1. PRODUCT SPECIFICATIONS
MaxxSaver
8 January 2010
a) Product Description
This is a 6-pay regular premium participating endowment plan. It provides insurance coverage on
death, TPD and maturity benefit. Upon maturity 100% of the sum assured is payable.
The coverage terms available are 15, 20, 25 and 30 years. Guaranteed cash endowment is payable
annually from the end of 1st policy year onwards until the maturity of the policy term or upon full
payment of Death Benefit. In addition, non-guaranteed annual dividend and terminal dividend will be
payable, if any.
b) Product Benefits
a). Death benefit:
In the event of the Insured’s death, the amount payable shall be as follow less any indebtedness:
i. Higher of 100% of sum assured or return of annual premium* paid on basic plan only
(without interest and exclude rider’s premium, if any); and
 Annual premium are before any adjustment for mode of payment and substandard
lives premium loading.
i. Accumulated Cash Endowment, if any; and
iii. Accumulated Non-guaranteed Cash Dividend, if any; and
iv. Non-guaranteed Terminal Dividend on death, if any
b). Total and Permanent Disability (TPD) benefit:
Before the Policy Anniversary on or following the Insured’s 60th birthday, the Company will
accelerate the payment of the Death Benefit upon confirmation that the Insured suffers from TPD
subject to a maximum RM 1,250,000 per life.
i. For sum assured equal or below RM1.25 million
Upon payment of TPD benefit the policy shall be terminated.
ii. For sum assured more than RM1.25 million
The first RM1.25 million shall be treated as TPD Benefit and the terminal dividend on death
shall be advanced in the same manner as SA. The balance of death benefit will be payable
upon death of the Insured. The sum assured, all benefits (including maturity benefit) and
premium payable will then be reduced proportionately upon payment of TPD benefit.
c). Maturity benefit:
The following maturity benefits are payable less any indebtedness:
i. 100% of sum assured; and
ii. Accumulated Cash Endowment, if any; and
iv. Accumulated Non-guaranteed Cash Dividend, if any; and
v. Non-guaranteed Terminal Dividend on maturity, if any
For internal staff reference only Page 1 of 4

2. d). Guaranteed Cash Endowment (CE)
A % of basic sum assured will be payable annually starting from end of 1st policy year.
End of Policy Coverage Term
Year 15 20 25 30
1-4 3.0% 3.0% 3.0% 3.0%
5 6.0% 6.0% 6.0% 6.0%
6-9 3.0% 3.0% 3.0% 3.0%
10 6.0% 6.0% 6.0% 6.0%
11-14 3.0% 3.0% 3.0% 3.0%
15 6.0% 6.0% 6.0% 6.0%
16-19 3.0% 3.0% 3.0%
20 6.0% 6.0% 6.0%
21-24 3.0% 3.0%
25 6.0% 6.0%
26-29 3.0%
30 6.0%
Total 54.0% 72.0% 90.0% 108.0%
e). Non-guaranteed Annual Cash Dividend
Dividend, if any, is declared annually starting from end of second year onwards.
f). Non-guaranteed Terminal Dividend:
Terminal Dividend will be one-off payment payable upon
i. Death; or
ii. TPD; or
iii. Maturity; or
iv. Surrender
g). Non-guaranteed Surrender benefit:
Upon surrender, the following benefits are payable:
i. Accumulated Cash Endowment, if any; and
ii. Guaranteed Cash Surrender Value (CSV) ; and
v. Accumulated non-guaranteed Cash Dividend, if any; and
vi. non-guaranteed Terminal Dividend on surrender, if any
For internal staff reference only Page 2 of 4

3. c) Options for cash Endowment (CE) and Cash Dividend (CD)
On CE and CD declaration, it will be used to settle the repayment of any outstanding loan/loan
interests (if any) first, and then processed according to the CE and CD options. Policyholders will
have the following options on the remaining balance:
i. Cash – CE and CD may be paid in cash
ii. Accumulate - CD and CE may be left with us to accumulate on the interest declared by company.
iii. Reduce Premium
If no option has been selected, option (ii) will be applied.
d) Riders Attachable
i. Waiver of Premium Rider
To waive the basic premium in the event of CI of insured. Coverage term is basic policy’s
premium paying term.
ii. Payor Benefit Rider
To waive the basic premium in the event of death, TPD (Prior to age 60) or CI of payor. Coverage
term is basic policy’s premium paying term.
e) Premiums
i. Premium Type: limited pay regular premium
(Single/Regular)
ii. Payment Term: 6 years
iii. Premium mode
allowable:
Payment Mode Modal Factor
Annual 1.000000
Half-yearly 0.510000
Quarterly 0.257500
Monthly 0.087500
iv. Payment method: Cash, cheque, auto-debit or credit card
v. Premium structure: Dependant on age and coverage term.
A different plan code is implemented for each different coverage term in
RLS system
vi. Premium guarantee: Premium is level and guaranteed throughout the term
vii. Volume discount Sum Insured Volume Discount
(Basic):
5,000 – 9,999 Nil
10,000 – 24,999 -10
25,000 & above -25
For internal staff reference only Page 3 of 4

4. f) Underwriting
i. Entry Age (last Minimum Maximum
birthday):
Insured 15 days 60
ii. Sum Insured: Minimum Maximum
RM5,000 Subject to underwriting
decision
iii. Coverage Term 15, 20, 25 or 30 years (TPD covers up to age 60)
iv. Risk backdating: Yes. Not more than 6 months from the proposal submission date.
v. Substandard class LIEN or loading can be imposed for substandard lives.
allowed:
LIEN table
Death at Sum Insured Payable
st
1 year 20%
nd
2 year 40%
rd
3 year 60%
th
4 year 80%
th
5 year and above 100%
vi. Occupational class Loading can be imposed for substandard-occupation lives.
or rating:
For internal staff reference only Page 4 of 4