Thursday, 21 May 2015

Children Education Plan

Every Parent’s joy is in ensuring that their Children get quality education and turn out great in future.
AIICO Insurance Plc offers two education policies to meet these needs.
  • Children Education Plan (CEP)
  • Education Legacy Assurance Plan (ELAP)

 

Children Education Plan
This is an education endowment plan that provides for annual sum of 12% of sum insured towards the education of the named child in the event of death or permanent disability of the policyholder up to the maturity date.
Features of CEP
  • At death or disablement of the policyholder, future premiums are waved.
  • An annual income of 12% of the sum assured will be paid to assist in the education of the named child to maturity date of policy.
  • Returns of premiums paid in the event of death of the named child.
  • Payment of lump sum at maturity to the named child.
  • Policy is tax exempt.
for enquiries call 07067916243

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