At EFU Hemayah Takaful, we believe every child deserves a bright future. Our Shariah Compliant Plan is designed to help you achieve your child's financial goals and create a brighter future for them. Start saving early for your child's education, wedding, dream business, or any other life goals. Choose our Child Savings Plan with flexible contribution options and competitive returns.
The Child Savings Plan involves paying regular contributions as selected at the inception of the plan which are invested to accumulate funds over time. These funds can be used for your child's education, career aspirations, or other life goals. Additionally, this plan offers Takaful coverage to ensure your child's financial well-being in the unfortunate event of your demise.
Child Savings Plan offers a comprehensive solution by combining savings for your child's future with Takaful coverage. It provides a disciplined approach to building a fund that supports your child's aspirations. In case of death of the participant, the coverage element ensures that your child's dreams remain intact.
The continuation benefit in Child Savings Plan ensures that the plan remains active even if the participant (parent or guardian) passes away. The contributions are waived, and the plan continues to grow, providing the intended benefits to secure your child's future.
Absolutely! Our Child Savings Plan is designed to be flexible. You can customize your plan based on your child's goals, your investment preferences, and coverage needs. Whether it's funding education, ensuring their financial security, or providing a head start in life, this plan can be tailored accordingly.
The savings element of this plan involves paying regular contributions that accumulate over time, creating a fund that can be accessed when your child reaches specific milestones. This fund can be utilized for their education, career, or any other aspirations.