Pru Triple EduCare
Good education for your kid assures him a bright future!
Your kids are going to start their first day at school soon, or transfer to university from highschool, or get ready to be graduated. You want them to study in an international school, oversea or give some fund for them to start their own business.
You are worried whether you would be able to cover all of those expenses in the future or not?
What will you do to prepare for the education of your kids?
With just a small savings of VND 1,100,000 every month, or VND 36,000 every day, you will be received an amount up to VND 216,000,000. Refer to your kids’s academic progress; you can flexibly set your own plan for receiving cash back with 2 options:
- Receiving payment 3 times:
- 1st time: VND 24,000,000 on the 7th year prior to maturity date.
- 2nd time: VND 48,000,000 on the 4th year prior to maturity date.
- 3rd time: VND 144,000,000 on maturity date.
- Receiving payment 5 times in the last 5 years of the policy: VND 50,000,000 for the first and last year and VND 38,000,000 for the remaining years.
So, is there any difference if we just save money every day at home? Let’s do a small comparison with us:
|You save money in your Piggy bank VND 36,000 every day in 16 years.||You pay for your Insurance policy VND 36,000 every day in 16 years|
|Total money save (VND)||212,200,000||Total money pay (VND)||158,400,000|
|Total money receive (VND)||212,200,000||Total money receive (VND)||216,000,000|
|There is no guarantee amount in cases any risk “happens.||You will be received 120,000,000 VND from insurance company in case any risk happens.|
(*) The above illustration is for a 21 years old female customer with term policy in 14 years, premium paid in 10 years.
With “Pru Triple Educare”, your financial security solution will be firmly planned accordingly your kid’s academic progress.
What can you get from Pru Triple Educare?
Benefit 1: Free premium in the last 4 years.
In the last 4 years of the policy, you don’t have to pay for any premium but still can receive cash benefit and full protection.
Benefit 2: Cash benefit option
Payment term for your kid’s education may be flexibly set either on the 7th and the 4th prior to maturity date or on every in the last 5 years. Moreover, you can also wait until the maturity date and receive everything at once to get highest return.
Total cash benefit is up to 120% of the sum assured, together with accumulated dividend and terminal bonuses.
Benefit 3: Guarantee for education payment after assured event
In case risk happens, the beneficiary will receive 100% sum assured and doesn’t have to pay the premium until the maturity date. The policy is still valid and payment for your kid’s education will be continued on term in accordance to the plan you set at the beginning.
Benefit 4: Protect you and your family against all the risks
Death: the beneficiary will be paid 100% sum assured together with policy dividend plus policy maturity profits (if any).
Total and permanent disability: payment will be made in 10 installments for 10 years.
Benefit 5: All are protected in one
You, your spouse and kids will be insured in one policy.
Benefit 6: Premium rate for large sum assured policies will be discounted.
You will be received discount for any policy which has sum assured more than VND 60,000,000 and the discount rate can be up to 0.6%
Useful information about the product:
- Age upon entry: 18 – 55 years old
- Payment term: 6 – 18 years
- Policy term:10 – 30 years
For more information about this product, please contact our hotline at (08) 3911 0000 / (04) 3696 0000 or visit your nearest Standard Chartered branch.
The information provided on this page is not a contract of insurance. The descriptions of cover are a brief summary for quick and easy reference. The precise terms and conditions that apply are in the Policy Document. This plan is underwritten by Prudential Vietnam Assurance Private Limited and Standard Chartered Bank (Vietnam) Limited accepts no responsibility or liability for the plan or the products and services offered by Prudential Vietnam Assurance Private Limited.