--- title: 6 good reasons to invest in LIC International Child Education Plan. description: Find out why the Professional Education Plan (PEP) is one of the best child education plans in the UAE. Learn about the scope and benefits of this policy. image: https://www.financialplanningindubai.com/hubfs/Imported_Blog_Media/bigstock-Seedling-With-Education-Money-187648414-1024x682.jpg --- [![Financial_Planning_in_Dubai_logo](https://www.financialplanningindubai.com/hs-fs/hubfs/Financial%20Planning%20in%20Dubai%20Logo_9090-2.png?width=90&height=90&name=Financial%20Planning%20in%20Dubai%20Logo_9090-2.png "Financial_Planning_in_Dubai_logo")](https://www.financialplanningindubai.com/?hsLang=en-gb) - [Home](https://financialplanningindubai.com/) - [Blog](https://www.financialplanningindubai.com/blog) - [Services](https://www.financialplanningindubai.com/services) - [Islamic Investments & Takaful Plans](https://www.financialplanningindubai.com/blog/salama-hyat-plus-takaful-plan) - [Medical Insurance](https://www.financialplanningindubai.com/blog/topic/medical-insurance) - [Free Resources](https://www.financialplanningindubai.com/free-finanical-tools) - Tools - Calculators - [S&P 500 Investment Calculator](https://financialplanningindubai.com/sp-500-investment-calculator/) - [Life Insurance Calculator](https://www.financialplanningindubai.com/life-insurance-calculator) - [SIP Calculator](https://financialplanningindubai.com/sip-calculator/) - [Lumpsum investment calculator](https://www.financialplanningindubai.com/lump-sum-investment-calculator) - [Inflation Calculator](https://www.financialplanningindubai.com/inflation-calculator-uae) - [Net-Worth Calculator](https://www.financialplanningindubai.com/blog/free-personal-balance-sheet-template-networth-statement) - [The Best Budget Planner for Expats](https://www.financialplanningindubai.com/expat-budget-planner) [Book A Discovery Call](https://www.financialplanningindubai.com/meetings/damodhar?hsLang=en-gb) # 6 good reasons to invest in LIC International Child Education Plan. ![Damodhar Mata](https://app.hubspot.com/settings/avatar/e63bc971ec29ebe6c012fd042c1a8215) [Damodhar Mata](https://www.financialplanningindubai.com/blog/author/money-mata-aka-damodhar-mata) 5 Jul 2017, 12:06:00 ###### [Guaranteed Investments,](https://www.financialplanningindubai.com/blog/topic/guaranteed-investments) [Education Savings](https://www.financialplanningindubai.com/blog/topic/education-savings) Professional Education Plan (PEP) is a unique proposition by LIC International offering Capital Guarantee & Guaranteed Returns for children's education savings. ![LIC International Professional Education Plan (PEP)](https://www.financialplanningindubai.com/hs-fs/hubfs/Imported_Blog_Media/bigstock-Seedling-With-Education-Money-187648414-1024x682.jpg?width=700&name=bigstock-Seedling-With-Education-Money-187648414-1024x682.jpg) The following are the six important reasons why an ex-pat(Not only Indian but also others) should consider investing for their children's higher education. ### Trusted Organisation Life Insurance Corporation (LIC) is India’s top life insurer and is the most reliable brand among Insurance companies in India. They operate in many countries like the UK, UAE, Bahrain, Saudi, Oman, Fiji, Mauritius, Kenya, Nepal, and Sri Lanka. They are market leaders in Bahrain and have a very high acceptance in the UAE. LIC International (LICI) is fully licensed and regulated by the UAE Insurance Authority. They offer [various plans](https://www.financialplanningindubai.com/blog/2017/03/15/regular-saving-plans-lic-international?hsLang=en-gb) addressing the investment and insurance needs of ex-pats in the UAE. ![LIC International - Trusted Organisation](https://www.financialplanningindubai.com/hs-fs/hubfs/Imported_Blog_Media/bigstock-Trusted-Service-Concept-114116528-1024x945.jpg?width=640&name=bigstock-Trusted-Service-Concept-114116528-1024x945.jpg)According to [A.M. Best (A.M. Best is one of the oldest and most established rating companies in the world.)](https://www.google.ae/url?sa=t&rct=j&q=&esrc=s&source=web&cd=1&cad=rja&uact=8&ved=0ahUKEwi1oJHdtPLUAhXELVAKHT5iBRwQFggkMAA&url=http%3A%2F%2Fwww.ambest.com%2F&usg=AFQjCNE9b2KCWAdr1Pd97IFNTzmrIsOwkQ) – "LICI maintains a sound level of profitability, with the company reporting a pre-tax profit of BHD 4.5 million (USD 12.1 million) in 2015 (2014: BD 4.3 million). A diversified global bond portfolio generates a relatively steady investment yield and provides a margin in excess of the guaranteed investment returns required on certain life policies. Additionally, LICI’s performance benefited from a low-cost base with an expense ratio of 5.8% in 2015." Source - [Am Best Press Release - Oct 2016](http://www3.ambest.com/ambv/bestnews/presscontent.aspx?AltSrc=14&refnum=24513) ### LIC - Best investment plan in USD The following infographic shows the correlation of other currencies to the US Dollar during a recession. Investing in a US Dollar-denominated investment plan makes more sense now because there is hardly any currency that can challenge USD's supremacy. ![World Currencies In The Recession](https://www.financialplanningindubai.com/hs-fs/hubfs/Imported_Blog_Media/165.jpeg?width=700&name=165.jpeg) by Mint.com. From [Visually](https://visual.ly?utm_source=content-embed&utm_medium=embed).   To protect the value of your savings both in good times and bad, it is better to invest in a USD-denominated investment plan, particularly when the Dirham is pegged to the US Dollar. ### Capital Protection - Hedge against Market risks Capital Guarantee is a huge benefit, particularly in the turbulent times we are currently going through. This plan is 100% risk-free, hence a preferred choice among parents looking to save for their children's higher education. The Professional Education Plan encourages parents to put away their hard-earned savings, knowing that it is 100 risk-free. ![Professional Educaiton Plan - Capital and Returns Guaranteed ](https://www.financialplanningindubai.com/hs-fs/hubfs/Imported_Blog_Media/bigstock-Security-shield-protects-money-70632565-1024x682.jpg?width=640&name=bigstock-Security-shield-protects-money-70632565-1024x682.jpg) ### Guaranteed Returns - Peace of Mind & Hedge against inflation risk In addition to the capital protection, LIC International also provides Guaranteed Returns on the Professional Education Plan (PEP). Yes! You are reading it right: " Guaranteed Returns on the Professional Education Plan (PEP)". This plan is ideal for children between 1 month to 10 years. The Guaranteed Returns offered by this program mostly beats [inflation](https://www.financialplanningindubai.com/blog/inflation-calculator?hsLang=en-gb) in UAE and other developed countries, hence it is an ideal hedge against inflation. The returns on this plan are based on the Bonus declared by LIC International. The current rate of Guaranteed Bonus on this plan is $25 per 1000 dollars of the sum assured. When you avail of this plan, the exact dollar value of the maturity amounts is mentioned on the policy. This makes it easy for parents to plan for their children's education. ![LIC International Professional Education Plan (PEP)](https://www.financialplanningindubai.com/hs-fs/hubfs/Imported_Blog_Media/bigstock-Overcome-The-Obstacles-Of-Your-72666349-1024x683.jpg?width=640&name=bigstock-Overcome-The-Obstacles-Of-Your-72666349-1024x683.jpg) ### Waiver of Premium This plan provides an optional premium waiver benefit for Proposers(Parents) up to age 50. In the event of the death of the proposer, the future premiums on this plan are waived, and the policy pays out maturity benefits for the child's education as expected. This is beneficial, particularly when the premium is paid over a long term. ### Flexible-Premium Payment Options The following are the premium payment options on the Professional Education Plan; Limited-Term - You can choose to pay premiums only for five years, irrespective of the duration of the plan. Particularly useful for ex-pats who do not prefer a long-term commitment. Full Term - You can choose to pay premiums for the full term of the plan. Particularly useful for ex-pats who prefer lower premiums Single-Premium (One-Time option) - You can also choose to pay the total premium as one lump sum ### Other features of the plan Paid Up value If you are unable to pay premiums after 2 years on a limited premium plan and in 3 years on a full-term plan due to a change in your circumstances, the policy's sum assured is reduced on a pro-rata basis.(Paid Up Mode) For e.g., If you started a plan with a 5-year premium payment and a sum assured of $100,000 and stopped premium payment after 2 years, the face value of the plan will be reduced to $40,000. All the due bonuses will be calculated on $40,000 and paid at the time of maturity. #### Premium Sealing You can choose to pay advance premiums up to a period of 5 years in a lump sum. LIC International will offer a discount when you do so. #### Portability Indian ex-pats can choose to transfer their plan to India when they return to India for good. In addition to the above-listed features and benefits, this plan has many features and benefits. Arrange a Free Consultation with me to learn more about the LIC International Professional Education Plan(PEP). [Click here to arrange a Free Consultation](https://www.financialplanningindubai.com/meetings/damodhar?hsLang=en-gb)   ![Damodhar Mata](https://app.hubspot.com/settings/avatar/e63bc971ec29ebe6c012fd042c1a8215) [Damodhar Mata](https://www.financialplanningindubai.com/blog/author/money-mata-aka-damodhar-mata) Author, Blogger & Independent Financial Advisor. My goal is to give you actionable tools for creating passive income and building wealth. More than 10,000 expats have already used my ideas to jumpstart their journey towards financial independence. Connect with me to start yours... Share this article on [mailto:?subject=Check%20out%206%20good%20reasons%20to%20invest%20in%20LIC%20International%20Child%20Education%20Plan.%20&body=Check%20out%20https://www.financialplanningindubai.com/blog/2017/07/05/professional-education-plan-pep](mailto:?subject=Check%20out%206%20good%20reasons%20to%20invest%20in%20LIC%20International%20Child%20Education%20Plan.%20&body=Check%20out%20https://www.financialplanningindubai.com/blog/2017/07/05/professional-education-plan-pep) ##### Read more - [The Real C-Suite – The Only Title That Matters 🏆](https://www.financialplanningindubai.com/blog/breadwinner?hsLang=en-gb) - [The Wealth Secret 99% of Investors Ignore – Will You?](https://www.financialplanningindubai.com/blog/the-iceberg-of-investing?hsLang=en-gb) - [From Risk to Reward? The Shifting Case for China Investing](https://www.financialplanningindubai.com/blog/from-risk-to-reward-the-shifting-case-for-china-investing?hsLang=en-gb) ## Further Reading [![5 Simple Steps To Save & Invest For Your Child's Education in the UAE](https://www.financialplanningindubai.com/hs-fs/hubfs/bigstock--128465834.jpg?width=300&name=bigstock--128465834.jpg)](https://www.financialplanningindubai.com/blog/5-simple-steps-to-save-invest-for-your-childs-education?hsLang=en-gb) ###### [education savings plan,](https://www.financialplanningindubai.com/blog/topic/education-savings-plan)[Education Savings](https://www.financialplanningindubai.com/blog/topic/education-savings) ##### [5 Simple Steps To Save & Invest For Your Child's Education in the UAE](https://www.financialplanningindubai.com/blog/5-simple-steps-to-save-invest-for-your-childs-education?hsLang=en-gb) College fees and associated costs are rapidly rising across the world and UAE is no exception. In... [Read More](https://www.financialplanningindubai.com/blog/5-simple-steps-to-save-invest-for-your-childs-education?hsLang=en-gb) [![7 easy steps to invest in the best child education savings plan in UAE](https://www.financialplanningindubai.com/hs-fs/hubfs/dreamstime_s_18231590.jpg?width=300&name=dreamstime_s_18231590.jpg)](https://www.financialplanningindubai.com/blog/best-child-education-savings-plan-in-uae?hsLang=en-gb) ###### [Investments,](https://www.financialplanningindubai.com/blog/topic/investments)[Education Savings](https://www.financialplanningindubai.com/blog/topic/education-savings) ##### [7 easy steps to invest in the best child education savings plan in UAE](https://www.financialplanningindubai.com/blog/best-child-education-savings-plan-in-uae?hsLang=en-gb) Investing in your child’s education is more than a financial goal; it’s a lifelong gift that... [Read More](https://www.financialplanningindubai.com/blog/best-child-education-savings-plan-in-uae?hsLang=en-gb) [![The Best Gift for your child's Future](https://www.financialplanningindubai.com/hs-fs/hubfs/Stock%20images/Low%20angle%20view%20of%20a%20boy%20with%20toy%20aeroplane%20sitting%20on%20fathers%20shoulders%20at%20the%20park-1.jpeg?width=300&name=Low%20angle%20view%20of%20a%20boy%20with%20toy%20aeroplane%20sitting%20on%20fathers%20shoulders%20at%20the%20park-1.jpeg)](https://www.financialplanningindubai.com/blog/the-best-gift-for-your-childs-future?hsLang=en-gb) ###### [Child education Plan Dubai,](https://www.financialplanningindubai.com/blog/topic/child-education-plan-dubai)[education savings plan](https://www.financialplanningindubai.com/blog/topic/education-savings-plan) ##### [The Best Gift for your child's Future](https://www.financialplanningindubai.com/blog/the-best-gift-for-your-childs-future?hsLang=en-gb) #### The Best Gift  The best gift you can give to your child is a quality education of their choice and... [Read More](https://www.financialplanningindubai.com/blog/the-best-gift-for-your-childs-future?hsLang=en-gb) *Damodhar Mata | Your Trusted Financial Advisor in Dubai* ![Damodhar Mata-7-2](https://www.financialplanningindubai.com/hs-fs/hubfs/Damodhar%20Mata-7-2.png?width=119&height=119&name=Damodhar%20Mata-7-2.png) *I can help you grow wealth, gain passive income, and achieve your goals faster and with ease. * **Top Pages** - [Home page](https://www.financialplanningindubai.com) - [Best Life Insurance](https://www.financialplanningindubai.com/best-life-insurance-dubai) - [Best Investment Plan](https://www.financialplanningindubai.com/blog/how-to-invest-in-uae) - [Retirement Planning in the UAE](https://www.financialplanningindubai.com/retirement-planning-in-uae) - [FIRE Early Retirement Guide](https://www.financialplanningindubai.com/blog/early-retirement-in-uae-fire-guide) - [Best Child Education Plan](https://www.financialplanningindubai.com/childrens-education-planning) **Top Blog Posts** - [Financial Planner or Financial Advisor?](https://www.financialplanningindubai.com/blog/financial-planner-or-financial-advisor) - [How to find the Best Financial Advisor](https://www.financialplanningindubai.com/blog/best-financial-advisor-uae) - [Win With Money Challenge](https://www.financialplanningindubai.com/blog/30-days-win-with-money-challenge) - [FIRE guide for expats](https://www.financialplanningindubai.com/blog/early-retirement-in-uae-fire-guide) - [Pay Yourself First](https://www.financialplanningindubai.com/blog/how-expats-in-uae-can-grow-wealth-using-pay-yourself-first-strategy) - [Google Reviews](https://www.financialplanningindubai.com/testimonials-financial-advisor-in-dubai) **Other pages** - [About us](https://www.financialplanningindubai.com/about-us) - [Testimonials](https://www.financialplanningindubai.com/testimonials-financial-advisor-in-dubai) - [Services](https://www.financialplanningindubai.com/services) - [Contact us](https://www.financialplanningindubai.com/contact-us) --- © 2024 Financial Planning in Dubai. All rights reserved. [Follow us on Facebook](https://www.facebook.com/finplandubai/) [Follow us on LinkedIn](https://www.linkedin.com/in/damodhar/) [Follow us on YouTube](https://www.youtube.com/@mytwofils) [Follow us on Instagram](https://www.instagram.com/moneymatadubai) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Damodhar Mata", "url" : "https://www.financialplanningindubai.com/blog/author/money-mata-aka-damodhar-mata" }, "dateModified" : "2024-06-30T03:38:07.013Z", "datePublished" : "2017-07-05T08:06:00.000Z", "headline" : "6 good reasons to invest in LIC International Child Education Plan.", "image" : [ "https://www.financialplanningindubai.com/hubfs/Imported_Blog_Media/bigstock-Seedling-With-Education-Money-187648414-1024x682.jpg" ], "mainEntityOfPage" : { "@id" : "https://www.financialplanningindubai.com/blog/2017/07/05/professional-education-plan-pep", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://www.financialplanningindubai.com/hubfs/Financial%20Planning%20in%20Dubai%20Logo_9090-2.png" }, "name" : "Financial Planning in Dubai" } } ``` ```json { "@context" : "https://schema.org", "@type" : "Organization", "address" : { "@type" : "PostalAddress", "addressCountry" : "UAE", "addressLocality" : "Emaar Square, Burj Downtown, Dubai,", "addressRegion" : "Emaar Square", "postalCode" : "124422", "streetAddress" : "Building No 1, 4th floor" }, "alternateName" : "Financial Planning in Dubai | Independent Financial Planner", "logo" : "https://www.financialplanningindubai.com/hs-fs/hubfs/New_logo.png?width=100&name=New_logo.png", "name" : "Financial Planning in Dubai | Independent Financial Planner", "sameAs" : [ "https://www.linkedin.com/in/damodhar/", "https://www.facebook.com/finplandubai", "https://twitter.com/finplandubai", "https://www.instagram.com/moneymatadubai/", "https://www.youtube.com/channel/UC-Zc9NxnCZDw0j_HkTerMWw/videos", "https://in.pinterest.com/finplandubai/" ], "url" : "https://www.financialplanningindubai.com/home01" } ```