MCIS Life MCIS Life
  1. Introduction
  2. Benefits At a
    Glance
  3. Benefits
  4. How does it work?
Intro image

A savings plan designed to suit your lifestyle today - while securing your future with guaranteed protection and savings.

Enjoy a lump sum maturity payout and steady annual Guaranteed Cash Payments (if plan 2 is chosen) along with basic life protection. With options to choose your premium paying terms, it’s a flexible solution made for those who want shorter term commitment with meaningful longer term coverage.

Benefits At a Glance

Medical Underwriting icon
No Medical Underwriting

Get protected without the need for medical examinations.

Protection icon
Basic protection

Death Benefit.

Lump Sum icon
Lump sum payout

Guaranteed Maturity Benefit at the end of policy term.

Multiple Terms icon
Multiple premium paying terms and policy terms

to choose from.

Perpetual Payout Option icon
Option for yearly payout –

Guaranteed Cash Payment (GCP) every year for selected plans.

M-SureWealth is a non-participating endowment plan that provides both protection and savings. It can be tailored to suit your preference as shown below:

PLAN
1
  • Death Benefit
  • Maturity Benefit
PLAN
2
  • Death Benefit
  • Maturity Benefit
  • Guaranteed Cash Payment
Death Benefit icon Death Benefit
Policy Year at death of the Life Assured Death Benefit
1 to 2 100% of total Basic Premium paid less any indebtedness
3 and onwards
  1. (i) 100% of Basic Sum Assured; or
  2. (ii) 103% of total Basic Premium paid; or
  3. (iii) Guaranteed surrender value
whichever is higher, less any indebtedness
Maturity Benefit icon Maturity Benefit

The following Maturity Benefit is payable less any indebtedness in one lump sum at the end of the policy term if the policy is still in-force:

(i) With Guaranteed Cash Payment:
Policy Term Premium Paying Term (Percentage of Basic Sum Assured)
3 years 6 years
10 years 127% Not applicable
15 years 152% 152%
20 years 172% 172%
(ii) Without Guaranteed Cash Payment:
Policy Term Premium Paying Term (Percentage of Basic Sum Assured)
3 years 6 years
10 years 190% Not applicable
15 years 270% 270%
20 years 377% 355%
Cash Payment icon Guaranteed Cash Payment (GCP)

Enjoy annual Guaranteed Cash Payments of 5% of your Basic Sum Assured, less any indebtedness, from the end of the first policy year onwards - payable upon the Life Assured’s survival and while the policy is still in-force.

You have the option to either:

  1. (a) Receive the GCP every policy year; or
  2. (b) Accumulate the GCP with MCIS Insurance Berhad with interest. The rate of interest is not guaranteed and will be determined by MCIS Insurance Berhad yearly.

If you have not elected any of the above options, option (a) shall automatically apply.

You may switch between options (a) and (b) for your GCP at any time before the upcoming GCP payment.

Download Product Disclosure Sheet (PDS) for more information

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