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When it comes to saving for your
child’s education, few can afford not
to start saving now.
A good education is an investment for the future. The return is
almost impossible to estimate. But
regular saving to provide for your children’s
education takes discipline and habit.
With Vista, you can choose how much, how
often and for how long you wish to save,
allowing you to build up a fund to pay your
children’s education costs.
The costs of private and university education are
continually increasing, and many families
and students fail to plan to make the most of
their potential or are
being left with a legacy of debt. With a Vista,
you can plan ahead to cover the
expenses of your children’s education. Planning
for your child’s or even grandchild’s
education now allows you to spread the cost over
time, giving your
savings a chance of significant growth through
investment into the funds of
your choice.
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To give your children the best start, start saving
with Vista. For example, at most
international schools in the UAE, you can
expect to pay around USD11,000 for
secondary level education per year for each of
your children.The average cost of a three-year degree course
in the UK is now more than GBP20,000. Since
the elimination of student grants, student debt
in the UK is now estimated to be a
staggering GBP5 billion.The total costs for a
three-year university course from 2006, when
variable tuition fees will
become payable in the UK, are estimated to be:.
Vista – Securing your childs /
grandchilds future
Flexibility
Vista is designed to meet your long-term goals,while accommodating life’s
unexpected turns. We know that at times there
may be more pressing
needs for your income, and so you can, at any
time (following 18 months’ premium), reduce your
payments (subject to the minimum
premiums) or even stop paying into your Vista
for up to three years. The savings you have
already made will remain working for your
future, until the time you can start saving
regularly again.
You can save with Vista on a monthly, quarterly,
half-yearly or yearly basis. And if you have some
additional income you would like to
invest into your policy you can also make ad hoc
savings.
Protection
Unlike most savings schemes, with Vista there
are additional insurance based benefits you can
choose. This means that, as well as providing
you with a sophisticated investment vehicle, your
Vista policy can offer you some valuable financial
protection.
The consequences of death, accident or serious
illness can have a profound impact not only on
your immediate circumstances but also on your
future plans. Vista’s range of benefits is designed
to help you and your dependants financially,and can help
maintain the original goals for your
savings.Click here for more details on the
additional benefits available on the policy.
Life with Vista
To illustrate the flexibility of Vista, let’s consider the following
example of 35-year old Mr Johnson and his 37-year old wife, who
are planning for their son and daughters’ secondary education.
They plan to send their children to private school when they are
13 years old, and also want to save
towards university fees. Their children are aged one and five when Mr and
Mrs Johnson start their Vista. |
