You might have already thought about this:

"Malayo pa naman ang college."

"May time pa naman tayo mag-ipon."

And technically, you do.

But then you start doing the math.

But here's the uncomfortable truth:

"Magkano na kaya ang tuition by that time?"

"Magkano ba dapat ang iniipon ko kada buwan?"

"Paano kung tuloy-tuloy lang ang pagtaas ng tuition?"

"Paano kung hindi lumago yung naipon ko gaya ng inaasahan ko?"

And maybe the biggest question:

"Paano kung may mangyari sa’kin bago ko pa matapos ipunin ang pang-college ng anak ko?"

That's why I wanted to share an education planning option that I've been offering to parents with young children.

Imagine having a plan where you can receive:

10% of your Sum Assured every year for 10 years

The guaranteed annual payouts begin at the end of the 11th policy year and continue through the 20th policy year.

So you could use those yearly payouts to help fund your child's education as they reach their college years.

Then, after those 10 annual payouts, there's another:

100% of the Sum Assured as a guaranteed lump-sum payout.

You could use this for something bigger—perhaps a graduation gift, starting capital for your child, or another financial milestone.

And one thing I think parents will appreciate:

The guaranteed payouts aren't dependent on market performance.

So you're not left wondering:

"Paano kung bagsak ang market pag college na ng anak ko?"

The education fund you're planning for has guaranteed benefits, subject to the policy's terms and conditions.

But there's another part of the plan that I think is just as important.

Imagine you're several years into the plan...

And something happens to you.

What happens to your child's education fund?

With this plan, if you pass away before the end of the 20th policy year, your family can receive a death benefit of 200% of the Sum Assured, subject to the policy's terms and conditions.

Think of it as an instant pamana for your child's education.

And something happens to you.

Even if you're no longer around to continue funding the plan, there's a benefit intended to help keep your child's education financially secured.

And there's also a premium waiver feature.

If you're diagnosed with a covered critical illness or disability, FWD can waive the remaining future premiums, subject to the policy's terms and conditions.

So if you're no longer able to work and continue saving...

The education plan doesn't necessarily have to stop.

That's important because when you're saving for something 10 or 15 years from now, you're making a big assumption:

"Kikita pa rin ako at makakapag-ipon hanggang dulo."

Hopefully, that's exactly what happens.

But life doesn't always cooperate with our plans.

Your child is alive and you're able to pay →

You build toward the education fund.

The policy reaches the payout years →

You receive 10% of the Sum Assured annually for 10 years.

The policy reaches maturity →

You receive another 100% of the Sum Assured.

Something happens to you →

Your family can receive the applicable 200% death benefit.

A covered critical illness or disability affects your ability to pay →

Future premiums may be waived, subject to the policy terms.

The plan is available with either a 5-year or 10-year payment term.