Protection Insurance by GE

SMARTPROTECT MAX

Long-term protection with flexible premium payment term SmartProtect Max is an investment-linked insurance plan that protects you up to 30 years. You also have the flexibility of choosing from a premium payment term of either 5, 10 or 20 years, depending on your needs and goals.

Based on the chosen premium payment term, the Insurance Premiums paid are allocated to unit funds at the following rates: Policy Year Insurance Premium Allocation Rate (based on premium payment team) 5 Years 10 Years 20 Years 1 75.0% 63.0% 43.0% 2 75.0% 63.0% 43.0% 3 92.5% 86.0% 76.0% 4 92.5% 86.0% 76.0% 5 92.5% 92.5% 85.0% 6 N/A 92.5% 85.0% 7 and above N/A 100% 100% For policies with Basic Annual Premium exceeding the maximum amount of Insurance Premium allowed under regulatory requirement based on the chosen coverage, the amount in excess will be treated as Balancer. Based on the protection and investment level, your premium may be segregated into Insurance Premium and Balancer (regular premium in excess of the Insurance Premium). The Balancer portion is allocated at 95% allocation rate to unit funds throughout the chosen premium payment term. Additional 1% on your sum assured every year With SmartProtect Max, your sum assured increases by 1% every year throughout your entire coverage period to give you much added assurance and providing additional financial resources for your loved ones to continue living with added peace of mind should the unexpected happen to you. An example of how this works: John Wong is a 35-year-old male. Let's assume he purchases SmartProtect Max with a basic sum assured of RM500,000. If John lives till the age of 40 years, he will accumulate 1% more per year on his sum assured for 5 years: Initial basic sum assured = RM500,000 Additional sum assured   = 1% x RM500,000 x 5 = RM25,000 This means the total sum assured will be increased to RM525,000 at the end of the fifth policy year. Note: The above is used for illustrative purposes only. Terms and conditions apply. High coverage for death or Total and Permanent Disability (TPD) benefit With protection coverage starting from RM500,000, SmartProtect Max ensures that you and your loved ones will not be financially burdened should an unexpected event occur. Should death or TPD occur, the total sum assured or your total investment value, whichever is higher, will be paid out in accordance with the provisions of the policy. No-Lapse Guarantee SmartProtect Max comes with a "No-Lapse Guarantee" in the first six policy years. This valuable feature ensures that your policy will continue to remain in force even if your total investment value becomes zero, so long as the premiums are paid consistently on each premium due date or during the grace period and no withdrawal is made within the first six policy years. Choose your protection and investment levels You can choose the protection and investment levels according to your needs and goals. Available to you is the option to boost the investment value of your policy via single premium top-ups after your policy is in force. A minimum amount of RM1,000 for a single premium top-up will effectively provide a fresh injection of 95% of the paid premium to unit funds, bolstering your investment value. Pick your own funds SmartProtect Max gives you access to professionally managed funds. You can pick the funds that suit your risk appetite and investment style. If your needs change, simply switch your choice of funds. Conversion at maturity At the maturity date of your SmartProtect Max policy, you may purchase a level sum assured Endowment or Whole Life policy, but not later than the year in which you attain age 80 years next birthday. Disclaimer: The product information above is for general information only. It is not a contract of insurance. You are advised to refer to the Product Brochure, Sales Illustration, Fund Fact Sheet, Product Disclosure Sheet and sample policy documents for detailed important features and benefits of the plan before purchasing the plan. The exclusions and limitations of benefits highlighted are not exhaustive. For further information, reference shall be made to the terms and conditions specified in the policy issued by Great Eastern Life Assurance (Malaysia) Berhad.