AmMetLife Launches WealthSecure Max

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AmMetLife launches WealthSecure Max, a non-participating limited premium endowment plan which offers guaranteed cash payments. It assures a maturity benefit equivalent to the total premium paid. It also provides customers with the flexibility to choose the amount they wish to save monthly as well as the duration of the savings and protection to match their financial goals and budget. Whilst offering protection benefits, the product provides longer coverage with shorter premium payments. It provides protection and also offers guaranteed cash payments amounting to 6% of the initial sum assured every two years, starting after the second policy year. In the event of death or total and permanent disability due to accidental or natural causes during the policy period, the beneficiary will receive a lump sum payment of up to 600% of the initial sum assured. At the end of the policy term and upon survival, policyholder will get a guaranteed amount of the total premium paid. WealthSecure Max’s plan is open to those from 30-days to 55-years-old. It carries a monthly premium from as low as RM150. WealthSecure Max is is the first Bancassurance product under the new AmMetLife brand from the partnership of AmBank Group and MetLife. It will be distributed through AmBank branches nationwide.