The Best Ways to secure your Children’s Future

Posted on: 18th Jul 2019

If it is unanimous that children are indeed the leaders of tomorrow, then the big question is; what are you doing as a parent to secure your child’s future? These little ones (and even the ones who like to refer to themselves as grownups) need all the help they can get. When you look at your early life and reflect on how tough you (probably) had it, there should be a natural desire to ensure that your children don’t go through those same tough times. However, what’s even worse than leaving their future up to fate is not finding and then employing the best ways to secure their tomorrow.

When we talk about securing the future of your children, what kind of securities come to mind? Money? Education? Assets? Businesses? Well, depending on their age(s), these things and so much more come into play. In our previous article, we discussed how to establish futuristic securities for your children through the creation of estates and trusts and so on. Now, that being said, some of the best ways to secure your children’s future is through life some of African Alliance’s Life Insurance policies. This article aims to review two very useful policies to this effect. They include;


  1. Children Education Plan.

The African Alliance Children Education Plan is specially designed to help you give your children the best education out there with the lifestyle that accompanies it. Imagine a world where you are suddenly no more and your children are left to the mercy of fate all because you failed to seize the opportunity to invest in their future. The Children Education Plan by African Alliance allows you to ensure a befitting amount/an agreed sum which the policyholder then pays up in premiums. This plan has a maturity period which will be specified and agreed upon. When the policy matures, the total insured sum and bonuses accrued are all paid.

The interesting thing about this plan is that if the policyholder passes or loses the ability to fend for his or herself and family, 2% of the agreed total sum is paid monthly to the named beneficiary till the policy expires. This means that, no matter what happens, come what may, your child’s future is protected and sealed both legally and financially.

How about policy loans? This plan dictates that after two (2) years within the duration of the cover, you are entitled to policy loans with this plan. As far as the best way to secure your children’s future goes, this remains one of the most astute ways to go about it. Nevertheless, if you are in financial distress, consider the new loans for bad credit instant approval options.


  1. Smart Kid Educational Plan.

An alternative to the Children Education Plan is A.S.K (African Alliance Smart Kid) Educational Plan. This plan is quite different from the plan discussed above and has its unique benefits as well.

The Smart Kid Educational Plan is what is called a term life insurance policy. It can be purchased for a period of 5 – 20 years. Also, the minimum sum that can be assured using this policy is N500, 000. However, this plan allows you to dictate the exact amount you want to be allocated to a beneficiary in the event of your death. Nonetheless, this policy which is valid for a specified term ensures that the total amount is paid should you outlive the validity period of the plan. It is a plan that is just as beneficial to your children’s educational future as the Children Education Plan but with a unique set of applications.


Some parents grew up battling some extreme conditions, while some others only had to jump over a few hurdles to achieve their dreams or at least be set in the right path towards destiny. Whatever the case was for you, it remains paramount the need to level the playing field or at least influence the odds of your children’s fate as it borders around their future.

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