iPhone | iPad
Android
Huawei
'Modern Warfare 3' unveils its latest event, Vortex: Vi.Rus Mainframe, featuring a striking animated camo as its coveted reward
KT APPDOWNLOAD
Educational insurance for school students launched
DUBAI — Beginning this academic year, Gems group of schools will provide its students with an optional educational insurance, to ensure their education remains uninterrupted in the event of unforeseen circumstances.
This is the first time in the UAE that an academic institution shall be providing its students with an "education protection programme". The programme will guarantee the student's education until the completion of secondary school and will cover full tuition fees. In the event of death of the "primary wage earner", as stipulated by the programme, the student will have the option of studying in the same school or in an equivalent Gems school in any other country.
"We hope to launch the programme in the next couple of weeks in all of the Gems schools in the UAE, and eventually, outside the country. It is an optional, value addition for parents, who may elect to subscribe to this educational insurance," said Sunny Varkey, Founder and Chairman of Gems.
The insurance cover is being launched after a number of Gems students were unable to continue studies following the death of the earning parent.
While the premium amount for the cover is yet to be fixed, Varkey assured it would be 'affordable'.
"The final details are being worked out. However, the programme would be nominal and affordable to parents," he added.
Parents welcomed the novel protection programme stating they may choose to take it up, if it fits their budget.
"I would definitely opt for it if it is affordable as it provides security for a child's education. The child would be used to a certain standard of living and if we have to move back to our home country in case of anything, it wouldn't be unsettling for the child," said Vasantha Bhaskar, a parent of two children studying in the Gems Wellington School.
"The option of studying in an equivalent Gems school outside the UAE is integral as some expatriates may be dependent on the spouse's visa and would not be able to stay in the country in the event of death," said Jane, another Gems parent.
However, many said they would rather wait and watch to see if the programme was really affordable and optional.
More news from
'Fortnite' insiders suggest that a significant feature inspired by 'Fall Guys' is on the horizon as part of a previously rumoured crossover event.
63-year-old Filipina patient endured varying degrees of discomfort and pain for years before coming to doctors on March 23
Construction to begin this year on state-of-the-art Thumbay Veterinary Hospital At Thumbay Medicity
Shashi Tharoor's World of Words is a weekly column dissecting English language
Between them the two players are set to receive a stake around $150 million from the Tour's newly-formed enterprise
The four-time Grand Slam winner has enjoyed huge success with her powerful baseline game but has struggled on clay
The Tiago has been instrumental in driving Tata Motors’ consistent growth in the hatchback segment
