Education Protector
Education is the fundamental building block of every child’s future. That’s why EduX’s unique Education Protector ensures that your child’s tuition fees are taken care of should you or your life partner pass away.
This innovative product not only covers pre, primary and high school education, but any SAQA-approved qualification up to a five year degree. We’re passionate about helping your children fulfill their dreams, whether it is to be a world famous chef, jet-setting pilot or life saving doctor.
The EduX Education Protector is payable on your passing, or you may add your partner as a second insured life, which will then allow the Education Protector to pay out on the death of either insured life
Don’t forget to check out our additional features!
Smart
Premium
Elite
Pre-Primary
R 15 000
R 25 000
R 45 000
High School
R 25 000
R 35 000
R 60 000
Varsity
R 35 000
R 45 000
R 60 000
Plan Options
There are three options to choose from depending on your needs. Each option was designed to cover your child during various stages of his/her educational journey
More Benefits
X – Allowance
You have the option to increase your selected Plan Option should the cover amounts not be sufficient.
You could also use our X-Allowance to provide for other expenses like pocket money, accommodation or school tours.
X- Features
Included with every policy
These are additional payouts that the EduX will make to the nominated child(ren), in the event that the insured life passes away. These payouts will continue to be paid irrespective of whether the child studies post matric.
Plan Option
Smart
Premium
Elite
Age 21
R 10 000
R 15 000
R 25 000
Age 18
R 25 000
R 50 000
R 100 000
Cover Conversion
Included with every policy
Your Education Protector Policy will automatically convert to Life Cover at the end of the year in which your child turns 23.
This option is also available at the end of the year in which your child turns 18 and decides not to continue with his/her studies
The Life Cover amount will be provided on quote stage and will be displayed in the Policy schedule.
Retirement Enhancer
Included with every policy
Our Retirement Enhancer will pay a cash amount, if there were no claims on the policy, at the end of the policy term.
The value will be calculated for each client individually and will be available in the Policy Schedule.