Career & Money,  Living

Investments As A Form Of Savings

Personal protection or savings investment, which would you choose? Or… do you even need to choose?

Insurance plans and saving investments – two big words that might sound confusing, vague and intimidating to some. Nonetheless, it is these exact two words that you’d regret not investing in when you’re met with an accident or when the debts pile up – which is exactly why one should consider getting them.

‘But times are hard. Prices keep increasing, I’ve got mouths to feed, my boss is stingy – and still you expect me to invest in so many things,’ you say? Our answer is yes, and no.

What we’re trying to say is that you can get covered, as well and save up for your future – all with just one right move. This is all possible with investment-linked insurance plans.

What are they?

Plans like these are essentially well-strategised plans that combine protection with a regular savings programme. The gist of it is that they address major life concerns by providing a balance between security and wealth.

What are they good for?

The way we see it, these plans are sort of like investments as a form of savings, and can do you a whole lot of good for your future.

Whether it’s for your retirement, your family’s future necessities, or simply attaining your personal goals and getting the things you’ve been yearning for – investment-linked insurance plans ensure that you can grow your fortune and allow you to plan for the good things in life, while providing protection coverage for your life.

As if all that is not enough, most of them even have the flexibility to suit a customer’s lifestyle. While available in all sorts of packages, the most common and beneficial ones offered are as:

  • A plan that creates accumulated funds for your retirement.
  • A plan guarantees protection and cash pay-outs for you and your family.
  • A plan that generates funds for when you need it the most.

All these are just major win-win situations, if we don’t say so ourselves! As a food for thought, we leave you with this: why choose between having savings or insurance plans when you can have the best of both worlds with just one right choice?

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This article is brought to you by Etiqa, the Insurance & Takaful arm of Maybank Group 

Etiqa offers a variety of investment plans that offer you various opportunities to save, earn and protect. While available in all sorts of packages, two of the most common and beneficial investment-linked insurance plans are:

Elitelink – a protection that lets you personalise till it best suits to your lifestyle. The plan provides you with flexible protection (including Death and Total & Permanent Disability protection) and the opportunity to invest for potentially higher returns, and the best part is that you get to add optional riders that accommodate to the interests you love!

Elite Takafulink – a plan that gives you time with your family and the wealth that they deserve with loyalty bonus, no lapse provision period and a protection coverage that covers Death and Total & Permanent Disability.

For more information, please refer to this website.

Disclaimer

The information contained in this article should only be used for general information. Statements and opinions expressed in articles, reviews and other materials herein are those of the authors.

While every care has been taken in the compilation of this information and every attempt made to present up-to-date and accurate information, Etiqa Insurance & Takaful cannot guarantee that inaccuracies will not occur. Etiqa Insurance & Takaful will not be held responsible for any claim, loss, damage or inconvenience caused as a result of any information within these pages or any information accessed through this site.

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