Education bonds fulfill parental aspirations for their children's future while offering tax-efficient investment options. The rising cost of private education drives parents to seek effective funding alternatives.
Education bonds strike a balance between an investment product and a life insurance policy. Regulated by APRA and the Life Act, these bonds can be acquired through specific institutions. The focus here is on their educational use, but they also provide valuable life insurance benefits.
Bondholders can designate beneficiaries who receive benefits directly, bypassing the estate and will directives, offering greater flexibility compared to life insurance through superannuation.
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