Secure their education
Guarantees the continuity of studies if one of the insured parents dies or suffers total and permanent disability.
Student Scholarship
Life insurance
Guarantees your children's continued education in the event of the death or total and permanent disability of one of the insured parents.
Student Scholarship benefits
Comprehensive educational protection for your children
The Student Scholarship guarantees children's educational continuity in the event of the death or total and permanent disability of one of their insured parents. It covers educational and supplementary expenses and includes a Major Medical Expenses plan for the student at no additional cost as long as they continue studying and remain at the educational institution.
More than tuition
It can cover enrollment, tuition, transportation, uniforms, school supplies, meals, graduation, senior trip, computer and other expenses, depending on the plan purchased.
Medical expenses included
Includes a Major Medical Expenses plan at no additional cost for the student as long as they continue studying and remain at the educational institution.
The benefit is activated
In the event of death from any cause or total and permanent disability of one of the insured parents.
Paid to the educational institution
The indemnity is paid directly to the educational institution to guarantee the continuity of the student's studies.
Covers education and health
The Scholarship covers the educational expenses set out in the plan and adds a Major Medical Expenses plan at no additional cost for the student as long as they continue studying and remain at the educational institution.
Age
- Maximum entry age at issue: 70 years.
- Coverage continuation age for all benefits: from age 18 until the day the insured turns 75, at 100% of the contracted coverage.
- New enrollments: Up to age 65.
Download Documentation
Download the complete information on the Student Scholarship plan
Frequently asked questions
We answer your questions about when the Scholarship is activated, the educational expenses covered, payment to the institution and the Major Medical Expenses plan included for the student.
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The Student Scholarship is a life insurance policy that guarantees children can continue studying if one of their parents dies or suffers total and permanent disability. It covers education expenses and other related costs so the student does not have to interrupt their studies.
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When one of the insured parents dies, from any cause, or suffers a total and permanent disability.
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Much more than enrollment. Depending on the plan purchased, it can cover enrollment, tuition, transportation, uniforms, school supplies, meals, graduation, the graduation trip and a computer, among others.
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The educational institution. BMI pays it directly to ensure that the student continues their studies.
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Yes. The student has a Major Medical Expenses plan at no additional cost while they continue studying at the educational institution.
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It is purchased by educational institutions to offer their students and their families an additional benefit.
