• While a member of the scheme (student) is on his/her way from home to school
• While a member is on his way from school back to his/her house
• Accident within the school premises or at home including period of holidays and non-working hours
• Accident, resulting from other trips/journey and excursion involving any of the scheme member.
• Any other accidental injury or death outside school activities.
  

This is an Insurance Company managed by professional with multiple competences. The team represents a crop of the most competent professionals in the Insurance Industry. The company is out to add value to the client by offering such products and services that will ensure minimal disruptions as a result of an insurable risk. The company is adequately capitalized to compete in the insurance market and poised to meet all payable claims promptly.

Carrier Insurance Brokers Limited

This policy is a combination of two essential covers – namely Personal Accident for the child and Term Assurance on the Life of a named parent/guardian or sponsor also for the benefit of the child. Its main objective is to ensure that a child is not ejected from Scholl because of the death of the sponsoring parent/guardian; a the Insurance Company on receipt of valid notice from the school authority takes over the payment of the school fees until the child comes out at the end of the prescribed term of leaving in that institution. A second benefit is payment for disability as a result of an accident happening in or out of school. A third benefit is the payment of medical expenses in the event of an accident resulting in injury to the child.

• No stoppage in child education for the particular level
• Cover for personal accident to child whilst at school, home or anywhere in the world.
• Medical Expenses for treatment of injury resulting from accident covered
• Permanent Disability to child covered (Total or partial)
• Payment Term is easy and light – payment per academic session or term
• Provision made for participating schools to utilize portion of the premium plough back by insurer to setup sick bay
• Support for school activities such as Quiz, Debate or Inter-House Sports
• Opportunity to choose any of the benefit levels suitable for each school
• Participating school is actively involved in the operation of the scheme.
  
  

• Every participating school will submit the names and data of each pupil taking part in the scheme. A child can enter or leave the scheme at the beginning or each academic term.
• The insurer will issue a policy document the first time a school is participating. Subsequently an Endorsement reflecting the identity of participating students for each term is issued for each school term.
• Premiums payable shall be remitted embloc by the school within 4 weeks of the commencement of each school term; although the list of Insured Students must be received within two weeks of the resumption o each school term.
• In the event of a child been involved in an accident or the sponsor dying, the school authority would inform the Brokers or Insurers immediately so that arrangement could be made as to how benefit will be paid.
  

Level of Benefits and Cost

Pays N100, 000.00 each for death of Parent/Total Permanent Disability. Medical expense allowable is a maximum of N20, 000.00.

Pays N200, 000.00 each for death or parent/Total Permanent Disability. Medical expense allowable is limited to N40, 000.00.

Pays N500, 000.00 each for death or parent and N250, 000.00 for Total Permanent Disability. Medical expense allowable is limited to N100, 000.00.