THE CHILD PROTECTION PLAN SAFEGUARD
YOUR CHILDREN'S TOMORROWS
... TODAY WITH THE CHILD PROTECTION PLAN A HEAD START IN LIFE All parents have one common goal - to give their children a good start in life. Parents are aware of the advantages that a good education can give when it comes to getting a good job or qualifying for further education. In fact statistics indicate that the average college graduate can expect to earn substantially more than his/her non-graduate counterparts. FINDING THE MONEY The problem is that finding the money for a good education is not that easy. Many parents who meet the costs of school fees out of income have to make considerable personal sacrifices. Alliance Life's extensive research has established that education costs are on the increase. The cost of primary and secondary education has been rising at a staggering 10% per annum over the last 10 years. THE
SOLUTION Yet there is a way in which the costs can be dramatically reduced and put easily within your reach. The answer is the Child Protection Plan from Alliance. By setting aside a fraction of your income now before you need the funds, parents can ensure the availability of adequate cash when it is needed most. The child Protection Plan is specially designed to assist the forward thinking parents in providing for their children's future education needs in a planned manner. Adequate availability of funds assists you in realising your plans. There is also built in security by way of life assurance protection for both the parent and the child.
if the payer dies while the child is alive, the following benefits are payable: a) A monthly income of 1 % of the sum assured is paid to the child upto the end of the policy term or earlier death of the child: PLUS b) The sum assured together with accumulated bonuses is paid to the child at the maturity of the policy: PLUS c) The payment of premium ceases at death of the payer _ and no further Premiums are required. If the child dies during the Term of the Policy, the sum assured is paid as follows:
SURVIVAL
BENEFITS On
survival of both the parent and the child at maturity, the full
sum assured plus bonuses are paid. Start your regular contributions
well before your child goes to school, and you can build up funds
to pay the bills when they start arriving. Obviously investing
regularly takes a while to build up the fund you need. For that
reason parents who begin with Alliance's Child Protection Plan
when their children
are young can reap the biggest benefits.
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DEATH
BENEFIT