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FBNInsurance sensitizes retirees on annuity                                                                                                                                                                                                                   FBNInsurance wins Insurance Company of the Year Award. …Val Ojumah is Insurance Man of the Year                                                                                                                                                                                                                                                                                                                                                                                                                                      FBN General Insurance appoints Opadokun as Managing Director.                                                                                                                                                                                                                   FBNInsurance sponsors free Breast and Cervical screening for women.                                                                                                                                                                                                                   FBNInsurance Rewards Outstanding Financial Advisors With Brand New Hyundai Accent                                                                                                                                                                                                                   FBNInsurance widens her retail network with four new offices                                                                                                                                                                                                                   RIMSON inducts Ojumah as Fellow                                                                                                                                                                                                                   FBNInsurance holds 5th Annual General Meeting, declares 19k per share dividend                                                                                                                                                                                                                   FBNInsurance Deploys 3i Infotech’s End to End Premia Suite                                                                                                                                                                                                                   FBNInsurance Launches Experiential Auto Insurance Campaign                                                                                                                                                                                                                   FBNInsurance's Profit Grows On Strong Premium Income                                                                                                                                                                                                                   FBNInsurance gets ‘A+’ (Agusto) rating …up from ‘A‘ in 2015.                                                                                                                                                                                                                   FBNInsurance Wins Global Accolade Yet Again.                                                                                                                                                                                                                   NAIPCO gets N14.5m FBNInsurance Group Family Shield cover                                                                                                                                                                                                                   FBNInsurance Group donates to Down Syndrome Foundation                                                                                                                                                                                                                   FBNInsurance commits to improved service delivery                                                                                                                                                                                                                  

 

Overview

Statistics has it that, of every five (5) children that lose a fee paying parent or guardian, three (3) of them drop out of school. Our children are the future leaders of tomorrow; therefore, the demise of a fee paying parent/guardian should not mean the end of that child’s education.

 

The FBNInsurance Tuition Protection Plan is specifically designed to guarantee the completion of a child’s education in the event of death or permanent disability of a parent or guardian. FBNInsurance will take over the sponsorship of the child’s education for the remaining period he/she has to spend in the school.

What it covers:

  • Death of the parent/guardian
  • Permanent Disability of the parent
  • Critical Illness of the parent


Benefits to Parents:

  • At the demise of the parent/guardian (whether accidental or natural) anytime during the duration of the policy, the education of the pupil is guaranteed for their current level of education.
  • The premium is embedded in the school fees so the parent does not have to pay anything extra.
  • Tuition is guaranteed if the parent/guardian becomes permanently disabled or critically ill.
  • No medical examination of the parent/guardian is required.
  • FBNInsurance automatically becomes the guarantor of the tuition at the demise of the parent/guardian.
  • The policy can be made a joint life, in which case, both parents are covered and the payment of tuition stops at the death of either of the parents (either first or last survivor).

Benefits to School:
  • Attracts new and retains the existing students.
  • Builds loyalty.
  • Promotes the school brand.
 

 

 

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