Guide on PSBank Educational Insurance “AcademiX”
PSBANK EDUCATIONAL INSURANCE – Here is a guide on the features and benefits of Philippine Savings Bank (PSBank) offer AcademiX.
Nowadays, a lot of people do not only invest their money in businesses but as well as in insurance policies. These policies aim to help the holders prepare for the future most especially for the unforeseen circumstances.
There are several entities now that offer insurance policies aside from the insurance institutions. Among these are banks – the like Philippine Savings Bank or more commonly called as PSBank.
One of the insurance policies offered by Philippine Savings Bank is “AcademiX” – a PSBank educational insurance. It aims to help the insured make good investments to secure the education of his or her child.
“In case of your untimely death, guaranteed annual cash benefits are paid to your children until they graduate,” PSBank stated.
Features of PSBank Educational Insurance Offer “AcademiX”:
- regular pay investment-linked plan
- minimum premium payment of 5 years
- guaranteed death benefit of total amount in your policy or at least 5x the annual premium, whichever is higher
- In case of the insured’s untimely death, the child will receive an automatic pre-determined pay-out every year until he or she graduates from college.
According to PSBank, it is a customizable plan based on how much you want to set for your child’s education. As soon as the child reaches college and the money grew sufficiently, an annual pay-out may immediately start. If there is a remaining money in the policy after the 4-year pay-outs, it can be used as a graduation gift.
Are you interested about this insurance policy? You may visit the branch of PSBank nearest to you.
Thank you for visiting our website. We hope we have helped you with regards to this PSBank offer. You may keep coming back for more informative guides.
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