Skuul Boafo Plan
The Skuul Boafo Plan is a child education policy that helps parents and guardians accumulate funds to support their children’s school fees.
In addition, the policy provides a lump sum (life cover) to named beneficiaries, along with the accumulated fund, if the policyholder passes away while still in service. After one year of contributions, clients are reimbursed termly to assist with school fee payments.
Skuul Boafo Plan - FAQs
1. What is the Skuul Boafo Plan and why do I need it?
The Skuul Boafo Plan is a child education savings policy designed to help parents and guardians accumulate funds for their children's school fees. It also provides life cover to ensure that their education is secured in the event of the policyholder’s death.
2. When do I start receiving reimbursements for school fees?
After one year of continuous contributions, clients begin receiving termly reimbursements to assist with school fee payments. This ensures that you can meet educational expenses without financial strain.
3.What happens if I pass away before the policy term ends?
If you pass away while the policy is still active, Pinnacle Life will pay a lump sum (life cover) to your named beneficiaries, along with the accumulated funds, to ensure your child’s education continues uninterrupted.
Interested in Our Skuul Boafo Plan?
Invest in your child’s future today! With Pinnacle Life’s Skuul Boafo Plan, securing their education is easier than ever. Start saving now and get reimbursed termly!