All students’ fees are insured under Fee Protection Scheme (FPS). FPS serves to protect international and local students’ fees in the event that a Private Education Institution (PEI) is unable to continue operations due to insolvency and/or regulatory closure. It also protects the student if the PEI fails to pay penalties or to return fees to students arising from judgements made against it by the Singapore Courts.

MDIS Pte Ltd adopts the FPS Insurance for international and local students. The FPS Insurance offers insured students protection against the following events:

• Loss of course fees paid in advance by the insured student to MDIS Pte Ltd and not refunded, if the student cannot start or complete his/her course as a result of MDIS Pte Ltd becoming insolvent or being required by the Singapore authorities to stop operations. 

• MDIS Pte Ltd fails to pay the sum awarded by Singapore Courts to the insured student, where such an award relates to a dispute between MDIS Pte Ltd and the insured student on course fees paid by the insured student to MDIS Pte Ltd.
• S$10,000.00 benefit payable covering the insured student’s accidental death or total permanent disability by accident.

MDIS Pte Ltd has appointed LONPAC Insurance Bhd and Liberty Insurance Pte Ltd to be the FPS providers for our students. The insurance coverage will be for the entire course fee and any course fees arising from an extension of the study period longer than the initially planned study period (if applicable).

Medical Insurance

MDIS Pte Ltd has in place a medical insurance scheme by Liberty Insurance Pte Ltd for all its students (except those students specifically allowed to opt out under the EduTrust certification scheme). The fee payable for the medical insurance is indicated in the fee schedule of the student contract.

This medical insurance scheme shall provide a basic annual coverage limit of not less than S$20,000.00 per student in the B1 ward in government and restructured hospitals and up to overall maximum limit per policy year, with 24 hours coverage in Singapore and overseas (if the student is involved in school-related activities) throughout the course duration.

For more information on the Private Education Act, click here.