- Allianz Life Insurance Malaysia Berhad (Allianz Life) and HSBC Bank Malaysia Berhad (HSBC Malaysia) strengthen their bancassurance partnership with the launch of a new life insurance plan named the HSBC’s Universal AssuredTreasure.
- The universal life plan aims to guide individuals towards financial prosperity by offering a unique combination of savings growth, steady income streams, and comprehensive financial security.
- It also comes with an affordable premium, from a yearly premium of RM6,000. In addition, customers can enjoy the guaranteed cash payment and essential protection for themselves and their loved ones.
- Allianz Life Chief Executive Officer, Charles Ong said, “We are thrilled to introduce the HSBC’s Universal AssuredTreasure plan in collaboration with HSBC Malaysia. This innovative product exemplifies our commitment to providing customers with robust financial solutions that foster long-term wealth and security.
- “By combining Allianz Life’s expertise in insurance with HSBC Malaysia’s extensive banking network, we are empowering more individuals to achieve their financial goals and protect their futures, indirectly making insurance accessible for every Malaysian and lowering the protection gap in the country.”
- There is no medical checkup or health declaration required for HSBC’s Universal AssuredTreasure plan. Customers can also enjoy regular cash payouts, providing a stable income stream to support their financial goals.
- HSBC Malaysia is the exclusive bancassurance distributor for Allianz Life insurance products in the areas of protection, education, retirement, wealth and legacy needs since 2012.
- With a commitment to innovation, security, and growth, the partnership offers a range of products designed to meet the diverse needs of the customers.
Allianz Life Chief Executive Officer, Charles Ong
“We are thrilled to introduce the HSBC’s Universal AssuredTreasure plan in collaboration with HSBC Malaysia. This innovative product exemplifies our commitment to providing customers with robust financial solutions that foster long-term wealth and security."
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