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AdaBima

Education Life Assurance.

Life is unpredictable, but your child's education doesn't have to be.
We believe that every child's dreams deserve a chance to flourish, no matter what.
That's why we're thrilled to present our groundbreaking "Education Life Assurance Plan (ADABIMA)"

This innovative life insurance product is designed to provide unwavering support to parents and guardians,
ensuring that your child's educational journey remains undisturbed, even in the face of life's uncertainties.
With ADABIMA, you're not just securing your family's future; you're investing in a world of opportunities for your child.
This plan can be your family's bridge to a brighter tomorrow.

Behind the scenes

Unraveling How It Works.

  • Metro Life will pay school fees for students who have lost their parents/guardians till they complete the remaining years of their respective education levels.
  • Every student will have a maximum of two people (named upon admission to the school and insurance cover declarations) whose death will trigger payment of a claim.
  • The normal death claim documentation will be required, and the claim (school fees payment) will be made in keeping with the school approved fees payment calendar whether quarterly or semi-annually.
  • In a situation where there is No Claim up until the Student accomplish Schooling, Metro Life will refund back to the Family/Parent a portion of the Premium as a NO Claim Bonus.
Impact

The Advantages Of AdaBima!

Impact of AdaBima to the Country.

  • Increase level of Education Standard.
  • Ada Bima helps to reduce educational layback or dropout to the children in private school due to the parents/ legal guardian death.
  • To add value of the education system.
  • Creating More Employment Opportunities due to high literacy level.
  • Developing Critical-Thinking Skills in country.

Impact of AdaBima to the Insurance Industry.

  • To increase penetration of insurance.
  • An innovation to insurance fraternity.

Impact of AdaBima to Schools / Educational Centers.

  • Assurance they will be able to install their values to a child throughout the child’s life at the school.
  • There will be no drop-out due to lack of school fees from Parents death.
  • No school fees delays.

Impact of AdaBima to the Parent / Guardian.

  • Peace of mind that the child will finish their education levels to the school of their choice.
  • Assured of their children’s future.
  • To fulfill the dream of parents/guardian to educate his/her children.
  • To fulfill a bigger picture the pupils/students have on their future and professionalism.

Impact of AdaBima to the Pupils / Students.

  • Better in leaders in the future due to better education.
  • Ensure every student has access to education.
  • Securing a Better Income.
  • Improving Self-Discipline.
  • Developing Cognitive and Communication Skills.
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