2 Main Killers In Malaysia

A Living Concept

SOMETHING THAT YOU NEED TO KNOW ABOUT INSURANCE

Turning RM 100 into RM 103 = that's called bank.

Turning RM 100 into RM 130 = is called investment.

Turning RM 100 into RM 100, 000 = is called INSURANCE.

A person no matter how capable he is in his life time, there are 2 things cannot be avoided, ACCIDENT & ILLNESSES. 

When a person is Bedridden:

Giving as a gift of RM 200 could be from friend.

Giving as a gift of RM 2,000 could be from relative.

Giving as a gift of RM 20,000 could be from parents or siblings.

Giving as a gift of RM 200,000, RM 2 millions or even RM 20 millions is definitely from INSURANCE COMPANY

A-EnrichGold - Realise Your Savings Goals

A-EnrichGold - Realise Your Savings Goals

A-EnrichGold is a hybrid plan which consists of non-participating and investment-portion that provides you with guaranteed cash elements, such as increasing guaranteed cash payment and guaranteed maturity value. 

It also offers the potential upside investment gains and the flexibility in managing your savings.

On top of that, it also provides coverage on Death & Total Permanent Disability (TPD) and double insurance coverage on accidental death & TPD. 

What A-EnrichGold can give you

• Short Premium Payment Term
• Just 10 years of premium payments allows you to enjoy benefits of up to 25 years.

• Guaranteed  Maturity Value
• When your plan reaches maturity, you get a guaranteed lump sum of 120% of your basic sum assured.

• Potential Growth on Funds Invested
• You can enjoy potentially investment gains via the AIA Investment Funds.
• For every premium amount paid, 30% of premium (excluding loading, if any) will be allocated into A-Plus Enhancer.  This amount will be used to purchase units in the chosen fund at *95% allocation rate.
• Up to 4 AIA Investment Funds of varying risk profiles are available for you to choose from.

• Guaranteed and Increasing Cash Payments
• You are guaranteed as cash payment starting from the end of 2nd policy year, and it increases from the 11th policy year on wards until maturity.
• The increasing Guaranteed Cash Payments (GCP) are as follow:

How A-EnrichGold works

*The unallocated premium of 5% is used to meet the Company expenses and direct distribution cost, including the commission payable of the life planner.

T&C Apply

Things You Should Know

Research shows that the elderly in Malaysia depend on their EPF as the main source income upon retirement.

Member's average savings at age 54 is only RM 166, 650 or RM 694 per month if the member survives another 20 years.

Today's RM 694 will only be worth RM 497 in 10 years' time or RM 356 in 29 years' time, assuming an annual rate of inflation of 3.4%.

THE SCOURGE OF INFLATION

While we do not know what the future holds, one thing is certain-inflation will make everything more expensive as years go by.

The cost of living rises every year, and your savings may not be adequate to maintain your current standard of living during retirement.

Some of us may think that we're ready for retirement because we have savings in the EPF. But do you know that the 2013 EPF statistics for member aged 54 years revealed that:

72% of EPF members have savings of RM 50,000 and below.

The active EPF members' average savings at age 54 is approximately RM 166,650.

On 1 January 2014, EPF has revised the basic savings quantum to RM 196, 800 as its approach to ensure its members have sufficient retirement income above Malaysia's poverty threshold. Hence there is an urgent need for Malaysians to increase their savings.

There are many people who retire without a plan or know what to expect until they realize it is too late. To enjoy the lifestyle you want at retirement, you need to be prepared. Whether to live a simple carefree life or to live comfortably, you need to start saving now.

Source: EPF Annual Report 2013 & aia-prs