There are 2 kinds of a participating endowment insurance plans that you can buy to save up for your child.

The first is a limited premium payment type of endowment that matures at ages 17 to 24 where your child needs funds for university education

The second is a limited premium payment type of endowment that matures at age 99 only. It gives you certain flexibility in withdrawing funds.

Let’s save you time, here’s the 7 best savings plan for your child at a glance.

I’d follow with a deep analysis on each of these plans for you.

Limited premium endowment with a fixed maturity

Yield (Based on monthly premium of $400 and premium paying term of 10 years; removal of all optional riders)

Limited premium endowment with maturity to age 99

AVIVA MyEduPlan Review

​Aviva ​is the second highest total guaranteed IRR ​compared to the other ​fixed maturity plans. 

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