Job Description
We understand that giving your children an education is a priority. That’s why we’ve designed the Flexi Educator Plus solution. Start saving for your children’s education so you can have peace of mind. Waiver of Premium Benefit on accidental or non-accidental death, permanent and total disability, and first diagnosis of a critical illness Save and earn with guaranteed benefits/payouts
Cash benefit payable on:
- Non-accidental death (value of the sum assured)
- Accidental death (two times the value of the sum assured)
- Disability caused by an accident (the payout is a variable amount of the sum assured based on the severity of the disability)
- First diagnosis of a critical illness (50% of the sum assured)
FlexiEducator Plus policy term can vary from 9 to 20 years depending on your financial plan. Premiums are predetermined and fixed based on what you choose. The policy has a 15% tax relief benefit that the life assured will enjoy. The policy maturities are guaranteed. Compulsory benefits (riders). Maturity Benefits. Four partial maturities of 25% of the sum assured are paid out in four equal annual instalments before maturity. And at maturity, 100% of the sum assured will be paid.
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