Zurich Life Insurance Malaysia Berhad (Zurich) introduced Zurich EduMax, a comprehensive education savings plan designed to support parents and guardians in planning for their children’s education, empowering families to save smart and inspire their children to dream big. This plan offers parents and guardians a strategic approach to grow their children’s education fund while ensuring financial security and peace of mind throughout their educational journey.
and Pauline Teoh, Chief Executive Officer of Zurich Life Insurance Malaysia Berhad at the launch event of Zurich EduMax. | Photo by Zurich Malaysia/NHA File Photo
Raising a child in Malaysia today comes with significant financial responsibilities, especially when it comes to education. In Malaysia, the total cost of studying locally can range from approximately MYR 50,000 to MYR 500,000, depending on the programme and university, while pursuing a tertiary education abroad can easily exceed MYR 1,000,000 in total, including tuition and living expenses. These figures highlight the importance of early planning and thoughtful financial management. With Zurich EduMax, parents and guardians can plan confidently, giving their children a strong foundation to pursue their dreams.
Pauline Teoh, Chief Executive Officer of Zurich Life Insurance Malaysia Berhad, said, “At Zurich Malaysia, we have always believed that caring for what matters begins with the everyday choices we make for the people we love. For parents or guardians, that means giving their children not just opportunities, but the confidence to pursue them. With Zurich EduMax, we want to help families plan ahead, so that they can build, secure and celebrate their child’s future.”
Reflecting Zurich Malaysia’s commitment to empowering families, Zurich EduMax is built around three core pillars, Build, Secure, Celebrate, offering flexibility, protection and meaningful rewards that grow with each milestone in a child’s life:
Build: Grow your child’s education fund with guaranteed cash payouts and the option to invest through the EduSaver Investment Account, giving you flexibility to tailor your savings to their educational goals.
Secure: Safeguard your child’s future with the Payor Benefit Rider, which protects both parents for greater peace of mind in the event of death, Total and Permanent Disability or diagnosis of a covered critical illness, premiums are waived for the remaining repayment period, and an ICU Support Benefit equivalent to 12 months’ premiums is provided if admitted into ICU, ensuring the child’s education fund stays on track.
Celebrate: Reward your child’s achievement with the highest milestone rewards in the market, up to MYR 10,000, recognising not only academic excellence but also sport achievements – making every success worth celebrating.
The Zurich EduMax customer launch event was held on 1 November 2025 at Toy8, The Gardens Mall, bringing together parents, guardians and children for a day of learning and inspiration. The event featured a morning launch session, followed by interactive family workshops designed to help parents better plan for their children’s educational journey. Guests also had the opportunity to explore Zurich Malaysia’s new educational planner and themed video.
To celebrate the launch, customers who sign up during the Early Bird Campaign, running until 28 November 2025, will enjoy an extra cashback of up to 4 per cent of their chosen Basic Sum Assured.
Source: Zurich Life Insurance Malaysia Berhad (Press Release)