“Education Insurance Scheme, Financial Disciple, Solution to Education Hurdles” …Insurance Specialist
An Insurance Specialist, Mrs Happiness Ego, has proffer a wise way out of the financial difficulties, faced by both parents and students, in the pursuit of sound educational foundation. At the Business Day Celebration of Isolo Comprehensive Senior High School, the guest speaker, an insurance expert with American International Insurance Company (AIICO) highlighted the important need of education and how to tackle the hindering factors around it.
She said due to the costly nature of education in recent times, the result of which many cannot afford to further their educational desire, especially College Degrees, profound financial disciple is the way out of hampering these hurdles.
While speaking on the topic “INCOME And INVESTMENT”, she emphasis the need for financial discipline and savings habit for parents and event students, at an early stage, as a vital way of battling the costly nature of education.
Ego advise parents to take on education plan for their children to proactively curb any form of confinement that might spring up while the child is young. “Some parents have beautiful plans for their children but if they die suddenly, the children’s education die with them, because the sponsor is no more.”
Explaining that if an education plan is put in place for children, as they are born and while growing up, the possibility of the children having a very sound educational background, is assured. “If anything happened along the line the insurance company will give the insured child, allowances for a period, while at maturity, this money is used to invest in the child’s education”. Adding that, with or without the parents, the child’s education will not be halted.
Brain teasing quiz competition among students, studying in business related subjects was staged and out rightly rounded off by the principal Mrs. Adeola George, who in her speech singled out financial enlightenment as the significant purpose of the event
Mrs. George advice parents, present at the event, to endeavour and put in place, financial plans, that will ensure their children, attain education excellence. Urging students to imbibe investment instincts just as the guest speaker has said and begin saving and investing from all the tokens they get.