Get a guaranteed minimum of up to half of your children's tertiary tuition fees funded while comprehensively protecting their lifestyle globally, through the Child Protection Offer, from a net effective monthly premium of only R290*.
Ensure your child's lifestyle and education is protected no matter what happens
In today's competitive world, ensuring your children have all the resources they need to thrive is essential. By combining the Global Education and Child Protector Benefit you can rest assured that your children's lifestyle is comprehensively protected against relevant severe illnesses and trauma events at leading global centers of medical excellence. Their education will also be covered globally, from crèche to university, if you or your spouse suffer a life-changing event, while the University Funder Benefit allows you convert your health and wellness management through the Vitality program into funding for up to 100% of their tertiary tuition fees, subject to maximums.
Get up to half of your children's future tertiary tuition fees immediately funded
To ensure that your children's lifestyle and future are comprehensively protected, you could qualify to get a guaranteed minimum of up to 50% of your children's tertiary tuition fees funded through the University Funder Benefit when you take out both the Global Education and Child Protector Benefits (with a sum assured of at least R1 million, including the Cover and Financial Integrator Funds). The guaranteed percentage is based on your child's age when they take out the Benefits and on the option selected, as set out in the table below.
|MINIMUM PERCENTAGE OF TERTIARY TUITION FEES COVERED|
|Child's age at inception||Private||Core||Number of years funded|
|Below the age of 5||50%||25%||3|
|From 5 to 9||40%||20%||2|
|From 10 to 12||40%||20%||1|
|13 or older||Not applicable|
By engaging in Vitality each year, you can increase the percentage of your children's tertiary tuition fees that are funded to up to 100%, subject to maximums.
Make sure your families needs are covered. Take advantage of this limited offer, valid from 1 March to 30 June 2019
Want to find out more about this offer? Contact your financial adviser.
*Net effective premium taking PayBacks of 50% into account with the Triple PayBack offer. Principal and spouse aged 30 next birthday. Comprehensive Health and Bank Integrated Life Plan; AcceleRater funding pattern and taking PayBacks of 50% into account through the Triple PayBack offer, education inflation 8%.
Discovery Life Limited. Registration number 1966/003901/06, is a registered long-term insurer, and an authorised financial services and registered credit provider, NCR Reg No. NCRCP3555. Product rules, terms and conditions apply.
Regularly getting up to half of your Discovery Life insurance premiums back and major discounts on your premiums requires you to stay healthy, says David Watterson, one of Discovery?s financial advisers.
Four-by-four off-road vehicle enthusiast, Durban-based Morgan Naidu, 57, is the first to admit he needs to shift into a higher gear with his Discovery Life policy and his Discovery Vitality membership.