Nash Insurance Agency

Today will talk about how much cover you need for your child's school fund?

The first step in determining the amount of coverage is to have a goal in mind. What are your
goals for your child's education? The following are some of the factors you may need to
consider in determining the level of coverage:

• Place of study - abroad or locally? If abroad, what is the likely country of choice and related
costs of living?
• Level of qualification - diploma or degree?
• University of choice? - A top-notch university usually will cost more.
• Field of study ? - Courses in the medical field usually involve higher costs than others.
• Length of study?

The cost of higher education is increasing. The need for access to higher education and the cost will put a financial strain on you and your family. That is why it is important to start planning for your child's education as soon as possible, because the earlier you begin, the more time you allow your money to grow. The child education policy will provide the funds needed by your child to pursue further education and assures that whatever happens in the future, your child will still have the means to pursue some of his/her goals in life.