25 May 2007 | Comments |
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Best Products from Great Eastern Life Insurance Malaysia
Being a life insurance agent myself, I always find out my client’s needs before I propose any insurance product. All these years, some insurance products had been withdrawn and no longer available to the market. But there are always new products launched every year. It may be a whole new plan, or just another additional rider to be attached to existing policy. Since I am dealing with Great Eastern all these years, I am much more familiar with their products. So here are some insurance plans which are hot selling products in Great Eastern. I will use an example of a new policy holder age 30, male to illustrate how much benefit he can get for paying RM2000/year premium. Please take notes that all the future saving projected are not guaranteed, unless it is mentioned below.
Investment-linked Products
Greatlife Portfolio Insurance
Description: Regular premium investment-linked policy.
Example Benefits: Death Benefit RM100k, Critical Illness RM80k and waive premium, TPD (Total and Permanent Disability) RM100k plus RM10k yearly benefit and waive premium, Health Card RM150k limit, Savings RM37k at age 55.
Main selling point: High yearly benefit for TPD, Cashless health Card
The main reason you should purchase this policy: Protect your existing wealth and also your future earning ability.
Supreme Flexilink Insurance
Description: Regular premium investment-linked policy.
Example Benefits: Death Benefit RM80k, TPD (Total and Permanent Disability) RM80k and waive premium, savings RM94k at age 55.
Main selling point: High allocation for investment, hence higher savings
The main reason you should purchase this policy: Protect your investment power and savings for retirement
Traditional Insurance Products
Supreme Livin’ Care Plus
Description: Regular premium living assurance whole life policy.
Example Benefits: Death Benefit = TPD benefit = Critical Illness – RM57,471, Savings RM80k at age 55.
Main selling point: Guaranteed increase of Sum assured, guaranteed premium, Option to buy another policy after critical illness claim paid
The main reason you should purchase this policy : Protect your existing wealth and also your future earning ability.
Supreme Care
Description: Regular premium whole-life non-participating policy.
Example Benefits: Death Benefit = TPD Benefit - RM204,082, savings RM61,224 at age 55 (surrender value guaranteed).
Main selling point: Low premium high protection, cash value guaranteed
The main reason you should purchase this policy: Funding your living trust, liability cancellation
These are just a few best selling products from Great Eastern. Which product you bought from Great Eastern? Feel free to ask any question at the comment section for further details.
Related Article:
Top 10 reason to buy life insurance
Everything about Life Insurance Company in Malaysia
Why you should first buy Investment-linked Insurance Policy
Investment-linked vs. Traditional Insurance
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May 31, 2007 at 8:06 am
[...] Best Products from Great Eastern Life Insurance Malaysia [...]
July 1, 2007 at 8:02 am
[...] or Dread Diseases in Insurance Policy How Much Critical Illness Insurance Cover do you Need? Best Products from Great ...
July 22, 2007 at 8:06 am
[...] Supreme livin care plus - RM1678 (sum insured including life, CI RM60000 medical card are [...]
August 7, 2007 at 4:19 pm
[...] August 2007, Great Eastern Life Assurance Malaysia just launched a new waiver premium rider, named IL Waiver of Premium ...