Don’t leave their education to chance.
While you may set up other policies that your family can access for your child’s education, those may be misused or abused by the people who have access to the funds. BALOO ensures that your child’s needs take priority, and they’re all met. BALOO Education Cover steps in when you can’t.
See Plans
Leave it
to BALOO.
Up to R1.5 million Education Cover per child
Staggering reality of the costs of education in SA, approx. 1.5 mill per child, excluding sports tours, extra lessons, other necessities. BALOO is dedicated education cover that makes sure school fees and care are paid — even if life throws you off track.
How it works
Don’t leave their education to chance.
Leave it to BALOO.
Up to R1.5 million Education Cover per child
While you may set up other policies that your family can access for your child’s education, those may be misused or abused by the people who have access to the funds. BALOO ensures that your child’s needs take priority, and they’re all met. BALOO Education Cover steps in when you can’t.
See PlansTrusted
Your child's payout goes into a qualifying trust, not a bank account.
This means the money is legally protected and can only be used for their education, not claimed by anyone else.
Personalised
BALOO appoints independent trustees to manage the funds and pay the school or university directly. You don’t have to worry, your wishes will be carried out responsibly by professionals.
Education
From school fees to university tuition, education costs are rising fast. BALOO covers that entire journey, with one lump sum that grows with your child’s needs.
Cover
If something happens to you, BALOO pays out immediately, with no tax, no delays and no red legal tape. BALOO isn’t just life cover, it’s a smart, structured way to protect your child’s dreams.
Step by step:
Choose your plan
If you pass away, your benefit goes to a trust
School and essentials? Paid. Automatically.
What’s included
School Fees
School Clothes
Sporting equipment
Stationery
Food
Transportation
Tertiary Education
Personal care
01
How BALOO Works:
Choose
your plan
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02
How BALOO Works:
Get ahead
of things
In the event of your death, the BALOO benefit is transferred into a dedicated children’s trust. BALOO covers your child until they turn 23 or complete tertiary education, whichever comes first.
03
How BALOO Works:
Funds
allocated
properly
Trust and trustees fees are indemnified, ensuring the full value goes towards your child/children’s education and care.
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Benefits
- Education-first cover / School fees come first
- Dedicated Children’s Trust
- LifeStarter™ payout at 18
- Converts to life cover if unused
- All trustee fees covered
- Cover doesn’t go to debt
- Cover for one or more children
BALOO is backed by Capital Legacy, and this is how we back you:
Education-First Approach – Our sole priority is school fees, ensuring chance has no say in their future.
Dedicated Children’s Trust – Our one-of-a-kind Child-Centred Trust ensures every cent goes towards school fees, expertly managed by trustees who make it happen and pay schools/providers directly.
Lifestarter™ benefit – Your child will receive a lump sum on their 18th birthday, giving them a head start into adulthood (think deposit for their first car or apartment).
No use or lose – Don’t need to claim? Your cover will convert into life insurance/cashback for your loved ones.
We’re parents. Realists, too. And we know the importance of planning for the unpredictable.
The BALOO story - Created by financial experts who are parents too (Add a paragraph summarising how BALOO came about as a solution, need was identified by founders of Capital Legacy who are also parents.)
Who manages your trust? (Add a paragraph with impressive stats e.g. Capital Legacy is SA’s #1 wills and estates specialists, founded 13 years it has grown to become the largest Estate Administration business in SA, with nearly 2000 staff countrywide and a million clients. Capital Legacy has all the necessary in-house expertise to ensure your child’s education funds are correctly managed.)
Testimonials
Our promise, your future.
“I don’t have to worry anymore. BALOO makes sure my children will be okay no matter what”
Zanele, mom of 2
“I realised that if something happened to my husband and me, our daughter’s guardian might struggle with school fees. I felt such relief when my BALOO policy was confirmed.”
Kim, toddler mom
“Sorted and have peace of mind, thank you very much, service was excellent”
Connie, dad of 2
Trusted,
personalised
education cover.
Capital Legacy Solutions (Pty) Ltd is an Authorised Financial Services Provider. BALOO™ is underwritten by Guardrisk Life Ltd, a Licensed Life Insurer.
