Child Education Plan
Bringing up a child is a heavy responsibility, especially in today's uncertain world. Understanding your desire as a parent to secure your child's future, YippieCare is a policy that helps you save in affordable amounts on a regular basis. It is also specially designed to protect you as well as your child against any unforeseen circumstances.
With YippieCare, you benefit from the utmost flexibility, making funds available when the child reaches the age of 18, 21, 23 or 25, so that you have sufficient funds to provide for education plans or a nest egg.
YippieCare also provides more choices of additional benefits:
Waiver Of Premium
Should the Payor die or be totally and permanently disabled, the future premiums due until the policy matures are immediately waived.
Participating Rider
Bonuses will be offered at time of claim or maturity of the policy. The basic sum assured will increase to give an even higher return for your child.
Level Term Assurance
Extra coverage up to 4 times the basic sum assured provides additional benefits should the payor die or be totally and permanently disabled.
Critical Illness Cover
Enjoy protection against 36 dread diseases, with future premiums until maturity of the policy waived on first diagnosis of any of the covered conditions.
Accidental Death & Dismemberment Rider
Provides additional payment against death or dismemberment / total and permanent disability of the payor due to accidental causes.
Hospital & Surgical Benefit
A fixed daily hospital benefit is payable should the payor and/or child be confined to an approved hospital. The surgical benefit is payable according to the surgical schedule. A proportionate scale applies to children below 3.
Education Loan
You will be eligible to apply for an Education Loan from Maybank / Mayban Finance subject to approval.
Sign up for YippieCare today and enjoy these benefits:
- Protection for parent and child.
- Creation of a child's education fund which is tax free.
- A choice of optional benefits to suit individual lifestyles.
- Easy payment scheme through free Autodebit service.
- Special premium rates for Maybank / Mayban Finance accountholders.
- Convenience of one-stop financial centre at Maybank / Mayban Finance's extensive network of branches.
- Security of Maybank, a premier and trustworthy Bankassurer.
For more information, visit your nearest Maybank or Mayban Finance branch today, or please call our tollfree line