Your Child is Your Future

Transcription

1 Educator Plan i

2 2 Educator Plan Your Child is Your Future As a parent, you always desire the best for your child. You want to give your bundle of joy the gift of a bright and successful future, just like every other mom and dad. You dream of a good education and a financially secure future for them. However every year the cost of education seems to go up. Unforeseen tragedies, such as the death of a parent, or financial insecurity, could also deny your child their chance of a bright future. So start planning for your child s education now, for their dreams of success depend on your love and foresight.

3 Educator Plan 3 What is the Solution? The Educator Plan from Liberty Life will protect their future and dreams for you. It will ensure your child s future is secure no matter what. The Educator Plan is designed as a savings and protection plan to provide for the future education needs of your child. As it is never too early to start planning, the plan can be set up to provide cover from as early as when the child is 3 months old. Benefits The Educator Plan ensures that the money you need is available at critical intervals during your child s education It offers 4 annual payments of 14% of the sum assured every subsequent anniversary 4 years prior to maturity On the maturity of the policy, the plan provides for 50% of the sum assured together with bonuses earned over its term The minimum sum assured is Kshs 200,000 The minimum entry age is 3 months and maximum entry age is 15 years The maximum age at expiry of the plan is 35 years These, together with the main savings, provide an assurance that whatever happens in the future, your children will have the opportunity to follow their dreams.

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5 Educator Plan 5 Additional Benefits and Riders You can choose, with extra premiums, any or all of the following benefits that provide additional protection: Child s Protection Agreement (CPA) - waivers future premiums upon death of the premium payer Disability Protection Rider (DPR) - monthly payments of 1% of sum assured and waivers future premium payment if premium payer is totally disabled Education Protection Plan (EPR) monthly payments of 1% of sum assured and waives future premium payment on death of premium payer Student Accident Protector provides for payments of injuries incurred in case the assured child has an accident Limited Accident Benefit (AX) provides for payments for injuries incurred in case the assured child has an accident It s never too late to start planning to give your child a head start to their future success, no matter what happens along the way!

6 6 Educator Plan Mode of Payment You can choose to pay your premiums through any if the following modes: Check off (salary deduction at source of employment) Direct debit Banker s standing order Cash/Cheque MPESA Your payments periods may be: Monthly Quarterly Semi-Annually Annually Policy Term The policy term ranges from 10 to 20 years The chosen term will be guided by your choice of saving for upper primary, secondary or college education Contact Details Speak to your Liberty Life agent or contact Liberty Life offices on Tel: Mobile: / csc@libertylife.co.ke

7 Educator Plan 7 Ensure your child s future is secure no matter what. The Educator Plan from Liberty Life will protect their future and dreams for you! The Educator Plan is designed as a savings and protection plan to provide for the future education needs of your child. Liberty is not just our name. It s what we do.

8 8 Educator Plan LIBERTY IS NOT JUST OUR NAME. IT S WHAT WE DO We are a financial services organization that has been providing relevant insurance and investment management solutions in Africa for the past 57 years. Our business philosophy is founded on the unstoppable belief that everyone should have the opportunity to grow their wealth; that s why we provide a range of solutions that cater for your individual needs and empower you to prepare for unforeseen events. We roll up our sleeves every day and put our knowledge and insight to work to make a difference in our customers lives by making their financial freedom possible. Our goal is to provide you with the tools and information to put you in control. Enjoy the journey. REGISTERED HEAD OFFICE Liberty House, Mamlaka Road P. O. Box Nairobi Kenya Tel: (+254) Cell: Fax: (+254) E: libertylife@libertylife.co.ke W: Thika Branch Zuri Centre, Kenyatta Avenue P. O. Box 1540 Thika, Tel: (+254) thika@libertylife.co.ke Nanyuki Branch Silver Plaza, 1st Floor, Nanyuki Meru Road P. O. Box Nanyuki Tel: (+254) Nakuru Branch Polo Centre, 1st Floor Tom Mboya off Kenyatta Avenue P. O. Box , Nakuru Tel: (+254) nakuru@libertylife.co.ke Eldoret Branch Imperial Court, 1st Floor, Uganda Road P. O. Box , Nakuru Tel: (+254) / eldoret@libertylife.co.ke Kisumu Branch Tivoli Centre, Along Court Rd P. O. Box Kisumu Tel: (+254) /99 / kisumu@libertylife.co.ke Kisii Branch Royal Plaza, Hospital Road P. O. Box Kisii Tel: (+254) kisii@libertylife.co.ke Mombasa Branch Nkurumah Rd, NSSF bldg 6th Floor P. O. Box 84772, Mombasa Tel: (+254) / /2 / mombasa@libertylife.co.ke Kitui Branch Muli Mall, Biashara street, Opposite Equity Bank, 1st Floor Room 92 P. O. Box Nairobi Kenya Tel: (+254) Disclaimer The information contained in this document does not constitute advice by Liberty Life. Any legal, technical, or product information contained in this document is subject to change from time to time. This document is a summary of the features of the product as at the time of publication. If there are any discrepancies between this document and the contractual terms and conditions or, where applicable any fund rules, the latter will prevail. Any recommendations made must take into consideration your specific needs and unique circumstances. Liberty Group Ltd All rights reserved.