Life insurance is a form of risk management for all individuals. It protects you and your family against unforeseen circumstances that may put your health and your life in jeopardy. With life insurance, you are covered financially and can feel comforted knowing that your family will be taken care of as well, based on the insurance plan you have signed-up for.
Life insurance is generally an agreement you sign between yourself (policyholder) and the insurer (insurance company). You make monthly payments to your insurance for a fixed amount of coverage and benefits. Of which, these benefits will be paid out to you or the beneficiaries of the policy if events such as death, terminal illness, critical illness or total and permanent disability occur.
See also: Why Should You Get Life Insurance?
To make sure you are set up with an insurance company that you trust and that you can relate to, we have compiled a list of all life insurance providers in one list. Use this list to find an insurance company that matches your particular needs.
Allianz Life Insurance Malaysia Berhad
Allianz Malaysia Berhad is part of Allianz Group in Germany. Their life insurance arm is known as Allianz Life Insurance Malaysia Berhad. Allianz Life offers a comprehensive range of life and health insurance as well as investment-linked products and is one of the fastest growing life insurers in Malaysia. The company was founded in Malaysia in 1983 and their main line of business includes the underwriting of life insurance. Aside from life insurance, Allianz also offers Medical and Critical Illness insurance. They currently offer 5 life insurance plans each with differing benefits and coverage amounts. To apply for life insurance from Allianz Life Insurance, check out Allianz’s life insurance page.
AmMetLife Insurance Berhad
AmMetLife Insurance Berhad (formerly known as AmLife Insurance Berhad) has been established in Malaysia since 1973. The company is in partnership with AmBank Group and MetLife International Holdings which was a strategic formation in 2014. AmMetLife offers a comprehensive range of life insurance solutions, mostly distributed through the AmBank Group of branches and authorised life insurance agents. AmBank is one of the largest banking groups in Malaysia which also handles the underwriting of life insurance, family takaful, and general insurance. MetLife, Inc is a leading global provider of insurance and is headquartered in New York. To apply for life insurance from AmMetLife Insurance, check out the life insurance page.