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An Educational Plan For Your Child/children - Education - Nairaland

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An Educational Plan For Your Child/children by bayol2001: 11:27am On Jul 03, 2011
hello nairalanders, why put the faith of your children in the hands of family members in the event of any occurence such as death ot terminal illness of any of the parent?i am here to discuss a insurance plan that helps you save for the future of your kids, the insurance plan is best for kids btw the the ages of 1-13 because we believe that every child should be ready for university by the age of 18.here is a quick summary of the plan, u take out a fixed sum assured, it could be 5 million naira, if you child is 5 years old for example, we do 18 which is the age the child should be ready for university minus 5 years old, so you do an insurance for 13 years for the child, pls note that you dont drop 5million, 5 million is the sum u r doing for, in a year u can be paying btw 150-200k which can be spread, for any amount you insure for, you get a 3% bonus of the said amount, i.e if you do a childs insurance for 5miilion, you get a bonus of 150,000 every year which is then added to you 5 million when the child is 18 years of age.so therefore you will be having 150,000 multiplied by 13years plus your 5 million, the truth is that alot of would rather keep money in the bank for their children, but you knw what, when you keep money in the bank and in the event of death, your family members dont have any access to the money until a letter of administration as been produced, letter of administration can take months, even years to be produced based on our slow judicary process.pls dont let ignorance put d lifes of your children in jeopardy,
pls note that, child insrance is transfereable to another child in the same family as long as they share the same surname. also, the insurance company i work for is a highly reputable insurance company quoted on the nigeria stock exchange. also, i dont request cash from anybody, it is the insurance company that sets up an account for you.you can also use your insurance certificate as a collateral to borrow money,
to discuss more about this plan, you can email me on bayol2001@yahoo.com or give me a call on 08187447878, then i can update u more, please i am based in lagos.

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