School Fee Protection Insurance

By Peter Kelly    September 26, 2019

School fee protection insurance covers for one of the biggest expenses for many families if a parent loses a job or becomes unable to work, ensuring a consistent education for children.

Australia has enjoyed an unprecedented period of economic growth since our last recession in 1990-1991, but our recent growth rate of 1.4% is the lowest since the Global Financial Crisis.

We live in the best country in the world and are an optimistic bunch by nature which must be why many people that we speak to don’t have adequate Income Protection insurance. 

We are speaking with many families who are assessing their risks and insurance needs in the event of more financial downturn.

Make Your School Fees Recession-proof

School Fee Protect is a new Insurance Product which can cover up to 6 months of school fees if you lose your job or up to 12 months for an injury and disability.

This insurance type is not available to anyone self-employed (Sole traders and Partners), but rest assured that if you are self employed we can still help with an Obligation Free comprehensive review of your Life, Income Protection and TPD cover.

School Fee Protect insurance is affordable with an average premium of $700. It provides the peace of mind to know that your child’s education costs are one less expense to worry about if you lose your job or suffer an injury and disability, knowing that you’re covered for six months to find another job and avoid disruption to your children’s education.

School Fee Protect is only available through a Steadfast Broker. Geelong Insurance Brokers is part of Australasia’s largest general insurance broker network. Steadfast’s scale and market-leading innovation mean we are in a stronger position to secure the best insurance solutions for you, at a competitive price.

Protect Your Child’s Education costs

Contact us today by calling 5229 0061 or through Peter.

School Fee Protect Insurance is issued by QBE Insurance Australia Ltd AFSL 239545. Terms, conditions, limits and exclusions apply. The information provided here is general advice only and has been prepared without taking into account your objectives, financial situation or needs. You should consider these, having regard to the appropriateness of this advice, and the Product Disclosure Statement, available by calling us on Ph: 5229 0061, before deciding to acquire, or to continue to hold, this product

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