Mrs. Uloma Chinedu is a 39 years old mother of 5 children who wants best education for her children; she works with a bank and married to a stock broker. They both have huge families to look after and staying in the husband’s family house in Asaba has not been an easy task because of the husband’s huge responsibilities.
In view of the economic recession and not being able to generate enough monetary benefit to fulfill every desire of their humongous family, Uloma always had this concern of whether they will be able to give best education to their children and make them succeed in life.
Lack of planning for the rainy days
Amid all this sad feelings Uloma has been having, the bank she works with made a huge loss and was left with option but to downsize. Fortunately, Uloma was not affected but most of her friends were laid off with nothing to fall back on. The thought of losing her job has been troubling her a lot, since the downsizing occurred in her workplace, but no one could understand her concern and suggest a proper outcome.
Benefit of Children Education Fund
Uloma’s concern was hidden from everyone but one day she was discussing the state of the economy with her friend, Mrs. Mary Ebuna. She lamented to Mary that if she or her husband were to lose their jobs it was evident that their children’s education will be compromised, in order to meet the daily requirements of the family. She further asked Mary, how she and her husband have been coping with sending their son to a private University in view of this terrible economic situation.
A friend who gives advice is a friend that cares
Mary laughed…and stated that with adequate financial planning, one’s children’s education will never be compromised, that she and her husband have been contributing towards each of their children’s education with Cornerstone Insurance Plc.
She further stated that being a parent is a matter of great joy and pleasure, but one should also realize that it also brings along a lot of responsibilities which can never be overlooked, and the truth is that successful parenting is a major challenge. Meeting the present requirements of your family can be a challenge if proper financial planning is not put in place. It becomes the prime responsibility of every parent to secure the future of their children and take care of all their future requirements.
With adequate financial planning, the future is assured
Mary stated that planning for the child’s future should be the top priority of every parent, as she explained to Uloma the numerous benefits that Cornerstone Children Education Fund can offer to her:
Policy sign-up
After the discussion with Mary, Uloma was so happy and eager to start saving with Cornerstone Insurance Plc. She discussed the benefits of CHEF, as related to her by Mary, with her husband, who was also in tune with the concept of policy. They both visited www.cornerstone.com.ng and both signed-up for CHEF after going through the policy benefits and features, some of which are listed below:
• Policy can be surrendered after a minimum of one year in force, subject to policy terms and conditions
• Policy loan, subject to a maximum of 70% of the fund balance after a minimum of one year in force
• Policy can be tendered collateral with any financial institution
• Minimum annual contribution of N60,000.00
• Flexible payment of contribution (monthly, quarterly; half yearly and yearly)
• Minimum policy period is five years
With Cornerstone Children Education Fund, the Future is Assured
Uloma now has the assurance that, in the event of any unforeseen circumstance, the future education of her children is guaranteed.