Education Is The Key To a World of Opportunities
As a parent, you certainly want the best for your child. And that includes giving your child a bright future with the best university education you can afford.

But did you know your child's university education could cost over S$500,000 in 20 years' time?

For most parents, the escalating cost of higher education may come as a rude shock. Whilst a local university education is projected to cost well over S$100,000, a degree course in the USA could cost a staggering S$595,000 by 2022.

What You Can Expect to Pay in Future for Your Childs University Education

Assumes inflation of 6% per annum.
Source: The Straits Times, March 2002

Although many education experts stress that our children will need a higher level of education to compete in the global economy and ensure job success, the fact is the alarming cost of education could be a painful drain on family finances - or even worse - saddle a young person with crippling debt.

That's why it is crucial to start saving for your child early - ideally from the time your child is born.


Secure Your Child's Future With AIA Edusaver
With AIA EduSaver, you can secure a sizeable fund for your child by the time he or she enters university. It's a specially designed education savings plan that helps you maximise your returns whilst providing comprehensive insurance protection for your child.

With AIA Edusaver, Benefits Abound

• A guaranteed maturity payout. You also have the flexibility to choose when your plan matures - at any age between 18 to 24 years - to coincide with the time your child enters university.

• Flexibility to tailor your plan to meet your child's financial needs. By opting to combine a range of AIA EduSaver plans maturing at different ages, you can enjoy cash payouts every year from the time your child reaches age 18, up to a maximum age of 24.

• Only 10 years' premiums. AIA EduSaver gives you peace of mind that, in just 10 years, your total premiums can be paid in full. What's more, the premiums you pay are guaranteed to remain the same throughout the 10 years and will not increase.

• Choice of currencies to invest in - Singapore or US dollars. By investing in US dollars, you can enjoy potentially higher returns than Singapore dollars. If you are thinking of university in the USA, you will reduce your currency risk by accumulating ready funds in US dollars.

• Comprehensive life protection for your child in the event of death, total and permanent disability or terminal illness. You can also enhance your child's coverage further with a wide range of optional benefits* such as hospitalisation and critical illness cover.

• Unemployment cover waives the premium payments on your AIA EduSaver plan for up to 12 months while you are unemployed due to involuntary job loss^**.

• Guaranteed convertible. AIA EduSaver also takes care of your child's future savings and insurance needs. Upon maturity, your child can choose to take up a new regular premium whole life, endowment or investment-linked plan, without the need for a medical examination.

How's your financial health?
Take the AIA Financial Health Check today!