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School Fees Plus Policy

The Pioneer School Fees Plus Policy is an anticipated endowment education plan engineered to guarantee your child's uninterrupted academic journey. Combining strategic partial payouts at critical schooling stages with full life cover protection, it ensures tuition and educational costs are seamlessly funded giving your child the best chance at success whether you are there or not.

What is School Fees Plus Policy?

School Fees Plus Policy Your child’s education is important, and so is your peace of mind. Parenting can be tough, but with our School Fees Plus Policy, you can relax a little bit knowing that you’re taken care of. Our School fees plan offers partial maturities, family benefits and tax relief so that you can focus on what’s important – your child’s education. So why wait? Protect your family today with our School Fees Plus Policy.

School fees plus pays in two ways:

  • It makes annual payments in line with school fees needs of your child
  • Pays maturity value at the end of term
  • Receive 25% of the Sum Assured in each of the four consecutive years preceding policy maturity ($n-4, n-3, n-2, n-1$) to cater to heavy school fee demands.
  • Full Maturity Benefit + Annual Bonuses – Receive 100% of the Sum Assured plus accumulated annual bonuses at policy maturity ($n$), available as a lump sum or customized installments.
  • Dual Protection & Peace of Mind – Pays out scheduled benefits upon maturity or in the event of the policyholder's passing during the policy term.
  • Tax Relief Incentives – Save on taxes with a 15% premium tax relief (up to KSh 5,000 per month / KSh 60,000 per year).
  • Flexible Terms & Easy Payments – Policy terms ranging from 9 to 20 years, with payment convenience via M-Pesa, Direct Debit, or Salary Stop Order.
  • Financial Flexibility After 3 Years – Access policy loans, premium loans, reduced paid-up cover, or cash surrender options after 36 months. 30-Day Risk-Free Trial - Enjoy a 30-day free-look period to review policy terms with complete confidence.
  • ✓Unbroken Educational Continuity: Guarantees that financial hurdles never stand between your child and their academic dreams.
  • ✓Structured Cash Flow: Delivers partial payouts right when secondary or tertiary school fee demands peak.
  • ✓Maximum Wealth Protection: Combines guaranteed payouts, annual bonuses, life cover, and maximum tax savings in a single product.
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