What is Hong Leong Assurance Level Term?
Hong Leong Assurance Level Term is a term life insurance policy by Hong Leong Assurance which gives you and your family financial stability in the event of your death or when you're seriously disabled and unable to find work.
Hong Leong Assurance will repay your family up to a maximum of RM3,500,000 when you're handicapped because of a permanent sickness or injury, but only if you've become disabled before you reach the age of 65 - it's so worth the hundreds of Ringgit you pay each year on your premiums.
Can I buy this Hong Leong Assurance term life insurance plan?
Hong Leong Assurance Level Term is open to anyone aged between 30 days and 65 years old. Once you buy the Hong Leong Assurance Level Term you can be covered until you reach the age of 80.
How much are the premium fees?
The main factors contributing to your premiums for this term life policy is your age and your chosen sum assured amount - that means you get the freedom to choose how much you'd like to pay for your insurance policy!
You'll also be given lots of flexibility in terms of when you want to pay for your insurance protection. You can choose to pay every year, every six months, three months, or on a monthly basis.
Can I cancel my Hong Leong Assurance Level Term policy anytime?
Yes, you may cancel and return the policy within 15 days after approval. This is called the cooling-off period. Hong Leong Assurance will refund the premiums that you've paid minus any prior medical fee claims.
Any other fees and charges I must know about?
There are no extra fees or charges other than your premium payments.