Educator

If you die or become disabled, Liberty Life will take care of your children’s education – from pre-primary school right through to the completion of their first undergraduate degree.

Educator

  • Provides for the ongoing education of children in the event of their parent’s death, or permanent disability
  • Must be selected along with a core Lifestyle Protector benefit

Entry ages:

  • Min: 15 next birthday (Level and Renewable)
  • Min: 20 (Age Rated)
  • Max: 60 next birthday

Child beneficiary

  • Min: newborn
  • Max: 18 next birthday

Allowances:

Tuition allowance, which includes:

    • Special needs enhancement
    • International study
    • Supplementary allowance
    • Achievement allowance

Lives assured:

The first death and/or disability of the PLA and/or the spouse.

The spouse need not have any other benefits.

Compulsory annual increases:

Based on education inflation.

Benefit ceases:

  • Disability: Contract anniversary prior to the life assured’s 65th birthday
  • Death: Whole of life

Payment per child beneficiary will cease on the earliest of:

  • The end of the academic year in which the child beneficiary turns 24
  • The end of the child beneficiary’s education
  • The death of the child beneficiary