Life Cover

• Disability

• Critical Illness (Dread Disease)

• Income Benefits

• Funeral Benefit

• Special packages

Investments And Savings

•Retirement Planning

  Education costs are on the rise

A recent article in the Sunday Times highlights the considerable impact of education inflation on education costs which have risen about 10% a year over the last few years. We have attached the article, Easing the Pain by Brendan Peacock that shows the costs and importance of saving for your children’s education.

It is important to discuss the impact of a life-changing event like death, disability or severe illness with policyholders and how it will stop or hinder education savings. The illustrative cost of a child’s education is shown in the table below from the article and would need to be funded in full:

Discovery Life’s Global Education Protector provides protection and financial peace of mind. It is the leading indemnity product in the market for parents who want to ensure that their children will have every opportunity to follow their dreams, even if the unthinkable happens.