Parents urged to plan early for rising education costs

The planning is intended to help parents spread education costs over time while protecting their children’s education from unforeseen financial challenges...

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Kenyan parents are being advised to create long-term financial plans for their children's education due to rising costs. This proactive approach aims to manage expenses over time and protect educational continuity against unforeseen financial challenges.

Absa Education Policy offers financial protection, waiving future premiums upon a parent's death or disability.
Parents can select sums assured from Sh100,000 to Sh5 million with payment periods of 5 to 18 years.
The advice comes as parents face immediate back-to-school expenses like fees, uniforms, and books for the new term.

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