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Hong Leong Secure Cash Endowment Plan II

Hong Leong Secure Cash Endowment Plan II, a comprehensive insurance and savings plan that is designed for protection and wealth accumulation for coverage of 20, 24 or 30 years. The plan offers short premium payment tenure of only 10 years with the option to stop premium payments after Year 5 (if Paid Up Option is exercised).
 

What are the benefits?

Regular Cash Payments Every Two Years

You will receive Guaranteed Cash Payment* of 5% of your Basic Sum Assured (BSA) in Years 2 and 4. The payment will increase to 20% of BSA (if Paid Up Option is not exercised) OR 10% of BSA (if Paid Up Option is exercised) from Year 6 onwards until the policy matures.

Maturity Benefits To Achieve Your Financial Goals

At the end of your policy, you will receive a Guaranteed Maturity Benefit* of 300% of BSA (if Paid Up Option is not exercised) OR 150% of BSA (if Paid Up Option is exercised) and the accumulated Non-Guaranteed Cash Dividends* and Non-Guaranteed Terminal Dividend and the accumulated Guaranteed Cash Payments*, if you choose not to withdraw the cash dividends/cash payments whenever due.

Guaranteed Benefits* for Death and Total & Permanent Disability up to 5.5 Times of the BSA

This plan gives you coverage up to 3 times (if Paid Up Option is exercised) from policy year 5 onwards OR 5.5 times of the BSA (if Paid Up Option is not exercised) from policy Year 10 onwards.

Policy Year
(End Of Year)
If Paid Up Option is exercised
If Paid Up Option is not exercised
1
100%
100%
2
150%
150%
3
200%
200%
4
250%
250%
5
300%
300%
6
300%
350%
7
300%
400%
8
300%
450%
9
300%
500%
10 till maturity
300%
550%

 

Guaranteed Benefits* for Accidental Death and TPD Up to 11** Times of the BSA

In the event of unexpected accidental occurrence, your coverage doubles to as high as 11 times of the BSA (as defined in the above table) from policy Year 10 onwards.

Note:

*Guaranteed Benefits and Non-Guaranteed Benefits quoted are provided by Hong Leong Assurance Berhad.

** Assuming premium payment tenure of 10 years.


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