Whole Life Plans
Bijak Malaysia
This is a yearly renewable non-participating plan up to the end of the term of the basic policy or until the Life Assured attains age 61, whichever is earlier, covering accidental death and accidental dismemberment.
Senior Life (formerly known as Golden Life)
The plan is a whole life, guaranteed acceptance and issue plan, whereby policy will be issued upon receipt of enrolment form with full premium payment. No underwriting is required. The plan provides benefits for Death and Accidental Death.
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Endowment Assurance
This product combines protection and investment elements. Shorter term fetches immediate protection and substantial savings and longer term guarantees more protection and only some savings for old age. It is an unbundled product therefore by attaching various riders, the maturity value increases.
Juvenile Endowment
This product serves as a platform for savings for a child's higher education. Parents buy this basic policy with the child as the life insured. A rider is purchased on the Payer (parent), so that premium payment could continue, in the event of Payer's death or disability.
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Term Assurance
This product provides maximum protection for a specified number of years on the life of an individual. Therefore the premiums are economical.
Critical Illness Term Assurance
This product provides protection against 37 types of critical illnesses in addition to providing the normal death and TPD benefits. Upon issuance of the policy, the cover for Critical Illnesses begins 90 days after the inception of the plan.
Mortgage Reducing Term Assurance (MRTA)
MRTA is designed to meet the borrower's needs in repaying the outstanding loan with authorized financial institution in the event of untimely demise and disability. The financial institution takes the policy as collateral security against the property that has been financed so that the ownership of the house will be automatically transferred to the next of kin with no outstanding payment should the unexpected happens to the borrower.
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AMAL Thrill-A-Link
This policy is a premium investment-linked insurance, which gives you life insurance and Total Permanent Disability (TPD) coverage plus the flexibility to influence how and where your premiums are invested. The policy can benefit you at any stage in your life whether it is for retirement, protection of assets, and education fund for children or simply saving for the future.
Commerce Investment Guarantee (CIG)
CIG is a Capital Guarantee Single Premium Closed End Investment-Linked plan with insurance coverage. The fund is available for subscription on a limited offer period.
Commerce Investment Guarantee 2 (CIG2)
CIG2 is an extension of CIG. Like CIG, it is a Capital Guarantee Single Premium Closed End Investment-Linked plan with insurance coverage. The fund is available for subscription on a limited offer period.
Commerce Investment Guarantee 3 (CIG3)
This is a Capital Guarantee Single Premium Closed End Investment Linked plan with insurance coverage. The fund is available for subscriptions on a limited offer period and will be invested in a mixture of Corporate Bonds (minimum rating A2), blue chip equities and short-term deposits.
The fund objective is to provide investors with a minimum guaranteed investment return of 3.15% per annum upon maturity while preserving the capital over a 5-year investment horizon. The Bonds investment is tailored to meet the capital guarantee and guaranteed investment return at maturity, the short deposits are primarily for the sake of ensuring adequate liquidity, while the equity and/or Principal Guarantee Structure Product portion is to provide some upside potential for the client.
Commerce Investment Guarantee 4 (CIG4)
CIG4 is a 5-year unique Closed End Investment-Linked insurance plan that protects customer's initial capital and ensures that customer receives a guaranteed minimum returns upon maturity. CIG4 is bundled with life insurance coverage as an added feature that makes it a product that guarantees returns and protects at the same time.
Commerce Investment Guarantee 5 (CIG5)
This is a 3-year unique Closed End Investment-Linked insurance plan that protects your initial capital and comes with life insurance coverage. This plan offers a dynamic investment strategy and is an ideal investment vehicle for those investors who seek to earn an opportunity for potentially return that's higher than fixed deposits and the same time protects their savings.
Best Select Capital Guaranteed (BSCG)
This is a Capital Guaranteed Single Premium Closed Ended Investment Linked plan with insurance coverage and it is open to individuals aged between 18 and 70 years with minimum single premium investment amount of RM10,000.00. This investment-linked plan is closed ended and limited to a fund size of RM500 million only. The fund objective is to provide investors with a 100% capital guarantee at the end of 3 years together with potential investment returns that are higher than current fixed deposit rates, The fund will be be invested wholly in a three-year Floating-Rate Negotiable Instruments of Deposit issued by CIMB Bank.
MyKid Edu Plan
MyKid Edu Plan is an education investment-linked plan that gives life insurance protection and the potential for higher investment returns which can be used to pay for your child's education. This plan offers flexibility in managing your investment based on your and your child's changing needs as well as provides your child with protection against death as well as total and permanent disability all in one plan. This plan comes with a compulsory premium waiver rider.
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Group Mortgage Term Assurance (GMTA)
GMTA gives you protection against death and TPD. Your unsettled housing loan will be paid in full, thus freeing your family from unnecessary debt. Under GMTA, you will receive FREE automatic protection for 30 days.
Group Business Loan Insurance (GBLI)
GBLI was developed to match with the business loan given out to CIMB Bank borrowers. These loans may comprise of two components, namely a fixed term loan and also a variable facility called Overdraft (O/D).
HP Freedom
HP Freedom is a reducing term life policy designed to provide coverage on the life of the car hire purchase borrower should the unforeseen occurs. The outstanding loan amount will be settled in the event of death or TPD. This will free your loved ones from the burden of the outstanding loan and give you peace of mind.
Group Education Loan Policy (GELP)
GELP is a reducing term life policy designed to provide coverage on the life of the education loan borrower should the unforeseen occur. The outstanding loan amount will be settled in the event of death or TPD. In this policy, there is two categories - Single (Student) and Joint (Student & Payor).
Group Amanah Saham Assurance (GASA)
GASA is a reducing term life policy designed to provide coverage on the lives of loan borrowers in the event of Death or TPD, as defined by the policy, which takes place prior to the full repayment of the loans.
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Parent Care
Parent Care is a scheme specially designed for Account holders of CIMB Bank that provides an efficient method for children to support their parents by remitting a monthly amount automatically to their parent's account. It is also designed to provide a means of support for the lifetime of the parent in the event the child is unable to continue providing for them. In the event of death or TPD of the insured child, the surviving parents will continue to receive the same amount of monthly payment for the rest of their lives.
FD Freedom
FD Freedom is a single premium endowment policy renewable every 3 months. It provides guaranteed investment return and life insurance protection. The life insurance coverage ranges from 105% to 125% of the single premium and depends on the attained age of the policyholder. The minimum investment is RM 100,000 and maximum is RM 1,000,000 per life.
Medic Freedom
This is a Yearly Renewable Group Medical and Health Plan that provides Surgical Benefits, Hospital Daily Income Benefit, Critical Illness Benefits, Outpatient Kidney Dialysis Benefits, Anticancer Chemotherapy / Radiotherapy (Outpatient and Inpatient) Benefits, Medical Assistance Fund (MAF) - Savings Fund, Maturity benefits through the accumulation of MAF and Death Benefit through optional Term Rider.
Cancer Plan
Cancer Plan is a medical insurance plan that provides lump sum benefit payments if the Insured is diagnosed with Carcinoma In Situ, Cancer, or Gender Specific Cancer. In addition, a daily hospital income benefit and service fee for radiotherapy / chemotherapy is also payable upon diagnosis of Cancer. This plan lends a helping hand on resolving financial worries so that you can focus on recovering.
Access Shield
Access Shield is an insurance plan that ensures the full repayment of the outstanding credit card indebtedness in the event of death or TPD. In addition, a refund of all premiums paid in the period of 36 months preceding the date of death or disability is also payable.
Credit Protector
Credit Protector is an insurance plan that ensures the full repayment of the outstanding credit card indebtedness in the event of death or TPD. It also takes care of the minimum monthly payment in the event the insured credit card holder suffers from temporary disablement or terminal illness.
Child Protector
This is a yearly renewable Juvenile Plan expiring at age 23 years old of the Assured Child (minimum entry age of 4 years old and maximum age of 17 years old) that provides coverage for Juvenile Critical Illness or Total Permanent Disability and Hosptalization Income benefit. Eligible entry age for the Payor is between 20 years old and 55 years old. The benefits for this plan includes lump sum payment for Child's 10 Critical Illnesses or Total Permanent Disability, Daily Hospital Income , Triple Daily Hospital Income for ICU and No Claim Bonus. There are 5 plans to choose from differentiated by the sum assured. The 10 Critical Illnesses includes Major Head Trauma, Brain Surgery, Loss of Limbs or Loss of Use of Limbs and Blindness, Cancer, Rheumatic Fever with Valvular Impairment, Kawasaki Disease with Heart Complications, Severe Juvenile Rheumatoid Arthritis, Major Organ Transplant, Severe Burns and Encephalitis.
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