College funding
Student Insurance
Profile of the student insurance
- Ensures a four-year scholarship payment for the child’s secondary school study or a five-year scholarship payment for his/her university study. The scholarship payment commences as at the day determined as the insurance end, generally at the age of 15 or 19 (the study commencement is not a condition of the payment).
- If the insured party (parent) does not survive until the time specified for the start of the scholarship payment, ING Nationale-Nederlanden will take over all liabilities arising from the insurance and also immediately start the payment of a monthly pension up to the child's fifteenth or nineteenth year of age. It will then start paying the scholarship over a period of 4 or 5 years.
- The anti-inflation programme offers an increase in the sum assured as well as the premiums to keep pace with the rate of inflation (even in the case of the insured).
Junior Plus Unit Linked
This offers you the possibility of saving while taking out insurance protection for your child. The sum that your children will receive from you when they come of age will be an important source of finance to help them make a successful start in life.
Profile of the Junior Plus Unit Linked insurance
- You can take out insurance for children between the ages of 3 months and 20 years.
- The premiums paid are divided into a sum allocated to accidental insurance and a sum allocated to savings. Moreover, the insurance protection element can also be extended by taking out insurance for a daily hospitalisation allowance for the child.
- The portion of the premium payments allocated to accidental insurance is fixed.
- The sum assured for the child in the event of accident is fixed by a certain percentage to the capital sum assured of 300,000 CZK, depending on the nature of the accident.
- You yourself can influence the level of the amount allocated to savings through your choice of the level of premium.
- You can increase the savings element of the insurance policy at any time during its lifetime by depositing additional money in the form of extraordinary premiums.
- The insurance automatically comprises a guaranteed capital sum assured of 10,000 CZK in the case of the death of the insured.
- The insurance always terminates on the child reaching the age of 25 when the full amount saved is paid out.
Junior Top Unit Linked
This offers you the possibility of saving while taking out insurance protection for your child. The sum that your children will receive from you when they come of age will be an important source of finance to help them make a successful start in life.
Profile of the Junior Top Unit Linked insurance
- You can take out insurance for children between the ages of 3 months and 20 years.
- The sum assured for the child in the event of accident is fixed by a certain percentage to the capital sum assured of 300,000 CZK, depending on the nature of the accident.
- The insurance automatically comprises a 10,000 CZK plus capitalized value in the case of the death of the insured.
- The insurance always terminates on the child reaching the age of 25 when the full amount saved is paid out.
- You can decide yourself on the investment strategy for your money and change your decision in course of the insurance duration.
- You can increase the savings element of the insurance policy at any time during its lifetime by depositing additional money in the form of extraordinary premiums.
