Education Insurance
It enables one to meet the needs of children’s education, deposits on future mortgages and for many personal or family needs which cannot be met immediately on one’s current income. A policy holder periodically invests some money and gets paid out of the total sum assured at the end of the policy with profits accrued. In the event of death or permanent total disability to the policy holder, the total sum assured can also be paid out to the policy holder or beneficiary therefore insuring the financial security of the individual/family.
