School Fees Insurance

A unique policy that pays for the school fees should you or your spouse die and where the policy benefit is paid directly to the school in order to avoid tax and probate issues.

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or call us on 01306 746 300

The School Fees Insurance scheme was established in 1991 and is set up as a group life insurance scheme with a trustee (backed by an insurer, Unum) as the policy holder rather than an individual.

It is a unique scheme as it enables policy proceeds to be paid directly to a school rather than to any individual which avoids any taxation or probate issues normally associated with a deceased estate.

With school fees continuing to rise faster than salaries, this crucial scheme can protect the education of your child should the worst happen. Take a look at the key features of the scheme:

Key features

  • Unique tax and probate efficient structure enabling proceeds to be paid directly to a school
  • Coverage against death, terminal and critical illness
  • Automatic fee tracker that increases the claim benefits by inflation (Retail Price Index) plus 2%
  • Choice of cover options
  • Coverage right up to your child leaving school at 18
  • Cover can be purchased simply and securely on-line

Please view the terms and conditions for a full explanation of cover and look at the FAQs or contact us if you have any questions.

Schools where we are currently paying the fees for children who are benefitting from this insurance include:

Acorn House College, Bede's Senior School, Bridgewater School, Brighton College, Bury Grammar School, Churcher's College, City of London Freeman's School, Dallington School, Downe House School, Farlington School, Felsted School, Greshams, Guildford High School, Haberdasher's Monmouth School, Hull Collegiate School, Latymer Upper School, Magdalen College School, Merchiston Castle School, Portland Place School, Prior Park Gibralter, Radley College, Reading Blue Coat School, Reddam House South Africa, Robert Gorden's College, St Christopher's School Hove, St Mary's Calne, St Paul's Cathedral School, The Mary Erskine School, The Perse School and Tonbridge School.


  Amount paid to the school each term

Child’s age on 1 September

Level A

Level B

Level C

4 to 6








8 to 10




11 and 12




13 to 17




  Monthly Premiums

Single Life

Single Life

Single Life

Death and terminal illness cover only




Death, terminal and Critical Illness




  Monthly Premiums

Joint life, first death

Joint life, first death

Joint life, first death

Death and terminal illness cover only




Death, terminal and Critical Illness




I am a UK citizen but live and work abroad – may I join?

Yes, any member of the European Union (EU), or a Foreign National resident in the European Union may join regardless of where they work in the world. Any non-EU national may join providing they are resident in the EU. However, all contributions should be payable from a UK bank account.

Are there any age limits to join?

Yes, you must be aged 60 or under when membership commences.

Precisely how does the inflation linking on a claim in progress work?

The amount per term for the previous year is taken and then has the Retail Price Index for May plus 2% applied to it.

What happens in the event of a claim?

Your dependants should contact the SFS Group, who will then send you a claim form. This will then need to be returned with the certificate of admission, the death certificate (if applicable), and the birth certificate of the insured and the child, and benefits will be paid at the amount chosen to the school from the beginning of the following term.

What happens if my child moves school while a claim is being paid?

The benefits follow them from school to school even if it is a fee-paying school abroad.

Can you explain in more detail about Pre-Existing Conditions?

This insurance is for parents who do not know a) that they are ill, or b) whether they may be ill in the future. If you have already been diagnosed with a Critical or life-threatening condition then you should not apply for cover. The diagnosis of any Pre-Existing Condition which has taken place up to 60 months before joining will prohibit you from making a claim. Please read the detailed explanation in the terms and conditions.

Exactly which critical illnesses are insured?

Accidental AIDS, Alzheimer’s Disease, Aorta Graft Surgery, Balloon Angioplasty, Benign Brain Tumour, Blindness, Cancer, Chronic Lung Disease including Emphysema, Coma, Coronary Artery Bypass Surgery, Creutzfeldt Jakob Disease, Deafness, Heart Attack, Heart Valve Replacement or Repair, Hodgkin’s Disease, Kidney Failure, Loss of Limbs, Loss of Speech, Major Organ Transplant, Motor Neurone Disease, Multiple Sclerosis, Open Heart Surgery, Paralysis/Paraplegia, Parkinson’s Disease, Permanent Total Disability, Pre-Senile Dementia, Pulmonary Artery Surgery, Rheumatoid Arthritis, Severe Head Injuries, Stroke, Third Degree Burns. Please note that if you have a family history of Alzheimer’s Disease, Motor Neurone Disease, or Parkinson’s Disease, and you are diagnosed with one of these illnesses, then you will not be able to claim under this policy.

What is the minimum age of my child if I wish to join the scheme?

The minimum age of joining is 4 years of age at the start of the academic year

How much will it cost to insure myself and my spouse/partner?

We automatically give you a 10% discount on the second insured person.

Is there a limit to how many of my children may be covered?

No, you may cover as many children as you like under the scheme. Each child will incur a separate premium.

Can I change my Benefit level once I have joined the scheme?

When you initially take out the membership, you need to think of the cover you need now AND in the future as this policy is not designed to change once started. Reason being, that the 60 months pre existing conditions will start again if you wish to increase to a higher level of benefit. Also, you may find that you do not qualify for the insurance due to the age limit.

I have paid my first payment online, how and when are future  monthly payments made?

SFS Group on receipt of your application will write and ask you to complete a direct debit mandate and then payments are collected by direct debit on or around the 7th of each month.

What is my commitment?

To provide us truthfully with all relevant information when joining the Scheme and to pay your monthly contributions. To advise the SFS Group in writing of any change of circumstances, i.e. change of school, change of address or cancellation of policy.

When does my participation in the scheme end?

The scheme will end on the last day of April of the academic year in which your child reaches 18. We will then offer you the opportunity to continue cover through university. If you wish to terminate your participation in the scheme before then you may do so by giving us written notification at least one month before termination.

Click here to view and download a Fact Sheet. 

Click here for terms and conditions

To speak to an advisor email us on or call us now on 01306 746 300