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TERTIARY EDUCATION ASSURANCE

	Computer Shield
	Tertiary Education Assurance
	Overseas Studies Insurance

Tertiary Education Assurance Plan

Brief Introduction

What’s going to happen when the breadwinner of the family is unable to continue to finance your education due to an accident or retrenchment?

If these are your concerns, we have a low-cost solution that should take a huge load off your mind. It’s called the Tertiary Education Assurance Plan.

Tertiary Education Assurance Plan will pay your School Fees and provides Pocket Money in the event your parent (Insured Person) sustains bodily injury, due to an accident anywhere in the world, resulting in death or permanent disablement within fifty-two (52) weeks from the date of the accident.

It also provides Retrenchment Allowance to cover your meals, transportation and books when your parent is retrenched from his/her employment.

General Conditions

Insured person is permanently residing and working in Singapore
Insured person must be aged between 40 – 65 years of age

Territorial Limits

Worldwide

Coverage

	Plan
Benefits	Sliver	Gold
School Fees	S$10,000 per year	S$20,000 per year
Pocket Money	S$400 per month	S$400 per month
Retrenchment Allowance	S$400 (up to 4 months)	S$400 (up to 5 months)

Exclusions

Please refer to Insurance Solutions for the details.

Premium

Please refer to Insurance Solutions for more information.

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overseas studies insurance

Overseas Studies Insurance

An insurance that grants you a peace of mind by guarding your child’s well being, even when you are miles away.

It provides:

Protection for your child – 24 hours worldwide cover against sudden, unforeseen and unexpected events when your child is studying overseas, when back home during holidays and even when traveling during their vacation.
Freedom with your money – by arranging a Banker’s Guarantee* on your behalf, you will not need to tie up your cash with the bank, where you are required to provide a bank guarantee to MINDEF for your child’s deferment from National Service to pursue an overseas course *

*Banker’s Guarantee of S$75,000 is the minimum guarantee amount, depending on the annual combined family income. Actual amount required to be advised by MINDEF.

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