Combine a savings and insurance plan to give your child the best education.
Save for your child’s education with affordable easy payments on a yearly, half-yearly or monthly basis. Flexible terms allow you to decide how much, how often and for how long you wish to save.
In case of your unfortunate death, the Sum Assured will be paid out to your beneficiaries immediately. The future premium on the policy will be waived till maturity of the plan.
In addition, the insurance company will pay 1% of the Sum Assured every month from the date of such event till maturity, which will help finance the school fees of your child.
EduCare from Orient Insurance is a combined savings and insurance plan, giving your child financial security for the future, and a range of features that make it easy to save with.
- Worldwide cover for GCC residents
- Flexible payment options
- Available in both AED and USD
- Plan term options from 8 to 30 years (can be taken up to the age of 70 years)
- Flexibility to take partial withdrawals
- Flexibility to take a loan against the cash value of your plan
- Add any of the following supplementary benefits:
Accidental death benefit
Permanent total disability due to sickness or accident
Permanent partial disability due to accident
Passive war risk cover
Disclaimer: The plans are distributed by NBAD and underwritten by Orient Insurance. As with most investments, the value of your investments can go down as well as up. It is suggested that you take independent financial advice before investing in the product. The information contained on this web page is intended for general consumer understanding only. NBAD is licensed by the Central Bank of the UAE. Other terms and conditions apply.