Gibraltar BSN Launches Comprehensive Protection Plan: GoProtect28 Feb 2019
Kuala Lumpur, 28 February 2019 – Gibraltar BSN Life Berhad (“Gibraltar BSN”), one of Malaysia’s fast growing life insurance companies, has launched GoProtect, a comprehensive investment-linked protection plan that offers a combination of protection, savings, and investment.
Built upon extensive customer data insights, GoProtect provides distinct tailor-made packages that cater to different needs and coverages. The plan also provides additional protection with an attractive new feature called Smart Protection where the Basic Sum Assured will increase by 5% on the 6th, 11th, 16th and 21st policy year respectively.
Under GoProtect, customers will have the flexibility to choose from four investment-linked funds (Gibraltar BSN Strategic Fund, Gibraltar BSN Aggressive Fund, Gibraltar BSN AsiaEquity Fund, and Gibraltar BSN Bond Fund), with the freedom to top-up premiums at any time to accumulate higher savings and investment. Policyholders will also enjoy continuous coverage for the first three policy years under the No Lapse Guarantee period so long as certain conditions are met.
Rangam Bir, President, and Chief Executive Officer said, “We are very pleased with the launch of GoProtect as it was specifically designed to allow Malaysians to build their own protection plan according to their financial needs at affordable premiums. Staying true to our vision of providing simple, relevant, and affordable protection, customers can enjoy death, total permanent disability (TPD), medical card, and waiver of premium benefits for as low as RM200 a month. I believe that GoProtect will go a long way to dispel the myth that insurance coverage is expensive and will ultimately help to deepen insurance penetration in Malaysia.”
GoProtect is distributed via Gibraltar BSN’s nationwide agency channel and further complements the life insurer’s range of simple, relevant, and affordable financial solutions that includes life and health protection through traditional and investment-linked plans. For more information, please visit www.gibraltarbsn.com
From left to right:
- Anna Lim, Chief Officer, Agency, Gibraltar BSN Life Berhad
- Rangam Bir, President, and Chief Executive Officer, Gibraltar BSN Life Berhad