What is Elimika Education Insurance Cover?
Invest in your child's education with our Elimika Education Insurance Cover which gives you a perfect vehicle to create and accumulate funds for your child’s education. However, upon maturity, it can also cover the parent against death, permanent disability, critical illness, personal accident and funeral expenses.
- We guarantee access to all your savings upon maturity
- Flexible premium payment plans
- You are entitled to tax relief of 15% of your premiums
- Our savings plan comes with a life cover benefit
This is a product designed to save school fees for a child by providing anticipated contributions during a pre-specified term of the cover. A maturity benefit is paid to the insured at the end of the policy term.
The amount you pay as premiums are determined by your goal and affordability.
When you pass on before your savings period expires, we'll pay the remaining premiums on your behalf and still pay for your child's fees on maturity.