What is Etiqa MaxiPro Insurance?
Etiqa MaxiPro insurance is a regular premium investment-linked plan that offers you an additional savings benefit (premium paying). There are six plan choices, all of which come with flexible payment terms and tenures of 8 years (minimum) up to 30 years of coverage.
This investment-linked insurance allows you to get protection plus save up a sum of money for things that matter as you are rewarded with guaranteed annual cash payouts from the end of the second policy year until your policy matures*.
Upon maturity, Etiqa MaxiPro insurance offers guaranteed maturity payouts of up to 150%* of total premium paid (excluding any top-up of premiums).
Not to mention, Etiqa MaxiPro insurance comes with guaranteed acceptance for insured amounts of up to RM200,000*.
*Benefits applicable with IL Savings Growth.
What am I covered for?
Total and Permanent Disability (TPD) Benefit
In the unfortunate event of Total and Permanent Disability (TPD) occurring prior to your 69th birthday, you will receive the sum insured (max. of RM8 Million) or Account Value, whichever is higher. But do note that if the sum insured has been fully accelerated with no other benefits payable afterwards, the policy will be terminated upon payment of the TPD benefit.
Upon death of the life insured, your nominee will receive the sum insured or the Account Value at the next valuation, whichever is higher. After the payment of death benefit, the policy will be terminated.
What are the additional benefits?
IL Savings Growth
This add-on benefit is a premium paying rider. A guaranteed annual cash payout will be directly paid to you, from the end of the 2nd policy year until your policy matures.
Other list of riders:
- IL Payor Waiver of Premium (Juvenile)
- IL Payor Waiver of Premium (Spouse)
- IL Waiver of Premium for Critical Illness
Who can take up Etiqa MaxiPro Insurance?
This investment-linked plan is available for anyone to purchase. You can apply for yourself or your spouse before the age of 65. And if you are a parent and you are keen to apply for your children, you should do so before they turn 17 years of age.
This is an insurance product that is tied to the performance of underlying assets and it is not a pure investment product such as unit trust.