Retirement
Build a steady income stream and a financial plan for your retirement.
Smart Golden Life, the whole life insurance plan that allows you to achieve financial independence towards your retirement by providing guaranteed cash flow and adequate levels of protection for you.
Whatever your life goals, it's never too late to get started – for your wealth today, and for your future generations too.
Receive Annual Guaranteed Cash Payment for retirement and savings, allowing you and your loved ones to embark on future adventures without worry.
For Your Golden Years
Give yourself strong stability in the retirement chapter of your life.
For Your Future
Have greater peace of mind with guaranteed income each year to navigate life.
For Your Loved Ones
Freely substitute Life Insured1 to another family member during your policy term.
For Their Tomorrow
Plan ahead and gift financial security to the people you care about, for up to two generations after you.
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Hassle-Free Enrolment With Guaranteed Acceptance2 for up to RM500,000 Sum Insured. |
Annual Guaranteed Cash Payment (GCP)3 Receive GCP from first year until policy maturity year:
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Retirement Celebration Benefit4 Get 50% of the Sum Insured payable at age 60 in one lump sum. |
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Continuity of Guaranteed Cash Payment after Total and Permanent Disability (TPD)5 Annual premium will be waived in the event of TPD and you will continue to receive Annual GCP. |
Death Benefit5 Sum Insured or Surrender Value or up to 110%6 of the total premium paid minus any Guaranteed Cash Payment and Retirement Celebration Benefit, whichever is higher. |
Change of Life Insured7 To allow substitution of life insured with insurable interest to policy owner. |
Note:
1Allowable from the 6th policy year onwards or after premium payment term, whichever is later.
2 For Malaysians, Singaporeans and Bruneian.
3 There are two options for GCP, either accumulation or payout option.
4 Eligible for entry age 1 to 55.
5 In the event of death or TPD due to non-accidental causes within two years from the issue date, Etiqa shall refund the total premiums paid minus any GCP and Retirement Celebration Benefit paid (if any). No other benefits/allowances will be payable.
6 For entry age 56 and above, 105% of the total premiums paid minus any GCP received, or Sum Insured or Surrender Value, whichever is the highest.
Annual Guaranteed Cash Payment (GCP)
You will receive a fixed Annual Guaranteed Cash Payment based on the percentage of sum assured as per below table from end of the first policy year until maturity.
a) Entry age 1 - 55:
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Coverage Term till age 80 |
Coverage Term till age 100 |
% of Sum Insured |
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Age 1 - 60 |
Age 1- 60 |
5% |
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Age 61 - 80 |
Age 61 - 100 |
10% |
b) Entry age 56 - 70:
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Coverage Term till age 80 |
Coverage Term till age 100 |
% of Sum Insured |
|---|---|---|
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Age 56 - 80 |
Age 56 - 100 |
12% |
You have two options to choose your GCP payout:
a) Payout Option
To receive/ withdraw the GCP at the end of each policy year; or
b) Accumulation Option
To deposit these amounts with Etiqa (ELIB) and accumulate them with interest, as declared by Etiqa (ELIB) from time to time.
Retirement Celebration Benefit
You will receive a lump sum amount equivalent to 50% of the sum insured at the end of policy year of age 60, as a retirement benefit.
Sample case scenario of how you can receive your total payment.
DANIEL’S STORY
Daniel is 40 years old. He wants to have a steady stream of income and to enjoy his retirement leisurely.
Daniel signs up for Smart Golden Life Insurance Plan:
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Sum Insured: RM100,000 |
Premium Paying Term: 8 years |
Age at Sign Up: 40 years old |
Maturity Age: 100 |
Policy Term: 60 years |
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Note:
1 The retirement age in Malaysia is formally defined as age 60 at time of print.
2 Annualised Return is estimated based on the survival benefits opt for the payout option that is received over the period until the maturity age with respect to their
premium paid.
3 The Death Benefit is for illustration purposes only.
ALIA’S STORY
Alia is 56 years old. Alia wants a secure and steady income stream for her retirement and to leave something behind after she is gone. Alia signs up for Smart Golden Life Insurance Plan.
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Sum Insured: RM100,000 |
Premium Paying Term: 5 years |
Age at Sign Up: 56 years old |
Maturity Age: 100 |
Policy Term: 44 years |
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Note:
1 The Death Benefit is for illustration purposes only.
2 Annualised Return is estimated based on the survival benefits opt for the payout option that is received over the period until the maturity age with respect to their premium paid.
AMY’S STORY
Amy is 40 years old. Amy wants to pass down financial stability with a steady income flow to her child Jenna.
Amy signs up for Smart Golden Life Insurance Plan.
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Sum Insured: RM100,000 |
Premium Paying Term: 8 years |
Age at Sign Up: 40 years old |
Maturity Age: 100 |
Policy Term: 95 years |
Life Insured: Jenna (her 5-year-old daughter) |
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Note:
1The retirement age in Malaysia is formally defined as age 60 at time of print.
2 Annualised Return is estimated based on the survival benefits opt for the payout option that is received over the period until the maturity age with respect to their premium paid.
Make an appointment online at Maybank EzyQ.
Talk to our friendly Sales Representative at a Maybank branch near you.
Click here to view the brochure (ENG)
Win these amazing rewards when you sign up for the new Smart Golden Life Insurance Plan!
Top 5 customers with the highest Annualised Premium First Year (AFYP)
(only applicable for policies with a minimum AFYP of RM80,000 and above)
Signs up with a minimum Annual First Year Premium (AFYP) of RM30,000
The first 100 customers who sign up with a minimum Annual First Year Premium of RM30,000
Campaign period: 26 July 2024 - 31 October 2024
Terms and conditions apply.
Click here to view the Terms & Conditions
The benefit(s) payable under eligible policy/product is(are) protected by PIDM up to limits. Please refer to PIDM’s TIPS Brochure or contact Etiqa Life Insurance Berhad or PIDM (visit www.pidm.gov.my).
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