“My education” program
“My education” program
Tamkeen Insurance Company offers insurance solutions for the children’s education in the school and university educational stages to guarantee a prosperous future for them by ensuring the continuity of education through the continuity of tuition fees payment in case of the family provider’s death, which may result in an inability to comply with the payments of educational installments.
Coverages and Limitations:
Under Tamkeen’s Children's Education Insurance Program, the company is committed to provide school and university expenses for the insured's children in case of death, according to the following:
- In case of death, the children's school and university expenses will be covered, with a coverage amount of $20,000, to be obtained by the beneficiary either in one payment or divided into annual payments for a period of 5 years commensurate with the school or university registration fees and installments.
- The minimum age of the subscriber upon acceptance to join the program is 18 years and the maximum age is 45 years.
Compensation Mechanism:
The company must be notified in-writing of the death of the insured within (90) days from the date of death, and the notification is accepted from the beneficiary or his/her legal representative. The death must be proven and the necessary documents shall be attached.
Insurance premium value: 200 shekels