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Insurance Policy Details: Life, Critical Illness, Saving and Cash Dividend, Study Guides, Projects, Research of Finance

Details of an insurance policy including life protection benefits, critical illness benefits, saving contributions, and cash dividends. The policy covers various scenarios such as death, suicide, total and permanent disability, and diagnosis of specified diseases. The document also includes details of premium payments, saving contributions, and cost to company and employee. The long-term and short-term cash value projections and percentage of return are also mentioned.

Typology: Study Guides, Projects, Research

2014/2015

Uploaded on 08/16/2015

jason.chen
jason.chen 🇺🇸

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MAX-KERP
Name of Insured : ____________________ (M / F) D.O.B.: ________________ Age :
_________
Name of Payor : ____________________
Premium : ________ Fund : _______ Payment mode :
_________ Years : _________
No Description Protection Benets Details
1Life
a) Death
b) Commit Suicide
c) TPD
d) Presumptive TPD
RM __________
Policy issue after 13 months RM
__________
F 0 E 8 Sickness RM
__________
F 0 E 8 Accident RM
__________
Loss 2 limbs or loss all sight of both eyes;
or loss 1 limb and all sight of 1 eye
RM __________
238 Critical Illness
(60 days waiting
period)
RM __________
RM __________
a) 1/35 Diagnosis of the specied
diseases at 100%
RM __________
b) F 0 E 8 Baloon Angioplasty RM
__________
F 0 E 8 Coronary Laser RM
__________
F 0 E 8 Coronary Artherectomy RM
__________
3Saving
Contribution
Co
Emp
%
%
Year
Company
Employee
1
2
Total Saving
RM _____________
pf3
pf4
pf5

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MAX-KERP

Name of Insured : ____________________ (M / F) D.O.B. : ________________ Age :

_________

Name of Payor : ____________________

Premium : ________ Fund : _______ Payment mode :

_________ Years : _________

No Description Protection Benefits Details

1 Life

a) Death

b) Commit Suicide

c) TPD

d) Presumptive TPD

RM __________

Policy issue after 13 months RM


F 0 E 8Sickness RM


F 0 E 8Accident RM


Loss 2 limbs or loss all sight of both eyes; or loss 1 limb and all sight of 1 eye RM __________

2 38 Critical Illness

(60 days waiting period)

RM __________

RM __________

a) 1/35 Diagnosis of the specified

diseases at 100% RM __________

b) F 0 E 8Baloon Angioplasty RM

__________

F 0 E 8Coronary Laser RM


F 0 E 8Coronary Artherectomy RM


3 Saving Contribution

Co

Emp

Year

Company

Employee

Total Saving

RM _____________

Total

4 Cost to Company No

Description

Cost

Loss of profit

RM

Rehiring & retraining

RM

Others

RM

Total

RM

Cost Saving

_______ %

From Year __ Year^ Annual CD

____ x RM ___________

8 Total Projected Premium Paid / Total Projected Cash Value

Short Term:

Invest Fund

(~ 20 Yrs)

Year Total Saving by Emp Total Projected CV

____ : RM ____________ RM

____________

Percentage of Return:

______ %

9 Total Projected Premium Paid / Total Projected Cash Value

Long Term:

Retire Fund

(~ 30 Yrs)

Year Total Saving by Emp Total Projected CV

____ : RM ____________ RM

____________

Percentage of Return:

______ %

Upon early cancellation

No Description Remarks Benefits Details

10 Total Projected Premium Invested / Total Projected Surrender Value

Year

Invested

Surrender Value

Total

Loss incurred

RM _____________

11 Equity Fund Performance

Equity Fund : __________

Managed Fund : __________

Income Fund : __________

Dana Equiti : __________

(Based on Personal Money Fund Return Stats)

Year

Employer

Contributio

n

Employee

Contribution

Retirement

Fund

Death/TPD Critical

Illness

Early

Cancellation