Protect your child's education and lifestyle today.
Your child's education is more than school fees, it's their lifestyle, opportunities and future.
The Global Education Protector helps protect education costs at every stage, from crèche through to tertiary studies.
What is the Global Education Protector?
Discovery Life's Global Education Protector (GEP) is a life insurance product that secures your children's education costs from crèche through to university, locally or internationally. It covers the actual cost of education if you or your spouse passes away, becomes disabled, or suffers a severe illness. Additionally, by actively managing your health and wellness, you can fund up to 100% of your child's tertiary tuition if you don't claim
Did you know? You can tailor the Global Education Protector to suit your needs. Here is what we offer:
You can choose your cover option:
- Disability, severe illness, and death
- Severe illness and disability only
- Death only
Both you and your spouse can be covered
Choose between our Core or Private benefit options, which provide the same key benefits to ensure your children's education needs are protected, but with different benefit maximums.
Vitality members may qualify for the University Funder Benefit, which covers up to 100% of tertiary tuition fees on the Private option and up to 50% on the Core option, subject to a maximum rand limit.
How does the Global Education Protector pay out?
Making sure your children have all the necessary resources to excel in their education is key in our ever-competitive world. The Global Education Protector provides an annual lump-sum payout when you claim, to help with the cost of:
Uniforms
Stationery and textbooks
Technology such as laptops and iPads
Tutoring and extra lessons
Transport
School trips
Discovery Life Limited, registration number 1966/003901/06, is a licensed life insurer, and an authorised financial services and registered credit provider, NCR registration number NCRCP3555. Product rules, terms and conditions apply. Payouts are subject to limits set by Discovery.