Children education annuity
For whom?: Parents of children 0-18 — Annual premium: 1500-12000 MAD/an
Education annuity guarantees monthly annuity payment to children until majority or end of studies (up to 25 years) in case of insured parent's death. Essential complement to death insurance for families with children.
Coverage details
Monthly annuity 2,000-15,000 MAD per child until end of studies. Cumulation possible if multiple children. Education capital (single lump sum) as option to fund private schools / foreign universities. IAD + annuity guarantee included.
Benefits
- Financial security for children in case of parental disappearance
- Predictable monthly payment (≠ single capital)
- Essential complement to classic death insurance
- Foreign higher studies coverage possible
Limitations
- Higher premium than simple death insurance
- Annuity cessation at defined age (majority or 25)
- Complex contract to understand (mixed capital + annuity)
- Limited annuity revaluation (inflation)
2026 taxation
Premiums partially IR-deductible (if contract > 10 years). Annuity paid to children not taxable (exemption < 300K MAD/year). Ideal for tax-optimized intergenerational transmission.
Eligibility
Parents aged 25-60. Dependent children < 18 at subscription. Insured parent medical questionnaire. Exams if capital + annuity cumulated > 2M MAD. Extended guarantee to parent IAD.
Concrete example
Father 40, 2 children (5 and 8), annuity 5,000 MAD/month/child until 25: premium 6,500 MAD/year. In case of death today, children receive annuity for 17-20 years (1.2-1.5M MAD cumulated).
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