Great Eastern Life launchs flexible endowment plan

Great Eastern Life Assurance (Malaysia) Bhd today launched a flexible endowment plan called "Great Cash Gain".

It seeks to balance savings objective with current financial needs and
protection, and offers limited or full premium payment.

Great Eastern Chief Executive Officer Datuk Koh Yaw Hui said the plan was
suitable for those who plan savings for their children's future education or for
a comfortable life after retirement while enjoying the benefit of additional

protection.

"Upon maturity of the policy or should any unexpected event happen to the
policyholder such as death or total permanent disability, this plan will pay out
an additional sum assured of up to 80 percent of the basic sum assured without additonal costs," he said in a statement.

"The savings plan also offers life protection, namely if death occurs due to
accidents before the policy term expires, the next-of-kin will receive an
additional sum of 100 percent from the total basic sum and all additional sums
assured," he said. -- Bernama