• Zurich Life Insurance Malaysia

    Zurich Malaysia offers 10 different life insurance plans to cover your needs. Each of these schemes provide multiple benefits that can suit for different stages in life. You can also provide complete protection for your family and loved ones as well. You have the flexibility to choose a cover and tenure based on your budget and preference.

    Life Insurance Plans Offered by Zurich

    Plan Name Main Coverage Coverage Period Add-on Coverage
    Zurich FlexiLife Death and Total and Permanent Disability Up to 100 years of age Yes
    Zurich FlexiLife Plus Death and Total and Permanent Disability Up to 100 years of age Yes
    Zurich FlexiLife Premier Death and Total and Permanent Disability Up to 100 years of age No
    Zurich SureCover Death and Total and Permanent Disability Up to 100 years of age No
    Zurich TermLife Death and Total and Permanent Disability Up to 80 years of age No
    Zurich TrueLady Death and Total and Permanent Disability Up to 100 years of age Yes
    Payback 100 Death and Total and Permanent Disability Up to 20 years Yes
    SmartLife Pro Death and Total and Permanent Disability Up to 100 years of age Yes
    Super Protector and Super Protector Plus Death and Total and Permanent Disability Up to 30 years Yes
    Teras Perdana Death and Total and Permanent Disability Up to 60 years of age Yes

    Zurich FlexiLife

    This policy offers affordable life coverage that will meet your needs at different stages of your life. This is a regular investment-linked plan that offers protecting, investments, savings, and earning under one scheme. It can help your start your child’s education fund as well as prove beneficial for your retirement fund. Add optional riders to enhance your cover.

    Zurich FlexiLife Plus

    This policy offers loyalty bonus and guaranteed insurances options. This is a regular investment-linked plan that can offer protection during different special events in your life, such as purchasing a house and getting married. You can invest in local funds as well as foreign funds as per your preference. This scheme provides comprehensive coverage and helps to manage your investment requirements.

    Zurich FlexiLife Premier

    This policy offers high coverage that can be customised as per your lifestyle needs. This is a regular investment-linked plan that is highly beneficial when you become a parent, when you purchase a house and even when you plan your legacy.  You can get supplementary income in the event of total and permanent disability before the age of 70. Apart from the comprehensive coverage, you will also get protection for around 14 infectious diseases.

    Zurich SureCover

    This policy comes with a guaranteed acceptance feature where your health condition at any stage would not be a deterrent to purchase this plan. The application process is quite easy without the need for any medical check-ups. You will receive a guaranteed maturity benefit after your 100th birthday where you will get 188% of your total paid premium as one lump sum. This plan also offers repatriation benefit where if anything happens outside Malaysia, death benefit of up to RM3,000 would be paid to get the mortal remains of the life assured back to Malaysia.

    Zurich TermLife

    This policy is a term insurance scheme. You can purchase this plan for basic protection or to enhance the coverage of an existing life insurance policy with Zurich. This scheme is quite useful to protect finances of your family and your business. This policy will provide protection against any liabilities as well as preserve your legacy. You can also use this plan to protect your business against the death or loss of a key personnel in your business. The benefit pay-out will help you to maintain your business while you are in the search for someone to take care of your business.

    Zurich TrueLady

    This life insurance policy is exclusively designed, for women. Whether you are single or married or a mother, you can customise this policy as per your insurance needs. It is a regular investment-linked plan that offers returns on your paid premium. You can choose from local funds or foreign funds according to your preference. This plan offers to no-lapse benefit where your policy will not lapse for the first 3 years even if the account value is not sufficient enough to the cost of the plan. You will earn loyalty bonus every 5 years in the form of units that will increase the value of your insurance account.

    Payback 100

    This policy offers guaranteed refund of your paid premium at the time of maturity. It is a basic scheme that provides you the flexibility to surrender the policy at any time and yet receive some cash value. This plan also offers double sum assured in the event of death or total and permanent disability due to any traffic accident on the toll highways across Malaysia.

    SmartLife Pro

    This policy offers guaranteed protection with increased coverage and a lump sum cash at maturity. You can increase your coverage by 2% every year until it is 130% of the initial sum assured. You also can add additional riders to enhance the coverage, such as double indemnity if any loss occurs in public transportation and buildings.

    Super Protector and Super Protector Plus

    These are two schemes under one plan. They both offer guaranteed protection and maturity benefits. Your basic premium under these schemes will be guaranteed and will not change until the policy reaches maturity. You can choose to pay your premium on a monthly, quarterly, half-yearly and yearly basis as per your preference. If you continue to keep the policy until maturity, you will receive 120% of the total premium paid as one lump sum or in a series of payments made each year. The Super Protector Plus plan will increase your initial sum assured by 5% every year until the maturity date.

    Teras Perdana

    This policy is a 5-in-1 plan which offered guaranteed protection and maturity benefits. This is an endowment scheme that offers basic yet comprehensive cover with affordable premium. You can choose from 7 different schemes under the same plan with different sum assured coverage.

    Features and Benefits

    • Get cover in the event of total and permanent disability, and death.
    • Enhance your coverage by adding optional drivers on different plans.
    • Get your insurance cover customised as per your needs and budget.
    • Choose flexible premium payment tenure.
    • Earn returns on your insurance policy by picking an investment-linked plan.
    • Protect yourself and your loved ones through a life insurance plan.

    How to Claim

    • In the event of any loss or incident, inform Zurich immediately.
    • Call the claims line to report a claim.
    • Send a written submission to Zurich.
    • Attach the required documents to your claim form to complete the submission.

    Eligibility Criteria

    Zurich FlexiLife

    Insured: 30 days old up to 69 years old

    Policyholder: 18 years and above

    Zurich FlexiLife Plus

    Insured: 30 days old up to 69 years old

    Policyholder: 18 years and above

    Zurich FlexiLife Premier

    Insured: 30 days old up to 70 years old

    Policyholder: 16 years and above

    Zurich SureCover

    Insured: 35 years old up to 80 years old

    Policyholder: 35 years and above

    Zurich TermLife

    Insured: 16 years old up to 65 years old

    Policyholder: 16 years and above

    Zurich TrueLady

    Insured: 16 years old up to 55 years old

    Policyholder: 16 years and above

    Payback 100

    Insured: 10 years old up to 55 years old

    Policyholder: 16 years and above

    SmartLife Pro

    Insured: 30 days old up to 65 years old

    Policyholder: 18 years and above

    Super Protector and Super Protector Plus

    Insured: 30 days old up to 60 years old

    Policyholder: 18 years and above

    Teras Perdana

    Insured: 30 days old up to 55 years old

    Policyholder: 18 years and above

    Required Documents for Claims

    Death Claim

    Compulsory Documents Additional Documents Documents Required if Death Due to Sickness or Natural Causes Documents Required if Death was Due to an Accident
    Completed claim form Certified true copy of claimant’s NRIC or passport or residence card Certified true copy of the death certificate Certified true copy of the claimant’s relationship with the deceased (marriage certificate or birth certificate) Original policy contract Original consent letter (four copies) Certified true copy of death report from the National Registration Department (if death occurred overseas) Administration letter or grant of probate or distribution order (for policies without any nomination) Certified true copy of the deceased’s NRIC or passport or residence card Statement from a physician (for policies less than 2 years old from the date of issuance) Certified true copy of the post mortem report ( for policies less than 5 years old from the date of issuance) Certified true copy of the toxicology report (if applicable) Certified true copy of the police report Relevant newspaper cutting of the accident (in English or Bahasa Melayu)

    Total and Permanent Disability Claim

    Compulsory Documents Additional Documents Documents Required if TPD was Due to an Accident
    Completed claim form Certified true copy of claimant’s NRIC or passport or residence card Completed total and permanent disability claim form Neurological examination report (NER) Original policy contract Original consent letter (four copies) Certified true copy of any other medical report (if applicable) Certified true copy of the EPF withdrawal letter (if applicable) Certified true copy of the SOCSO letter (if applicable) Certified true copy of the employment termination letter due to TPD (if applicable) Certified true copy of the police report Relevant newspaper cutting of the accident (in English or Bahasa Melayu)

    Critical Illness Claim

    Compulsory Documents Additional Documents
    Completed claim form Certified true copy of claimant’s NRIC or passport or residence card Confidential medical certificate (based on the type of illness) Certified true copy of the post-surgical report or diagnostic imaging Certified true copy of the histology or histopathology report (applicable only for diagnosis of cancer) Original policy contract Original consent letter (four copies) Certified true copy of any other medical report (if applicable)

    Accident Claim

    Compulsory Documents Additional Documents
    Completed claim form Certified true copy of claimant’s NRIC or passport or residence card Statement from the attending physician (for accident and hospitalisation claims) Certified true copy of the medical certificates or light duty certificates Original receipts and bills (for reimbursement claims) Certified true copy of any other medical report (if applicable) Certified true copy of the police report Relevant newspaper cutting of the accident (in English or Bahasa Melayu) Certified true copy of the imaging reports and CT scans (for burns and broken bones claims) Photograph of the injured part or dismemberment (for disablement or permanent dismemberment claims)

    Hospitalisation Claim

    Compulsory Documents Additional Documents
    Completed claim form Certified true copy of claimant’s NRIC or passport or residence card Statement from the attending physician (for accident and hospitalisation claims) Certified true copy of the admission and discharge summary or hospital invoices and bills Certified true copy of the histopathology report (for female illness) Certified true copy of the ultrasound, pap smear, mammogram report, and blood tests (for annual check-up allowance claim) Certified true copy of the birth certificate (for newborn allowance claim) Any original receipts and bills (for reimbursement claims) Certified true copy of any radiology, medical reports, X-ray, MRI, and CT scan

    With multiple plans designed for everyone, Zurich life insurance schemes are convenient and affordable. Whether you want to take a policy for yourself, your family, your unborn child or your wife, you can find multiple options to customise it according to your lifestyle. Contact Zurich to purchase a policy and protect your loved ones.

    FAQs

    Q. How can I purchase a policy with Zurich?

    A. There are 3 ways to purchase a life insurance policy. They are:

    • Contact the Zurich insurance call centre to purchase a policy.
    • Complete an enquiry form with your contact details and submit the form on the Zurich Insurance website. A sales advisor or an insurance agent will contact you to assist you with this process.
    • Find the address of your nearest branch by using the “Locate A Zurich Branch” section available on the website. Visit your nearest branch to purchase a policy.

    Q. What is the contact number for any enquiries regarding life insurance plans?

    A. You can call on 1300 888 622 for any queries regarding Zurich life insurance plans.

    Q. What is the sum that I can get insured for?

    A. The basic sum assured of each person will vary. It will be based on your age, gender, and the number of coverage units you purchase. You can get a quote if you prefer to know an approximate sum before you purchase a policy.

    Q. What are the optional riders available with the Zurich TrueLady plan?

    A. The optional riders available with the Zurich TrueLady plan are:

    • Flex Lady Critical Illness cover
    • Add-on Flex Maternity Care cover
    • Flex Junior Critical Illness cover

    Q. What are the various optional riders available for Zurich life insurance policies?

    A. The various optional riders available with Zurich life insurance plans are:

    • Max Golden Wanita Protection
    • PA Protector, PA Income, and PA Medicare
    • Protect All 100 EVO
    • Social Guard
    • Waiver of Premium on Dread Disease

    Latest News About Zurich Life Insurance

    • Zurich Negotiates Ways To Sell 30% Of Its Stakes

      Zurich Insurance Group is negotiating the deal with potential firms to reduce the stakes of its life insurance unit. This initiative is taken as a result of the new policy brought into action by Bank Negara Malaysia which states that the foreign investors must not own a stake higher than 70% in Malaysian insurance industry.

      Zurich Group is checking on the available options on selling stake or the public offering of the business so Zurich can retain 70% of the stakes. It is estimated that the sale of 30% stake of Zurich’s life insurance sector is worth US$100 million.

      The general insurance and life insurance operations of Zurich are now divided into two different entities legally. Now, Zurich Insurance Malaysia Berhad’s life insurance segment is called Zurich Life Insurance Malaysia Berhad and the general insurance segment is called Zurich General Insurance Malaysia Berhad.

      Other foreign insurance providers such as Prudential and Chubb are also working on figuring out the ways to sell their stakes in a profitable way.

      BBazaar Malaysia

      27 April 2018

    • Zurich Releases An Endowment Plan Only Meant for Teachers

      Zurich Life Insurance Malaysia has rolled out an exclusive plan dedicated to teachers. As part of the celebration of Teacher’s Day, Zurich has made it easier for the teachers to get coverage through Zurich Favour8. This new policy is an endowment plan offering protection, savings, and investment opportunities.

      The insurance company has waived the formality of underwriting for policies with annual premiums of up to RM30,000. Also, the insurer has removed the interest charges for all premium payment intervals i.e., monthly, quarterly, half-yearly, and annual payments. The only criterion to get the benefits of this new scheme is that the applicant must be a teacher at a public or private academic educational institute.

      The plan requires you to pay the premiums for 8 years to receive protection up to a period of 20 years. The policy can be purchased till an individual reaches the age of 65 years. The insurance company assures on offering guaranteed cash in addition to potential returns of the investment account.

      Mukesh Dhawan, General Manager, Zurich said that they are designing more products for teachers such as a group insurance product. He shared that the products may reach the market by the end of the year.

      BBazaar Malaysia

      27 May 2018

    •  
    reTH65gcmBgCJ7k
    This Page is BLOCKED as it is using Iframes.