Provides an excellent package of insurance bought by policyholder to accumulate funds to cover their children’s education payments in return for premiums. The Tsehay Education plan is an Endowment product which is expected to provide a waiver of premium on death or permanent disablement of the main policyholder within the premium paying term of the policy and also provides anticipated and maturity benefits within the full policy term. The policy will give the main policyholder the option of receiving a refund of premiums paid or to nominate a different child beneficiary. The premium frequency can be either of yearly, half-yearly, quarterly or monthly. Full policy term ranges from 9 to 19 years and premium paying term ranges from 5 to 15 years. Minimum age at entry is 18 years, while maximum age at entry is 65 years. Builds cash value. No surrender benefits are payable in the first and second years.