Life Protection
Protect your loved ones’ future from life’s uncertainties.
A‑EduAchieve 2
Savings & Investment
Coverage Period
Up to 25 years old
Entry Age
14 DAYS - 10 YEARS OLD
You can buy this via
AIA life planner
WHAT IS THIS PRODUCT ABOUT
A good education is the greatest gift you can give your children because it opens doors and gives them the skills and tools they need to navigate the world.
A-EduAchieve 2 is a unique plan that combines savings, protection and investment elements to help you grow the money you want to set aside for your children's education.
What does it provide?
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Customised Savings Plan
A-EduAchieve 2 includes an education savings fund to help plan for your child's education.
The plan gives you the freedom to increase or decrease the amount you want to set aside as savings, as your circumstances change.
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University Startup Booster
To celebrate your child's 18th birthday, we will boost his or her education savings fund with a bonus payment of up to 15 times your monthly regular premium.
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Death & Disability Benefits for Parent
As a parent, it's important for you to know that your child's education fund will not be impacted if you should unexpectedly pass away or suffer a loss of income due to a disability. This plan is packaged together with A-Plus Payor or A-Plus PayorExtra to give you that peace of mind.
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Additional Protection Through Anniversary Bonus
We reward you with extra coverage when you stay longer with us.
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Investment-Linked Funds to Match Your Needs
You can choose how your money is invested by changing funds whenever you want, at no cost.
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Plan Conversion Privilege
When this plan ends, you have the option to immediately convert it to another investment-linked basic plan for your child, without further underwriting.
Insurance Lingo Explained
What does anniversary bonus mean?
This means we will increase the amount you are covered for, without increasing your premium, for every year you stay with us.
What does investment-linked mean?
It means the value of your policy will depend on the performance of the investment funds you choose.
Like what you've read? This is just a summary of our product. If you want more information, you can view our brochure or contact an AIA Life Planner.
THE TERMS & CONDITIONS AT A GLANCE
- This plan covers up to age 25, provided the policy remains in force and the fund value is sufficient to pay for the insurance and other charges.
- The Anniversary Bonus increases the amount you are covered for by 1% each year at no additional cost, starting from the beginning of 2nd policy year until it reaches 120% of the amount you are covered for. The Anniversary Bonus will be given based on the policy year when the premium is last paid.
- The cost of insurance is deducted depending on your child's attained age and it will increase as your child's age increases.
- The cost of insurance for this plan is not guaranteed and AIA reserves the right to revise the cost of insurance by giving you 3 months written notice.
- You may switch your funds as you need, except for AIA Asian Debt Fund, AIA Asian Equity Fund and AIA International High Dividend Fund. The switching fee is currently free and AIA reserves the right to revise the switching fee by giving you 3 months prior written notice.
- Under the conversion privilege, the sum assured to be converted shall not be higher than the sum assured of this plan.
- The policy account value is not guaranteed and fluctuates based on the performance of AIA Investment-Linked Fund. The potential risks in investing in the funds are borne solely by you.
- The premiums paid for this plan may qualify you for a personal tax relief, subject to the final decision of the Inland Revenue Board of Malaysia.
- Please note that premiums paid by business organisations are subject to the applicable tax imposed by the Government of Malaysia at the prevailing rate.
- The information above is not exhaustive. It is recommended that you request for a copy of the Sales Illustration and Product Disclosure Sheet to know more about this product. For a detailed explanation of its benefits, exclusions, terms and conditions, please refer to the policy contract.