Educare Plus

Life » Educare Plus» Overview

Overview


The policy provides 5 annual benefit payments, during the last five years of the policy term, which is to be used to cover the education expenses of the policyholder's child.

Features 

  • Minimum and maximum age entry is 18 and 60 years
  • Minimum and maximum term is 7 and 18 years
  • Minimum  and maximum premium is ¢20.00 and ¢1,000

Benefits

  • Death Benefit paid to beneficiary when policyholder dies or policy expires.
  • 50% of sum assured paid to policyholder when named beneficiary dies
  • Premium waived  If policy holder dies or becomes permanently disabled
  • Investment Value – Policy acquires cash value after 12 months.
  • Full cash value without penalty is paid after 10 years of policy inception
  • 50% of full cash value paid once a year
  • Hospitalization Benefit is payable after a minimum of 3 days stay in a hospital.
  • Cash Bonus 

Enterprise Life Educare Plus Plan

Enterprise Life Educare Plus Plan