GEMS introduced an education insurance programme that assures funding of pupils’ tuition fees in the event of death or total disability of the family’s primary bread winner.
Himmat Sandhu, Director, School Business Operations and Administration, Global Education Management System Education (GEMS), said EduShield programme offers global coverage for the parent and a tuition fee payout facility anywhere in the world, without geographical restrictions.
The maximum payout is between $225,000 (Dh825,750) and $600,000 at annual premium of Dh375 to Dh575 respectively.
The customised education insurance programme is the result of a collaborated effort between Marsh Insco LLC, and GEMS Education.
Expats, already frustrated with GEMS and Dubai Education Authorities, will take this as another attempt to nick money out of parents.