SPONSORED | Securing your child’s educational future is not a luxury but a necessity. – CapitalLegacy co-founder and CEO Alex Simeonides.
For a small monthly fee, you can rest assured that your child will be looked after by Capital Legacy’s EduCare if you are unable to be there for themCapital Legacy's EduCare cover pays into a trust to cover your child's continued education, sporting and general care needs. Picture: SUPPLIED/CAPITAL LEGACY
“All too often, estates that we administer have insufficient funding to maintain the status quo for the children’s schooling and extra-curricular activities. It’s heartbreaking to see children having to deal with the loss of a parent and then be told they have to leave their circle of friends at school because there are no funds available,” saysThere are a few education protection products on the market, but Simeonides says they have always been positioned as a luxury or tag-on product.
“While most people understand the value of insuring, for example, their bond, insuring their child’s education isn’t usually top of mind or discussed when planning for the unforeseen. Clients are choosing EduCare because this is what it does and all it does, and it uses a trust, so there is peace of mind in knowing your insured funds for your child’s future are not at risk if something should happen to you,” says Simeonides.
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