Recommended For Retirement Planning & Estate Inheritance – Asset Elite Insurance
In Malaysia, when a person passes away, their assets are frozen. Once frozen, assets go through inheritance procedures based on the will contents, but even with a will, asset procedures take at least 1 year to complete.
Therefore, the best way to smoothly transfer assets to your beloved family and loved ones is to purchase life insurance.
For those in their 40s-50s, this life insurance can also serve as retirement fund building.
About Asset Elite
“Asset Elite” is a savings-type life insurance where you pay fixed amounts over 6 years. Quotes are available starting from a minimum death benefit of RM500,000 (approx. USD 107,000).
Example 1: Death Benefit RM500,000 (approx. USD 107,000)
| Age | Annual Premium |
6-Year Total |
Death Benefit | Surrender Value at Age 100 |
Return Rate |
|---|---|---|---|---|---|
| 40 y/o Male |
RM20,000 (~USD 4,300) |
RM120,000 (~USD 26,000) |
RM500,000 (~USD 107,000) *If surrender value exceeds death benefit, the higher amount applies. |
RM881,548 (~USD 189,000) |
~735% |
| 50 y/o Male |
RM29,000 (~USD 6,200) |
RM174,000 (~USD 37,000) |
RM793,428 (~USD 170,000) |
~456% | |
| 60 y/o Male |
RM44,000 (~USD 9,400) |
RM264,000 (~USD 57,000) |
RM892,353 (~USD 191,000) |
~338% |
Example 2: Death Benefit RM3,000,000 (approx. USD 640,000)
| Age | Annual Premium |
6-Year Total |
Death Benefit | Surrender Value at Age 100 |
Return Rate |
|---|---|---|---|---|---|
| 40 y/o Male |
RM112,000 (~USD 24,000) |
RM672,000 (~USD 144,000) |
RM3,000,000 (~USD 640,000) *If surrender value exceeds death benefit, the higher amount applies. |
RM6,119,017 (~USD 1.31M) |
~910% |
| 50 y/o Male |
RM165,000 (~USD 35,000) |
RM990,000 (~USD 212,000) |
RM5,514,514 (~USD 1.18M) |
~557% | |
| 60 y/o Male |
RM264,000 (~USD 57,000) |
RM1,584,000 (~USD 339,000) |
RM6,212,154 (~USD 1.33M) |
~392% |
Based on RM1=USD 0.214
*Discounts available for lump-sum payment of 6 years
*Projected surrender values may vary based on Hong Leong Insurance investment performance
Benefits of Asset Elite
Eligibility Requirements
About Beneficiaries
For more information or to apply, please contact any of our branches.
Kuala Lumpur / Penang: yoyaku@tpcl.jp (Matsunaga)
Johor Bahru: infojb@tpcl.jp (Pong)