Did you know that there is a specific insurance that covers the school expenses of children and young people in case one or both parents or the legal guardian dies or has a permanent disability? AXA offers this education continuity insurance, and at Dylsi, we will gladly provide the details.
What is the AXA Education Continuity Insurance?
AXA Education Continuity Insurance is a life insurance policy that protects the continuity of students’ education in case of the death or absolute permanent disability of one or both parents or legal guardians. This insurance is specifically designed to cover school expenses, thus ensuring that students can complete their education without financial interruption.
What is the purpose of the AXA Education Continuity Insurance?
The main objective of AXA’s Education Continuity Insurance is to cover the cost of schooling for students from the time of an accident (death or absolute permanent disability of the insured) until the completion of their studies. This insurance is helpful to:
- Provide financial peace of mind to parents, guardians or legal guardians.
- Ensure that children continue their education without financial setbacks.
- Offer financial support to schools and parents’ associations, allowing them to offer an additional benefit to their students.
Education continuity insurance guarantees the future education of your children.
Who can take out AXA Education Continuity Insurance?
Education Continuity Insurance is available for two types of customers:
- Schools and AMPAs (Association of Mothers and Fathers of Students): These can promote insurance as a mandatory membership policy for all students, allowing for massive coverage.
- Parents or legal guardians: It can also be taken out individually, in which case membership is voluntary. This modality allows parents to insure their children independently.
Coverage of AXA’s Education Continuity Insurance
- Primary coverage: Death from any cause.
- Optional complimentary coverage: Absolute Permanent Disability for any reason.
- Additional services: They include health care, transport in the event of an accident, educational support (such as remedial classes), and coverage during school trips.
