In an era defined by uncertainty and rapid change, one question sits at the center of every parent’s mind: How do we secure a safe, stable foundation for our child’s future? For years, Dunav Insurance Company has championed a solution that blends financial foresight with emotional intelligence: scholarship insurance, a long-term investment designed to give children a stronger start in life.
“Every parent knows how quickly time passes. One day you’re helping them take their first steps; the next, they’re heading off to school with a backpack full of questions,” says Nikoleta Subert, Director of the Life Insurance Sales Directorate at Dunav Insurance Company. “We teach them to be brave and follow their dreams, but dreams also need resources. Scholarship insurance is one of the most meaningful ways to make those dreams possible.”
According to Subert, the math is surprisingly accessible: for less than 100 dinars a day — roughly what many of us casually spend on coffee or snacks — parents can build a financial cushion that becomes priceless later on.
“It’s love translated into monthly contributions,” she says. “A practical, long-term act of support that opens doors for a child when it matters most.”
Unlike traditional savings, scholarship insurance comes with a message baked in: confidence, stability, and trust. The funds can be used for higher education, university enrollment, relocation, launching a career, or even starting a business — any pivotal moment that shapes a young adult’s trajectory.
While parents and guardians are the most frequent policyholders, grandparents are increasingly viewing scholarship insurance as a legacy gift with enduring value. Policies can be initiated as early as birth — offering the longest investment runway and the lowest monthly payments — but even families with school-aged children still benefit. The minimum policy term is just four years, making it a flexible tool for late starters.
“Everyone can find a model that fits their financial reality,” Šubert notes. “This type of insurance grows with the child and adapts to the family. And when the child reaches adulthood, they become the legal owner of the funds — gaining not just financial support, but also a lesson in independence.”
Despite its advantages, scholarship insurance currently represents only about 20% of Dunav’s life-insurance portfolio, largely due to misconceptions about cost and low awareness.
“That’s the narrative we’re working to change,” Šubert explains. “Our mission is to make the concept intuitive and relatable — through digital outreach, social content, media communication, and direct conversations with families. A child’s future isn’t built in leaps; it’s built in daily steps. That’s why scholarship insurance can become the most impactful gift a parent ever gives.”
More information on scholarship insurance and other life insurance options is available at www.dunav.com, or through the toll-free number 080 386 286.