Gibraltar BSN Life has launched GoGuarantee Plus, an endowment plan that offers policyholders a maturity benefit of up to 120% the total premium paid, as well as insurance protection including death, total and permanent disability, and other benefits.

Besides the maturity benefit, GoGuarantee Plus also offers a guaranteed cash payout of 3% every 5th policy year, and a unique Golden Age Disability (GAD) benefit, which offers a payout of 100% of the sum assured if the policyholder is struck with a disability between 70 to 80 years of age.

Here’s a summary of the key features of GoGuarantee Plus:

• Guaranteed maturity benefit of up to 120% of total premium paid upon maturity
• Guaranteed cash payout of 3% of sum assured on every 5th policy year before maturity
• Hassle-free enrolment with no medical check-ups required
• Sum assured up to RM300,000
• Additional accidental death benefit of up to 200% on top of death benefit
• Accelerated terminal illness benefit, where lump sum is paid upon diagnosis of terminal illness
• Death and total & permanent disability (TPD) benefit with lump sum payable

GoGuarantee Plus is available in two coverage terms (20 years or 30 years), and is dependent on the age of entry. There are also three premium payment options, where policyholders can choose to pay the premiums every five years, ten years, or across the full policy term.

The chief executive officer of Gibraltar BSN Life Berhad, Lee Kok Wah said that GoGuarantee Plus is aimed at helping the public to safeguard their retirement. “Good health and financial freedom is key to retirement security. In today’s challenging times and the fact that Malaysia will become an aging society by 2030, we felt compelled to help our customers safeguard their golden years by offering a competitive product to grow their retirement funds and at the same time, equip them with solid life protection,” he said.

GoGuarantee Plus is available only for a limited time until the end of the year. The plan is open to anyone aged between 16 to 60 years old.

(Source: Gibraltar BSN)

• TAGS:
• Endowment Plans
• Gibraltar BSN
• GoGuarantee Plus
• Insurance
• Lee Kok Wah