AmMetLife Launches Investment-Linked Insurance For HNWIs
This limited premium Investment-Linked Insurance Plan (ILP) is tailor-made for high-net-worth individuals (HNWIs).
WealthEnrich by AmMetLife aims to help HNWIs to build and leave a legacy for their family and loved ones. It comes with a three-year premium payment term that is designed to help preserve wealth and provide coverage against death and disability.
Available to individuals aged 30 days up to 70 years (next birthday) with a minimum annual premium of RM50,000, the plan allows unlimited, free switching between investment-linked funds and offers loyalty bonus.
“The challenges we have faced through this pandemic have heightened our focus on ensuring a sustainable legacy for our loved ones. This versatile plan offers a customised insurance and investment solution to help preserve wealth while helping our customers navigate through the COVID-19 crisis and beyond with confidence,” Lee Jiau Jiunn, Chief Executive Officer, AmMetLife Insurance Berhad said in a virtual launch earlier this week.
In conjunction with the launch of WealthEnrich, three new investment-linked funds have also been introduced – AmMetLife China A-Shares Fund, AmMetLife Income and Growth Fund and AmMetLife Positive Change Fund. The funds wereestablished in collaboration with AmFunds Management Berhad.
Until April 30, 2022, WealthEnrich customers who purchase an annual premium of up to RM250,000 are eligible* to apply for guaranteed issuance, without having to complete a medical or financial assessment.
*Subject to terms and conditions.