IIC Education Insurance

 

International Insurance Company has developed insurance for Education Institutions (Universities, Colleges, Schools and etc..). This insurance is called Education Insurance. The policy may give financial certainty that children’s education will not be stopped just because of parents’ death or disability caused by accident.

This is an insurance which pays for children’s education if their parents die or lose their working ability in an accident. In other words, parents can secure payment of their children’s education fees and other costs through insurance. The Education Insurance can cover children during education period.

International Insurance Company will issue a policy to document the agreement. The policy only comes into force, when the insurance premium is paid. This can be paid monthly, quarterly or annually.

A Group Policy is designed for education institutions (schools, colleges, universities). The policy must cover at least 100 children to make up a “group”. There is only one policy for groups. The policy shows the education institution as Insured and Beneficiary. All claims are paid directly by International Insurance Company to the education institution.

How Is Insurance Premium Calculated?

Under a Group Education Insurance parents can sign a health declaration and premium will depend on the number of children, pupils or students who are covered under the policy.

Have Any Superiority In Taxes?

If you represent an education institution or a company we will be happy to confirm the attractive tax rules.