Home -> Services - Group Multiple Benefits Insurance Scheme - GS577

GOOD NEWS! Our Sarawak Bank Employees' Union, have arranged with Great Eastern Life which is the largest life insurance in Malaysia to launch a Group Multiple Benefits Scheme with premium refund based on the Accumulated Fund as illustrated below. This scheme covers all members, spouses and also children against death, disability and also the 36 Critical Illnesses.

Maturity Benefit * Age 55, if you save RM30 per month

Age at Entry	Policy Year	Total Contribution (RM)	Maturity Benefit (RM)	Percentage of Return
25	30	10,800	20,044	186%
30	25	9,000	13,154	146%
33	22	7,920	10,069	127%
35	20	7,200	8,354	116%
38	17	6,120	6,206	101%
40	15	5,400	5,011	93%
45	10	3,600	2,682	75%
48	7	2,520	1,694	67%
50	5	1,800	1,132	63%

Maturity Benefit Projection is based on Certain Assumptions and is not guaranteed. The actual value would differ according to the performance of the scheme and the Company's investment.
In addition to the above, we also provide wide coverage as follows:-

Benefits	Sum Assured (RM)
Critical illness	30000
Natural death	30000
Accidental death	60000
Total permanent disability (due to illness)	30000
Total permanent disability (due to accident)	60000
Funeral Expenses	2000

ADVANTAGES OF THIS SCHEME

Same Level of premium for all ages and pay through union.

The Premium of this scheme is cheaper than individual policy.

Members can continue participating until age 55 years old.

Automatic deduction of your monthly premium through your salary offers you convenience and ensure that your policy does not lapse.

Double amount of coverage if death or disabilities are due to accidental causes.

Attractive Cash Surrender Value will be given to you, if you decided to stop the policy after 1 month of coverage.

WE ARE PLEASE TO INVITE YOU TO JOIN THIS SCHEME
FOR A LIFETIME PROTECTION!!!

For more information or registration, please kindly contact us.