0 votes
in Education by
I need to take Jubilee insurance education policy for my child who is 2 years. Is it a good choice?

1 Answer

0 votes
by (57.6k points)
When taking an education insurance policy, you should not look at it from an investment point of view because if you do, then it will not make sense.

When it comes to whether you should take Jubilee insurance education policy or not then my opinion is you’d better invest in treasury bills and bonds or fixed deposit if your focus is in returns.

Education Policy returns range from 2 to 5% per year while fixed deposit or Treasury bills/bonds range from 8 to 12%.

However, if you are not interested in returns, and are just looking for the best way to secure your child’s future then go for education policy.
Welcome to Kenyayote Q&A, where you can ask questions and receive answers from Kenyayote staff and other members of the community.

Before you ask, search the website to make sure your question has not been answered.
If you are ready to ask, provide a title about your question and a detailed description of your problem.
...