Ensure their dreams
FBN Education Endowment Plan
The FBN Education Endowment Plan is a targeted investment plan that assists you in planning for your children’s education in a disciplined manner. It operates as a goal-based investment plan which focuses on preparing for your children’s education needs in a pre-defined time period (five years).
The plan is managed by a group of financial experts such as Asset Managers who monitor the asset’s growth rate, Insurance Brokers to ensure your assets are secure and Trust Advisors to see to the longevity of the asset.
In the event where the investor is incapable of covering the child’s education needs due to unforeseen circumstances, the plan will still cater for your child’s education as the plan sits outside your estate.
Why the FBN Education Endowment Plan?
With a combination of asset management expertise, risk protection and trusteeship, the FBN Education Endowment Plan pools your funds in a secure manner to guarantee that your child’s education is funded with ease.
Minimum lock-up period: 6 Months
Investment horizon: Five years
Annual management fee: 1.80%
Risk Profile: Low to Medium
Investment instruments: Fixed income instruments (Money Market and Bonds)
Base Currency: Naira
The FBN Education Endowment Plan provides an investment platform to invest for your child’s education while enabling you to meet up with basic needs in the present and future. With the flexible contribution options, you can pay school fees without being burdened.
*Minimum monthly premium: An amount paid periodically to the insurer by the insured for risk coverage.
*Minimum lock-up period: A window of time whereby investors are not allowed to redeem funds from their investment.
*Sum Assured: A pre-decided amount that the insurance company pays to the policyholder or their beneficiaries when the insured event takes place.
Take steps that go
At FBNQuest, we believe success is progressive. By cultivating a strong investment lifestyle, you are going beyond today for a brighter future.