Education Savings And Insurance Plan

	Education reward A lump sum payment of: RM500 will be awarded when the life assured completes the UPSR/PSLE/equivalent Standard 6 exams. RM1,000 will be awarded when the life assured completes the SPM/SPVM/O-Level/equivalent standard Form 5 exams.
	Education Booster Fund (EBF) 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.
	Guaranteed maturity benefit Sum assured; or Total premiums payable, whichever is higher.
	Life insurance benefit (life assured - child) The following will be payable upon death or total and permanent disability (TPD): Sum assured; or Total premiums payable, whichever is higher, plus EBF.
	Policy owner waiver of premium benefit (parent/legal guardian) Should death or TPD befall the policy owner, the remaining premium payments will be waived and the policy will remain in force.
	Additional tax relief 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.