EliteLife Signature Heritage
Protecting A Heritage Beyond Borders.
Designed to safeguard your legacy with foresight and flexibility, allowing you to reference a preferred currency to preserve value against currency fluctuations.
This is a Life insurance product.
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EliteLife Signature Heritage offers unique flexibility by allowing you to reference your coverage to a preferred currency of choice. The Heritage Face Amount Value preserves and protects your legacy with enhanced life protection by locking in the highest Declared Exchange Rate throughout the policy term.
Providing long‑term security for your loved ones — all within a convenient 5‑year premium payment commitment.
Key Features
Highlights of Elitelife Signature Heritage:
Safeguarding Legacy With A Short Premium Commitment
- Enjoy a 5‑year premium payment term for coverage up to age 80 or 99, while tailoring your insurance protection starting from RM500,000 onwards to support your legacy planning.
Coverage Referenced To Preferred Currency
- 5 currencies are available as the policy’s Reference Currency: MYR, USD, SGD, GBP and AUD.
- Insurance coverage for EliteLife Signature Heritage will be determined in MYR based on the Reference Face Amount in the preferred Reference Currency.
Valuable Insurance Protection
- DEATH, TOTAL AND PERMANENT DISABILITY AND SENIOR CARE BENEFIT1
Your loved ones will receive the highest of the following upon occurrence of such an unfortunate event:- Basic Face Amount;
- Heritage Face Amount Value; or
- Account Value
- ACCIDENTAL DEATH BENEFIT
Pays 100% of Basic Face Amount in addition to the Death Benefit, upon death due to accident prior to age 70.
Critical Illness Support
- OVERSEAS CRITICAL ILLNESS TREATMENT BENEFIT2
- Reimbursement of costs incurred for accessing critical illness treatment abroad, up to 25% of the Basic Face Amount.
- Cover two-way flight of the Insured and one companion to the country of treatment and daily allowance based on number of days being hospitalised overseas.
- CI PREMIUM WAIVER
Waives the policy’s future premiums (excluding any Additional Regular Top-up) if you are diagnosed with one of the covered critical illnesses.
Booster Rewards & Loyalty Bonuses3
- WELCOME BONUS
Receive an additional 3% of the Insurance Premium credited to your policy when you pay your premium for the first 2 policy years. - LOYALTY BONUS
Receive an additional 0.5% of the Account Value credited to your policy every 2 years, starting from the end of 10th Policy Year. - INCOME BOOSTER
At the end of the 15th and 20th Policy Year, a special bonus of 5.0% and 8.0% of the Account Value respectively will be credited to your policy.
Maturity Benefit
Receive maturity payout upon policy maturity:
| Coverage Term | Benefit |
|---|---|
| Up to Age 80 | Account Value |
| Up to Age 99 | Highest of: i) Basic Face Amount; ii) Heritage Face Amount Value; or iii) Account Value PLUS Maturity Booster2 (i.e. 5% of Account Value) |
Access to a Wide Range of Professionally Managed Investment-linked Fund(s)
Choose from a diverse range of funds to customise an investment portfolio that aligns with your financial goals and risk tolerance.
No Lapse Guarantee Benefit2
Continue to enjoy coverage even if the Account Value is insufficient to pay the policy charges during the premium payment term.
Flexibility
- Heritage Face Amount Value Reset - option to reset the Heritage Face Amount Value back to the initial coverage (i.e. equivalent to Basic Face Amount).
- Renewal Benefit option - For coverage terms up to age 80, you may renew the policy up to age 99, without re-underwriting.
- Withdraw your investment4 as and when needed.
- Convenient top-up features to increase savings.
- Unlimited fund switching to take advantage of market trends without any charges.
Other Benefits
- INSURANCE CHARGE DISCOUNT
Enjoy savings on the basic plan’s insurance charges:- 5% discount if coverage is RM1 million and above
- 8% discount if coverage is RM2 million and above
- AUTO FUND REBALANCING
Your investment portfolio will automatically rebalance every quarter to ensure that the portfolio mix you have chosen remains consistent. - INCOME TAX RELIEF
You may qualify for income tax relief, subject to the requirements of the Inland Revenue Board.
| Product Footnotes: | |
| 1 | TPD coverage is up to age 70 only. Death Benefit will be reduced by any TPD, Senior Care Benefit and Overseas CI Treatment Benefit payout. |
| 2 | Terms and conditions apply. |
| 3 | Loyalty Bonus, Income Booster and Maturity Booster are only applicable to Account Value allocated from Insurance Premium and Regular Top-Up Premium only. Income Booster for the 15th and 20th Policy Year is subject to a cap of 5% and 8% of the Basic Face Amount, respectively. |
| 4 | May subject to applicable fees and charges. |
Important Notes: Entire EliteLife Signature Heritage policy is denominated in MYR. All transactions, including premium payments, policy charges, benefits and insurance claims, are payable in MYR, regardless of the chosen Reference Currency. Switching of Reference Currency after policy issuance is not allowed. Please refer to Product Illustration and Product Disclosure Sheet for more info.
Manulife Insurance Berhad is a member of PIDM.
PROTECTION BY PERBADANAN INSURANS DEPOSIT MALAYSIA (“PIDM”) ON BENEFITS PAYABLE FROM THE UNIT PORTION OF THIS POLICY IS SUBJECT TO LIMITATIONS. Please refer to PIDM’s Takaful and Insurance Benefits Protection System (“TIPS”) brochure or contact Manulife Insurance Berhad or PIDM (visit www.pidm.gov.my).
DISCLAIMER FOR BANCASSURANCE PRODUCTS
Before purchasing the insurance policy, you are advised to refer to the terms and conditions in the Product Brochure, Product Disclosure Sheet and Product Illustration for details of the important features and major exclusions of the insurance plan.
This insurance product is underwritten by Manulife Insurance Berhad (200801013654 (814942-M)), a licensed insurance company regulated by Bank Negara Malaysia and is distributed by Alliance Bank Malaysia Berhad (“Bank”) (198201008390 (88103-W)). The Bank accepts no responsibility or liability for the plan or the products and services offered by Manulife Insurance Berhad.
