Income Protection

What is Income Protection?

Income protection ensures that your regular earnings continue even if you are unable to work due to illness, injury, or disability. Your income is the foundation of your lifestyle, enabling you to meet financial obligations such as household bills, loan repayments, and daily living expenses. With proper income protection, you can focus on recovery without worrying about financial instability.

Why is it Important?

As representatives of Great Eastern Life Malaysia, Heroes FP Network provides access to solutions that safeguard your income. This ensures your family’s financial stability even if you cannot work. Income protection plans cover temporary or permanent loss of earning capacity, offering monthly income benefits and additional support to help you maintain your standard of living.

SmartProtect Wealth Max: Secure Your Income and Build Wealth

SmartProtect Wealth Max (SPWM) is an investment-linked insurance plan that combines income protection with wealth accumulation. It is designed to provide financial support in case of illness, injury, or death, while also offering long-term growth through investment boosters.

• Flexible Coverage and Premium Options: Choose protection that lasts until age 70, 80, or 90 next birthday, with the flexibility to pay premiums over 5, 10, or 20 years.
• Reward Boosts for Policy Milestones: Enjoy booster rewards of up to 5% of the basic sum assured, credited into your investment account depending on your entry age and coverage term.
• Double Maturity Booster for Greater Savings: At maturity, receive 100% of your total investment value plus a maturity booster. This benefit doubles if you’ve made fewer than five partial withdrawals and paid all premiums on time.
• Comprehensive Financial Protection: With coverage starting from RM500,000 and a high non-medical limit of up to RM8 million, you and your loved ones stay financially protected against life’s uncertainties such as death or TPD, without the hassle of medical check-ups (subject to age and health conditions).
• Enhanced Coverage for Accidental Death: In the event of accidental death before age 70, your loved ones will receive an additional 100% of the sum assured. For accidents on public conveyance, this increases to an additional 200%.
• Built-in Safety Net with Coverage Growth: Your protection grows stronger over time with an extra 5% of the basic sum assured every 10 years, up to a maximum increase of 30%.
• Conversion Flexibility at Maturity: When your plan matures, you can seamlessly convert it into an endowment or whole life policy without medical underwriting.
• No-Lapse Guarantee: Benefit from a 6-year No-Lapse Guarantee, ensuring your plan remains active even if your investment value drops to zero, as long as premiums are paid and no withdrawals are made during this period.
• Optional Riders for Extra Peace of Mind: Enhance your protection further with a range of optional riders tailored to your needs.