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School Fees Insurance

Key Features

  • Unique tax and probate efficient structure enabling the benefit to be paid directly to the school

  • Automatic fee tracker that increases the claim benefit by inflation (Retail Price Index) plus 2% each year

  • Different levels of cover to suit you

  • Cover continues right up until your child leaves school at 18

  • Can be converted into University Fees Insurance cover

  • No medical underwriting required

  • Cover can be taken out at any time, not just at the beginning of the school year

FROM

£20.95 per month

Julie's Story

Julie, managing director of her own company and her husband, Roy, a management consultant from Staffordshire, wanted to provide the best education possible for their son, George. When he was at his prep school they decided to take out School Fees Insurance through SFS Group, which would cover his school fees if either of them had a critical illness or died. "It gave us peace of mind and some security for his future education needs" explains Julie.

Read more

School Fees Insurance is a unique policy that pays school fees should you or your spouse die or suffer a terminal or critical illness.

The School Fees Insurance scheme was established in 1991 and is set up as a group life insurance scheme with a trustee (backed by an insurer, Unum) as the policy holder rather than an individual.

It is a unique scheme as it enables policy proceeds to be paid directly to a school rather than to any individual which avoids any taxation or probate issues normally associated with a deceased estate.

With school fees continuing to rise faster than salaries, this crucial scheme can protect the education of your child should the worst happen.

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Get in touch

If you'd like to know more about how we could work with you we'd love to hear from you.

e: customerservices@sfs-group.co.uk

t: 01306 746 300

SFS Group Ltd

Unit 21
Dean House Farm
Church Road
Newdigate
Surrey
RH5 5DL

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