Golden Package for Mortgage Loan |
Plan description
| 1 | This is a Whole Life participating with cash dividend and terminal dividend policy. |
| 2 | Premium paying period is up till age 100. However, payment period can be shortened with Future Premium Deposit Fund (FPDF). |
| 3 | Terminal dividend is projected to be payable upon death of the Insured after policy year 15 or maturity at age 100; whichever is earlier. |
| 4 | Surrender Dividend is projected to be payable upon surrender of the policy after policy year 15. |
| 5 | In order to support the expected higher benefits under this plan, this product will see a higher asset allocation to equity investment compared to existing traditional life policies. |
Underwriting
| 1 | Issue age : | 21 - 65 |
| 2 | Minimum Sum Assured : | RM10,000 |
| 3 | Free Enhanced Advanced Payment & Waiver of Premium (EAPWP) for standard life, non-smoker and size discount. | |
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| E.g. | Male Age 30 non-smoker, standard life. RM100,000 mortgage protection with refund. | |||
| Monthly premium | Mortgage Protection | Refund at end of | Death Benefit | |
| RM131.50 | RM100,000 | 20 years: RM36,861 | RM122,361 | |
| 25 years: RM56,293 | RM137,243 | |||
| 30 years: RM77,934 | RM154.734 | |||