WHY WAS EDUCARE CREATED?
With the economy growing and tuition fees hiking, it’s becoming more and more crucial to think about our children’s future. It is now possible to plan ahead with “EDUCARE“ from LCB and AXA Middle East.
YOU WILL BE COVERED IN CASE OF:
Option 1: Death [natural and|or accidental]
Option 2: Death [natural and|or accidental]
Total Permanent Disablement [Accident and Sickness|any occupation]; Passive
War Risks [Death and TPD]
IF YOU’RE BETWEEN 20 AND 55, YOU WILL BENEFIT FROM:
Alternative 1:
School fees: USD 1,000 per year for a maximum of 15 years (until graduation)
University fees: USD 4,000 per year for a maximum of 3 years
Alternative 2:
School fees: USD 2,000 per year for a maximum of 15 years (until graduation)
University fees: USD 6,000 per year for a maximum of 3 years
| Coverage: |
|
|
|
| Death, TPD, PWR |
Insured Age |
Child’s Grade |
Monthly Premium |
| Alternative 1 |
31-35 |
8ème |
6.00 $ |
| 36-40 |
6ème |
7.00 $ |
| Alternative 2 |
31-35 |
8ème |
8.50 $ |
| 36-40 |
6ème |
10.00 $ |
THE BENEFITS OF THE “EDUCARE” PLAN ARE:
Monthly payment
One repeating year allowed for school only
Termination age is 65
TO APPLY, SIMPLY
Visit the nearest LCB branch
Select the option that fits you
Fill a simplified questionnaire at the bank
Pay a reasonable monthly premium that will be automatically transferred from your account
