A platform to plan your child’s future and make it happen

Nickname Age Gender

From cuddling with daddy and mommy, to going to playgroups and kindergarten admission workshops, the world has a lot to offer for children to explore. [Name of child]’s future is in your hands today. The first step is to find an ideal primary school for [him/her].

Do you know how inflation will affect your planning for [Name of child]'s further studies. Inflation will lead to increases in tuition fee and living costs that might outpace your savings. Furthermore, if you are planning to send [Name of child] for oversea study, the impact of inflation on exchange rate may also weaken your buying power of foreign currency for your child’s overseas education. To stop your saving being eroded, you need a long-term saving plan.

Besides, population aged below 15 is expected to grow in the next decade from 2014 onwards. Competition for university places will be tough.

You may wonder if it's too early to start an education funding plan for [Name of child] at [his/her] age now. But in talking about saving, it's always never too early. The earlier you start, the smaller the amount for monthly contribution will be and the more you may accumulate. You may adjust the contribution amount when the time is right if there are changes in region and school selection for [Name of child]’s future tertiary education.

You will find [Name of child]’s personality, hobby, and ability are more visible after [he/she] starts going to primary school and interests classes. Faced with the fierce competition in getting into the secondary school, you need to help [Name of child] to lay the foundation for [his/her] studies. With your guidance and encouragement, [Name of child]’s will have a bright future.

Do you know how inflation will affect your planning for [Name of child]'s further studies. Inflation will lead to increases in tuition fee and living costs that might outpace your savings. Furthermore, if you are planning to send [Name of child] for oversea study, the impact of inflation on exchange rate may also weaken your buying power of foreign currency for your child’s overseas education. To stop your saving being eroded, you need a long-term saving plan.

Besides, population aged below 15 is expected to grow in the next decade from 2014 onwards. Competition for university places will be tough.

It’s NOW the perfect time to start the education funding plan for [Name of child]. The earlier you start, the smaller the amount for monthly contribution can be and the more you may accumulate.

[Name of child] will gradually have a deeper understanding of [his/her] own strengths and interests during the high school years. Extra curriculum activities and learning opportunities such as study tours and tutorial classes will also help [him/her] define [his/her] goals. [he/she] will have more definite ideas what to choose for university study and future profession. Among the various academic disciplines and choices of universities, [Name of child] needs you to walk with [him/her] to think and make decisions.

Do you know how inflation will affect your planning for [Name of child]'s further studies. Inflation will lead to increases in tuition fee and living costs that might outpace your savings. Furthermore, if you are planning to send [Name of child] for oversea study, the impact of inflation on exchange rate may also weaken your buying power of foreign currency for your child’s overseas education. To stop your saving being eroded, you need a long-term saving plan.

Besides, population aged below 15 is expected to grow in the next decade from 2014 onwards. Competition for university places will be tough.

Based on the institutes or universities you considered, you should now estimate the amount required for [Name of child]‘s tertiary education. Then, revisit the balance in your current education funding plan. This is even more essential if you would like to send him overseas or top renowned universities. Given the factors of persistent inflation and emerging competition from the ever-growing younger generation segment, you may have to consider topping up your existing funding plan or purchase an additional one to ensure reaching sufficient savings for [him/her]. This will help you in building a safety net and secure more optimal options for [Name of child].

 

 

 

 

Congratulations! He/She progressed and may have entered a university with the great path you paved for . must be excited and looking forward to exploring university life.

This may be the moment for to be independent, you may remind to set goals and plan for them. You can share your experience in how you do financial planning with and get first insurance plan.

 

 

 

 

 

You may have attained the amount required for He/She‘s university study. To enhance your financial flexibility, you may consider equipping yourself with a spare savings plan that gives you steady flow of cash payments to settle your child’s regular expenses, such as accommodation, school activities, and so on.

You may shop around and suggest basic insurance plans for and assist to learn more about financial planning.

 

 

 

 

 

He/She

Tips on higher education

his/her's

Current monthly savings Current savings balance

*Source: Education Bureau - Non-local Further Studies(http://www.edb.gov.hk). Assume [AU/CA/GP/US]$1 equals to HK$[see 3.2]. As at: 1 January 2015.

He/She

HK$ 0*

Current saving balance You still need
HK$ 0 HK$ 0
Monthly savings required HK$0

*Assume child enters university at age 18, length of university study equals 3/4 years, annual inflation rate equals 5% and annual rate of return equals 4%.


Elite professional financial consultants chosen by Prudential are happy to plan for your children's education fund with you!


 

 

 

 

Offer your children more options by achieving your target amount

After knowing your children’s education number, parental aspirations are to achieve the target amounts so as to offer more education resources and suitable environment to them. Early planning is the key.

A comprehensive solution should fulfil both savings and protection needs. On top of the basic education funding plans, parents need to consider accident and health protection for your children as well. With such solution, your children can enjoy well-rounded care and financial support at critical moments, without hindering their personal development.

We provide various packaged plans for your reference, which assist you to pave the way for your children

Suitable type of education funding plan

  • PRUlife juvenile saver

Accident and health protection

  • Critical illness and life protection
  • Medical protection
  • Accident protection
  • Payor benefits

Benefits highlights

  • Achieve set and additional savings targets efficiently and offer adequate funds for education expenses
  • Relieve financial burden brought by critical illnesses of your children
  • Reimburse you for medically necessary expenses if an accident happens to your children
  • Outstanding premium will be waived and protection to your children will be sustained even if specified misfortune happens to you

The above information is for reference only. The abovementioned plans are subject to relevant policy terms and conditions.

Suitable type of education funding plan

  • Yearly Income Plan

Accident and health protection

  • Critical illness and life protection
  • Medical protection
  • Accident protection
  • Payor benefits

Benefits highlights

  • Achieve set and additional savings targets efficiently and offer adequate funds for education expenses
  • Relieve financial burden brought by critical illnesses of your children
  • Reimburse you for medically necessary expenses if an accident happens to your children
  • Outstanding premium will be waived and protection to your children will be sustained even if specified misfortune happens to you

The above information is for reference only. The abovementioned plans are subject to relevant policy terms and conditions.

Suitable type of education funding plan

  • Better HeadStart III

Accident and health protection

  • Critical illness and life protection
  • Medical protection
  • Accident protection
  • Payor benefits

Benefits highlights

  • Achieve set and additional savings targets efficiently and offer adequate funds for education expenses
  • Relieve financial burden brought by critical illnesses of your children
  • Reimburse you for medically necessary expenses if an accident happens to your children
  • Outstanding premium will be waived and protection to your children will be sustained even if specified misfortune happens to you

The above information is for reference only. The abovementioned plans are subject to relevant policy terms and conditions.