Every stage of your life offers a different possibility for living life to its fullest. Unfortunately, this also brings a varying investment and protection needs. HL Prestige Life offers you an investment cum protection plan that is flexible enough to address these various stages in your life.
Your commitment level differs with each stage of your life. For example, when you first joined the workforce, your commitment level is much lower compared to after you've settled down and start a family.
At a low commitment stage of your life, your insurance coverage needs may be lower, thus allowing you to invest more funds towards investment. As your commitments increase, you will discover the need for a higher insurance coverage. Hence, our plan can then be altered to increase your coverage*, thus reducing your investment. Later, as you approach your retirement age, you may then choose to, once again, reduce your insurance coverage and increase your investment.
*Subject to good health
Principal Insurance Protection
This basic plan provides you with insurance coverage against death and disability. Furthermore, our disability coverage is uniquely tailored to provide you with total permanent disability and / or old age disability up to the age of 100.
Enhanced Insurance Protection
You may further choose to enhance your insurance protection by adding the following optional benefits for an extra premium. Critical Illness Benefit, Personal Accident Benefit, Comprehensive Personal Accident Benefit, Critical Illness Waiver of Premium Benefit and Spousal / Payor Waiver of Premium Benefit. In addition, you may extend coverage to your family members by incorporating any of our family riders under your one account.
One account, four funds
With HL Prestige Life, you only need one account to access any one of four funds operated by professional fund managers from HLG AM. This means that you'll have the fund managers of the top unit trust funds in the Malaysian Equity Sector (for the year 1999 as rated by Standard & Poor's Fund Services) working for your money.
Option to Switch
As HL Prestige Life is tailored to meet your investment and protection goals, it also gives you freedom to switch from one fund to another as your needs change.
Flexibility to Top-up or to Withdraw
In order to provide you with an even higher degree of flexibility, HL Prestige Life allows you to increase your savings by topping-up your account, or make withdrawals to meet contingency expenses. Furthermore, you may even make regular withdrawals for living expenses when you retire.