21 November 2019, Thursday

Education Insurance

Okula Devam Eğitim Sigortası

This includes the payment of educational costs determined in the beginning of each year in order to support the child to continue his/her education in the case that insured parent passes away or experiences full and permanent disability due to an accident.

*Annual Education Cost

TL

EURO

USD

2.500

a

a

a

5.000

a

a

a

10.000

a

a

a

15.000

a

a

a

20.000

a

a

a

30.000

a

x

a

You can choose one of our different plans according to your educational costs.

In addition, considering the increase in the Education expenses, you can determine a primary increase rate up to 10% in TLs or you can have your policy indexed to foreign currency (USD, EUR)

There are 2 coverage options:

1.            LIFE EDUCATION INSURANCE : Coverage against the risks of illness and accident

2.            PERSONAL ACCİDENT EDUCATION NSURANCE: Coverage against accidental risks

In the case that insured parent passes away or gets fully and permanently disabled;  determined annual educational costs are covered annually by Groupama Emeklilik for the rest of the years until the end of insurance period to ensure the student to continue his/her education.

Example:

When a 40 year old father chooses a 11 year insurance period to ensure his 7 year old son/daughter and in the case that  he passes away in the 4th year; educational costs* determined in the beginning of each year are covered Groupama Emeklilik.

* Parents between 18-60 ages or those who undertake the educational costs of the child (other relatives like grandmother, aunt, uncle) could obtain Insurance for Education Continuity for 0 – 24 year old children.

Payment Options:

You can pay your insurance premiums batch payment or pay monthly/quarterly/annually so as to complete in 3 years maximum.

Tax Advantage:

According to the current tax laws you can have the advantage to have a decrease of in tax base in your insurance primaries.

 






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