FLEXI-Education Savings Plan

The FLEXI-Education Savings Plan provides you with five key advantages, ensuring you achieve the savings goals necessary to fund your child's education.

Extra bonuses + Compound rates = Higher returns

Interest is credited monthly at a compound rate. In addition, you will be offered "Extra Interest Bonuses" to ensure the education fund accumulates much faster.

4% Guaranteed Interest Rate

The policy value is guaranteed to have accumulated to at least an amount as if the interest rate credited had been 4% p.a1.

Flexible premium payments to suit your needs

You have total control to determine and to change the premium amount, payment mode, or even the payment period at any time to meet the financial needs at different stages. You may deposit extra premiums to achieve the savings goals necessary to fund your child's education and you may also reduce the premium amount, or even skip payments, provided that the policy has accumulated cash value.

Flexible cash withdrawal to cope with your child's needs

To meet the financial needs of your child's education at different stages, you can withdraw cash from the cash value of the policy at any time, provided that the policy has accumulated sufficient cash value.

Total peace of mind with payor's benefit

You can rest assured that the education fund will accumulate according to schedule by simply attaching a supplementary "Payor's Benefit" to the plan. In the event of policyowner's death or total disability for over 6 consecutive months before age 65, we will pay the premiums for you until the insured child reaches age 252.


For inquiries, please call our Bank By Phone at 2903 8388 or visit any of our Branches.

Remarks:

  1. The "guaranteed interest rate" is only applicable to a policy that has been in force for 15 years or more.
  2. The "Payor's Benefit" is valid until the insured child has reached age 25 or the policyowner has reached age 65, whichever is sooner.
The above contains general information only. For full details, please refer to policy document. China Construction Bank (Asia) is an appointed insurance agent of MassMutual Asia Ltd. (ˇ§MassMutual Asiaˇ¨). This plan is underwritten by MassMutual Asia, an authorized insurer approved by the Office of the Commissioner of Insurance of Hong Kong."