Life Insurance

LIFE INSURANCE

Buying life insurance for you & your loved ones helps provide some financial security in times of hardship. The money / cash from your policy will be paid to your dear ones when you pass away or to you should you suffer a total & permanent disability or loss.

 INCOME TAX RELIEF

You can claim for tax relief of up-to a maximum amount of RM 6,000 per yr. for an ordinary / standard life policy. This is inclusive of any contributions you’ve paid to an approved retirement benefit scheme such as the Employees Provident Fund or other pension scheme.

WHY SHOULD I BUY LIFE INSURANCE                    

  • To ensure / make sure that you’re immediate family has some financial support after your demis
  • To finance your children’s / kids future education
  • To have a savings plan for the future so that you’ve a constant source of income after retirement
  • To ensure / make sure that you’ve extra / additional income when your earnings are reduced due to serious illness / accident

BASIC TYPE OF POLICIES

  • Term insurance
  • Whole life insurance
  • Endowment
  • Investment-linked
  • Life annuity plan
  • Supplementary rider / cover
  • (MRTA) Mortgage reducing term assurance

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