Protection for Today, funding for tomorrow’s education
With GreatLife International Scholar Insurance:
| you can invest in any or all of the following foreign index-linked funds - Lion AU-i Fund, Lion UK-i Fund and Lion US-i Fund, depending on where you choose to send your child to. Whichever foreign fund you choose, your investment grows in that country of your choice. So in time, when your child is ready for higher education, your finances will be as well. | |
| you will enjoy unique Campus Planning privileges with regular updates, news and tips on education to help you plan for your child's future. | |
| in addition to having your funds professionally managed, your child will be protected by the insurance coverage. | |
| you have the flexibility and total control over where and how much you want to invest, the coverage amount, and the premium you want to pay. You can start investing in Great Life International Scholar Insurance with as little as RM3,600 a year or RM300 a month. | |
| you have the option to enhance your protection with the following supplementary benefits - Premium Waiver Benefit (waives your premium payments if disability or critical illness occurs) and Payer Benefit (provides benefit on the life of the payer) | |
| you can top up to increase your investment or make withdrawals at anytime. | |
| you may also switch your investment between the three foreign index-linked funds at any time or switch your investment to any local fund of your choice (Limited to one switching per policy provided that the policy has been in-forced for 5 years and a minimum basic premium of RM3,600 a year is maintained. No partial switching is allowed). | |
| you are allowed to increase your sum assured at anytime to enhance your financial protection |
You may apply for GreatLife International Scholar Insurance if your child is between 1 month attained age to 23 years old next birthday. We offer flexible term ranging from 2 years to 24 years. The maximum term is at 25 years minus the entry age of your child.
Upon maturity of the policy, the total investment value will be payable. The sum assured and the total investment value of the units are paid upon death or Total and Permanent Disability (TPD)*. Benefits received from GreatLife International Scholar Insurance are generally non-taxable and premiums paid may qualify for tax relief.
* You have the option to retain the units in your policy. The sum assured and total investment value (if any) shall be payable in accordance to TPD provisions.


