ValuePac provides a comprehensive coverage on death and Total and Permanent Disability (TPD). The lump sum benefits would be paid upon the first occurrence of death or TPD to the life assured. You will find this plan affordable as it is developed to best suit your income profile without limiting your ability to spend on other things that are dear to you.
Key Benefits at a Glance:
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Affordable protection to ease your financial burden
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Various terms available to suit your different financial goals
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Renewability and conversion option to meet your changing needs
Key Features:
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Coverage Term
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5-year, 10-year, 15-year, 20-year or up to age 60
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Entry Age |
Coverage Term |
Min. Entry Age |
Max. Entry Age |
5 – 20 years
Up to age 60
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18
18
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60
55
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Sum Insured |
Min : RM25,000
Max : Maximum amount is subject to underwriting |
Additional Options
Renewability Option
This option is available for ValuePac5, ValuePac10, ValuePac15 and ValuePac20. The policy will be renewed automatically from the Expiry/Renewal Date for the same term without further evidence of insurability.
Maximum renewal age is 60. This term plan will be renewed automatically until you reach age 60.
Conversion Option
This option is available to all ValuePac plans. You can convert your ValuePac to a whole life plan at any premium due date prior to the expiry date without further evidence of insurability at or before age 60.
For more information, contact us at 1 300 88 1616
important notes
AXA AFFIN Life Insurance Berhad believes it is important that you fully appreciate and understand all the benefits and charges under your policy.
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You should satisfy yourself that this plan will best serve your needs and the premium payable under the policy is an amount you can afford.
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This policy does not have a guaranteed minimum cash value upon surrender until after you have paid premium for 3 years.
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You may get back less than the amount you have paid if you surrender the policy.
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If you are not completely satisfied with the policy, you may return the policy and request the cancellation of the policy within 15 days from the date the policy is delivered to you. We will then refund the basic premium paid less any medical expenses incurred.
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Renewability option and Conversion option are only available to the Insured who is standard class when the policy is issued.
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Major exclusions
This policy shall not cover:
a. Suicide within 1 year from the policy date or any date of reinstatement, whichever is later.
b. Total and permanent disability resulting from intentionally self-inflicted injury; any act due to war,
declared or not; or military, naval or air service for any country at war, declared or not.
