Single or up to age 14.
3. Juvenile Maturity Endowment Rider
This is a pure endowment rider to provide a lump
sum maturity value for education.
Benefits:
- Death Benefit: Return of total premium paid
- Total & Permanent Disability (TPD): the SA will be advanced
in 3 annual installments of 10%/20%/70% with waiver of premium
during disability.
- Maturity: 100%SA will be paid upon maturity at the age of 18,19,20,
21,22 or 23.
Premium payment term: Single or up to age 18.
(This is a marketing material for purpose of
information only. Please refer to the contract provisions for the
exact terms and conditions. )
|
