New Education Savings Plan Supports Parents In Managing Future Costs
Author Avatar

Education continues to be one of the biggest financial commitments for Malaysian families. With tuition fees rising both locally and abroad, planning early has become essential. To help parents prepare, Zurich Life Insurance Malaysia has introduced Zurich EduMax, an education savings plan that combines structured saving with financial protection.

The Growing Cost Of Education

In Malaysia, the cost of tertiary education can range from RM50,000 to RM500,000 depending on the course and institution. For those planning to study overseas, total expenses can exceed RM1 million when tuition and living costs are included.

These figures highlight the importance of early and consistent financial planning. Zurich EduMax aims to provide a clear, flexible approach that allows parents to save gradually while keeping their children’s education fund protected.

Balancing Savings And Protection

Zurich EduMax combines guaranteed cash payouts with the option to invest through the EduSaver Investment Account. This allows parents to tailor their savings according to their goals, whether they are planning for local or international studies.

The plan also includes insurance protection to ensure the child’s education fund remains secure. If a parent passes away, becomes totally and permanently disabled, or is diagnosed with a covered critical illness, future premiums are waived for the remainder of the term. An ICU Support Benefit equal to 12 months of premiums is also provided if a parent is admitted to intensive care.

Recognising Every Achievement

The plan rewards children’s milestones with bonuses of up to RM10,000, among the highest in the market. These milestone rewards apply to both academic and sporting achievements, encouraging children to pursue their goals and giving parents another reason to celebrate their success.

Encouraging Early Action

Zurich EduMax offers families a structured, transparent way to manage the long-term costs of education. By combining disciplined savings, protection benefits, and milestone rewards, it supports parents in building a stronger foundation for their children’s future.

More information is available at Zurich EduMax or through Zurich Malaysia’s wealth planners.

For families exploring other protection options, learn more about whole life insurance plans in Malaysia to find coverage that grows with your needs.

Follow us on our official WhatsApp channel for the latest money tips and updates.

5 1 vote
Article Rating
SHARE

Comments (0)

Subscribe
Notify of

0 Comments
Inline Feedbacks
View all comments
Most Viewed Articles
Most Viewed Articles
Post Image
Insurance
Zurich Malaysia Introduces EV-Focused Insurance
Samuel Chua
- 18th September 2025
Zurich Malaysia has rolled out Z-Driver EV Protect, a new motor insurance and takaful add-on created specifically for […]
Post Image
Insurance
BNM Delays Health Takaful To 2027, GP Fee Maintained
Samuel Chua
- 13th October 2025
Bank Negara Malaysia (BNM) has announced that the basic Medical and Health Takaful Insurance, which supports the diagnosis-related […]
Post Image
Insurance
Your Company’s Medical Coverage Could Soon Change And Here’s Why
Samuel Chua
- 10th November 2025
Rising medical insurance costs may soon affect how employers structure healthcare benefits for their staff. With projections pointing […]
Post Image
Insurance
Takaful Malaysia Introducing Life Protection And Non-Motor Coverage
Samuel Chua
- 17th September 2025
Syarikat Takaful Malaysia Keluarga Bhd is introducing individual life protection plans and expanding its general takaful business beyond […]

Related articles

Related Posts Image
Related Posts Image
Related Posts Image
Related Posts Image