This product is tailored towards parents or guardians who wish to set aside funds in a Trust, strictly for the education of his/her children or wards (Beneficiaries) within Nigeria or abroad.
- It assists and enables one to have concrete plans towards their child's education.
- Optional Group Life Assurance cover which shall be paid into the Trust Fund and applied towards the education of the child. (with a minimum sum assured of N1,000,000 and a maximum sum assured of N10,000,000)
- Periodic reports of Fund under management.
- High return on investment.
- Fund Management by qualified professionals.
- In the event of death or permanent incapacitation, the Trust will take over payment of the child/ward’s fees.
- The fund is separate from Client’s personal estate and is therefore inaccessible to Probate or Creditors.
- Any excess in the Client’s account after meeting the objective shall be transferred to a named beneficiary.