International Journal of Banking and Finance

In: Business and Management

Submitted By sonsonpopo
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PRODUCT WRITE-UP PLAN NAME: PLAN CODE: LAUNCH DATE: Great Treasure Wonder (EDM-GTW) 0405 2 May 2012

Offer Period: 2 months, from 2 May 2012 to 2 July 2012 (based on proposal submission date and both dates inclusive), or until sales amount reach RM100 million, whichever occurs first.

PLAN DESCRIPTIONS 1. This is a limited pay Endowment plan with participation in profits. st 2. Survival Benefits are payable every 6 months starting from the end of the 1 policy year. 3. Term of Assurance and Premium Payment Term offered. Term of Assurance 20 years 25 years Premium Payment Term 5 years

PLAN BENEFITS 1. Death Benefit Upon death of the Life Assured, the Company will pay (a) sum assured at time of death; (b) accumulated survival benefit (if any); (c) any cash bonus (including accumulated cash bonus, if any); and (d) terminal bonus on death (if any); in one lump sum. In the event of death of the Life Assured occurring before age 5 years next birthday, a child lien as follows shall apply: Age Next Birthday on Policy Sum Assured at Time of Death Anniversary Preceding Death 1 20% of sum assured 2 40% of sum assured 3 60% of sum assured 4 80% of sum assured Note: Sum assured is defined as basic sum assured + additional sum assured (if any) 2. Additional Sum Assured An additional sum assured will be payable upon occurrence of the following event: (a) Death of the Life Assured; or (b) TPD of the Life Assured prior to the age of 65 years next birthday; or (c) Maturity of the policy; whichever occurs first. Additional Sum Assured Policy Year (as a % of the Basic Sum Assured) st 1 Policy Year Nil nd 2 Policy Year 12.5% rd 3 Policy Year 25.0% th 4 Policy Year 37.5% th 5 Policy Year 50.0% th 6 Policy Year until maturity 60.0% CFE/Agent Manual/Great Treasure Wonder (0405)/02052012 Page 1 of 10

3. Accidental Death Benefit Upon accidental death of the Life Assured within the…...

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