Hong Leong Assurance

Underwritten by Hong Leong Assurance Berhad

Hong Leong Assurance Term Cash Refund

Have a contingency plan today. Protect yourself and ensure your loved ones are protected in case of an unfortunate situation, with a great insurance plan. The Term Cash Refund, offers you excellent coverage at affordable premiums.

    • RM50k Minimum Sum Assured
    • Full Refund at Maturity
    • Death Coverage Until Age 75
    • 3 months' Loyalty Bonus
    • TPD Benefit Up To 100% of Sum Assured
    • Death Benefit Up To 100% of Sum Assured

Get covered now with Hong Leong Assurance Term Cash Refund

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Features

What makes this Hong Leong Assurance insurance policy stand out?

Cover Term
Protection up to age 75
Premium Type
Flat rate. Stays the same throughout coverage term.
Maturity Refund
Get a full refund at the end of your coverage term of your premiums paid.

Protection for Your Family

How will Hong Leong Assurance help to secure my family’s financial future?

What's covered by your insurance plan
Main Coverage
Coverage Period
Am I Protected?
Death
A lump-sum payment to your family when you die of any causes
up to 75 years oldYes, up to 100% of sum assured
 
Accidental Death
Death due to injury from an accident. Acts of war and illegal activities exempted.
up to 75 years oldYes, up to 500% of sum assured
 
Total and Permanent Disability
When you’re unable to work or take care of yourself due to ongoing injury or sickness
up to 65 years oldYes, up to 100% of sum assured
 

Age Requirements

Am I eligible to apply for this Hong Leong Assurance insurance?

Minimum Age
at least 16 years of age
Maximum Age
at most 60 years of age
Expiry Age
at most 75 years of age

Frequently Asked Questions about Hong Leong Assurance Term Cash Refund

Things you might want to know

What is the Term Cash Refund?

HLA Term Cash Refund is a term life protection plan made to give you a wider range of coverage if ever something happens that might compromise you. This protection plans comes with a coverage term of up to 25 years, with the difference being that you will have a limited range of time for certain coverage aspects.

This means, while the coverage will expire upon your death or, the end of your term, coverage for Total and Permanent Disability ( TPD) will only be covered till you turn 65 years old. Therefore, remember to be vigilant with your policy and know where the limits lie. 

How much am I covered for?

Coverage for this policy is dependent on your chosen Sum Assured. You will have a choice of 3 plans, each with different 'Sum Assured' values of RM50,000, RM70,000 and RM100,000 respectively.

Your coverage of course will include both Natural and Accidental Death, along with Total and Permanent Disability. This plan also gives you a choice as to how long you would like to be covered, with coverage term options of 15, 20, and 25 years. 

HLA Term Cash Refund - Cover Term and Benefits
Plan Type Cover Term Basic Sum Assured Death TPD Accidental Death
Plan A 15, 20 and 25 years
RM50,000 RM50,000 RM50,000 RM200,000
Plan B 15, 20 and 25 years RM70,000 RM70,000 RM70,000 RM280,000
Plan C 15, 20 and 25 years RM100,000 RM100,000 RM100,000 RM400,000

Source: www.hlatouch.my

How long am I covered?

If you are 16 years and older, then you are eligible for this plan coverage. Depending on when you sign up for this policy and the term of coverage you select, you will be covered for your selected number of years. Based on those conditions, depending on when you sign up, you will either be covered until the end of the policy term or until your 75th birthday, which ever comes first.

Take note that while coverage for Death and Accidental Death, ends when you turn 75 years old, coverage for Total and Permanent Disability is only available till you are 65 years of age.

How do the payouts work?

In the event of your death, your family will receive a payout equivalent to the Basic Sum Assured for the policy you had decided on. On that note, if you find yourself to be a victim of Total and Permanent Disability, then you too will receive a cash payout that might be helpful with your expenses following the trauma. 

On top of to that, if your death is found to be of an accidental nature, your family will receive an additional pay out of the Basic Sum Assured 4 times over. So, if your Basic Sum Assured is RM50,000 then your additional payout will be RM200,000.

If no claims are made over the entire term of your policy then you will receive a full refund on your premiums paid upon maturity.

Can I cancel my policy?

Ideally you shouldn’t, but evidently the choice is yours to make. You may cancel your policy after submitting a written notice to Hong Leong Assurance.

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