SECURE YOUR CHILD’S FUTURE
At NICO Group, we understand that every parent dreams of providing the best for their child—from quality education to a financially secure future. That’s why we offer a comprehensive range of financial solutions designed to help you plan for both the short-term needs and long-term aspirations of your children.
Why Choose NICO for Your Child’s Financial Future?
Our tailored products cater to every family’s unique goals, whether you’re saving for your child’s education, preparing for unforeseen circumstances, or building a legacy that lasts beyond generations. Explore our specialized investment and savings options that are designed with your child’s well-being at heart.
We provide peace of mind knowing that your wealth is managed responsibly for your child’s benefit
1. Minors Trust (Managed by NICO Pension Services)
Protect and grow your child’s inheritance with the Minors Trust. This trust fund safeguards financial assets until your child reaches adulthood. It covers:
- Education and Medical Needs: Funds can be used for essential expenses during childhood, especially for children with special needs.
- Long-Term Asset Protection: Funds are securely held until your child reaches a specified age, ensuring they receive the support when they need it most.
Ideal for compensation awards, pension-related benefits, or securing family wealth, the Minors Trust is administered in collaboration with trusted legal guardians.
2. Child Saver Policy (Offered by NICO Life)
The Child Saver Policy helps you systematically save for your child’s future education and life milestones. Suitable for children aged 1 day to 15 years, this policy offers:
- Flexible Savings Terms (6-21 years) with tax-free lump sum payouts upon maturity.
- Bonus Accruals: Grow your savings with added bonuses over time.
- Security for the Unexpected: In case of the policyholder’s death, NICO ensures your child’s future remains secure.
This policy is perfect for parents and guardians committed to building a strong financial foundation for their children.
Flexible Savings & Investment Solutions for Family Well-being
3. Cash Plus Policy (NICO Life)
Achieve disciplined savings with the Cash Plus Policy. Designed for long-term growth, this policy helps you accumulate wealth through regular premiums and bonuses. Key benefits include:
- Flexible Terms: Choose between 12 or 20-year plans.
- Bonus Payouts: Enjoy periodic bonuses every 3 or 5 years.
- Financial Protection: Your beneficiaries receive payouts in case of your untimely passing.
This plan is ideal for parents looking to create a stable financial future that can support their children’s evolving needs.
4. Zonse Savings Plan (NICO Life)
The Zonse Savings Plan offers both savings growth and life cover. It’s perfect for families seeking flexibility and security, featuring:
- Partial Withdrawals: Access up to 50% of your savings after the first year.
- Life Cover Protection: Secure your family’s future, even when life takes unexpected turns.
- Simple Enrollment: No medical exams required.
Designed to support expenses related to education, healthcare, or other family goals.
5. Private Wealth Management (NICO Asset Managers)
Turn your dreams into reality with Private Wealth Management. This personalized service helps you manage your finances effectively to achieve goals like:
- Education Planning: Strategically grow funds for your child’s schooling and university.
- Legacy Building: Create a financial legacy that lasts for generations.
Our expert financial advisors work closely with you to create strategies tailored to your family’s aspirations.
6. Trust Fund Management (NICO Asset Managers)
Ensure your child’s financial security with Trust Fund Management. NICO assists with:
- Trust Setup and Legal Documentation to protect your child’s assets.
- Professional Investment Management to grow the trust according to your goals.
We provide peace of mind knowing that your wealth is managed responsibly for your child’s benefit.
Compare Our Products
| Product | Target Age | Term Length | Key Features | Payout Options | Best For |
|---|---|---|---|---|---|
| Minors Trust | <18 | Until maturity | Asset protection, trustee oversight | Disbursement at maturity | Inheritance & legal compensation |
| Child Saver Policy | 1 day - 15 years | 6 - 21 years | Bonus growth, flexible premiums | Lump sum upon maturity | Education savings |
| Cash Plus Policy | 18 - 55 years | 12 or 20 years | Bonus payouts, death benefits | Periodic & final payouts | Long-term savings discipline |
| Zonse Savings Plan | 18 - 60 years | 5 - 20 years | Life cover, partial withdrawals | Lump sum, flexible withdrawals | Flexible family financial planning |
| Private Wealth Management | N/A | Customized | Personalized investment strategies | Based on financial goals | High-net-worth family planning |
| Trust Fund Management | N/A | As per trust terms | Legal support, professional management | Trust-specific disbursements | Long-term wealth protection |
Real-Life Scenarios: How NICO Helps Families Thrive
- Education Planning: Sarah opened a Child Saver Policy for her newborn. By the time her child turned 18, she had enough saved for university tuition without financial strain.
- Securing Inheritance: After receiving compensation following a family tragedy, John set up a Minors Trust to ensure the funds would support his children’s future education and living expenses.
- Growing Family Wealth: Mwansa, an entrepreneur, diversified her assets with Private Wealth Management, ensuring both business growth and financial security for her children.
Secure Your Child’s Tomorrow, Today
Your child’s future deserves thoughtful planning. At NICO Group, we provide the tools, expertise, and personalized support to help you build a secure, prosperous future for your family.
Ready to get started? Contact us today to explore the best financial solutions for your child’s well-being.