Enterprise Life has taken a significant step towards securing futures with the relaunch of its Educare policy. The Enhanced Educare solution was designed to provide financial security for children's education, ensuring that their educational journey remained uninterrupted despite life's unpredictabilities.
According to Madam Genevieve Benyi, Managing Director at Enterprise Life, "Education is one of the most powerful investments you can make. It's not just a personal commitment to your child's future, but a commitment to the future of our society." Ms. Benyi emphasized that the Enhanced Educare solution was more than just an insurance policy; it was a promise that Enterprise Life would be there to provide support when needed. "With this solution, we took the bold step of combining a life cover with an investment component, ensuring that your child's educational journey was financially secure," she added.
The General Manager of Enterprise Life, Madam Solace Odamtten-Sowah, highlighted the benefits of the relaunched policy, saying, “The focus was to provide an educational offering at the end of the day. You invest on a month-to-month basis, and the money is set aside in an investment account. At the end of the term, you could use the funds for educational expenses." The policy also includes a life cover benefit, which ensured that the beneficiary's education was taken care of in the event of the policyholder's passing. Additionally, the policy provides a total and permanent disability benefit, as well as a payout of the investment amount plus interest at the end of the term.
Mr. Mike Tyson, Group Chief Finance Officer, expressed his gratitude to all stakeholders who contributed to the development of the Enhanced Educare solution. "Today, we launched and celebrated one of our superior solutions that exemplified and manifested our values," he said. Mr. Tyson acknowledged the significant role played by the leadership of the company, as well as its dedicated team, partners, and loyal associates. He emphasized that the trust, support, and feedback from customers had made the Enhanced Educare solution possible and encouraged everyone to take advantage of its benefits.
Ms. Owusuaa Ashun, Head of Underwriting and Reinsurance at Enterprise Life, who spoke to BusinessGhana, said, "The policy helps you save for your educational needs, and insurance comes in to ensure that your dreams are not cut short in case of death, disability, or retrenchment." With its enhanced features, including a higher investment component, cash account option, retrenchment benefit, and expanded age range, this policy offered unparalleled benefits. She urged all and sundry to take advantage of the Enhanced Educare solution, as it provided a safety net for securing the educational future of loved ones.