Education insurance for your children
Secure the money for your children's university, whatever happens.
What it usually covers
- Savings for university age
- Protection if a parent dies
- Guaranteed payments, depending on the plan
Coverage, sums insured and exclusions vary by insurer and plan. We show you the terms of each option before you buy.
Get a quote on WhatsApp
6insurers offer this coverage. We compare their options for you.
Education insuranceWhat you need to get a quote and buy
- Age of the child and the year they will start university.
- Details of the parent or guardian who buys it: that person is the insured.
- Amount to save, term and currency.
- Health questionnaire of the policyholder.
- ID, proof of address and RFC of the policyholder, and the child's birth certificate.
This is a general guide: each insurer may ask for more details or documents. Below, on the policies that publish them, you will see what their insurer asks for.
Products from each insurer
7 products from 6 insurers, with their official description and a link to each company's page.
We translated each product's summary, coverages and requirements. Product names stay as each insurer publishes them, and the insurer's policy terms in Spanish are what apply.
Recommended
EducaLife (seguro educativo)
MetLife education insurance with guaranteed savings: it gathers the money for your children's studies between ages 18 and 23, with life protection.
- Education savings from MX$150,000 or US$10,000, with a guaranteed amount.
- For children aged 0 to 18; you and your spouse, aged 18 to 70.
- If the policyholder passes away or becomes disabled, the child and spouse remain protected without paying premiums.
- Death and advance payment for terminal illness.
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- The savings are paid into an educational trust.
- Monthly, quarterly, semiannual or annual payments.
OptiMaxx Educación
Allianz savings plan linked to an education trust to pay for your children's university; you decide how much to contribute and for how long.
- Not tied to the child turning 18 or 22.
- You can pause your contributions for up to one year (restrictions apply).
- Partial withdrawals from month 19 if the money is used for education.
- Bonus of up to 100 % of your first-year contributions.
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- Tax incentive under article 90 of the Income Tax Law (Ley del ISR) for plans linked to educational trusts.
- If you pass away or become disabled, Allianz keeps making the contributions until the plan ends.
- Optional: supplementary life insurance and double contribution.
What they ask for to buy it
- Live in Mexico.
- Complete the insurance application.
- Copy of official ID and proof of address.
- Entry age: from 18.
Aliados+ Kids
AXA life insurance to save for your children's or grandchildren's university education; if you die or become disabled, the plan continues without further payments.
- For children: at the end of the chosen term they receive the savings goal.
- For parents: if you pass away, your loved ones receive the sum insured.
- Premium waiver for death or disability: the insurance stays in force and the savings goal is paid at the end.
- Advance of 30 % for terminal illness or death.
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- One free video consultation a year and preferential prices on the next ones (general medicine, psychology, nutrition or pediatrics).
What they ask for to buy it
- Fill out the insurance application with your agent.
- Official ID and proof of address.
- Depending on the sum insured and your age, AXA may ask for questionnaires or medical exams.
- Details of the child or grandchild who will receive the savings.
Seguro Profesional
Life insurance that lets you build guaranteed savings to support your child or nephew or niece with their education or projects at different stages of their life.
- Choice of sum insured in case of your death: MX$60,000 or USD 12,000.
- A separate sum insured set aside for savings.
- Option to limit payments to 1, 5 or 10 years to make the most of your working years.
- Covers different stages of education, from primary school to graduate studies or a personal project, with terms of 7 to 30 years.
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- Get up to 3 times your sum insured.
- In case of disability or death, your premium payments stop.
- Tax benefits, since the savings are tax-free once the requirements of the current Income Tax Law (LISR) are met.
- Policyholder: 18 to 80 years old if you are the parent, aunt or uncle.
- Child: can be enrolled up to age 23.
What they ask for to buy it
- Live in Mexico.
- Fill out the insurance application and, if GNP asks, provide medical and financial requirements or additional questionnaires.
- Policyholder: 18 to 80 years old (father, mother, aunt or uncle).
- The child can be insured up to age 23.
Dibujando su Futuro
Education is the best inheritance you can give your children. Dibujando su Futuro is Insignia Life's education insurance that gives you the tools to build capital and pay for your children's university education without straining your family budget. Whatever their dream, what matters is that you can pave the way for them to make it come true.
- Accepted age of the main insured (policyholder): 18 to 70
- Minimum term: 5 years
- Can be purchased from the insured child's birth up to age 20.
- Available in pesos, dollars or UDIs*
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- If the insured passes away during the term, Insignia Life pays the sum insured to the designated beneficiaries, provided the coverage is in force at the time of death.
- Know the sum insured from the start.
- Builds a savings habit to reach your goals.
- The sooner you start saving, the higher the return.
Primera Base
Primera Base is Insignia Life's protection and savings insurance that helps you gather the funds for your children's primary, middle or high school education, with the peace of mind that your family's assets won't be affected.
- Available terms: from 2 to 20 years or until reaching age 60 or 65.
- Accepted ages from 15 to 70.
- No minimum premium or sum insured.
- At the end of the term, Insignia Life pays you the agreed amount in a lump sum or in installments over the period you prefer.
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- If you pass away during the term, your beneficiaries receive the sum insured.
Superación Plus
MAPFRE education insurance to secure your children's education at 15, 18 or 22; if you die or become disabled, the plan continues without further payments.
- The savings are paid when the child turns 15, 18 or 22.
- You can save for several children in the same plan.
- Can be purchased by parents, grandparents, relatives or another person, with the parents' authorization.
- Premium waiver if the policyholder passes away or becomes disabled: the plan continues until maturity.
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- Optional: individual or joint term insurance (200 % if both die in an accident) and an additional disability payment.
- Short-term endowments: savings inside your policy that also back its payment.
What they ask for to buy it
- Age to enroll: the child, from 0 to 10, 13 or 17 depending on the term.
- Term: until the child turns 15, 18 or 22 (minimum 5 years).
- Currency: dollars or UDIS.
Frequently asked questions
Education insurance: how much does it cost?
It depends on what you want to protect, the sum insured, the deductible and the insurer. We get quotes from several companies so you can compare price and coverage.
Which insurers offer education insurance across Mexico?
At 1SEGUROS we quote education insurance with MetLife, Allianz, AXA, GNP, Insignia Life and MAPFRE.
How do I sign up?
Message us on WhatsApp at +52 999 316 7145 from anywhere in Mexico, or visit our office in Colonia Yucatán, Mérida. We ask for the information we need, show you options and issue your policy.
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Education insurance for your children
Secure the money for your children's university, whatever happens.