School Fees Trust Scheme
Covers School Fees in the event of one or both parents becoming critically or terminally ill or dying.
The aim of the Scheme is to pay for the continued education of a child at a fee paying school up to the age of 18 in the event of the death of an insured parent.
The School Fees Trust Scheme enables you to continue with your choice of education for your children should you die, become terminally ill or suffer a critical illness such as a heart attack or cancer.
Need to know more?
Click here to see what the National Press say.
A crucial scheme – Angus Cater talks to BBC Radio 4′s Ernie Rea on why parents should join the School Fees Trust Scheme.
If you die or become critically or terminally ill:
- Our insurance could pay all your school fees until your child leaves full time education.
- Our cover options are flexible and allow you to choose the level of cover to suit you.
- We cover your child from the age of 4 through to 18
- We include an automatic fee tracker which increases benefits by the rate of inflation (retail price index) plus 2% each academic year.
- Join instantly with no medical or lifestyle questions.
Your Choices
- Select the level of benefit (Level A, B or C) that best meets your fee requirement.
- Choose whether you want to include critical illness (CI) cover
- Consider including a second parent to receive a 10% discount (Joint Life).
|
Child’s age on 1 September |
Level A Amount paid to the school each term £ |
Level B Amount paid to the school each term £ |
Level C Amount paid to the school each term £ |
|---|---|---|---|
|
4 to 6 |
1,500 |
2,100 |
2,100 |
|
7 |
2,100 |
2,700 |
4,000 |
|
8 to 10 |
2,200 |
3,400 |
6,500 |
|
11 and 12 |
3,000 |
4,200 |
7,400 |
|
13 to 17
|
4,000 |
6,000 |
8,500 |
|
Monthly Premiums |
Single Life |
Single Life |
Single Life |
|
Life and terminal illness cover only |
£14.90 |
£19.50 |
£28.00 |
|
Life, terminal and Critical Illness
|
£36.50 |
£50.00 |
£70.00 |
|
Monthly Premiums |
Joint Life, 1st death |
Joint Life, 1st death |
Joint Life, 1st death |
|
Life and terminal illness cover only |
£28.31 |
£37.05 |
£53.20 |
|
Life, terminal and Critical Illness |
£69.35 |
£95.00 |
£133.00 |
When comparing our scheme with other products, please ask:
1. Is it available without medical or lifestyle questions? Our Scheme is.
2. Is there any linked inflation applied to the benefits that you would receive? Our benefits increase by the rate of inflation (retail price index) plus 2% each academic year.
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