Insurance News
Brief insurance news and digest for the busy executives. A handy insurance news archive with main focus on Malaysia. Disclaimer: While all attempts are made to ensure the accuracy of the news herein, we will not be liable for any loss arising from the use of any information contained in this blog. You may reproduce materials published here provided the source (news.actuaries.com.my) is properly acknowledged.
Insurance Job Advertisements
Friday, 25 July 2008
HLA Promise
HLA has collected RM10 mil in premiums since the soft launch on 14 July of its new product HLA Promise.Product Features:
- Participating endowment providing S.T.A.R. benefits:
- S: Savings - guaranteed lump sum at maturity
- T: Total Protection - TPD & death benefits
- A: Assured Income - guaranteed increasing regular cash payments
- R: Reinforced Benefits - Option to continue receiving cash benefits until maturity in event of TPD, Critical Illness (CI) or Death (double payment in the event of CI)
- Entry age: 1 month to 55 years
- Minimum sum assured: RM20,000
- Flexible payment period: 6, 8 and 10 years
Other statistics on HLA:
- Regular premium sales grew 154% for FY 2008
- Life insurance customer base: 350,000
Source: The Star, Business Times & TAS Research
About Me
- Name: Teh Loo Hai
- Location: Kuala Lumpur, Malaysia
Loo Hai is an actuarial recruiter cum actuarial consultant. He has over 20 years of work experience gained in Malaysia and Australia in the actuarial, insurance, takaful and pension fields.
Previous Posts
- Secure Income Plus
- Mitba wants to self regulate
- Equitable Life - Maladministration by Regulators
- AUD Guaranteed Income Savers II
- MITBA is the New Name
- PRUway
- S$69 million Exposure
- Enhanced Motor Insurance Package
- Allianz is No. 2
- September Deadline for PacificMas
Subscribe to
Posts [Atom]
0 Comments:
Post a Comment
Links to this post:
Create a Link
<< Home