SmartProtect Wealth Plus


SmartProtect Wealth Plus

Embrace your future confidently with strong wealth protection

Looking to start your legacy planning but unsure of where to begin? Take meaningful strides with SmartProtect Wealth Plus, a regular premium investment-linked insurance plan that covers you up to 100 years next birthday with investments that grow as you take on life.

Safeguarding you with high insurance coverage in the event of death, Total and Permanent Disability (“TPD”) or accidental death, the plan additionally rewards you upon policy milestone, with maturity benefit at the end of your policy term.

Make the choice and plan your life right with SmartProtect Wealth Plus today.

Key benefits

Long-term protection up to 100 years next birthday

SmartProtect Wealth Plus offers a long-term protection which is up to age 100 years next birthday1 .

High protection against death or TPD

With coverage starting from RM500,000, SmartProtect Wealth Plus helps ensure that you and your loved ones will not be financially burdened if the worst should happen. Should death or TPD2 occur, you will receive the basic sum assured, additional sum assured, and total investment value1 of your policy.

Extra safety net of additional 1% sum assured each year

Your sum assured will grow by 1% every completed policy year throughout your coverage period, up to a maximum of 40%1 .

Footnotes and disclaimers


Please do take note of the below to ensure you fully understand what this product does and does not cover.


1 Terms and conditions apply. 

2 Coverage for TPD is only applicable for TPD that occurs prior to the policy anniversary on which the life assured attains age 75 years next birthday.

3 On the policy anniversary of age 70 years next birthday or at the end of the 30th policy year, whichever is later.

4 Total investment value.


SmartProtect Wealth Plus is a regular premium investment-linked insurance plan. Some of the choices of funds invest in Shariah-approved securities. However, this is not a Shariah-compliant product. This plan is an insurance product that is tied to the performance of the underlying assets, and is not a pure investment product such as unit trusts. Premiums are payable for the whole term of the policy, or until death or TPD or termination of the policy, whichever comes first.


You should satisfy yourself that this plan will best serve your needs and that the premium payable under the policy is an amount you can afford. A free-look period of 15 days is given for you to review the suitability of the plan. If the policy is returned to the Company during this period, the Company shall refund an amount equal to the sum of:


a) the total investment values of the policy based on the net asset value at the next valuation date; and

b) the investment values of the units which have been cancelled to pay for insurance charges and policy fees; and

c) the amount of premiums that have not been allocated;
    minus the expenses incurred for medical examinations, if any.


Net asset value is the single price at which the policy owner buys the units in a unit fund and sells the units back to the unit fund. If you switch over your policy from one company to another or if you exchange your current policy with another policy within the same company, you may be required to submit an application where the acceptance of your proposal will be subject to the terms and conditions to be imposed at the time of the policy switching or replacement.


In cases where the purchase involves a premium of a sizeable amount (i.e. RM5,000 and more), you should consider purchasing a single premium investment-linked insurance plan as single premium plans offer better allocation rates for investment. However, please take note that single premium plans may not offer as much insurance protection as regular premium plans and may have less riders/supplementary benefits available.


You may stop paying the premiums and still enjoy protection as long as there is a sufficient total investment value to pay for the insurance charges, policy fee and supplementary benefit premiums, where applicable. However, there is a possibility of the policy lapsing when the required charges, including rider charges, exceed the value of the fund units available. Purchasing too many unit-deduction riders may deplete the fund units.


In the event the actual sustainability of the policy is reduced due to revisions to insurance charges, the Company may vary the premiums on the policy anniversary by giving you 3 months’ advance written notice.


Buying an investment-linked insurance plan is a long-term commitment. An early termination of the policy involves high costs and the withdrawal value is dependent on prevailing market value of the underlying assets of the unit fund. Therefore, the withdrawal value may be less than the total premiums paid. The policy value may rise or fall, based on the underlying performance of the funds. The performance of the funds is not guaranteed. The sustainability of the policy depends on the underlying performance of the funds. The investment risk under the policy will be borne solely by the policy owner. Past actual performance is not a guide to future performance, which may be different.


Any amount of the premium that has not been allocated to purchase units is used to meet the payment of commissions to intermediaries and general expenses of the Company. The Company reserves the right, in circumstances it considers exceptional, to suspend issuance or redemption of units.


The above is for general information only. It is not a contract of insurance. You are advised to refer to the Sales Illustration, Fund Fact Sheet, Product Disclosure Sheet and sample policy documents for detailed important features and benefits of the plan before purchasing the plan. The exclusions and limitations of benefits highlighted above are not exhaustive.

Information correct as on 22 September 2021.

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