Wealth Creator helps you grow wealth and secure your loved ones' future.
EVERY day, Malaysians make financial choices that balance immediate needs with future ambitions. Many focus primarily on meeting urgent expenses - paying bills and managing debt - but often overlook the importance of building long-term wealth and ensuring financial protection for the future.
When you are too focused on wealth creation and accumulation, there might be an oversight on wealth protection. Any unforeseen circumstance might jeopardise your efforts overnight, leaving your loved ones in a worrying state.
Generali Life Insurance Malaysia Bhd understands the importance of growing, accumulating and safeguarding your wealth. The insurer introduces Wealth Creator, an investment-linked insurance plan designed to help you build financial security and protect what matters most.
Why Wealth Creator is the smart choice
Wealth Creator provides a combination of protection and wealth accumulation, it’s an ideal plan to build wealth that lasts for generations and empower your family in pursuing their dreams.
Here’s how it works:
Consider a 45-year-old male policyholder contributing a monthly premium of RM2,000. In the unfortunate event of death, total permanent disability, or terminal illness, he ensures RM1mil for his children. Even in cases of accidental death, the accidental death payout can rise to RM4mil. If he survives and reaches the policy maturity date, he has the option to receive a potential of up to RM1mil, subject to the actual investment performances of the funds invested — perfect for a well-deserved retirement or as a legacy for his children and grandchildren.
* The projected amount is based on the illustrated Account Value with a gross investment return of 5% p.a..
Key benefits of Wealth Creator*:
> High protection: Comprehensive coverage against death, total and permanent disability (TPD), as well as terminal illness.
> Investment bonuses: Additional bonuses that enhance investment returns for retirement rewards.
> Lump sum payment: A substantial payment at maturity.
> Flexible premium options: Choose from premium payment terms of five, 10, 15, 20 years, or until the end of the coverage term.
Wealth, legacy and future security
Wealth Creator emphasises the preservation of wealth across generations. With a growing desire among Malaysians to leave a lasting legacy, this plan serves as a robust financial foundation.
Policyholders can provide protection to their loved ones in unexpected events or pass down accumulated wealth, supporting significant milestones for future generations.
Whether it’s purchasing a first home, starting a business, funding children’s education, or securing a financial cushion during challenging times, Wealth Creator can be instrumental in building financial security that spans generations.
For individuals approaching retirement, Wealth Creator offers an added layer of financial security, helping to maintain a comfortable lifestyle even after active employment has ended. By accumulating a significant sum that supplements retirement savings, policyholders can enjoy their golden years without the stress of financial strain.
Retirement savings
A significant percentage of Malaysians are underprepared for retirement, with statistics highlighting an urgent need for greater financial planning. The Employees Provident Fund (EPF) recommends that retirees have at least RM240,000 in savings to sustain their needs for 20 years. However, by the end of 2022, 51.5% of Malaysians aged 55 and below had saved less than RM10,000 in their EPF Account 1, falling critically short of these retirement goals.
Recent findings from the Securities Commission (SC) further reflect this challenge, reporting that 54% of Malaysians perceive their EPF savings as insufficient for retirement, with only 16% confident that their funds will last over 20 years. Alarmingly, 18% expect their savings to last less than five years post-retirement.
This worrying trend is compounded by a common focus on achieving short-term financial goals, such as buying property or vehicles, while retirement planning often comes as an afterthought.
This underscores the necessity for secure financial planning options that safeguard and preserve wealth. Investment-linked insurance plans, like Wealth Creator, offer crucial support by providing both life protection and long-term wealth accumulation, giving Malaysians a stable and secure financial path amid today’s uncertainties.
Start building wealth easily with Wealth Creator.
Embrace Wealth Creator and take control of your financial future today. To learn more, visit https://www.generali.com.my/savings-life-protection/wealth-creator
* Benefits listed are subject to the terms and conditions of the insurance plan.
