Every parent dreams of giving their child the best life possible—especially when it comes to quality education and a stable future. But with rising education costs and the unpredictability of life, simply saving in a regular bank account may not be enough. That’s where Child Future & Education Planning from Lerisque Africa comes in.
This unique insurance solution is designed to help parents systematically save for their child’s higher education while also offering crucial financial protection in the event of an untimely demise.
What is Child Future & Education Planning?
Child Future & Education Planning is a life insurance-based financial plan that combines long-term savings with insurance protection. Offered by trusted providers like Lerisque Africa, these plans are built to ensure that your child’s dreams are never disrupted—whether it’s getting into a top university, studying abroad, or pursuing a specialized professional course.
With these plans, even if something happens to the parent, the insurance company ensures that the education fund continues to grow, and payouts are made as planned.
Why Choose Lerisque Africa’s Child Education Plan?
At Lerisque Africa, we understand that no two families are alike. That’s why our Child Future & Education Planning policies are flexible, customizable, and focused on helping you build a secure financial roadmap for your child.
Here’s what makes our plans stand out:
✔️ Education-Focused Savings
With a clear structure that aligns with your child’s educational milestones, you can plan payouts to match key academic stages like college admission, tuition, or study abroad.
✔️ Life Insurance Protection
In case of an unfortunate event, the plan offers a life cover, ensuring your child’s financial security is not compromised. Our policies include waiver of future premiums, so the savings continue even if you are no longer around.
✔️ Guaranteed and Market-Linked Returns
Choose from traditional guaranteed return plans or unit-linked options depending on your risk appetite.
✔️ Tax Benefits
Premiums paid are eligible for deductions under Section 80C, and the maturity benefits are generally tax-exempt under Section 10(10D), helping you save even more.
Benefits of Early Planning
Starting early has several long-term advantages:
- ✅ Lower premiums
- ✅ Higher return on investments due to compounding
- ✅ More time to adjust the plan as per your child’s evolving educational goals
- ✅ Greater peace of mind
Even small, regular contributions can accumulate into a significant fund by the time your child reaches college.
How Does It Work?
Here’s a simple breakdown of how Lerisque Africa’s Child Education Insurance works:
- You choose the policy term (usually until your child turns 18 or 21).
- You pay premiums regularly during the policy tenure.
- In case of your untimely demise, Lerisque Africa pays a lump sum immediately and continues funding the policy.
- At maturity, your child receives the accumulated corpus for their higher education.
Who Should Consider This Plan?
- Young parents with toddlers or school-going children
- Families aiming for international education for their kids
- Guardians who want to ensure financial continuity despite life’s uncertainties
- Anyone looking for a disciplined, tax-efficient way to save for a child’s future
Final Thoughts
Education is the foundation of your child’s future. It opens doors, shapes careers, and builds confidence. With the right planning, you can make sure financial limitations never become an obstacle. Lerisque Africa’s Child Future & Education Planning solutions are designed to help you save efficiently while also protecting your child from unexpected life events.
Don’t leave your child’s future to chance. Secure it today with Lerisque Africa.