Investing in our children means investing in a brighter future. From providing them with the best education to shielding them from all difficulties, every parent is making efforts to secure their child’s future. Quality education and personal development are essential elements of disciplined upbringing and under no circumstances should these be compromised upon. With EFU Life Buy Now’s Education Continuation Plan, surviving parent can continue sending their child to school after death or disability of the earning parent. When tragedy befalls and income source is cut, EFU Life provides a regular stream of payments to policyholder’s beneficiary so that the child’s educational expenses are covered without compromise. These payments are received every month for one year after death of the policyholder; or in case of permanent, total disability due to accident.
EFU Life Buy Now’s Education Continuation Plan pays the sum assured in equal monthly installments for one year after death of the policyholder; or in case of permanent, total disability due to accident. The monthly installments are intended to cover school fees of children of the policyholder.
After the policyholder's death, EFU Life provides equal monthly payments to the beneficiary for one year. These payments are intended to cover the child's educational expenses, maintaining their access to quality education.
Yes, EFU Life's Education Continuation Plan offers flexibility to tailor a cost-effective plan based on your individual needs. You can choose between various monthly payout options to match your requirements.
No, you can subscribe to the Education Continuation Plan without undergoing any medical tests. EFU Life Buy Now's seamless subscription process ensures a hassle-free experience.
The waiting period for the Education Continuation Plan is 30 days from the subscription date. During this period, the plan's benefits are not applicable.
Yes, you have a 14-day cancellation privilege from the subscription date. If you choose to cancel the plan within this period, you will receive a full refund.
To subscribe to the Education Continuation Plan, select the appropriate monthly benefit and provide the necessary information online. Choose your payment mode, review your data, and complete the subscription process. Your policy documents will be delivered to you either via email or at your doorstep.