Read a Letter from our CEO
Cover
Whatever tomorrow holds, your child’s education should never be interrupted. Karri Cover ensures that their learning journey continues seamlessly, even if you’re no longer around.
Karri Cover is underwritten by Guardrisk Life Limited, an authorised
financial services provider (FSP No 76) and a licensed life insurer.
Don’t leave their education to chance. Leave it to Karri.
Karri Cover is a unique education insurance solution designed to give parents complete peace of mind. It provides financial protection for your child’s schooling — ensuring their fees and educational essentials are always paid, directly and on time.
Unlike traditional life cover, Karri Cover is focused entirely on your child’s education. It’s smart, flexible protection that grows with their needs and supports their future from start to finish.
Your premiums secure a dedicated financial benefit for your child’s full educational journey, from their first school year to graduation, protecting their schooling if you pass away.
If you don’t claim, your cover seamlessly converts into life cover when your child completes their education, ensuring your premium payments continue to protect your family with a life benefit payable in the event of death.
Your child’s education benefit is managed by a dedicated Trustee, not just a claims administrator. This ensures funds are responsibly allocated and paid directly to schools and educational providers.
No medicals, no waiting periods. Cover begins immediately, providing peace of mind from day one.
Enjoy affordable monthly premiums that fit your budget, with plan options designed to grow with your child’s needs. Karri Cover adapts to your family, not the other way around.
The Lifestarter Benefit provides your child with a financial head start into adulthood. They will receive a lump sum payment on their 18th birthday, which can be used to fund major purchases.
Select the cover amount that fits your family’s needs.
Answer underwriting questions, no medicals required.
Your child’s school fees will be taken care of in your absence
In the event of unforeseen circumstances where your insurance coverage is tied up in estate settlement, Karri Cover ensures that sufficient funds are available to safeguard your children. From educational and personal needs to additional care, you can leave a legacy for your children that won’t affect your Will.
COVER
Hi Karri Parent
I ran the numbers on my kids’ school fees over the next 18 years.
It was unnerving.
That’s manageable while I’m here and earning. But after two close friends of ours, both parents, died in a freak accident last year, I couldn’t ignore a question I’d been avoiding:
If I were gone tomorrow, my kids would have a roof over their heads and grandparents who love them.
But their education? That’s a different story.
So the Karri team went looking for a solution.
What we found was a category full of life policies that take months to pay out, funds tied up in estates while school fees go unpaid, and products designed for a world that no longer exists.Nothing built for how modern families actually live.
So we built it.
Karri Cover is education insurance designed specifically for South African parents, underwritten by Guardrisk, one of South Africa’s most trusted insurers. Funds are paid into a children’s trust, managed by professional trustees, and paid directly to your child’s school from day one. Not months later.
No medicals. No waiting periods.
And if you don’t claim, it converts into life cover for your family, plus a lump sum for your child at 18.
Last week, I was proud to be the first customer. Today, I’d like to share this with you.If you have children in school or heading there soon, this was built for you.
Regards,
Doug Hoernle
Karri CEO