EduCator

The comprehensive EduCator is available when choosing any other stand-alone benefit on Lifestyle Protector. The benefit pays the costs associated with a child's education if you should become severely ill or disabled or die.

The benefit provides the following:

• Tuition fees, paid directly to the education institution

• Allowances for international study at an approved institution

• Supplementary allowance for other expenses associated with education, e.g. uniforms, stationery and textbooks

• Achievement allowance to reward a child that excels in a sport or cultural or other activity and represents a South African province

• Education for special needs if the child needs to attend an approved institution for the mentally or physically disabled

• Guaranteed cover for new-born babies

The benefit will cover your child until the end of his or her first tertiary degree.

Education Benefit

The Education Benefit is designed to assist with the cost of education for the policyholder's children in the event of the policyholder's death. It pays out on the death of the main life directly to the education institution.

You can choose a single month once per year to skip a payment without losing your cover, as described in the Standard Funeral Plan or the Comprehensive Funeral Plan . In addition, we'll pay you back five months' worth of premiums every five years, as described in the Standard Funeral Plan or the Comprehensive Funeral Plan.

Furthermore, when the child turns 18 and if the main life assured, for example, the parent, is still alive, 10% of the premiums are returned.

If the main life were to die, an additional 10% of the Education Benefit cover amount is paid that year and every school year thereafter to assist with additional school expenses.

EduCator is an add-on benefit to all of Lifestyle Protector's stand-alone benefits, such as life cover.

The Education Benefit is available on Standard and Comprehensive funeral plans.

The EduCator benefit forms part of Lifestyle Protector. The premiums paid for each benefit are based on the level of cover selected and your level of risk. Premiums are totalled across all benefits selected. In addition, each policy has a nominal policy fee.

The Education Benefit is available from as little as R30 per month.