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“Only 1.2 USD a day, the future of your kid’s study is guaranteed”
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1. What is the Study Save Plan?
It is the life insurance plan which provides both financial protection and saving for your family.
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2. Features of the plan
- You can choose coverage period of 10, 12 or 15 years;
- Payment mode : monthly, quarterly, semi-annually and annually;
- Issued age : 18 to 55 years;
- Opt to cover spouse and/or kids up to 4 persons.
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3. Benefits of the plan
- Death benefits:
get 100% of sum assured plus 110%, 112% or 115% of total annual
premiums paid (not including interest and extra premium);
- Maturity benefits:
get 110%, 112% or 115% of total annual premiums paid (not including
interest and extra premium).
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4. Why Study Save Plan?
- You are a father/mother responsible for your family;
- Saving with the higher protection;
- A guarantee of benefits payment to your chosen loved ones;
- Your kid’s dream still continue by successfully.
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Illustrated Example:
Mr. Camroth, 35 years old buys the study save plan. Sum assured $13,300
with 15 years coverage for maturity benefits 10,005 USD
Premium payment:
- annually
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: 580 USD |
| - semi-annually |
: 302 USD |
| - quarterly |
: 157 USD |
| - monthly |
: 53 USD |
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Graph illustration of 15 years coverage
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Assumption:
With the Study Save Plan of Camlife:
- If Mr. Camroth passed away in the 6th policy year, the company will pay death benefit
= 13,300 + (115% x 580 x 6) = 17,302 USD;
- If Mr. Camroth survives 15 years, the company shall pay 10,005 USD;
- If Mr. Camroth quits protection in the 6th policy year, the company will return surrender
= (184.34/1000 x 13,300)= 2,451.72 USD.
This is just an illustrated example, not a contract. |