What is EDLife® ?

  • EDLife® is the owner of patent invented by Alazar C Yinbal, EDLife® founder and CEO.
  • The patent creates significant barrier of entry to any competitor.
  • Based on said significant patent, EDLife® created and owns the unique, disruptive, product – EDLife® Individual Endowment (Life) Policy©.
  • EDLife® product will be offered either as an insurance policy or financial contract, worldwide, to guarantee an EVENT: Future full payout of up to 4-year college degree. Neither an amount nor a return are promised.

HEPI 1961 – 2013

  • Over time the HEPI (higher education price index) is near straight line.
  • Meaning: Future higher education cost is PREDICTABLE
  • Actuarially – Manageable Risk highly correlated the CPI


The last 25 years average gap between the HEPI and the CPI is less than 1% (0.792%)!!!

If you examine data from an even earlier time, say, starting in 1970, the picture is even better, from that prospective.

NOTE: The Average HEPI inflation, over the last 25 years – 3.484%

Over time HEPI is over 99% correlated to the CPI

College Price

As published by Business Insider, NerdWallet used data from the College Board to create this chart, which concludes that average college costs for the class of 2037 will be nearly $262,000 at a four-year private school, and will exceed $133,000 at a four-year public school.

Current 4-year Private non-profit top tier will cost a family close to ~$260K The weighted average is ~$179K. 2033, enrolling to same top tier program, will cost a family ~$550K, yet, The predicted average is ~$262K, and rightfully so.

Note: The total top tier cost today (not the weighted average) equals the top tier national weighted average 17 years from now!!!

College Payout Factors


  • Graduation Rate – Approximately 55% enrollees actually graduate.1. HALF of all policies will require only partial payout.2. The Policy pays out per official signed admission papers.3. No admission, no payment.
  • Graduation Time – Undergraduate degree median time – 52 months. 33% will graduate in 60-72 months.
  • Drop-Out Rate – 1/3 of all enrollees drop out.1.At least 1/3 or all policies will not be put for payout.

√ The policy matures at 1st college payout.

√ Carrier pays college when beneficiary is in college.

√ It pays NOT when the beneficiary is NOT in college.

Significant factors substantially and favorably affect the future Obligation and the future NET Payout


6 UNDISPUTED Elements of consistency support EDLife® effort to defy the myth wrongly affecting the view of higher education cost.

  • Price increase is predictable, behaving on a straight line curve.
  • Over time, price have never exceeded 4% average annual increase.
  • Actually, the last 25 years, the average annual higher education cost increase = 3.48%
  • Over time, examined from 1961 to present, the average annual gap between HEPI and CPI, never exceeded 2%.
  • We showed previously how the last 25 years gap was LESS than 1%, 0.792% to be exact.Last element of CONSISTENCY showed via the ENROLLMENT statistics:
  • The U.S. enrollment in the last 4 decades, and as currently predicted by the U.S. department of education, till 2021, is also CONSISTENT.The higher education total enrollment growth, according to the U.S. government, is predictably consistent, between 11% to 13% for every decade.
    2012- 2021 = 11.18%
    2003 – 2012 = 12.75%
    1994 – 2003 = 11.84%
    1985 – 1994 = 11.66%
    1976 – 1985 = 11.12%While applications and admissions increase, actual ENROLLMENT stays CONSISTENT, and, PREDICTABLE.

Not only price could be therefore predictable, enrollment could be predicted with confidence as well.

EDLife® Product Value Chain

  • EDLife® licenses the underwriter to issue the EDLife® Individual Endowment (Life) Policy©
  • Selected underwriters issue the policy, adapting it to various markets’ regulations.
  • EDLife® is also the global General Agent, also ready to partner with a reputable national MGA
  • EDLife® licenses various financial services groups, geographically, to distribute, and/or, locally, co-underwrite the policy
  • The underwriters assume the risk and are solely responsible for the future colleges payout.


Operations Schematics

Operational Chart – USA

Operation Flow Chart

How the product works?

  • EDLife® product is designed as an endowment life policy. It is unique, innovative and no such solution currently exists locally or globally!
  • The product will be offered to parents/grandparents of children 0-5 years old, worldwide. Premium payments could vary from lump sum to periodic payments schedule.
  • When the insured child reaches college age (17-25), any college he/she admitted to, worldwide, will be paid in full per the official college’s published prices the prior year – tuition, room & board, books & supply, fees, while totally covering college cost inflation!
  • Built in minimum 12% IRR and 7% reserve are calculated in the pricing suggested by Milliman.

EDLife® Product Proposition

  • EDLife® will offer an Envelop Contract consisting of 2 elements:
    1) Primary Coverage
    2) Reinsurance
  • Primary policy will guarantee CPI + 2% (negotiable: goes up with interest rate increase, capped at 5%).
  • Reinsurance will cover the gap between the Primary and the actual NET cost per the official Admission Contract.

* NET price, which will actually be paid out, is on average 46% of the Published price.

* Meaning, the actual weighted average payout will end up half the future price’s figures shown.