As parents, one of the best things you can give your child is a good education. That’s why planning ahead with the right education savings plan like Sun EduSmart is vital.
A lump sum payment of:
EBF is a non-guaranteed additional amount of money that will be paid on top of the Guaranteed Maturity Benefit upon maturity, and is not available for withdrawal before maturity. It is an annual addition that will be pro-rated and credited at the end of each policy monthly anniversary according to the benchmark yield.
The following will be payable upon death or total and permanent disability (TPD):
Should death or TPD befall the policy owner, the remaining premium payments will be waived and the policy will remain in force.
Tax relief under insurance premium for education benefit in addition to the usual tax relief for life insurance and Employees Provident Fund (EPF).
Note: Terms and conditions apply.
The benefit(s) payable under eligible certificate/policy/contract is(are) protected by PIDM up to limits. Please refer to PIDM’s Takaful and Insurance Benefits Protection System (TIPS) Brochure or contact Sun Life Malaysia Takaful Berhad or PIDM (visit www.pidm.gov.my).
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