As time goes by, the cost of quality education for your child increases. A child’s education is a long-term commitment that can stretch over 12 or even 15 years, should they choose/qualify to further their studies. To finance this investment our Educator Plus cover, unlike our Education Cover, is designed on fixed investment terms ofbetween 8 to 20 years, however you begin receiving partial amounts at the beginning of each of the last four years of your investment term, with a final lump sum once the term matures.
Features & Benefits
It is for terms of 8, 10, 12, 14, 16, 18 & 20 years.
- The Minimum premium amount is Kshs. 1, 000.00 and minimum sum assured is Kshs. 100,000.00
- Premiums can be paid monthly, quarterly, bi-annually or annually.
- Partial benefits are payable at beginning of each of the last four years
- At maturity sum assured or policy value, whichever is higher is payable.
- You have access to Loan benefits after three years.Additional benefits available include; Personal accident and waiver of premium.