Super E Education Plan – Britam’s Premier Education Solution

The Super E Education Plan is a specialized education insurance policy offered by Britam Insurance, one of Kenya’s leading financial services groups. This plan is designed as a combination of insurance protection and savings that allows parents and guardians to arrange for the cost of education in advance. The plan is risk-free and provides continuous savings with each premium you pay, with benefits categorized into three main areas: savings, investments, and protection benefits.

The plan can also function as a savings vehicle, with life insurance benefits added automatically as a bonus for simply saving.

Now, let us look at the key features and benefits of the Super E Education Plan.

 Key Features of Super E Education Plan

 Core Benefits of Super E Education Plan

1. Dual Purpose: Education Savings + Life Protection

The Super E plan serves two critical functions simultaneously. First, it helps you save systematically for your child’s education. Second, it provides life insurance coverage at no extra cost – simply by saving, you automatically receive life protection benefits.

2. Guaranteed School Fee Payouts

One of the plan’s standout features is that it pays school fees for multiple consecutive years at an enhanced rate of scheduled benefits.

3. Final Maturity Lump Sum Payment

After the school fee payment period ends, the plan pays a final maturity benefit of a percentage of the sum assured. This lump sum can be used for university fees, postgraduate education, or any other purpose you choose.

4. Premium Waiver on Death or Disability

If the policyholder dies or becomes totally and permanently disabled during the policy term:

• Death cover is paid to the family

• Britam continues saving on your behalf – all future premiums are waived

• All future bonuses and maturity benefits are still paid when they fall due

5. Accidental Death Coverage

Accidental death coverage begins immediately from the policy start date.

6. Tax Relief Benefits

The Super E Education Plan qualifies for government tax relief on premiums paid, reducing the effective cost of the policy.

7. No Withholding Tax on Payouts

Unlike many investment products, Super E pays bonuses and maturity benefits directly into your account with no withholding tax. You receive the full amount – nothing is deducted for taxes.

 How Super E Works – An Example

Let us consider a parent who signs up for a Super E Education policy with a chosen sum assured:

1. Premium payment period: The parent pays monthly premiums over the chosen term.

2. Life protection: The parent’s life is protected with cover equal to the sum assured.

3. School fee payouts: Starting at a predetermined time, Britam pays school fees for multiple consecutive years at enhanced rates.

4. Final maturity: At the end of the policy term, the parent receives a lump sum maturity benefit.

If the parent remains healthy throughout the policy term, they receive all scheduled bonuses plus the maturity benefit – which can be used for school fees or any other purpose.

 Summary

 Conclusion

Britam’s Super E Education Plan offers Kenyan families a comprehensive solution for securing their children’s educational future. With guaranteed school fee payments for multiple years at enhanced rates, a final maturity lump sum, automatic life insurance coverage, and premium waiver on death or disability, it provides both savings growth and protection.

Choosing the right education plan requires understanding your child’s timeline, your budget, and the protection features that matter most to your family.

Let Annex Insurance help you navigate the Britam Super E Education Plan – compare benefit structures and customize a plan that fits your child’s unique education journey. Our team is ready to guide you every step of the way.

📞 Call us today: +254 724 547669
📧 Email us: info@annexinsurance.co.ke

Secure your child’s future with confidence. Reach out to Annex Insurance now.