There are many providers of education insurance, each offering various levels of cover. You can either shop around yourself for the best deals available online or contact your child’s school for a recommendation.
The process is fairly simple and will require you to choose a minimum duration of cover for the policy – often 5 years. This is why it’s important for you to have an idea in mind of the potential future prospects available to your child.
For example, if you live in an area of high unemployment, it may be worth paying a higher premium to guarantee a higher pay-out upon maturity – to cover the costs of your child relocating to a more prosperous area.
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The process is fairly simple and will require you to choose a minimum duration of cover for the policy – often 5 years. This is why it’s important for you to have an idea in mind of the potential future prospects available to your child.
For example, if you live in an area of high unemployment, it may be worth paying a higher premium to guarantee a higher pay-out upon maturity – to cover the costs of your child relocating to a more prosperous area.
HERE IS THE COMPANY
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