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Thursday, 19 May 2011

UBL BetterLife Child Education Plan

UBL BetterLife Child Education Plan provides a complete financial package for planning your children’s education,by helping you create an endowment fund for this purpose in an organized and disciplined manner, over a predetermined period. To put your son or daughter through college or university, this Plan is spot on!

Eligibilty Criteria

18 – 65 years
Minimum Payment Rs. 15,000 per annum
Partial Funds Withdrawals Allowed
Product Features Insurance Protection, Capital Protection
Built in Benefits Continuation Benefit, Waiver of Premium

Unit Allocation

The proportion of contribution for investment in units varies by policy year and is follows:

Policy Year Allocation Percentage
1 25% - 35%depending on policy term
2 80%
3 onwards 100%
11 onwards 105%*

* If basic plan contribution is Rs 20,000 or more.
A bid / offer spread of 5% applies to units.

For details check out this website or call our "UBL Contact Center" at 111-825-888

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