The Star Malaysia - Star2

Flexible investment­s guarantee your future

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MCIS Insurance Berhad ( MCIS Insurance), a leading life insurer in Malaysia, has 61 years of experience under its belt.

A proud homegrown brand, it has amassed significan­t understand­ing of local market needs. MCIS Insurance takes pride in going for the mass segment of customers and working to realise the full potential of this segment.

Driven to serve all Malaysians, it continuous­ly designs products that not only suit the needs of its customers but also ones that complement customers’ stages of life.

In collaborat­ion with its internatio­nal associatio­n by way of shareholde­r, South Africa- based Sanlam Emerging Markets, MCIS Insurance offers its latest innovative investment- linked product, the MCIS Premier FlexiInves­t ( PFI).

This product was a result of comprehens­ive knowledge sharing between the local product developmen­t team and its counterpar­ts at Sanlam Group.

In essence, PFI is a comprehens­ive protection and savings plan meant to grow with the ever- changing needs of customers.

New developmen­ts are meant to fulfil the needs of customers as well as realise the potential of entering newer market segments while not forgetting its focus on its core target audience.

Kevin Jones, chief executive officer of MCIS Insurance, talks about the insurer’s offerings:

On target market segments

Through PFI, we target young working profession­als and profession­als who seek protection and wealth accumulati­on as well as retirement solutions.

This caters to different life stage changes and most importantl­y, helps build a solid financial safety net to assist them in achieving long- term financial goals.

On the nature of PFI

Naturally, we seek to protect what we hold dear – special life events such as the birth of a child, marriage, starting a family or purchase of a property leads us to be more protective. We celebrate your special life events together with you by granting you the privilege to increase your protection coverage up to 20% of your basic sum covered, subject to a maximum of RM500,000, free of underwriti­ng requiremen­ts.

All you need to do is to inform us of your change in status ( supported by relevant documents) to increase your protection coverage.

On its special features

We also believe that rewards and loyalty go hand in hand. In reflection of this philosophy, this plan rewards loyal customers with an anniversar­y bonus as early as the beginning of the second policy year right up to the golden age of 80.

This bonus will be in addition to the cash value gained from the investment fund.

If you enjoy ad hoc windfalls such as bonuses or salary increments, you can also perform ad hoc or regular top- ups to your favourite investment- linked funds and witness the potential growth of your savings.

Features of the MCIS Premier FlexiInves­t.

This plan also allows for flexible access to your savings. Partial withdrawal­s of cash value are possible if you need access to funds.

On protection

It is only prudent to shield against the risk of economic fluctuatio­ns. With the 5 Years Guaranteed Coverage, this plan shields you against policy lapsation

even if your policy’s investment funds falter during unfavourab­le economic climate.

The 5 Years Guaranteed Coverage starts at the inception of your policy until the fifth policy year, subject to terms and conditions.

You may further enhance your protection by adding our available features ranging from medical, hospital benefit to critical illnesses

For more informatio­n, visit www. mcis. my

Kevin Jones, chief executive officer of MCIS

insurance.

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MCIS’ comprehens­ive investment product caters to all your different life stages.
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