Wednesday 4 January 2012

Marriage Plan

Marriage Plan
 
An ideal marriage for one's child is a cherished dream of every parent. Realization of this dream is not an easy task. A little foresight, however, can make it possible. What you need is a long term financial plan to help this dream come true. Let EFU Life provide you with the comfort of a guaranteed secure future for your children.
EFU Marriage Plan helps you save systematically so that you can give your child the much-needed financial security for the years to come. The Plan provides a complete financial planning package for you to plan for expenses associated with your children’s marriage. Planning in advance through the Marriage Plan for your child’s or even grandchild’s wedding celebrations now allows you to spread the cost over time, giving your savings a chance of significant growth.
The Plan provides high value savings, coupled with a guaranteed level of life assurance protection and flexibility, with various options to customize the benefits according to your needs.
Simply put, EFU Marriage Plan gives you the freedom to enjoy every moment with your children today, without worrying about their future tomorrow.

http://www.efulife.com/templates/efulife/pdf/marriage_plan.pdf 

Education Plan

Education Plan

One of the best investments any parent can make in their lifetime is an investment in their children’s education.
Of course, parents do strive to give their children a good start in life by accumulating assets for them such as business, property and cash, but these can be "temporary" in nature. One asset, that is permanent, however, is a good college / university education - that is something no one can take away from them.
A good solid education is now a prerequisite to financial stability and advancement in the very competitive and technologically advanced world that your children are growing up in. But unfortunately too often one hears the following words:
“I wish I had started saving early enough to be able to send my children to university”.
With EFU’s Education Plan, you can make sure that unlike other parents your dreams for your children will become a reality.
Guarantee their education even if you should die
In the unfortunate event of your death prior to the maturity of the Plan, you would want to make sure that your education plans for your children will still be fulfilled.
There are two key questions you need to address in this context:
Q: How will the fund you originally targeted for now be produced?
The Continuation Benefit, which is built into the Plan will ensure that all future contributions will be paid by EFU following your death until the Plan maturity date. This means that the education funds you had originally planned for will still be available for your children.
Q: How will the current school fees be paid so that your child continues to receive the education necessary to prepare him for university education?
To deal with the problem of funding school fees after your death, the Education Plan also provides an Income Benefit. This benefit, which is optional, provides a fixed amount, payable quarterly in advance, to ensure that the school fees continue to be met. The quarterly income you choose will be based on your current school fees requirements.
Guarantee their education even if you should fall sick This optional Waiver-of-Premium Benefit provides that if you are unable to follow any occupation for at least six months due to sickness or accident, the present contribution to your Plan will continue to be paid in full by EFU.
This means that whether or not you continue to enjoy good health, your education plans for your children will succeed.
Inflation Protection
Under the Inflation Protection, the contribution will increase every year by 5% of the previous year’s contribution with an appropriate increase in benefits, without any medical evidence. For complete details about Education Plan, please download our product brochure.

http://www.efulife.com/templates/efulife/pdf/efu_education_plan.pdf

Prosperity For Life

Prosperity For Life

Your life is a journey with many different stages and each stage brings with it new challenges. As you take each step in life your role and responsibilities change. Whether you are at the beginning of your career, have just started a family, require funds for your children’s’ education and marriage or would like to plan for your retirement, you need to have a financial planning tool which can respond to your changing circumstances and at the same time provide you sufficient funds to fulfill your and your family’s needs.
EFU Life brings you “Prosperity for Life” – a flexible and high value savings and protection product that ensures that your dreams become a reality at all stages of life… throughout your life!
Main features of the plan:
  • Choose different levels of life insurance protection for the same amount of premium
  • Change your level of life cover as your circumstances change
  • Get loyalty rewards through Guaranteed Loyalty Bonus
  • Accelerate the build-up of your fund through Fund Acceleration Payments
  • Benefit from the plan’s high investment allocation
  • Participate in the returns of the EFU Growth Funds
  • Hedge against inflation through the Inflation Protection Benefit
  • Cover yourself through whole-of-life insurance protection
  • Access your saving when you need it
  • Add supplementary benefits to tailor the plan to your needs
 http://www.efulife.com/templates/efulife/pdf/prosperity_for_life.pdf