Taleem - Education Plan

It is the dream of every individual to see their children achieve excellence in all fields of life. To make this dream a reality, parents ensure that their children receive the best education which will equip them to face the challenges of life. It is an important part of future planning and parents wish to invest money which will grow and provide the financial assistance at the time when the child is heading to college. Since college education is expensive, parents want to make sure that even in case of their untimely absence (death or disability) their child may successfully complete college education. Understanding the needs of the parents to fulfill this responsibility, Adamjee Life has designed the Children’s Education Plan.

This is a long term investment plan designed to enable the individual to start saving from an early age for the responsibilities which he will have to fulfill in the future. The premiums are paid on a frequency which suits him i.e., monthly, quarterly, semi-annually or annully. The minimum investment amount is as low as Rs. 8,000 and the individual has a choice to add a booster in the investment anytime during the term of the plan. These premium payments (along with the investment boosters) are invested in professionally managed funds to optimize the returns and allow the money to grow so that financial requirement arising when the child has to go to college can be easily met. Bonuses are also allocated to customers who continue the plan for a longer period.


On accidental death or permanent and total disability by accident of the insured person during the in-force term of this rider, the rider sum assured is payable. Premiums for this rider are not subject to the premium escalation clause and are payable throughout the term of cover.

Minimum Entry Age 18 Years
Maximum Entry Age 60 Years
Cover Expiry Term 70 Years
Minimum Sum Assured Rs. 300,000
Maximum Sum Assured Rs. 5 million

On death or permanent and total disability of the insured person during the in-force term of this rider, a fixed monthly amount is payable to the beneficiary for the remaining term of the rider. The maximum amount of monthly income benefit is the lower of 50% of the annual basic premium and 50% of the insured person’s average monthly salary over the last 12 months.

Minimum Entry Age 18 Years
Maximum Entry Age 55 Years
Cover Expiry Term 60 Years

On Death of the insured person, Adamjee Life will pay the initial (un-escalated) basic premium for the remaining term of the rider. Cover is available for different terms. Premiums for this rider are not subject to the premium escalation clause and are payable throughout the term of cover.

Minimum Entry Age 18 Years
Maximum Entry Age 55 Years
Cover Expiry Term 60 Years

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