ROYAL INSURANCE CORPORATION OF BHUTAN LIMITED
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.

The returns are also perfectly timed with the age of your child when they will need these finances.

BENEFITS
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Protection

Tax Rebate Icon

Tax Rebate

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Survival Benefit

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Premium waiver upon death

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Term rider benefit

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Eligibility
  • Parents/Guardian Age: 18 – 60 years
  • Child’s Age: 0 – 10 years
  • Minimum Sum Assured Nu.100,000 Maximum Sum Assured Nu.3,000,000
  • Surrender: Conditions apply
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Benefits
  • Survival Benefit: 30% of SA on attaining an age of 16 and 17.
  • Maturity benefit: 40% of SA plus Guaranteed Additions.
  • In event of demise of the life assured, sum assured becomes payable together with guaranteed additions.
  • If the proposer passes away, Term Rider Benefit is Paid with future premiums waived.
  • 50% Tax Rebate
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