Personal Line

Children Education Policy


This is a with profit education policy. Premiums are payable for terms of 10, 11… 19, 20 years as selected by the policy holder in return for a guaranteed sum assured. The policy is taken out on the life of the parent as the life assured for the benefit of a nominated child. Benefits are payable either at maturity or for 2 or 4 years after maturity as selected by the policy holder.

NISCO Education life assurance plan ensure that your child future financial need are taken care of even in your absence.

An overview

Nyala Insurance Share Company (NISCO) was founded in July 1995 following the liberalization of the insurance business to the private sector in 1994 with the Licensing and Supervision of Insurance Business Proclamation No. 85/1994. Read more...


Apart from its major investments in real estates in the downtowns of Addis Ababa, Bahir Dar and Nazareth, Nyala Insurance selectively invests in various financial institutions like Dashen Bank, which have potentially high investment returns. Read more...


Contact us

Protection House, Mickey Leland Street

Tel: +251-11-6626679/80/76