Education
Child Education Protection Scheme Launched In Rivers
The Leadway Assurance Company Limited, has launched the group’s Education Protection Plan Scheme in Port- Harcourt.
The scheme which was launched in partnership with Association of Parents of Private School Students(APPSS), applies to parents, pupils and students in private nursery, primary and secondary schools in Nigeria.
Speaking at the launch held at Eliud International Schools, Port Harcourt, Head Life Retail, Leadway Assurance Company, Mr Bolorunduro Saliu, said the life insurance policy was designed to guarantee the continuation of a child’s education should anything happen to the parents, guardian or sponsor of the child’s education.
‘’The whole intention is to have a solution for parents in protecting the education of their wards even at death, Bolorunduro stated”.
The sum assured under the education protection Plan Scheme is N200,000 or agreed multiple but the amount becomes payable annually upon the death of the policy holder, for the outstanding duration of the current educational programme, he explained.
Continuing, the cost of premium is N1, 800/per year and alternatively, it can be paid N600/per term while the minimum policy term is one year, the maximum policy term is 20 years.
On his part, President, Association of Parents of Private Schools Students, Dr Ovy Chukwuma, said with the partnership, parents will not need to worry about losing their money as the association will secure their investment.
Chukuwuma said, “as a corporate body standing in the gap for parents, we have a Memorandum of Understanding (MoU) take with Leadway and there are undertaking that legally empower us to protect parent’s investment, I assure and call on parents to take advantage of the educational scheme which has very affordable premium.
Chukuwuma further stated that their Child Education Promotion and Protection Ambassadors ( CEPPA) which is an APPSS pet project will involve about 10,000 CEPPA to drive the programme nationwide and called on CEPPA ambassadors to embrace project for the uninterrupted growth of their children’s education.
By: John Bibor
Education
PIDOMSON UNVEILS RADICAL EDUCATIONAL BLUEPRINT DIALOGUE
Education
Abia Student Breaks Down in Tears, Wishes Late Father Witnessed International Debate Victory
Education
PAMO MEDICAL UNIVERSITY -Nullifies Arrest warrant on VC
-
Opinion4 days ago
Ancestorial Worship: My Take (1)
-
Education23 hours agoPAMO MEDICAL UNIVERSITY -Nullifies Arrest warrant on VC
-
Niger Delta23 hours ago
PANDEF Seeks 50% Oil Derivation Allocation Increase
-
Rivers22 hours ago
Don Seeks Repositioning Of Tech Education For Dev
-
Education23 hours agoIAUE MOVES TO END GHOST WORKERS SYNDROME AS 400 NEW NON-TEACHING STAFF UNDERGO MANDATORY ETHICS TRAINING
-
News1 day agoFresh Ebola Scare As NCDC Records Two Cases
-
News1 day ago
Customs Partners EFCC, NDLEA, Others To Tackle Money Laundering, Terrorism Financing
-
News4 days agoFG Must Address Nigerians’ Concerns On Reforms -Shettima …Warns Against Misuse of AI, Social Media
