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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Friday, 4 September 2009
Global Recovery Income Plan (GRIP)
HLTMT launched GRIP yesterday. Product features:- Australian-denominated syariah-compliant investment-linked takaful plan
- Capital protected
- 4-year term
- Min investment: A$10,000
- Sum covered: up to 125% of initial contribution
- Max sum covered per participant: A$600,000
- Offer period: 3/9/09 to 17/10/09
- Annual income distribution: 1st 3 years fixed, 4th year performance based
- Target contributions: A$30 mil
Source: The Star, Business Times
Labels: Business Targets, HLTMT, 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.
Previous Posts
- Charlie's interview with press
- HLA has new CEO
- Individual Capital Assessment Talk
- Articles on Pensions
- 8.5% growth for MNRB Group
- Vacancies in Indonesia and Japan
- HLA Cash Builders
- Hong Leong Endowment Plus
- AmTriple Guarantee Fund
- Singapore is recruiting
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