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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Wednesday, 26 August 2009
AmTriple Guarantee Fund
AmLife Insurance Berhad recently launched AmTriple Guarantee Fund with the following features:
- Single premium endowment
- Term: 5 years
- 3 guarantees:
- Guaranteed step-up annual dividend
- Year 1: 3%
- Year 2: 3.1%
- Year 3: 3.3%
- Year 4: 3.5%
- Year 5: 4%
- 100% capital protection
- SA = 125% SP (Age: 30 days - 59); SA = 105% SP (Age: 60 - 70)
- Authorised fund size: RM100 mil
- Offer period: 13/8/2009 to 11/9/2009
- Channel: 187 AmBank branches
- Min premium: RM20,000
Source: Business Times, TAS Research
Labels: AmAssurance, Products
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.
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