The plan

Super Education Provider Policy is a plan in the NIC Ltd. Life Provider series, specially designed for providing parents with financial support for their children’s education.

Benefits

Option 1. Kinder Super Education Provider

On maturity of the Policy, the sum a assured and accrued bonuses are paid by instalments over a 7 year period to provide fess for primary Education. In case of death of parent/guardian during the policy period, premiums are waived and benefits paid on the stipulated date of maturity.

Option 2. Junior Super Education Provider

On maturity of the Policy, the sum assured and accrued bonuses are paid by annual instalments over a 6 year period to provide fees for Secondary Education. On death of the parent/guardian during the policy period, the premiums are waived and the policy period, the premiums are waived and the policy continues to maturity.

Option 3. Senior Super Education Provide

On maturity, the plan plays the sum assured and accrued bonuses by annual instalments over a 3 year period to provide fees for University Education. In case of death of parent/guardian during the policy period, the terms and benefits are as per option No.2.

Option 4. Combined Super Education Provider

Option four is basically a combination of No. 2 and 3. The plan offers sum assured and bonuses over a 9 years period to provide fees for Secondary and University Education

OTHER LIFE PRODUCTS WHICH CAN BE ARRANGED ON REQUEST ARE AS FOLLOWS:-

(a). Medicare Insurance

(b). Pensave Scheme

(c). Super Life Provider

(d). Flexi Life provider 9 years
anticipated Endowment 15 years

(e). Funeral Cash Policy (or Rider)

(f). Term Assurance

(g). Whole Life

(h). Group Life and Pension