LEADWAY ASSURANCE COMPANY LIMITED (‘LEADWAY’) is one of Nigeria’s foremost insurance service companies, with a reputation for service efficiency and customer reliability.
For over 45 years, LEADWAY has honored its underwriting commitments and has earned its reputation of excellence in claims handling. The evolution of LEADWAY since 1970 has mirrored the dramatic expansion of indigenous insurance service providers, with LEADWAY remaining in the forefront as an insurer of repute.
They provide efficient financial solutions leveraging on their unique capabilities and skills to bring Insurance as a risk management tool to their clients.
THE LEADWAY EDUCATION PROTECTION PLAN
It is a flexible life insurance product that protects your family against the ongoing cost of a child’s education in the event of your death.
EDUCATION PROTECTION PLAN
The Leadway student education Protection Plan is a life insurance product that protects children against the ongoing cost of a child’s education in the event of their parent or guardian’s death.
The sum insured will pay for a child to complete his or her current level of education (e.g. primary, secondary, university) at the time the payment becomes due.
The plan can cover as many children as needed, even if they are at different education levels.
The premium payable depends upon the child’s current school or tuition fees, and you can arrange to pay the premium annually or each term.
You start with a little of N1,000 per month and get a payout of N250,000 when the unexpected happens.
WHAT IS THE PLAN?
We don’t pray anything bad happens to our parents or guardian but we never can tell what will happen in the nearest future. This is why Leadway has decided to introduce this plan. This is a savings/risk plan that assures our children dream of university education remain alive, in the result you lose any of your parents or guardian.
WHAT IS THE BENEFIT?
All you need to do is to pay a monthly payment of N1,000 you can have a payable sum of N250,000 that can be used to settle any educational expenses that might arise in the event of the tragedy. Just make sure you pay your monthly dues and at any time (you lose your parents or guardians) you are assured of N250,000. You might be thinking what if it after a month you started and this happens, don’t be scared you will be given your N250,000.
WHY DO I NEED THIS PLAN?
This provides that immediate financial comfort in the event of loss of a parent or guardian and as such, it guarantees continuity in education. You will never have regrets in the nearest future concerning your academics.
HOW DO I GET THIS FORM?
All you need to do is to follow these steps;
Firstly, fill a proposal form. You can get that online, office or from their workers who are patronizing the street.
Provide a copy of your admission letter from school or valid student ID card.
Provide (2) passports photograph and (1) passport photograph of any parent or guardian.
Provide identification for the parent or guardian (National ID, voter’s card, Driver’s license, international passport).
DURATION OF THE PLAN
This plan is for period of a year it is renewable.