Generally, I don't touch "child education insurances" except for it's tax relief purposes as the returns are usually miserable. Since I've 18 years to invest and make sufficient returns, investing into good companies' stocks, ETFs, REITs or mutual funds will handily beat the average returns from most "child education insurances".
Please note that Malaysia's income tax currently has 2 different reliefs pertaining to this area:
- child education insurance / medical insurance premiums: Up to RM3,000 pa
- SSPN from PTPTN: Up to RM3,000 pa
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