SMILE Education Plan 15/15
Benefits
- Get 200% of Sum Assured in case Death / Total Permanent Disability (TPD) cause by illness or accident or,
- Get 115% of Sum Assured at the end of year 15 as survival benefit
Product Features
| Insured age | From 18 to 50 years Old |
|---|---|
| Sum assured | Starts from $4,000 |
| Policy term | 15 years |
| Premium payment mode | Annually, Semi-Annually, Quarterly and Monthly |
| Premium | Starts from $269.32/annually (1) |
(1) For Parent age between 18-30 years old with good health condition, with sum assured of $4,000
For Example: Mr. A age 30 years old purchased SMILE Education Plan 15/15 to protect his 3 years old's education with $10,000 sum assured for 15 years.
| Premium payment mode | Premium |
|---|---|
| Annually | $ 691.70 |
| Semi-Annually | $ 359.70 |
| Quarterly | $ 186.80 |
| Monthly | $ 62.94 |
What are the benefits that Mr.A will get?
- Guaranteed $10,000 Payable (100% of sum assured), plus
+
- Guaranteed cash bonus of $1,500 payable at the end of year 15th (15% of sum assured) Or
- In case Mr. A got into an unfortunate accident and pass away in year 3, his family will receive $20,000 (200% of Sum Assured) immediately to support the family's living and ensure his children's continued education.
- *This benefit will be paid at the end of year 15.
- **This policy shall be terminated when the benefit of Death/TPD is paid
- All information provided in this website is for marketing purpose only. For more detail information, please contact our company or Insurance Advisor at Canadia bank branches.
- Term and conditions apply.
