SMILE Education Plan 15/10
Benefits
- Premium payment only 10 years but get 15 years protection
- Get 200% of Sum Assured in case of Death / Total Permanent Disability (TPD) cause by illness or accident or,
- Get 110% of Sum Assured at the end of year 15 as survival benefit, plus (+)
- Get extra 5% of Sum Assured every 5 years (Year 5th, Year 10th & Year 15th)
Product Features
Insured age | From 18 to 50 years old |
---|---|
Sum assured | Start from $3,000 |
Policy term | 15 years |
Premium payment mode | Annually, Semi-Annually, Quarterly and Monthly |
Premium | Starts from $303.15/monthly(1) |
Death / Total Permanent Disability (TPD) Coverage form illness or accident shall be terminated when insured attains age 71 years old. | |
(1) For Parent age between 18-30 years old with good health condition, with sum assured of $3,000
For Example: Mr. C age 30 years old purchased SMILE Education Plan 15/10 to protect his 3 years old son's education with $10,000 sum assured for 15 years.
Premium payment mode | Premium |
---|---|
Annually | $ 1034.30 |
Semi-Annually | $ 537.80 |
Quarterly | $ 279.30 |
Monthly | $ 94.12 |
What are the benefits that Mr.C will get?
- Guaranteed $10,000 payable (100% of sum assured)
+
- Guaranteed cash bonus of $500 payable every 5 years (5% of sum assured) or

- In case Mr. C 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 10.
- **This policy shall be terminated when the benefit of Death/TPD is paid.
- Total Permanent Disability (TPD) coverage from illness or accident shall be terminated when insured attain age 71 years old.
- 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.