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HLA Launches 'Golden Prime' Plan
Last update: 05/12/2017

KUALA LUMPUR, Dec 5 (Bernama) --Hong Leong Assurance Bhd (HLA) has launched its HLA Golden Prime plan for†Malaysians between ages of 45 and 70 for their essential protection†needs with hassle-free enrolment that does†not require any medical examinations or answer any health questions.

In a statement today, HLA said, the plan would be available for limited period †from †Nov 30, 2017 to Feb 28, 2018.

"Generally, it is more difficult for the older age group to buy life insurance. HLA understands the Malaysian's need for protection in this area and has designed HLA Golden Prime to serve the needs of this market," it said.

HLA Golden Prime is a non-participating endowment plan and was specially designed for those between the ages of 45 and 70, it said.

"This plan pays up to four†times the sum assured upon accidental death and policyholders are protected at no loss, as they are guaranteed to receive 108 per cent†of the total premium paid upon policy maturity at age 80," HLA said.

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MON, DEC 11, 2017
US 4.0850/0880
S'pore 3.0188/0230
100 Yen 3.5941/5976
Sterling 5.4694/4746
Euro 4.8089/8128
Source: Bank Negara Malaysia

Starting April the banks have imposed a 50 sen processing fee on top of the 15 sen stamp duty on each cheque. The fee also applies to those applying for a Bankerís Cheque, Bank Draft and Cashierís Order. Do you think this additional charge is justified?
 

 
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