MoneySmart Kids
Start an education plan for your child
You want to give your child nothing but the best and that includes the best education. The cost of educating your child is increasingly high especially if your child needs to go overseas for his university education.
With MoneySmart Kids, your child is assured of a headstart in life!
MoneySmart Kids is a regular premium life insurance plan that helps you save, grow* and protect. It is a 2-in-1 plan that combines the stable returns of with-profit endowment plan and the growth potential of investment-linked funds*. This plan ensures that you put aside a regular amount for your child's future education in a disciplined and smart way.
- Disciplined
- MoneySmart Kids is a disciplined long-term plan that makes your money grow* and work harder and smarter
- Flexibility
- You can opt for unlimited free switches† between investment-linked funds as your financial needs change over time
- In the event of short-term financial difficulties, you may opt to defer your payment until your financial situation improves^
- Peace of Mind
- Enjoy insurance protection while making your money work harder
- MoneySmart Kids has an enhanced payer benefit feature that continues the plan by taking over all future premium payments
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* Bonuses and investment returns are not guaranteed as they are dependent on the performance of Aviva's life fund and ILP funds respectively.
† You should only switch funds if the replacement fund fit your financial needs and risk profile and is not detrimental to your interest.
^ Deferred Payment Option is only available for investment-linked plan, and can only be executed after 5 annual premiums have been paid. The details of this feature may be found in the Product Summary available at any DBS Branch.