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Sanlam Allianz Life Assurance

Flexi Educator Plus

School fees plan · Regulated by the IRA

A school fees plan that runs 9 to 20 years. It pays half the cover if a serious illness is diagnosed.

Hear when this changes

The details that matter for this kind of plan

How long it runs
9 to 20 years
If a serious illness is diagnosed
50% of the cover is paid
If you die in an accident
Twice the cover is paid
Premiums
Fixed from the start

What if you stop paying?

Sanlam does not publish what happens if you stop. Ask before you sign.

What if you need the money early?

No surrender value is published. Ask what you would get back.

Who this suits

It could work for you if

You want the school fees protected against illness as well as death.

Think twice if

You want to see the charges before you commit.

What they tell you

  • Do they say who regulates them?
    Yes — the IRA. That is who you complain to.

Talk to them

Compared with the others

There are 13 other plans of this kind on the board. See all 14 side by side — what each one leaves you with, and which of them will not say.

Where we got this