ALLIANCE GROUP EDUCATOR (AGE)

The scheme
is the cheapest insurance cover available to parents/Guardian
which creates a sufficient
estate for a child to guarantee the completion
of his education in the
event of death or permanent disability of the Parent/Guardian.
OBJECTIVE OF THIS POLICY
Education
is the lasting legacy that any parent can bequeath to his or her child.
The
importance of education therefore is to equip the benefiting child to face
future
challenges squarely
with confidence. It cannot be an over
statement to say that
education is a key
investment that requires proper planning in order to realize the
real objectives.
Any
investment could fail and in some instances such failure might be of little
consequence
to the investor or vice
versa but failure in educational planning will certainly bring about
a great setback. Let us state an example the death of a father
who failed to plan for the
education of his
child. The first casualty is the child
education which has to stop abruptly.
The impact
to child psychologically and socially as well as its negative effect on the
society
cannot be easily measured.
The
Alliance Group Educator (AGE) plan forecloses the above sordid picture. Every parent
would like to enlist in this
mechanism that would automatically ensure the education
of his/her child continues
unabated. This would remove all the
above negative impact while
the society will be the
ultimate beneficiary of this programme on the long run.