Investment
An Investment Plan is a financial product which allows you to invest in various asset classes in order for you to build your wealth or create an income from your investments.
How much does it cost to invest?
You pay portfolio management fees, platform fees, growth sharing deduction, guarantee charges (if you select one of the optional guarantees), initial commission and the agreed ongoing advice fee for your Financial Adviser. You may also receive an enhancement to your lump sum depending on the amount invested.
Invest in Their Education
At M&M we also offer The Education Builder an investment plan that lets you invest in your children's education from pre-school to tertiary level. From as little as R500 a month* invested over 5 years, your monthly contributions can grow to help you secure a brighter future for your child.
Guaranteed Protection
The EduCator benefit or EduCator Xtra Cover ensures this stays true even if you become disabled, critically ill or pass away. With a good, secure education, your children can grow up to be successful, independent adults.
It's comprehensive
The risk cover will pay for your children’s school fees from pre-primary, primary and secondary school and up to their tertiary education. If you opt in for the Prime Institution feature, your child’s high school fees at their prestigious private school will be covered at higher benefit limits.
It's flexible
You have the freedom to choose whether you want to cover your children’s education at a Public, Independent, or a Prime category school. The risk cover will also pay for home-schooling where the educational institution is registered with the appropriate governing body in South Africa.
It celebrates your child
The risk cover includes an achievement allowance that rewards your children should they achieve provincial or national colours in a sport or cultural activity.
It starts early
The risk cover promotes early childhood development through an allowance which helps cover the costs of nursery schools, day care or similar institutions.
It's mobile
If your children emigrate while in claim, The risk cover will continue to cover their tuition costs at primary, secondary or tertiary schooling level, up to the applicable Rand limits.
It's international
The risk cover gives your children the opportunity to study at an approved international tertiary education institution through our prestigious university list. If the EduGlobal feature is taken out, then a child can attend an international institution as part of an approved network, covered at three times the Rand limit.
It's immediate
No waiting period applies.
Inflation Protection
Annual benefit adjustments ensure your contributions keep pace with rising education costs.
Schedule a free consultation
For a comprehensive life insurance quote, contact a M&M Financial Adviser, who will prepare a life cover quote that may best suit your needs.
M&M Financial Adviser will complete a holistic financial needs analysis to ensure that we are able to give you specific life insurance cover for your unique personal or business needs.
They will also be able to provide more details about benefits, definitions, guarantees, fees, taxes, limitations, charges, premiums or other conditions and associated risks.