Millennium Education Scheme (III) with GA Icon

Millennium Education Scheme

Free education is only up to high school. If you want your child to go to private school/college the Millennium Education Scheme provides a perfect opportunity to start saving for your child’s college education and more. And the returns are perfectly timed with the age of your child when he/she will require these finances. 

BENEFITS
Protection Icon

Protection

Tax Rebate Icon

Tax Rebate

Survival Benefit Icon

Survival Benefit

Premium waiver upon death Icon

Premium waiver upon death

Term rider benefit Icon

Term rider benefit

Eligibility Page default image
Eligibility
  • Parents/Legal Guardian
  • Parents/Guardian Age: 20 – 50 years
  • Child’s Age: 0 – 10 years
  • Sum Assured: Nu 30,000 – 1,000,000
  • Loan: Ineligible
  • Surrender: After 3 years of the premium payment
BENEFITS Page default image
Benefits
  • Monetary Returns of 20% of Sum Assured from 18th, 19th , 20th, 21st & 22nd year
  • Guaranteed Additions on 23rd year
  • Term Rider Benefit
  • Premium Waiver in the event of untimely demise of proposer
  • 50% Tax Rebate
Proposal Checklist Claim Checklists Claim Forms Others

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