SmartEducate Saver provides opportunity for your child to enjoy better education by saving and investing. As a 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.
|Level of Investment:||up to 95%|
|Terms:||up to 18 years|
|Coverage Terms:||Flexible and able to boost investment value until age 17 years|
|Investment Funds:||Flexibility to switch funds|
|Tax relief:||Yes (subject to the Malaysian Income Act)|
Govern by the PTPTN which offers the lowest saving plan for your child education fund. It's better than no saving at all. Starting from as low as RM30.00 to RM500.00 per month, this plan gives you a coverage of sum assured from RM20,000 onwards.
Other benefits includes critical illness benefits, covers Room & Board at GH, income tax claimable, yearly lucky draw and many more benefits.
For more detail visit SSPN-i plus site
|Age limits:||from 1 day to 29 years|
|Tax Relief:||up to RM6,000|
|Yearly dividen:||Yes, from 3% onwards*|
|Insurance Coverage:||Yes, Takaful coverage|
|Critical illness coverage:||Yes, covers 36 Critical Illness|
|PTPTN loan:||Yes, Eligible for PTPTN educational loan|