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All You Need To Know About Our Product
Education Protector
We Pay out all of your child's educational Costs from pre-school to a 5-year degree directly into the institution.
X-Features
These are additional payouts that the EduX will make to the nominated child(ren), in the event that the insured life passes away. These payouts will continue to be paid irrespective of whether the child studies post matric.
Cover Conversion
Your Education Protector Policy will automatically convert to Life Cover at the end of the year in which your child turns 23.
This option is also available at the end of the year in which your child turns 18 and decides not to continue with his/her studies
The Life Cover amount will be provided on quote stage and will be displayed in the Policy schedule.
Retirement Enhancer
Our Retirement Enhancer will pay a cash amount, if there were no claims on the policy, at the end of the policy term.
The value will be calculated for each client individually and will be available in the Policy Schedule.
FAQ
Will the policy only pay out on death?
Yes, the policy is designed to pay out on your passing to protect all your child's educational costs, from birth up to age 23.
What happens when I don't claim on my policy after my child's studies?
Your Education Protector policy will automatically convert to Life Cover for yourself.
Yes, the policy is designed to pay out on your passing to protect all your child's educational costs, from birth up to age 23.
Your Child may take a year off before starting with their studies, our policy pays up to a five year University degree.
Is the retirement Enhancer a savings option?
No, the Retirement Enhancer rewards you for keeping your policy up to age 65. There will be no cash payouts before this stage.
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