Includes optional benefits to
fund costs over and above
tuition fees and educational
necessities
The child can attend school
anywhere in the world, and
tertiary education at any PPS
listed international university
Direct allocation to the PPS Profit-Share Account™.
Pays the actual tuition fees as a lump sum, annually, directly to the institution, up to the specified maximum.
Pays an annual allowance as a lump sum to fund necessities such as uniforms, textbooks and stationary.
If your child excels at sport or a cultural activity (provincial/national level) while in primary or secondary school, PPS will boost the necessities benefit by an additional 25%.
Pays out an annual allowance as a lump sum to fund additional costs such as extra classes, extra-mural activities, after-care, transport or technological requirements.
Pays the actual costs of school trips or camps, as and when required, directly to the institution, up to the specified maximum.
Pays a once-off lump sum in Grade 12 to cover the costs of the matric farewell, matric vacation or getting ready to move out of the house (furniture and appliances).
https://www.pps.co.za/insure/life-solutions/education-cover