HiShield is an investment-linked insurance policy that offers protection to you and your loved ones up to an age of 100 years. This is a flexible policy that requires no medical check-up.
MCIS HiShield Life Insurance Benefits
The features and benefits of the insurance policy are:
- It is an investment-linked plan.
- You can get a guaranteed coverage for 5 years.
- The policy provides protection up to an age of 100 years.
- You can get a cover of up to RM8 million for total and permanent disability (TPD).
- The policy provides a cover of up to RM1.5 million.
- You do not have to undergo a medical check-up to qualify for purchasing the policy.
MCIS HiShield Life Insurance Claims
You can find the claim forms on the official website of MCIS. Once you download the relevant forms, you must fill them with accurate information. Also, you must complete your medical reports with the help of your doctor. Once you are ready with all the necessary documents, you can submit them to your agent or at the nearest MCIS branch.
You can contact customer service associates on the number 03-7652 3388 to get more information on the policy.
How to Cancel MCIS HiShield Life Insurance Policy?
You must provide a written consent for cancelling your insurance policy to the insurer. The application will be processed and based on verification of different criteria, you will get a refund of the premium you have paid if any.
Q. What kinds of funds can I invest in?
A. You can invest in a variety of funds such as balanced funds, equity funds, income funds, jati funds, dividend fund, etc. Please refer to the insurer’s website for more details.
Q. How do I know the status of my claim application?
A. You can check the status of your claim application by getting in touch with your agent, dialling the customer service helpline number, writing an email to firstname.lastname@example.org or browsing the Customer Portal.
Q. What does maturity benefit mean?
A. Maturity benefit relates to the benefit you receive upon the completion of the policy term.
Q. What is a Dividend fund?
A. A Dividend fund is a medium to long-term investment that provides a continuous supply of income. The target of a Dividend fund is high-yielding stocks with equal importance given to investment security.
Q. How long would it take for claim application to be processed?
A. MCIS will process your claim application within about 14 working days from the day of receipt of all the necessary documents.
Read the fine prints carefully before applying for the policy. Also, ensure that you are financially strong enough to make regular premium payments.