The Essential Features of a Secure Education Fees Plan

Flexibility: whilst your plan must be designed to achieve your long-term goals, it must also be flexible enough to accommodate life’s unexpected turns. Hence a genuinely flexible plan will allow you to withdraw capital; reduce your premiums and sometimes suspend your premiums for up to a few years. A user friendly plan will also allow you to make monthly, quarterly, half-yearly or annual premiums.
Protection: a comprehensive education fees plan will provide vital added family protection to guarantee the fees will paid in the event of death, accident or serious illness.
Security: you should select a plan which is administered in a reputable well governed jurisdiction that provides maximum investor protection in the event of institutional failure.
Portability: regardless of were you live you must use a plan which gives you the freedom to move between jobs, countries and even to change the school of your choice.
Currency choice: the most suitable plans will provide a wide range of major currency choices so that you can match the premiums to your salary or to the currency of the future fees.
Access to Capital: there will be times when you may need access to your capital or even to change your plan for education fees – if your child should get a scholarship or obtain a military service grant. In these events you want to be able to withdraw your savings for other purposes. Many charitable school fees schemes are inflexible and do not allow the use of the funds for any other purpose other than fees.
Investment choice: to allow your savings to benefit from professional management and the optimum asst allocation to global markets you need a plan which provides a wide choice of investment risk-rated funds. Our plans also provide an option for an automatic fund switching service which moves their funds into more secure investments the nearer they get to the end of the policy to prevent any sudden market fluctuations have a negative impact on your ability to pay the fees.