<![CDATA[Kids insurance -education plans]]>Any good recommendation for kids insurance - education plans??

]]>https://forum.kiasuparents.com/topic/14747/kids-insurance-education-plansRSS for NodeMon, 20 Apr 2026 15:48:35 GMTThu, 14 Oct 2010 07:24:08 GMT60<![CDATA[Reply to Kids insurance -education plans on Wed, 02 Sep 2020 10:09:02 GMT]]>Here’s Why You Should Consider Paying For Your Child’s MediShield Life Premiums From Your MediSave Account

https://dollarsandsense.sg/heres-consider-paying-childs-medishield-life-premiums-medisave-account/

]]>https://forum.kiasuparents.com/post/1993556https://forum.kiasuparents.com/post/1993556Wed, 02 Sep 2020 10:09:02 GMT<![CDATA[Reply to Kids insurance -education plans on Mon, 10 Aug 2020 12:23:47 GMT]]>Is Moneyowl site reliable?

]]>https://forum.kiasuparents.com/post/1990255https://forum.kiasuparents.com/post/1990255Mon, 10 Aug 2020 12:23:47 GMT<![CDATA[Reply to Kids insurance -education plans on Wed, 16 Nov 2011 04:26:55 GMT]]>H & S plan is a must insurance for all. We will not know what will happen in the future and hospital bills are getting more and more exp…


My family of four are covered under NTUC Incomeshield Advantage plan which also include the rider. And we are also covered under the LUV plan (deluxe for me and hubby and basic for my kids).

]]>https://forum.kiasuparents.com/post/636784https://forum.kiasuparents.com/post/636784Wed, 16 Nov 2011 04:26:55 GMT<![CDATA[Reply to Kids insurance -education plans on Mon, 31 Oct 2011 19:41:27 GMT]]>I think that it’s important to buy H&S plans for your child. That’s the most important one. For life policy, I feel that the parents should insure themselves so that in case anything happen to them, their child will have some financial support. Especially so for the breadwinners.


If u have extra money and u don’t invest them, then it’s better to get an endowment plan for your child. Although the interest is low, at least it is higher than when u just place it in the bank.

]]>https://forum.kiasuparents.com/post/623572https://forum.kiasuparents.com/post/623572Mon, 31 Oct 2011 19:41:27 GMT<![CDATA[Reply to Kids insurance -education plans on Fri, 14 Oct 2011 14:17:42 GMT]]>

kiasubox:
Would like to get some info here.

How much premium (monthly, yearly, quarterly?) do you pay for your child's education insurance?
From which insurance agency?
What is the coverage?
How long is the tenure?

I'm looking into buying the insurance for my kids, hope to hear some advice from forumers here.
Hi kiasubox, amt of premium depends on how much is the sum assured of the education plan, and how many years premium you choose to pay.

NTUC has pay my uni, tokio marine has TM education.
The policy will be in force until your child reaches university age (20+). If anything happens to payee (parent who is paying) like death, premiums will be waived.

]]>https://forum.kiasuparents.com/post/610785https://forum.kiasuparents.com/post/610785Fri, 14 Oct 2011 14:17:42 GMT<![CDATA[Reply to Kids insurance -education plans on Thu, 13 Oct 2011 06:09:12 GMT]]>

kiasubox:
Would like to get some info here.

How much premium (monthly, yearly, quarterly?) do you pay for your child's education insurance?
From which insurance agency?
What is the coverage?
How long is the tenure?

I'm looking into buying the insurance for my kids, hope to hear some advice from forumers here.
paying yearly is better as it'll be cheaper.. im paying 4k plus for each kid each year, it's term policy, i choose for 15 years payment.. boys will be longer as they need to fo NS.

i bought from ntuc income. it's pay your uni & resosave . this is just for their education. but it'll help us when they need for education, if DH and myself are still able to pay when times come, they can take the money out for their savings..

]]>https://forum.kiasuparents.com/post/609736https://forum.kiasuparents.com/post/609736Thu, 13 Oct 2011 06:09:12 GMT<![CDATA[Reply to Kids insurance -education plans on Thu, 13 Oct 2011 05:04:37 GMT]]>Mod's Note


hi kiasubox

I have merged your thread here. You may be able to find the information you seek in this thread.

🙂

]]>https://forum.kiasuparents.com/post/609678https://forum.kiasuparents.com/post/609678Thu, 13 Oct 2011 05:04:37 GMT<![CDATA[Reply to Kids insurance -education plans on Thu, 13 Oct 2011 03:51:51 GMT]]>Would like to get some info here.

How much premium (monthly, yearly, quarterly?) do you pay for your child’s education insurance?
From which insurance agency?
What is the coverage?
How long is the tenure?

I’m looking into buying the insurance for my kids, hope to hear some advice from forumers here.

]]>https://forum.kiasuparents.com/post/609615https://forum.kiasuparents.com/post/609615Thu, 13 Oct 2011 03:51:51 GMT<![CDATA[Reply to Kids insurance -education plans on Wed, 20 Jul 2011 06:27:53 GMT]]>

micollh:
dunno abt NTUC LUV.. let me check out. hee

can check over http://www.income.com.sg/insurance/luv/index.asp

]]>https://forum.kiasuparents.com/post/498412https://forum.kiasuparents.com/post/498412Wed, 20 Jul 2011 06:27:53 GMT<![CDATA[Reply to Kids insurance -education plans on Mon, 18 Jul 2011 03:26:04 GMT]]>dunno abt NTUC LUV… let me check out. hee

]]>https://forum.kiasuparents.com/post/493609https://forum.kiasuparents.com/post/493609Mon, 18 Jul 2011 03:26:04 GMT<![CDATA[Reply to Kids insurance -education plans on Mon, 18 Jul 2011 03:25:07 GMT]]>

micollh:

yes ntuc income has this type. last time call limited living , now is revosave. agree, it's like saving for our kids.
I guess just a name ..end of day is all insurer \"playing wif figures\"
actually NTUC LUV insurance is bang for bucks but max can buy 200k only ...but this is group insurance + u need to be a ntuc member

]]>https://forum.kiasuparents.com/post/493604https://forum.kiasuparents.com/post/493604Mon, 18 Jul 2011 03:25:07 GMT<![CDATA[Reply to Kids insurance -education plans on Fri, 15 Jul 2011 05:08:47 GMT]]>

eurostar:
private hospitalisation plan is a MUST

next is term insurance
limited premium also can sondier if u have spare cash...treat it as a gift to ur kids...i bought 1 for my boy ,think pay 15 yr cover for rest of his life
endownment ...have reservation...really pathetic as compare to 20 yrs back....agent always show us the projected column.......but of cos can treat it as \"force-saving\"
yes ntuc income has this type. last time call limited living , now is revosave. agree, it's like saving for our kids.

]]>https://forum.kiasuparents.com/post/490347https://forum.kiasuparents.com/post/490347Fri, 15 Jul 2011 05:08:47 GMT<![CDATA[Reply to Kids insurance -education plans on Fri, 15 Jul 2011 05:00:22 GMT]]>private hospitalisation plan is a MUST

next is term insurance
limited premium also can sondier if u have spare cash…treat it as a gift to ur kids…i bought 1 for my boy ,think pay 15 yr cover for rest of his life
endownment …have reservation…really pathetic as compare to 20 yrs back…agent always show us the projected column…but of cos can treat it as "force-saving"

]]>https://forum.kiasuparents.com/post/490338https://forum.kiasuparents.com/post/490338Fri, 15 Jul 2011 05:00:22 GMT<![CDATA[Reply to Kids insurance -education plans on Thu, 07 Jul 2011 04:10:12 GMT]]>

matrix0405:
micollh:

i bought Pay my Uni for my two kids too when they were born(kiasu mah).. the sum is guaranteed. but 30k is not enough, after factor in the inflation. even for local U u need more. the premium is just as assistance for their tertiary education, if they decide to go overseas. the 30k may just cover 1 year fees.


30K shd be enough. Ask your kids to take interest-free study loans which allow them to pay-off when they started working. Insurance company are profit making companies, they like to ask you to buy more and more of their products. The more you buy the more they earn from you.

i paid my study loan myself (my aunt paid upfront, so interest free), after i started working, i paid her monthly, which reduce my savings. my hubby tertiary fees are paid by his parents, so he no need to pay back. and he save more. thus, we decided to help our kids to pay their education fees until tertiary, we do not want them to go thru wat i went thru. insurance company, depends on what policy u buy, such endowment and savinsg plan benefits parents.. and it discipline us to save. my opinion.

there are many ways to save and for our kids to pay their study loan, to each its own. so long parents find a comfortable means to assist them.

]]>https://forum.kiasuparents.com/post/474898https://forum.kiasuparents.com/post/474898Thu, 07 Jul 2011 04:10:12 GMT<![CDATA[Reply to Kids insurance -education plans on Fri, 01 Jul 2011 11:25:24 GMT]]>

micollh:
i bought Pay my Uni for my two kids too when they were born(kiasu mah).. the sum is guaranteed. but 30k is not enough, after factor in the inflation. even for local U u need more. the premium is just as assistance for their tertiary education, if they decide to go overseas. the 30k may just cover 1 year fees.

30K shd be enough. Ask your kids to take interest-free study loans which allow them to pay-off when they started working. Insurance company are profit making companies, they like to ask you to buy more and more of their products. The more you buy the more they earn from you.

]]>https://forum.kiasuparents.com/post/466560https://forum.kiasuparents.com/post/466560Fri, 01 Jul 2011 11:25:24 GMT<![CDATA[Reply to Kids insurance -education plans on Wed, 27 Apr 2011 03:05:25 GMT]]>i bought Pay my Uni for my two kids too when they were born(kiasu mah)… the sum is guaranteed. but 30k is not enough, after factor in the inflation. even for local U u need more. the premium is just as assistance for their tertiary education, if they decide to go overseas. the 30k may just cover 1 year fees.

]]>https://forum.kiasuparents.com/post/408211https://forum.kiasuparents.com/post/408211Wed, 27 Apr 2011 03:05:25 GMT<![CDATA[Reply to Kids insurance -education plans on Tue, 01 Feb 2011 13:35:03 GMT]]>

starlight1968sg:
Angelight:

I think $30K is not sufficient to fund 4 yrs of university if you factor in inflation. Right now, NUS is charging $7K in annual tuition fees for most courses. 4 yrs = $28K.

However in 11 yrs time, annual tuition fees won't be $7K, it will likely be $10K-11K.

I would think 10k per year for a local U is more realistic for our kids.
One has to take into a/c of transport, living expenses, inflation etc.

I got Manulife scholar for my girl.It woudn't cover the fees for all the years at a local university but at atleast some part of it.

]]>https://forum.kiasuparents.com/post/351184https://forum.kiasuparents.com/post/351184Tue, 01 Feb 2011 13:35:03 GMT<![CDATA[Reply to Kids insurance -education plans on Tue, 01 Feb 2011 12:02:53 GMT]]>

Angelight:
I think $30K is not sufficient to fund 4 yrs of university if you factor in inflation. Right now, NUS is charging $7K in annual tuition fees for most courses. 4 yrs = $28K.

However in 11 yrs time, annual tuition fees won't be $7K, it will likely be $10K-11K.
I would think 10k per year for a local U is more realistic for our kids.
One has to take into a/c of transport, living expenses, inflation etc.

]]>https://forum.kiasuparents.com/post/351105https://forum.kiasuparents.com/post/351105Tue, 01 Feb 2011 12:02:53 GMT<![CDATA[Reply to Kids insurance -education plans on Tue, 01 Feb 2011 11:05:47 GMT]]>

daddy2007:
kaitlynangelica:


my child (gal ) is 8 this year. When she was about 6, I bought this plan from NTUC called \"Pay My Uni\". I think monthly premiums is about $157 a month. By the time she is 19, should get about $30K.

The $30k is the guaranteed sum or inclusive of non-guaranteed sum?

I think $30K is not sufficient to fund 4 yrs of university if you factor in inflation. Right now, NUS is charging $7K in annual tuition fees for most courses. 4 yrs = $28K.
However in 11 yrs time, annual tuition fees won't be $7K, it will likely be $10K-11K.

]]>https://forum.kiasuparents.com/post/351072https://forum.kiasuparents.com/post/351072Tue, 01 Feb 2011 11:05:47 GMT<![CDATA[Reply to Kids insurance -education plans on Mon, 24 Jan 2011 16:16:32 GMT]]>

Alexis27:
daddy2007:

[quote=\"kaitlynangelica\"]
my child (gal ) is 8 this year. When she was about 6, I bought this plan from NTUC called \"Pay My Uni\". I think monthly premiums is about $157 a month. By the time she is 19, should get about $30K.

The $30k is the guaranteed sum or inclusive of non-guaranteed sum?

Shud be inclusive of non-guranteed also.[/quote]Then not worth it. The risk is there considering this is an endownment plan

]]>https://forum.kiasuparents.com/post/344207https://forum.kiasuparents.com/post/344207Mon, 24 Jan 2011 16:16:32 GMT<![CDATA[Reply to Kids insurance -education plans on Mon, 24 Jan 2011 04:25:31 GMT]]>

daddy2007:
kaitlynangelica:


my child (gal ) is 8 this year. When she was about 6, I bought this plan from NTUC called \"Pay My Uni\". I think monthly premiums is about $157 a month. By the time she is 19, should get about $30K.

The $30k is the guaranteed sum or inclusive of non-guaranteed sum?

Shud be inclusive of non-guranteed also.

Try to explore into Single Premium endowment, the returns is approx 100% over 20 years. I will be consider this for my ger~! :lol:

]]>https://forum.kiasuparents.com/post/343465https://forum.kiasuparents.com/post/343465Mon, 24 Jan 2011 04:25:31 GMT<![CDATA[Reply to Kids insurance -education plans on Tue, 11 Jan 2011 15:34:20 GMT]]>

kaitlynangelica:

my child (gal ) is 8 this year. When she was about 6, I bought this plan from NTUC called \"Pay My Uni\". I think monthly premiums is about $157 a month. By the time she is 19, should get about $30K.
The $30k is the guaranteed sum or inclusive of non-guaranteed sum?

]]>https://forum.kiasuparents.com/post/331094https://forum.kiasuparents.com/post/331094Tue, 11 Jan 2011 15:34:20 GMT<![CDATA[Reply to Kids insurance -education plans on Tue, 11 Jan 2011 14:29:10 GMT]]>

daddy2007:
Charmaine_chong:

Hi,


You may consider Tokio Marine or NTUC.

I heard from my independent agent that NTUC offers the highest guarantee sum . Tokio used to be the best but had stopped.

ya... TM Asia Life (now known as Tokio Marine) used to have this TM Legacy plan that offers the highest guarantee sum. But unfortunately this product has cased. Think it is tough to consistently meet that guaranteed sum

Hi,

my child (gal ) is 8 this year. When she was about 6, I bought this plan from NTUC called \"Pay My Uni\". I think monthly premiums is about $157 a month. By the time she is 19, should get about $30K.

]]>https://forum.kiasuparents.com/post/331051https://forum.kiasuparents.com/post/331051Tue, 11 Jan 2011 14:29:10 GMT<![CDATA[Reply to Kids insurance -education plans on Mon, 13 Dec 2010 15:01:08 GMT]]>

Charmaine_chong:
Hi,


You may consider Tokio Marine or NTUC.

I heard from my independent agent that NTUC offers the highest guarantee sum . Tokio used to be the best but had stopped.
ya... TM Asia Life (now known as Tokio Marine) used to have this TM Legacy plan that offers the highest guarantee sum. But unfortunately this product has cased. Think it is tough to consistently meet that guaranteed sum

]]>https://forum.kiasuparents.com/post/312955https://forum.kiasuparents.com/post/312955Mon, 13 Dec 2010 15:01:08 GMT