Grow your child’s education fund affordably

As parents, many of us wonder what our little one is going to grow up to be. A doctor? A lawyer, perhaps? In any career, a good education goes a long way towards helping your child enjoy a smoother, more successful journey through life. With the rising cost of education, it’s never too soon to prepare for the day you send your little one to college.

Education Planning opens the door for your child to enjoy better education opportunities. An investment-linked insurance plan, it grows your child’s education fund with additional investment allocations – while also providing protection against the unexpected. You can start with as low as RM100 a month, making it an affordable education plan to secure your child’s future.

Key Benefit

 Be protected against life’s uncertainties:
Should death or TPD occur, the plan provides financial support with payment of the Basic Sum Assured, along with the total investment value in accordance with the provisions of the policy.

 Choose your own unit funds:
Education Planning Saver allows you to choose from a wide range of professionally managed unit funds to suit your risk appetite and investment style, as well as the flexibility to switch funds.

 No-Lapse Guarantee in the early policy years:
A ‘No-Lapse Guarantee’ in the first three policy years ensures that your policy will continue to remain in-force even if your Total Investment Value (TIV) becomes zero, so long as the premiums are paid consistently on each premium due date, or during the grace period, and no withdrawal is made within the first three policy years.

 Tax relief:
Benefits received from Education Planning Saver are generally non-taxable and premiums paid may qualify for tax relief. However, tax benefits are subject to the Malaysian Income Tax Act, 1967, and final decision of the Inland Revenue Board.