A loving hug from my baby…
Sitting on the couch with your baby in your arms, two cute little eyes lovingly staring up at you, tiny fingers reaching up to grab your fingers. You give your baby a big smile. If only these moments could last forever. You look up and see your 8-year-old daughter who is making her own lunch in the kitchen. Time really does fly. It seems like only yesterday she was just like that little baby you are holding in your arms right now…
Kids grow up before you know it. And then they suddenly leave the nest… ready to start college, which usually means they are moving abroad. Are you financially prepared for that? A good education is already so expensive, how much more expensive will it be when your kids are ready to go to college? And we are not just talking about tuition. They will have to pay rent, buy their school books, get insurance, pay for transportation, buy groceries, etcetera, etcetera… How can parents afford this?
Start saving now for my child’s education?
As a parent, the sooner you start saving for your child’s education, the better. This may be the most important financial investment you can make for your child, but what is the best way to do this?
Luckily, you can get an Education Plan from ENNIA. With an Education Plan, you can guarantee that your child will have the financial means to afford their college education. The sooner you start saving, the better. That way, an affordable monthly premium will allow you to create a large payout amount for your child’s education by the time they are ready to go to college.
What exactly is an ENNIA Education Plan?
An Education Plan is a combination of saving and insuring: You decide how much money you want to have saved up by the time your child goes to college, and start saving now by paying a monthly premium to ENNIA. Should anything happen to you as a parent during the term of the Education Plan, you are covered by ENNIA’s insurance, and your child will still receive the full amount when the Education Plan matures. For example, if you become disabled, or if you pass away, you can rest assured that your child will still be able to afford college when the time comes.
In addition, an Education Plan offers lots of flexibility. You can choose to pay out the full amount all at once, or gradually over the course of 3,4, or 5 years. If it turns out your child is going to finish high school later than anticipated, or if they would like to take a year off between high school and college, that’s perfectly fine as well. You can keep renewing the insurance policy until your child turns 21. In that case, your child will receive a higher payout amount when the policy matures.
An Education Plan from ENNIA is a great and easy way to guarantee there will be enough money for your child’s college education, and of course, this is a very reassuring feeling for you as a parent.
How can I find out more about an ENNIA Education Plan?
Make an appointment with one of our expert advisors. Together we will figure out the best solution for your specific situation, so you can rest assured your child will have enough money for college.