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.
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Thursday, 19 March 2009
PowerSaver
Allianz recently launched a new plan called PowerSaver with the following features:- 30-year participating endowment plan
- Premium term = 8 years
- At the end of 5th policy year, can convert to fully paid-up policy
- Yearly guaranteed cash payment = 4% of basic SA, payable after 5th policy year
Source: The Star, TAS Research

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