Fund Credit– The plan allows you to save for a period of time with an assurance of capital preservation and guarantee of growth. The education savings fund grows as you continue to save towards the targeted education goal amount. Equity Life Assurance Kenya Limited guarantees a 4% growth per year.
Life Protection– Within our education plan, we provide a life protection cover to ensure the targeted child education goal is achieved at any one time. In the unfortunate event of your untimely demise, the education of your child or children will not be at risk as the solution will ensure that the targeted education goal amount is paid as a benefit. The same protection is also provided in the event that you are permanently and totally disabled and thus, may not be able to continue to save towards your child’s education.
Optional Life Cover– The solution allows you to take additional life protection that provides a benefit in the event of your demise and also permanent and total disability. This can be used to augment the education plan or further protect your family from financial strain.
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