Prudential life insurance What is it? The Pru Smart Child Education Plan is a savings plan from Prudential that helps parents save money over time for their children's future school and university fees. Education costs are rising, so this plan lets you start small monthly payments and build a big amount later. It also protects the savings if bad things happen (like death, disability, or critical illness). Main Benefits You Get Maturity Benefit At the end of the plan (maturity), your child gets a big lump sum (the Sum Assured you chose) to pay for education. Maturity Bonus Extra money on top: 1% of the Sum Assured for each year the plan runs (e.g., 7% bonus for a 7-year plan). This only applies if you keep paying until the end. Funeral Benefit If you die, 10% of the Sum Assured is paid immediately for funeral costs. Surrender Value If you stop after paying at least 12 months, you get some money back (a percentage of the Sum Assured). If you stop before 12 months, you get nothing. Waiver of Premium If you die, become permanently disabled, or get a listed critical illness, all future payments stop (waived). The plan continues, and your child still gets the full maturity benefit at the end. Located at central park opposite post office along Cairo road For more details contact me 0970357780