annual cash payments Privilege Protection
payments
Guaranteed annual cash payments1
- Payable yearly from the end of 10th policy year up to its maturity at age 82.
- Each cash payment is 4% of the initial insured amount and is guaranteed throughout the policy duration.
- As an example, for an initial insured amount of RM100,000; the annual cash payment will be RM4K.
- Apart from the annual cash payments, your policy also gives you the opportunity to earn more in the form of non-guaranteed dividends.
- Annual cash dividends are payable yearly into your policy from the end of 2nd year onwards. you can either cash it out or accumulate it to earn interest with ING.
- Meanwhile terminal dividend is payable only upon policy termination or maturity.
- Premium duration is for the first 20 years.
- However if you exercise the Conversion Privilege (to convert the policy to Fully Paid-up2), the premiuum payment term will be shortened to 10 years.
- Covers death and total permanent disability. Coverage will be increased to 110% of the initial insured amount from 11th policy year onwards.
- For death3 and total permanent disability3 caused by accidents, you will get additional protection. Please refer to the table in page Find the answers to your questions for details.
- Upon death, an added 25% of the initial insured amount will be given as funeral expenses.
