Education Insurance Plan

What is an Education Plan?

An Education Plan is a life insurance product that helps parents and guardians save systematically for their child’s future education, while also offering financial protection in case of untimely death or disability.

It pays out a guaranteed amount at key milestones in your child’s schooling , and continues to pay even if you’re no longer around to make the contributions.

Key Features of the Royal Prestige Education Plan

• Guaranteed Payouts: Receive lump sum benefits at specified school or university stages

• Flexible Premium Terms: Choose the premium payment period  based on your goals

• Tax Relief: Enjoy tax benefits on your premiums under Kenya Revenue Authority guidelines

• Bonuses: Earn annual bonuses that grow your savings depending on company performance

• Early Payout Option: Get partial payouts to match different academic levels (e.g., Form 1, university entry)

Benefits of Choosing an Education Policy

1. Peace of Mind
   Your child’s education is secured, even if something happens to you.

2. Financial Discipline
   Structured savings help you stay committed to your long-term goals.

3. Growth Potential
   Your policy grows with time through guaranteed returns and possible bonuses.

4. Customised Planning
   Choose the policy term and payment frequency (monthly, quarterly, annually) that suits your financial situation.

Who Is It For?

This plan is ideal for:

• Parents and guardians with young children

• Relatives or sponsors saving for a child’s education

• Anyone wishing to gift a lasting legacy through education