Your child’s education is of utmost important to you and it is important to ensure that their education is supported throughout their schooling and even when they are embarking on their tertiary education.
It is evident that continuous financial support for their education will go a long way which will enable them to achieve successful academic achievements.
Ceylinco Life Sipsetha is the policy which ensures that your child’s education will continue in any acute situation.
Ceylinco Life Sipsetha includes an easy to understand life insurance cover while providing you educational annuities during the last 8 years of the policy term.
In the event of the demise of the policyholder:-
If the policyholder survives the educational annuities will be paid in proportions in the last 8 years of the policy term.
Example:
If you have a Ceylinco Life Sipsetha Plan with a sum assured of Rs.200,000/- for a period of 20 years and assume that your child is 3 years old, the benefits he / she receives during the last 8 years are illustrated bellow
Anyone aged between 18-54 years is eligible to purchase this policy for a period of 11 – 23 years.
This policy can be paid in Monthly, Quarterly, Half-Yearly and Annual modes.
The following rider plans can be added on to your life plan as additional protection.
Ceylinco Life Sipsetha Plan policyholders will be eligible for additional rewards as a tribute for their loyalty. All policyholders stand a chance to take part in the Ceylinco Life Family Savari consumer promotion and their children are also eligible for the Pranama Scholarship scheme.
