Sun Dream Achiever is a life insurance and savings plan that is designed to address specifically your child’s education needs. It provides protection while you save for your child’s future education expenses and increasing guaranteed cash benefits to ensure your child can still continue his education no matter what happens.
Benefits of Sun Dream Achiever:
Life insurance coverage Enjoy maximum life coverage that protects the life of the insured Parent or Payor for the entire duration of the policy. With this, your children can pursue their education and fulfill the dreams you yearn for them no matter what happens. You may also add supplemental benefits or riders to provide additional protection for contingencies such as accidents and disability.
Guaranteed education benefits Secure your loved one’s future through guaranteed cash benefit which can be used to boost your fund for your child’s education. This provides four (4) annual cash payouts that increase by 15% every year regardless of school or course chosen. Total cash benefit is equal to 100% of the insurance coverage.
Flexible premium payment Make payment more convenient depending on your goals. You may choose to pay your premiums annually, semi-annually or quarterly for 5 years only. Monthly payment through Auto-Debit or Auto-Charge may also be arranged after payment of the initial quarterly premium.
Flexible cash payout options With our “Flexible Cash Payout” feature, you may choose when the cash payout will start – from 12 to 17 years after policy effective date. You may use the cash payouts as education stipends when your child enters college.
NOTE: Benefits indicated above are subject to the specific guidelines set by Sun Life and the actual provisions of the insurance policy contract.
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