Dimension
Dimension is designed to fulfill your aspiration by combining guaranteed lifetime income with potentially higher returns from investment funds of your choice, all in one plan.
Guaranteed Annual Income
You will receive guaranteed cash endowments equal to 4% of the basic sum insured, every year starting from the end of the 10th policy year until age 100. The guaranteed cash endowment will be invested in the investment funds of your choice to maximize your long term return.
Potentially Higher Returns through Flexible Investment
Annual Dividends to Enhance Your Wealth Accumulation
On top of your guaranteed cash endowments, you can benefit from the annual dividends declared by our Company to grow your wealth. These annual dividends, if any, together with the guaranteed cash endowments, will automatically be invested in the investment funds of your choice.
Flexible Choice of Investment Funds*
Dimension gives you a choice of different investment funds across various financial instruments and sectors in both local and global market to diversify your investment. Your money will be professionally managed by experienced investment managers. With different fund choices available, you can easily design your choice of investment mix according to your own investment plan.
* Please refer to the Funds Brochure for the funds currently available and the investment policy of each fund.
Terminal Dividend
In addition, you can benefit from the long term investment gain of our Company in the form of terminal dividend, if any. For surrender or maturity of policy or in the unfortunate event of death or total and permanent disability, a one-off terminal dividend will be payable.
Comprehensive Protection Gives You Total Peace of Mind
Life Protection up to Age 100
Dimension gives you life protection up to age 100. In the unfortunate event of death or total and permanent disability, you or your designated beneficiary will receive the basic sum insured, the terminal dividend (if any) plus the balance of your investment funds. You can be assured that your loved ones are well taken care of financially.
Fixed Basic Premium and Life Coverage
Your basic premium is fixed and payable for 20 years only. It is also guaranteed to remain unchanged for the term of the policy. Moreover, your life coverage is guaranteed until age 100 once the basic premium is fully paid-up, giving you total peace of mind.
Supplementary Protection
You can combine the policy with a wide range of insurance products we offer to make the perfect combination to meet your needs. Additional premiums are required for supplementary protection and payments must be continued for the rest of the supplement coverage in order to remain protected.
Flexibility to Cope with Your Special Financial Needs
Conversion Option to Shorten Your Premium Commitment
Dimension also comes with a conversion option that allows you to convert your policy to a fully paid-up policy at the end of the 10th policy year. This means you can stop paying premiums after exercising the option and yet continue to enjoy lifetime protection and benefits. Upon exercising this option, all supplementary protection attached to Dimension will expire automatically.
Switch Your Investment from One Fund to Another – Anytime!
Your investment objectives may change from time to time. Dimension gives you the flexibility to reallocate your investment between investment funds or to change your selection of funds.
Withdraw Your Investment – Anytime!
You may have specific financial needs at different life stages or you may need money for emergency use. Dimension allows you to redeem your investment funds in part to accommodate your financial needs.
Important Notes
AXA AFFIN Life Insurance Berhad believes it is important that you fully appreciate and understand all the benefits and charges under your policy.
* Dimension is a limited pay whole life plan which participates in distribution of surplus.
* You should satisfy yourself that this plan serves your needs and that you can afford the premium.
* This policy does not have a guaranteed minimum cash value upon surrender until after you have paid premium for 3 years.
* Buying a life policy is a long term commitment and it is not advisable to hold your policy for a short period of time. If you surrender your policy prior to maturity, you may get back less than the premium amount you have paid.
* Annual dividends and terminal dividend are not guaranteed and may be changed, from time to time, by the Company taking into account the operating and investment performance of our Company.
* The investment returns of the fund may vary depending on the performance of the investment funds and they are not guaranteed. The investment risks under this policy will be borne solely by you.
* If you did not pay your premiums as scheduled, your account value (if any) and cash values (if any) will be used to pay future premiums. If the account value and cash value are not enough to pay for such outstanding premiums or any indebtedness, then your policy will lapse.
* You should ask for and study the sales illustration pertaining to your policy, paying particular attention to the non-guaranteed benefits.
* If you are not completely satisfied with the policy, you may return the policy and request the cancellation of the policy within 15 days from the date the policy is delivered to you. We will then refund the basic premium paid less any medical expenses incurred.
* This policy shall not cover:
a. Suicide within 1 year from the policy date or any date of reinstatement, whichever is later.
b. Total and permanent disability resulting from intentionally self-inflicted injury; any act due to war, declared or not; or military, naval or air service for any country at war, declared or not.
For detail kindly please refer to axa-affin.com
