'Education Shield' to cover schools, colleges and also students

- New cover includes financial assistance for the student in the unfortunate event of an accident
 

Hyderabad: Royal Sundaram has introduced Education Shield, a comprehensive insurance package for educational institutions, to cover physical assets as well as the welfare of students, staff members and the public. This innovative package includes a special "Educational Grant", which is given in case of death of either of the parents to take care of education related expenses of the student. Education Shield also provides for reimbursement of examination fees in case the student cannot attend the examination due to an accident.

Education Shield is suitable for schools, colleges, universities and other professional training institutes. The insurance benefits of Education Shield are designed to cover physical assets such as building, furniture, fixtures, computer items, generators, laboratory equipments, portable items, against all risks including fire, burglary with an option to cover accidental damage risk. The policy also provides cover for staff through Group Personal Accident Insurance for accidental death and disablement and Group Health covering accidental injuries, diseases and illness. Workmen's Compensation cover is also provided for staff and public risks.

"Leading the way in innovative products, Royal Sundaram's Education Shield aims to provide a customised protection policy for educational institutions. A unique feature of the policy is to offer financial assistance in the unfortunate event of an accident to students and staff members, all at a reasonable cost," said Antony Jacob, Deputy Managing Director, Royal Sundaram.

Some of the additional features of Education Shield are cover for loss of money in transit or in safe against burglary hold up; mechanical and electronic items against breakdown risks and risks exposures against loss due to infidelity of staff.

Education Shield can be purchased at all Royal Sundaram offices across India and through the company’s network of agents at a very competitive price. Royal Sundaram provides simple documentation, buying convenience and a one-call claim reporting service as part of the quickclaim management.