Income Protection for your loved ones!

Income Protection for your loved ones!

Income protection is becoming crucial when you are starting a family. Have you considered how much money needed to raise one child? The cost of food, clothing, education, healthcare to entertainment could cost you a lot more than a parental love.

We did a research to find out how much does it cost to raise a child in Malaysia. Hence, you will know how it will affect your family if you’are considering quitting your job and depend on a single source of income or something bad happens to you or your partner such as death, total permanent disability or critical illness.

As a parent, study found out that approximately RM247,973  to RM1.6 million to raise your child born in 2014 up to tertiary education. It varies between that amount depending on the location of tertiary education.

cost1

The following are the comparative table to raise a child born in 2014 based on their tertiary education:cost2

You may get huge discount for raising you child if they study in Malaysia or get a scholarship to study in oversea tertiary education. However, the numbers show that it does need significant part of your income to raise your child.

So, the question remains is what about the unpredictable events that could derail your family’s future? The importance of having an income replacement grows significantly when you have a child.

Because it is so important, Great Eastern Takaful comes out a new promotion for you to provide an income protection for your family with minimum RM500,000. Takaful that is  providing you with a high value of income protection at lower price, loyalty bonus and maturity benefit.

This promotion will last until 100th person sign up with us!

Below is an example income protection for 30 years term for 30 years old man who is working as executive:

promote


Sign up to get your PROMOTION!

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