Benefits of an Investment-Linked Plan in Malaysia
Inflation is a growing issue that happens globally, and we are starting to see it happen in Malaysia too.
As the demand for raw materials and other resources increases and/or when there is a disruption to the supply of raw materials and other resources, prices of products and services will increase too.
This drives many people to consider a back-up plan to cover unexpected events that might occur in the future. One of the avenues is getting an Investment-Linked Insurance plan. This can diversify your source of income, especially when an unexpected event, such as death or physical mobility happen.
What is an Investment-Linked Insurance Plan (ILP)?
An investment-linked insurance plan is a combination of insurance coverage and investment component that allows you to benefit from the potential profits of investing in various investment-linked funds that match your risk tolerance. AmMetLife's ILPs offer insurance coverage for death or total and permanent disability (TPD).The investing strategy of an ILP is dictated by the investment-linked funds you choose.
What are the benefits of an Investment-Linked Insurance Plan?
A huge benefit that comes with choosing an investment-linked insurance plan is that it not only offers you protection with life insurance, but the investment components are helpful for those who are not sure if they can be committed to their own investments.
1. You have complete control over your investment risk.
By choosing which fund to invest in and when to switch between funds, you have total control over your investment risk. Some individuals assume that an investment-linked insurance plan is risky since the rewards are dependent on market fund performance. We understand these risks and as an added benefit, you will be able to leverage the expertise of Investment-Linked Funds managers.
2. Flexibility and Freedom
Subject to the available plans, you are able to invest more money when you have a surplus or withdraw money when you have an emergency. You are also allowed to switch funds at any moment to raise the value of your investment account and take advantage of market fluctuations. However, you have to take note that switching fees and/or withdrawal charges and/or top-up charges may be applied, depending on the investment-linked insurance plan.
3. Openness
You can view all of your transactions and where your money is going. You will also receive a periodic statement outlining all transactions, such as insurance charges, investment value, and fund unit price.
Which Investment-Linked Insurance Plan is suitable for you?
You can look no further, because with AmMetLife, our customers are at the heart of everything we do! Here are some brief introductions of each investment-linked insurance plan:
● ProtectLink: ProtectLink is a combination of insurance coverage and investment component that could be used to protect your future and yourself. With ProtectLink plan, you can have a comprehensive protection solution with a wide range of riders such as Critical Illness39 Rider, Multi Critical Illness Shield, and medical plan namely HealthCare Choice Rider and HCC BoostUp Rider.
● ProtectElite II: ProtectElite II is a regular premium Investment-Linked insurance plan for those who wants to have a better coverage without compromising the investment elements. ProtectElite II also provides additional benefits for Accidental Death, Accidental Death on Public Conveyance, Accidental Death in Overseas and cancer.
If you are looking for an investment-linked insurance plan in Malaysia, do get in touch with our friendly agents or customer service to find out more on the suitable plans for you. Our aim at AmMetLife is to provide suitable insurance plan to protect and prepare you for a more confident future by delivering the professional and reliable services.
