EDUKIDZ

Save for your child's education
while providing protection.

Save for your child's education while providing protection.

As a parent, you'd want to give your child some of the most important gifts any parent can give - education and protection. Introducing EduKidz, a savings plan that helps you save for your child's education while providing protection at the same time.

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Benefits
Guaranteed cash endowment Guaranteed cash endowment of 50% of the basic sum insured every year starting from 18 until 21 years old, equivalent to 200% of the basic sum insured.
Potential dividends
  • Non-guaranteed annual cash dividends which are projected to be payable from the end of the 1st policy year onwards.
  • One-off non-guaranteed terminal dividend (if any) to be payable upon maturity, surrender, death, or Total and Permanent Disability.
Lump sum benefit at maturity

Additional lump sum benefit when your child reaches 22 years old.

  • 50% of basic sum insured
  • Any accumulated guaranteed cash endowments
  • Any accumulated non-guaranteed annual cash dividends
  • Any non-guaranteed terminal dividend
Guaranteed level premium Premiums paid are fixed and guaranteed throughout the payment term.
Tax-relief Premiums paid are eligible for income tax relief of up to RM3,000 for medical and educational insurance*.
Additional protection for greater peace of mind Combine Edukidz with Payor Benefit rider to enhance the level of protection. Should an unexpected event happen to you, the basic premium for EduKidz will be waived.
Value-added education consultation services

Provides education consultation services with regards to the following:

  • Accommodation referral
  • University referral
  • Student visa and immigration information
  • Excess baggage storage facility referral and arrangement
  • Airline reservation
  • Logistics referral and arrangement
  • Vaccinations information

Note: For services other than merely consultative, there will be expenses incurred and the related charges imposed shall be borne by the customer.

* To be eligible, Payor Benefit Rider must be attached to the EduKidz policy. Tax relief is subject to the Malaysian Income Tax Act 1967, and the final decision of the Inland Revenue Board.

Underwritten by AXA Affin Life Insurance Berhad (723739-W).

Requirements
Minimum and maximum entry age (last birthday)
  • Minimum entry age: 15 days old
  • Maximum entry age: 10 years old
Premium payment term Premiums are payable until the insured reaches 18 years old

Underwritten by AXA Affin Life Insurance Berhad (723739-W).

How To Apply
  • Citibank Online Convenient, secure & efficient banking at your fingertips!

Exclusion:

  • Death was due to suicide within 1 year from the policy date or any date of reinstatement, whichever is later.
  • Total and permanent disability was due to intentionally self-inflicted injury; any act due to war, declared or not; or military, naval or air service for any country at war, declared or not.

Note: This list is non-exhaustive. Please refer to the policy contract for the full list of exclusions under this policy.

Disclaimer:

  1. These insurance products are obligations only of the insurance company.
  2. They are not bank deposits or obligations of or guaranteed by Citibank Berhad, Citibank NA, CitiGroup Inc. or any of its affiliates or subsidiaries.
  3. This document does not constitute the making of any offer or invitation to subscribe for insurance products nor does it amount to solicitation by Citibank Berhad, Citibank NA, CitiGroup Inc. or any of its affiliates or subsidiaries for application of insurance products by anyone in any jurisdiction in which the making of such offer or invitation to subscribe or the solicitation thereof is not authorized or to any person to whom it is unlawful to make such an offer, invitation or solicitation.
  4. This document also does not constitute the distribution of any information by anyone in any jurisdiction in which such distribution is not authorized or to any person to whom it is unlawful to distribute such a document.
  5. Please refer to the Product Disclosure Sheet for further details. All benefits listed above are subject to terms and conditions. You are advised to read and understand the policy terms and conditions before you decide to purchase the policy.