Child Education Takaful Plan (CETP)

Child Education Takaful Plan (CETP) provides you with protection and long-term savings to finance the higher education expenses of your child. The plan will provide your child with financial benefits if you suffer any set back covered under the plan. The plan also gives your child long-term savings (or education fund),that your child can use to continue his/her studies.

Participating in a CETP also makes you eligible for personal tax relief of up to a maximum of RM3,000 per year for the combination of both medical and education plans. A family takaful rider or an extension of basic coverage for both you and your child is also available. The rider provides coverage against personal accident and disability, hospitalisation benefits, funeral expenses and critical illnesses.

Salient Features

i) Open to all individuals aged 18 to 55 years and children aged between 15 days to 17 years

ii) Limited choice of maturity periods

iii) No forfeiture in the event of cancellation

iv) Facility for part-withdrawal.

v) Surplus sharing with takaful operator.

vi) Provide long-term savings and investment