Leadway Assurance Company Limited has announced the launch of it’s new product, the LEADWAY STUDENTS PROTECTION PLAN – a digital insurance plan designed for students of either Federal/State Universities, Polytechnics or Colleges of Education to guarantee the continuation of their education in the event of loss of loved one that is either a parent, sponsor or guardian.
The unique benefit of the plan is that it enables the student continue his/her education so their dreams can become a reality. The plan costs N1,000 monthly and has a sum benefit of N250,000 to be paid to the student when a loss happens. The duration of the plan is one (1) year only and it is renewable at the end of the policy term or after a claim has been made.
The product is digitally driven. Students can make payments online after registering for the plan and they can also sign into their profile to make monthly payments. Payments can also be made quarterly, semi-annually or annually.
The Leadway Student Protection Plan has a fixed sum financial benefit of N250,000.
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