Affordable Educational Plan for as Low as PhP 2500/Month with Life Insurance & Investment

Educational Plan

It is a dream of every Filipino parent to see their children receive their college diploma, a piece of paper that opens a lot of doors for better job opportunities in the country and abroad. Many parents work hard and spend a fortune just to send their children to college because they believe that education is the key for brighter future and of course success.  They also believe that unlike material possessions, education cannot be stolen away.

But with the increasing cost of education, it is becoming harder for parents to send their children to college. Tuition fees and miscellaneous fees increasing every year not to mention the increasing cost of basic goods and services. Unfortunately, parents’ salary could not catch up with increasing cost of living and education. Private education is very expensive while public education is also getting costly with little government subsidy and scarce number of scholarship grants.

As a parent, you want to send your children to college. In order to this, you need to plan ahead. You need to have an educational or college plan for your kids. The best time to get an educational plan is when your kids are still young. This is  for you to have more time to save money for their education. Let us say, your baby is just 1 year old, if you get him/her an educational plan today, you will have 16-18 years to save or invest money for his/her education.

There are many insurance companies that offer educational plans in the Philippines. The good thing about these educational plans is that they have life insurance feature. If something will happen to the payer (parent), the premium or payment will be waived which means the dependents don’t need to pay anymore but the plan is still active. So even if the Lord will get you early, you are assured that your children have funds for college.

Shocking Cost of Education

Every year, colleges and universities increase their tuition fees to as high as 10%. Assuming that schools increase their fees at this rate every year, you will be shocked how much it will cost you to send your sons and daughters to college few years from now. Let us get sample calculation. For example, your child is still a baby right now, how much would be his/her tuition fee when he/she will be in college or after 18 years.

Ateneo de Manila University

Estimated Current Annual Tuition Fee: Php 144,000

Estimated Tuition Fee After 18 Years (10% annual increase): Php 804,525

De La Salle University

Estimated Current Annual Tuition Fee: Php 188,881

Estimated Tuition Fee After 18 Years (10% annual increase): Php 1,050,162

University of Santo Tomas

Estimated Current Annual Tuition Fee: Php 89,041

Estimated Tuition Fee After 18 Years (10% annual increase): Php 495,063

University of the Philippines

Estimated Current Annual Tuition Fee: Php 49,000

Estimated Tuition Fee After 18 Years (10% annual increase): Php 272,435

Although the data above are just projections, they give you an idea on how much money you are going to shell out in the future to enroll your kids in school. Take note that miscellaneous fees and the usual “baon” + project/assignment expenses are not yet included in the calculation. I do not guarantee the accuracy of the data presented above and they may change from time to time.

Variable Universal Life Plan as an Educational Plan

A variable universal life plan is a life insurance plan with investment feature. This can be used as an educational plan for your kids. You are going to save a specific amount every year, for 5 or 10 years to an insurance company (like Sun Life Financial) and in return the insurance company will give you life insurance coverage and invest a portion of your yearly saving to an investment fund of your choice: equity fund, bond fund, balanced fund or money market fund. The investment fund will have the potential to grow through the years or until your child will enroll to college. If your child will not be able to use the college fund for various reasons (like the availability of scholarship), you have the option to let your money stay with Sun Life and grow even more.

How Much Is the Educational Plan?

Well, the higher is your saving/investment, the higher will be your child’s college/educational fund. You can start for as low as 2000 pesos per month depending on your age and goals. If you get an educational plan early (say in your 20s), the lower would be your monthly contribution because age is a big big factor in determining your premium or regular payment. If you want to send your kids to big and famous universities, of course you need to have higher contributions. Request a quote or proposal in this page and don’t forget to indicate your kid’s age in the “message section.” It is FREE to request a quote/proposal, no obligation in your part, just the time you will invest in reading and understanding the proposal.

Insurance Plans For College Funding Needs

5 years to pay  life insurance plan with educational fund and other benefits. (Recommended if your child is more than 5 years old)

10 years to pay life insurance plan with educational fund and other benefits (Recommended of your child is less than 5 years old.)

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Raymund F. Camat, CIS, REB, CWP®, CEPP® is a SEC-Certified Investment Solicitor (CIS), Certified Wealth Planner and Certified Estate Planner, Phils. He is also a licensed life insurance and mutual fund advisor for the number 1 life insurance company in the Philippines. He wants to educate the Filipino public on the importance of financial planning, investment planning, wealth planning and estate planning. He offers Personal and Family Wealth Planning to Filipinos from different generations. He has a bachelor's degree from the University of the Philippines. You can reach him at +639179698062 or email him at For OFWs, he also conduct online video consultation through Skype, Viber, Zoom or FB Video Call. ________________________________________ DISCLAIMER: This website reflects only the views and opinions of Raymund F. Camat and is not part of any official communication tools of any life insurance and investment company. The views and opinions on this website do not necessarily reflect those of the company, the management, the advisors/agents and the employees of any life insurance or investment company.
30 comments… add one
  • Carlos Feb 23, 2013 Link Reply

    Great info!

    I’m actually looking for education plans right now. Do you know of other companies with education plans? Sorry, I know you’re affiliated with sun life, but I just have to ask. 🙂

    And also, does sun life have a stand alone education plan? Or one with just life insurance?

  • gil valdez Apr 13, 2013 Link Reply


    just want to get a quotation for an educational plan, my son will be 6 this year, i’m 39 non-smoker, working abroad.

    Thank you

  • Jinny Chee Kee Jun 2, 2013 Link Reply

    June 2, 2013
    I would like to ask for a quotation for an educational plan, how much is the discount when paid in full or 2 payments. My bf is asking me to look and inquire, he will be giving 2 scholarships for 2 kids who are 9 years old.

    Thank you.

    • Raymund Camat Jun 19, 2013 Link Reply

      Hi MIss Jinny,

      It depends on how much educational fund you are willing to give each child. 1 Million educational fund? 2 Million?

  • michelle enad Sep 23, 2013 Link Reply

    just want to get a quotation for an educational plan, my son is 6 this years old,wr residing @ cebu city.. his lola who is in norway will be the one to pay the plan..pls email me the quotation and requirements @ and god bless

  • Katherine jimenez Oct 1, 2013 Link Reply

    I would like to ask for a proposal of educational plan for my 1 yr. old baby. Kindly please send it to my email

    Thanks a lot

  • Kyra Oct 8, 2013 Link Reply

    Hello Sir,

    I just want to ask for quotation. My son is 6 years old and I am 26. I am planning on getting an educational plan for him. I am a call center agent.

    Please do send me a reply at Thanks.

  • dhiren Oct 14, 2013 Link Reply


    I’m non Philipino, me and my girlfriend have 7 months old baby girl. I would like to have education plan, please help me.

  • Cerel Nieva Oct 28, 2013 Link Reply

    My oldest daughter turn 5years old next year feb.
    the youngest turn 2years old this dec.just want to know
    The quotation. Ty.

  • Bing Nov 13, 2013 Link Reply

    Please give a quotation for Educational plan the child is now 2 years old.

  • Abie Dec 4, 2013 Link Reply

    Hi Sir,

    I would like to ask for a quotation for an educational plan. I am 24 and my baby is 2 years old.

  • emalyn Jan 18, 2014 Link Reply

    Hi, would like also to request for a quotation educational plan for my son who is 3years old. kindly send to my email provided here. Thank you

  • Marie Jan 20, 2014 Link Reply

    Hi I would like to get a quotation, for educational plan and retirement plan package, educational plan. My daughter is 11 months old, I’m 24 years old. Thank you

  • Elizabeth Mae Duran Jan 23, 2014 Link Reply

    I would like to ask for a quotation for an educational plan. I am 21 with my unborn child at 5 months, will turn 22 once she’s born.

  • Nonilo V. Arce Jr. Jan 28, 2014 Link Reply

    Please send me quotations or payment modes for sun life educational plans? How much for an educational plan and how many years do I have to pay for it. I have a 4 year old and a 3 year old daughter. Thank you!

  • Romeo Bautista Jr Feb 2, 2014 Link Reply

    Hello there,

    I would like to get a quotation, for educational plan and retirement plan package
    My son is 4 yrs old and i’m 40 YO non-smoker working abroad (me and my wife).

    Hoping your feedback.

    Thank you,

    • Raymund Camat Feb 2, 2014 Link Reply

      Hi Sir,

      You will receive email from us asap. Thank your for your inquiry.

  • maj Feb 17, 2014 Link Reply

    Please send me quotations or payment modes for sun life educational plans? How much for an educational plan and how many years do I have to pay for it. having a new born child this march…thanks in advance

  • arlyn Feb 18, 2014 Link Reply

    I would like to get a qoutation for educational plan. Im 2 months pregnant 39 years old working abroad.
    And what is the best product that you can recommend both for me and the baby.

    Thank you,

  • jeannie baroro Mar 16, 2014 Link Reply

    Sir,please send me a quotation for this educational plan.thanks

    • Raymund Camat Mar 30, 2014 Link Reply

      Hi, May I know your age, current location, smoker?, gender, and age of your kid.

  • My son is 8 yrs old what is the best for me and my son?

    • Raymund Camat May 31, 2015 Link Reply

      You get an insurance plan po and you open a mutual fund account for your son’s college plan. Thanks

  • hasmin Jan 10, 2016 Link Reply

    Sir, is there a life insurance + educational plan program? I am 30yrs old and my daughter is 4yrs old. and please do send me a quotation.Thank you.

  • Hi sir,

    My name is Mark 27 years old i am an OFW and looking for educational plan for my 4 children, my 2 elder is 7 years old, the next to my elder is 4 years old, and the younger one is 2 years old, can you give me a sample of quotation so i can review.


  • cindy anne Jun 30, 2016 Link Reply

    I would like to know if there is a plan out there that best suits with my financial status. I am 35 year old non smoking single mother of an 8 year old lil fellow. I can only afford of P2000 monthly payment for an educational plan of my kid. Do we have that kind? what is your suggestion? Please Thank you.

  • melinda chua Aug 22, 2016 Link Reply

    hello im a single mom of a 3yr old an ofw..can u send me the quotation or the mode of payment for educatioal plan?tnx.

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