In keeping with ARM Trustee’s commitment of helping clients build legacies via transfer of wealth from one generation to the next, ARM Trustees Limited has launched Education Trust and Education Trust Plus products.
Both products, launched recently in Lagos aim at assisting parents and/or guardians secure uninterrupted education for their child(ren) or ward(s).Whilst the Education Trust is used to simply set aside money specifically for a loved one’s education, The Education Trust Plus combines the Education Trust with a Life Insurance Policy. It allows you to take out a life insurance policy naming the Trustee as the beneficiary of the policy. Thus, upon demise or incapacity, the Trustee can access the benefits of the life insurance and apply same for the education of loved ones. Payment of an annual premium for the life insurance policy will be made from the Trust.