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We all need to make our child’s dreams come true. Sound education is an asset and foundation for your child’s bright future. Plan ahead with us through primary/ secondary education and beyond. We can help you to lay down the proper groundwork that your child needs to meet future challenges.
The cost of education is escalating yearly. The need to access higher education and the associated expenses will put financial strain on you and your family. This is why it is important to start planning for your child's education early, because the sooner you begin, the more time you allow your money to grow. Edukate Plan will help provide the funds needed by your child to pursue further education and assure that whatever happens in the future, your child will still have the means to pursue their goals in life.
How does Edukate Plan benefit your child?
What we offer is a unique plan that helps fulfill these dreams, as well as, a comprehensive insurance cover for both you and your child. Even in your absence, the Takaful Fund will support your child's education, providing financial assistance to ensure your child continues studies with ease.
Benefits of Edukate Plan
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Flexible terms for your convenience –obtain a cover of your choice from a minimum of 10 years to a maximum of 18 years.
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Enhanced personal accident covers –enhanced by 5 times.
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Comprehensive critical illness cover.
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Additional family protection cover (Family Rider) –enhanced 5 times to provide a cover for the spouse and child of the participant in the event of hospitalisation.
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Waiver of installments in the event of total disability.
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During an emergency – you are allowed to withdraw 50% of savings (after 5 years) or 70% of savings after 8 years.
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Claimable against taxable income.
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Profits will accrue on savings.
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A cover incase of death – by accident or natural causes.
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A hospitalisation cover of LKR50,000/- for the participant’s child.
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