Education Insurance
Interesting Read
An education insurance policy is designed as a savings tool which pays a lump sum to cover your children when they reach 18 years or above, and about to join the university. The money paid out is meant to cover their university education.
Benefits of Education Insurance
Who benefits
Benefits the child in case of the death of a parent. The policy continues to provide for higher education expenses of the insured.
What is covered
The education expenses of the insured.
Requirements
The following document will be needed for the policy application:
- Fully filled application form containing all details of the child.
- Birth certificate
Why work with us
We ensure protection of your cover and savings that allows you to prepare for the cost of education of your child.
Education Insurance Highlights
What are the primary considerations in designing your cover
Type of school
Agree on the type of school you want for your child, public or private.
Duration of cover
Consider the time between when you start paying for the cover and reimbursement.
Type of curriculum
Settle on what curriculum you want for your child, local or international.
Payment options
Consider if the policy allows premium payments monthly, quarterly or annually for flexibility.
Budget
Here we put all the numbers together and agree on what is pocket friendly.
Affordability
Consider if the policy can still accommodate your cover in case of loss of a job or changes in your income.
Claims & Claims Processing
Our role as Insurance Agency
We stand in the middle to ensure the payment process upon maturity is expedited for the convenience of our client.
Your role as our client
Ensure that your premiums are paid in time and up to date.