shawn asked 10 years ago
Dear KC,
Could you tell me what is the differences between Smarteducate saver and eduscholar?
If smarteducate saver include the smartmedic xtra rider. After maturity claim, which mean the smartmedic xtra rider will be forfeited?
Regards,
shawn
1 Answers
KCLau Staff answered 10 years ago
After I checked with my associate Mr. Ooi Teng Aik told me this:
1) GES is a traditional endowment education policy, while SES is an investment-linked plan which has lower distribution cost, so that it will have higher projected TIV (total investment value) in future. Both plans can be used for tax-relief purpose.
2) Yes. Hence, it’s safer to include the medical benefit in a wholelife plan instead of a term one.