Zurich Favour8

Pay 8 years only for an assured 20-year coverage

Zurich Favour8 is an attractive plan that requires you to pay your premiums for 8 years only to enjoy long term cash savings and protection over 20 years.

Guaranteed Cash Back that grows your savings

You will receive guaranteed cash back¹yearly starting from the end of your 1^st policy year up till the end of your 20^th policy year. Best of all, these generous pay outs throughout the policy term will add up to 120% of your policy's basic sum assured, and do not affect the sum of your policy maturity benefits.

You may opt to accumulate the Guaranteed Cash Back with us at prevailing interest rate ² determined as declared by us; or reinvest it into the designated investment - linked funds for Zurich Favour8 to reap more potential returns.

Guaranteed maturity benefit promises 128% of the basic sum assured

Upon maturity of your Zurich Favour8 policy, you will receive a lump sum payment comprising of 128% of the basic sum assured. To top it off, you may also receive the accumulate Guaranteed Cash(if any) and a pay out from your policys Investment Account Value (under Zurich Favour8 Saver) depending on the underlying performance of the investment-linked funds!

Stay protected as you watch your savings grow

Apart from financial gains, Zurich Favour8 also covers you against the unexpected. Should death or Total and Permanent Disability (TPD) occur before the policy matures, the basic sum assured or 100% of the total premium paid (excluding loading) for your Zurich Favour8 Basic (after deduction of paid total guaranteed cash back, if any), whichever is higher, will be paid out. You will also receive the accumulated Guaranteed Cash Back (If any) and Investment Account Value under your Zurich Favour8 Saver, if any.

70/30 balance that helps boost your funds further

While 70% of the total premiums paid (excluding loading) are for your Zurich Favour8 Basic, 30% of the total premiums paid are for Zurich Favour8 Saver to make your money work harder. The premium under Zurich Favour8 Saver³ will be invested equally into two professionally managed investment-linked funds at 95% allocation rate. The allocated premium will be used to purchase units in the two designated funds for Zurich Favour8 Saver below.

• Zurich Vulture Fund
• Zurich Global Edge Fund

Click here for more information about the funds.

Option to add on premium waiver benefits for you and your loved ones

Begin with the basic comprehensive plan offered by Zurich Favour8, and top up with additional protection accordingly to your needs. These riders assure that no matter happens, you will have the peace of mind knowing that your savings plan for your loved ones is well guarded.

• Special Payor Guard
  If you are payor of a Zurich Favour8 policy, adding Special Payor Guard would enable you to give an extra layer of protection to safeguard your loved ones. This optional rider assured that the premium payable on your Zurich Favour8 policy would be waived in the unfortunate event of something happening to you, such as diagnosis of a covered critical illness, total and permanent disability, or death.
• Critical Illness Premium Waiver
  In the event that you are diagnosed with a covered critical illness, this optional rider would assure that the premium payable on your Zurich Favour8 would be waived; accordingly. Allowing you to focus on recovery while we take care of your policy.

Here's an example of how Zurich Favour8 works:

Mr. John, purchases Zurich Favour8 with RM100,000 basic sum assured to save up for his retirement, and opt to receive his Guaranteed Cash Back on a yearly basis.

From the end of his 1^st policy year, he receives the guaranteed cash back on a yearly basis, which totals up to RM120,000 at the end of his 20^th policy year.

Upon maturity of his policy, he receives a lump sum payment of RM128,000.

On top of the guaranteed benefits, he also receives investment returns from his investment account value³.
The pay out comes at the right time as Mr. John prepares for the retirement.

Note:
The example is for illustrative purposes only. Please obtain the sales illustration and premium rate that is applicable to you.
¹ The guaranteed cash back will cease upon Death or Total and Permanent Disability (TPD) claim. For more details, please refer to the policy documents.
² The interest rate used to accumulate the Guaranteed Cash Back is not guaranteed and may vary from time to time.
³ 5% of the unallocated premium under Zurich Favour8 Saver will be used to meet payment of commissions to intermediaries and management expenses.
⁴ The funds values are dependent on prevailing market values and the underlying investment performance of the respective funds.

The minimum sum assured is RM10,000 and the maximum sum assured is subject to underwriting requirements at the point of policy purchase.

Zurich Favour8 is open to anyone between 30 days attained age and 65 years old.