THE RICH GUARDIAN

An educational policy with in-built maintenance allowance that

guarantees a child’s education.

This is a special policy designed by our team of experts to ensure not only the proper

education but also the maintenance of the child in the event of premature death of the provider.

In the conventional children’s educational policy, even if the provider dies during

the term of the insurance, the Sum Assured is paid only at maturity. What happens

to the child’s maintenance between the time of death and maturity? This is where our

Rich Guardian Policy has an edge.

How the Policy works

• At maturity, the policy proceeds (Sum Assured) will be used to pay for the anticipated

school fees of the child instalmentally. Alternatively, a discounted lump-sum payment may be made.

• If the policyholder (parent or provider) dies whilst the policy is in force:
1. All future premiums will be waived and the policy regarded as fully paid.

2. An annual income of 2% of Sum Assured will be paid for the maintenance of the

child until the maturity of the policy.

3. At maturity date of the policy, the Sum Assured and bonus will be paid to enable

the child continue his or her education.

• If, however, the child dies before maturity of the policy, all premiums paid will be refunded.

In the alternative, the parent may use the policy for the benefit of another child.