Free RM80,000 protection from the Malaysian Government. Want to know how? Since personal finance is a topic under Advanced Taxation (ATX), it might be of practical interest to some plan for your child's education and I would like to point out on this SSPN (National Education Savings Scheme). (SSPN-i plus) account. SSPN-i Plus is a savings scheme for your child (or yourself) which bundled with insurance protection. Why it is worthwhile to consider? 1) You get a max TAX RELIEF of RM6,000 (for the NET SSPN Savings) (Increasing to RM8,000 in Budget 2019) 2) The insurance portion is affordable or would say is cheap . Let's say you start on RM100 monthly savings for your child, RM90 is your savings and RM10 is your insurance cost. What is your coverage like? (i) RM40,000 on accidental death or total permanent disability (ii) RM20,000 on natural/illness death or TPD (iii) 36-critical illness protection of RM10,000 (iv)