Best Child Education Plans in UAE: Top 3 Picks for 2024

Parenthood: A subtle blend of Love, Joy, and Anxiety.

As parents, we experience the boundless joy our children bring into our lives. Yet, we are also worried about their future and our responsibilities towards them. 

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Providing our children with the best education is one such responsibility and a significant financial commitment.

Here is a list of Best Child Education Plans in UAE for 2024;

  1. Professional Education Plan - LIC International
  2. Zurich Legacy - Regular Savings Plan
  3. Salama Idikhar + / Idikhar + Secure - - Islamic Savings Plan

Professional Education Plan-LIC International

A standout feature of this plan is the guarantee of both capital and returns on maturity, making it ideal for parents seeking secure investment options with no capital risk, coupled with life insurance protection.

Key Features

Guaranteed Capital and Returns:

This plan uniquely guarantees both the principal investment and the returns upon maturity. This feature is especially valuable in uncertain times, offering a solid foundation for future planning.

Structured Education Funding:

The plan’s maturity aligns perfectly with a child's fee payment needs: with fee payouts as follows;

  1. 20% of Sum Assured at age 18
  2. 20% of Sum Assured at age 19 
  3. 20% of Sum Assured at age 20 
  4. 20% of Sum Assured at age 21 
  5. 20% of Sum Assured at age 22 
  6. Guaranteed Addition (and loyalty addition if any) at age 23
Clarity in Planning

From the beginning, the policy bond clearly states the exact dollar value expected at maturity, allowing parents to plan precisely for educational expenses.

Insurance Protection

In addition to the investment component, this plan includes an insurance aspect that offers financial security in the event of unforeseen circumstances, ensuring that your child's education funding remains secure.

For parents in the UAE looking for a reliable Child Education Insurance, the Professional Education Plan is a prudent choice. Its emphasis on guaranteed outcomes, clear planning, and life insurance protection makes it a standout option.

Click here to know the six reasons to invest in the Professional Education Plan.

Zurich Legacy - Regular Savings Plan 

Legacy is a goal-based regular savings solution that can help save and invest for your child's higher education.

Key Features

Flexible Savings:

Start with as little as $500 per month and choose a term ranging from 5 to 20 years, based on your financial goals.

Diverse Investment Opportunities

Gain access to top-tier International Mutual Funds, Target Date Funds, and Managed Funds, covering a wide array of asset classes, geographies, and industries.

Inflation Adjustment

Option to increase your contribution by 5% annually to counter inflation and match income growth.

Online Portfolio Management

Secure online access allows for effective monitoring and management of your investment portfolio.


With this plan, you have the advantage of continuing your investments seamlessly, even if you relocate outside the UAE.

Life and Critical Illness Rider

Add this option to protect your child's education funds in the unfortunate event of a major illness or death of the parent. 

The Zurich Legacy plan is an excellent choice for those seeking a versatile and growth-oriented approach to saving for their child’s education. 

Salama - Idikhar Plus / Idikhar Plus Secure 

Idikhar Plus for Your Child's College Education: A Smart Islamic Investment Strategy

Planning for your child's college education can be a daunting task, especially when considering the rising costs of higher education.
For people seeking a Sharia-compliant way to save and invest, Salama - Idikhar Plus offers a compelling solution. This regular savings plan not only aligns with Islamic financial principles but also provides access to some of the best Islamic investment funds globally.
As a regular savings plan, it allows investors to contribute consistently over time, which can be particularly beneficial for long-term goals like funding a college education.
The plan's compliance with Sharia principles ensures that your investments are made in a manner consistent with Islamic ethics, avoiding industries like alcohol, gambling, and conventional financial services.

Idikhar Plus Secure 

Idikhar Secure Plus is designed for individuals who want to save for goals such as children's education, without exposing their savings to market risks. The plan guarantees a 100% return of contributions, providing a sense of security and assurance. Contributions are invested in the SALAMA Secure Strategy, a Sharia-compliant investment strategy that focuses on limiting exposure to volatile markets and prioritizing secure investment vehicles. This approach is particularly beneficial for education savings, where preserving capital is as important as achieving growth.

Key Features and Benefits:

  1. Market Risk Protection: The plan offers protection against market fluctuations, ensuring your contributions are safe.

  2. Sharia-Compliant Investment: The SALAMA Secure Strategy adheres to Islamic investment principles, making it suitable for those seeking halal investment options.

  3. Flexible Contribution Options: With various premium payment modes (monthly, quarterly, semi-annually, and annually), the plan caters to different financial situations.

  4. Additional Benefits: The plan includes critical illness, disability, family income, waiver of premium, and accidental death benefits, enhancing its value beyond just a savings tool.

  5. Withdrawal Flexibility: Early encashment and partial withdrawal options after one year of contributions add to the plan's flexibility, accommodating unforeseen financial needs.

  6. No-Risk Trial Period: A 30-day free look period allows you to reassess your commitment without any risk.

How to decide which plan is the best?

Choosing the best child education plan depends on many factors like the age of your child, your disposable income, your risk appetite, and your investment goal.

As an Independent Financial Advisor, I help my clients plan and invest for various goals, including saving and investing for child education.

Arrange a Free Consultation to help you set up an education savings goal, determine your risk appetite, and select the most suitable child education plan.

Click here to arrange a Free Online Consultation.

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