Kuala Lumpur, 24 October 2011 - Hong Leong Bank (HLB) is pleased to announce the launch of the Hong Leong MyChild Personal Accident Plan, Hong Leong Smart Protector Personal Accident Plan and Hong Leong Senior Personal Accident Plan. These plans will provide coverage for all three generations typically in a Malaysian household. With rising accident rates in Malaysia, HLB sees a need to offer its customers with innovative choices for protection and financial support in the event of an accident. The 3 plans are designed with customers' needs in mind.
For a minimal annual premium, the Hong Leong MyChild Personal Accident plan offers an Education Allowance of RM40,000 should anything unforeseen happen to the parents. The payout would come in handy to support the child's educational expenses and to ensure the child is well taken care of.
The Hong Leong Smart Protector Plan is suitable for those with an active lifestyle. I ts coverage for accidental death and permanent disablement is extended to include activities that are not normally covered by conventional Personal Accident Plans, for example hiking and bungee jumping.
The Hong Leong Senior Personal Accident plan offers customer paralysis allowances of up to RM 160,000 for seniors age between 40 to 70 years who purchase this plan. "As parents age, one of the biggest worries of the next-of-kin is them falling down and hurting themselves. If this happens, the next concern is the cost of medical treatment," said Ms Moey Tan, HLB's Chief Operating Officer for Group Consumer Banking.All three plans come with comprehensive worldwide coverage and high sum in sured for accidental death and disablement.
"While we can't prevent accidents from happening, we can certainly ease the financial burden of our love ones in the event of an accident. This series of Personal Accident insurance plans are designed to provide Hong Leong Bank's customers with peace of mind knowing that the entire household is protected against unfortunate events caused by an accident," added Moey.
Customers can start planning for personal accident coverage for 3 generations from as low as RM41 a month with HLB. In conjunction with the launch, customers who purchase any of the 3 plans above is entitled to a special 12 month fixed deposit rate plus a limited edition gift subject to applicable terms and conditions. The promotional offer ends on 30 November 2011.
These plans are underwritten by MSIG Insurance (Malaysia) Bhd. For more information, visit any of Hong Leong Bank branches or log on to www.hlb.com.my.
-END-Press Release - 24/10/2011