Friday Nov 15, 2024
Friday Nov 15, 2024
Wednesday, 14 November 2012 00:05 - - {{hitsCtrl.values.hits}}
Orient Wealth Limited announced that the systematic investment plan holders in orient child education plans and orient retirement saving plans are now entitled to opt to take a life insurance protection on their life.
It believes this life insurance benefit will give more value to its customers who want to begin saving for their retirement and for their child’s higher education.
This benefit will be available to the customer by paying a small additional sum with the periodic systematic payment. The primary account holder in the retirement plans and the parent or guardian who registers with the child when opening an account for child education plan are entitled to this benefit, a release from Orient Wealth stated.
“When you start saving regularly for your child’s future educational needs it is the desire of the parent to see that certain sums of money are needed when the child is ready to pursue higher studies. The availability of money is the primary need to provide that desired education to them for their future prosperity. The demise of the bread winner in the family due to unforeseen reason may disrupt the plan to educate your child. The insurance benefit at this juncture will be added to the child’s education plan to full fill the needs.
“When you are saving for retirement often it is your desire to support your spouse and dependents to have a comfortable life after retirement. The insurance benefit at any unforeseen circumstances will support the retirement fund that you have commenced and provide the sum of money to your dependents,” the statement added.
This facility to enjoy the insurance benefit while saving for your retirement and or child’s education will come into effect from 14 November 2012. Investors can contact Orient Wealth on +94 11 7664444 for further information.
Orient Wealth is a fully-owned subsidiary of Orient Capital Limited (OCL), which is a 100% equity financed company with diverse capital market services for individual and corporate clients with a highly-experienced Board of Directors and senior management. Orient Finance PLC and First Alliance Money Brokers Limited (FAMB) also come under the OCL umbrella, the release concluded.
