Start Saving and Fulfill Your Child’s Dreams with Simpan SSPN Plus

ArticleJuly 15, 2026

By Nur Fatihah Mustafa, CEO of Zurich Takaful Malaysia Berhad

Every parent wants to give their children the best opportunity to achieve their dreams. With early financial planning, you can help ensure their education savings are secure and confidently protected.

Zurich Takaful Malaysia Berhad is the appointed Takaful Operator for Simpan SSPN Plus an education savings product with Takaful protection offered by Perbadanan Tabung Pendidikan Tinggi Nasional (PTPTN) to Malaysian citizens.

With contributions starting from just RM30 per month, Simpan SSPN Plus offers*:

Tax relief of up to RM8,000
Comprehensive Takaful protection benefits
Flexible savings based on your preferred monthly commitment
Financial security to help safeguard against life's uncertainties

Upon approval by Zurich Takaful Malaysia Berhad, a Takaful certificate will be issued to the Simpan SSPN Plus depositor. Takaful protection will take effect from the account opening date.

No service fee or additional charges will be imposed on depositors for opening a Simpan SSPN Plus account via the myPTPTN application. If a depositor decides to cancel the account opening within fifteen (15) days from the account opening date, the depositor may close the account and the full deposit amount will be refunded.

Register your Simpan SSPN Plus account today to enjoy the benefits of education savings and takaful protection. To subscribe please visit Portal Rasmi PTPTN - Zurich Takaful Malaysia Berhad (ZTMB)

*Terms and conditions apply.

Account Opening Requirements

Malaysian citizens aged 16 years up to, but not including, 65 years old

Beneficiary

Malaysian citizens aged 1 day up to, but not including, 29 years old
The beneficiary must be yourself, your biological child or a legally adopted or foster child
A depositor may open only one Simpan SSPN Plus account for each beneficiary
Different depositors may open Simpan SSPN Plus accounts for the same beneficiary

Monthly Commitment
Depositors are required to complete a salary deduction, auto debit or direct debit authorization for payment of the monthly commitment.

Savings Package

Subject	Intan	Delima	Topas	Zamrud	Nilam	Berlian
Simpan SSPN Savings	RM20	RM40	RM90	RM180	RM270	RM200
Takaful Contribution	RM10	RM10	RM10	RM20	RM30	RM300
Total Monthly Commitment	RM30	RM50	RM100	RM200	RM300	RM500

Takaful Benefits by Package

Subject	Intan	Delima	Topas	Zamrud	Nilam	Berlian
Death
• Death Due To Natural Causes (RM)	30,000	30,000	30,000	60,000	90,000	600,000
• Accidental Death in Malaysia (RM)	60,000	60,000	60,000	120,000	180,000	1,200,000
• Accidental Death in Malaysia (including on Public Conveyance) (RM)	60,000	60,000	60,000	120,000	180,000	1,200,000
• Accidental Death Outside of Malaysia (RM)	60,000	60,000	60,000	120,000	180,000	1,200,000
Invalidity
Total Permanent Disability (TPD):
• Due to Natural Causes (RM)	30,000	30,000	30,000	60,000	90,000	600,000
• Due to Accidental Causes (RM)	60,000	60,000	60,000	120,000	180,000	1,200,000
Partial Permanent Disability (PPD):
• Due to Accidental Causes (RM)	10,000	10,000	10,000	20,000	30,000	100,000
• Due to Natural Causes (RM)	10,000	10,000	10,000	20,000	30,000	100,000
Critical Illness
Coverage amount (RM)	12,000	12,000	12,000	24,000	36,000	120,000
The number of diseases covered	36	36	36	36	36	36
Hospital Income Benefit
Per day (RM)	25	25	25	50	75	250
Number of weeks	52	52	52	52	52	52
Funeral Benefit
Depositor (RM)	3,000	3,000	3,000	3,000	3,000	20,000
Spouse (RM)	3,000	3,000	3,000	3,000	3,000	10,000
Child
• Coverage Amount (RM)	1,500	1,500	1,500	1,500	1,500	3,000
• Number of Children Covered	3	3	3	3	3	3
Other Benefits:
Benefits of Accident Outpatient Treatment (RM)	–	–	–	–	–	–
Terminal Illness (RM)	–	–	–	–	–	–
Benefit of Repatriation of Remains	–	–	–	–	–	–

Note: For the Berlian Package, Zurich Takaful Malaysia Berhad only allows the opening of a maximum of 2 accounts per depositor.

Waiting Period

Item	Waiting Period
Death Due To Natural Causes	• 12 months from the effective date • Instant coverage (except for pre-existing conditions) • Berlian Package: 3 months from the effective date
Death Due To Accident	• Immediate coverage
Total Permanent Disability (TPD) Due to Natural Causes	• 12 months from the effective date
Total Permanent Disability (TPD) Due to Accidental Causes	• Immediate coverage
Partial Permanent Disability (PPD) Due to Natural Causes Partial Permanent Disability (PPD) Due to Accidental Causes	• General: 12 months from the effective date for pre-existing conditions • Accident: Immediate coverage
Critical Illness	• Cancer and Heart-Related Conditions: 60 days from the effective date • Other Illnesses: 30 days from the effective date • Pre-Existing Conditions: 12 months from the effective date
Hospitalization Allowance Benefit	• Accident: Immediate coverage • Specified Illnesses: 120 days from the effective date • Other Illnesses: 30 days from the effective date • Pre-Existing Conditions: 12 months from the effective date
Funeral Benefit	• Pre-Existing Conditions: 12 months from the effective date (applicable to Depositors only)

Zurich Takaful Malaysia Berhad is a member of PIDM.

The benefit(s) payable under eligible product is protected by PIDM up to limits. Please refer to PIDM’s TIPS Brochure or contact Zurich Takaful Malaysia Berhad or PIDM (visit www.pidm.gov.my).