The Custodian Tuition Protection plan is designed to guarantee the education of pupils and students in the event of death or total permanent disability as a result of accident of the parent/guardian/sponsor. It also provides protection in the event of the parent/guardian/sponsor contracting a named critical illness (as defined in the policy) and limited redundancy. The plan can only be arranged on a group or individual basis. The plan is open to students in Nursery/Primary, Secondary and Tertiary Institutions.
- A yearly renewal contract
- Arranged on the lives of parents/guardian/sponsor responsible for paying the tuition fees of the child for the benefit of the child
- When on group basis, it is compulsory for all students in the participating Schools
- On the happening of any of the insured events, the policy trust fund takes over the payment of the child's school fees in line with the policy conditions
- Medical benefits
- Illness/injury benefits