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Wednesday, 26 August 2009

Hong Leong Endowment Plus

HLA launched Hong Leong Endowment Plus with the following features:

  • Participating endowment
  • Limited pay: 5 or 8 years
  • Cash dividends (after limited payment period):
    • Guaranteed: 5% of SA
    • Non-guaranteed: 2% of SA
  • Maturity
    • Guaranteed: 100% SA
    • Non-guaranteed: terminal dividend
  • Term: 15, 20 or 25 years
  • 100% SA on death and TPD
  • 200% SA on accidental death
  • Entry age:
    • Minimum: 30 days
    • Maximum:
      • 60 years (term 15 & 20)
      • 55 years (term 25)

Source: Business Times, TAS Research

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posted by Teh Loo Hai @ 6:49 PM   0 Comments Links to this post

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