How To Surrender Great Eastern Policy Malaysia

Mar2016 is the last premium payment cycle for the policy last week i received a statement letter from ge below is the summary after i compared 2016 and 2017 statement 2017cash bonus balance 4267 56survival benefit 5252 78net surrender value 21326 20total 30846 54 question1.

How to surrender great eastern policy malaysia. I am also wondering whether to terminate my policy i pay 240 a month since oct 2008 to be continued for 20 years so that i am insured for 100k under the great eastern flexilife20. Is this the value that i can get if i surrender. After i read this blog i am thinking of terminating the policy and buying a term insurance. However by withdrawing or surrendering your policy you are losing the valuable benefits and cover of your policy which may hinder you from meeting your long term financial objectives.

Therefore the legal representatives are unable to terminate the policy. With more than a century worth of experience great eastern has been a trusted name in the insurance industry. If the policy has no vesting date the legal representatives may act for the deceased policyholder to terminate the policy. A policy with an accumulated cash value can be surrendered for cash.

90100 for great eastern ex oac policy step 3. Why does great eastern need to recover claims paid out from my great supremehealth policy. With a mission to help customers live healthier better and longer great eastern has been actively tailoring their coverages and plans to protect its customers in this ever changing environment. Enter your 10 digit policy number in ref 1 field.

Great eastern is one of the largest life insurance companies in singapore and malaysia. Duplicate policy document he can submit a fresh surrender request. I bought a saving policy from ge in 2009 this is 8 years saving plan. Great eastern e connect is a secured customer portal that allows easy access to your policy details and statements update contact details and pay premium online.

Eligible insurance policies issued by the following companies can be sold. As long as it is a whole life insurance policy or an annuity it can be sold. From the requirement set out in the cpf private medical insurance scheme regulations parties offering similar medical coverage to medisave approved integrated shield plans are required to refund the amounts paid out under your medisave approved integrated shield plan i e. E connect great eastern life malaysia.

At great eastern malaysia. Discharge voucher for withdrawal surrender for investment linked plans. The life assured can decide if he wants to surrender the policy after the policy is vested to him and he is at least 21 years of age.