Two things are of the utmost importance when getting life insurance in Malaysia. The first is finding the right insurance company, while the second is choosing the ideal package for you. If you’ve been shopping for life insurance, one name you’ll likely have come across a few times is Great Eastern Life Insurance. Everything you need to know is below.
Great Eastern Life Insurance Profile
Initially founded in 1908, this insurance company has a long heritage and has earned a name for itself regarding providing unparalleled financial protection. It has one of the largest networks in operation in Malaysia as well. A recent survey confirms that Great Eastern Life Insurance has more than 20 000 associates spread all over the country. Perhaps, it is one of the reasons it’s so trusted by Malaysians, as another study shows at least two in every five people currently use this life insurance provider.
Even the best insurance coverage policies tend not to mean much if you can’t conveniently afford to manage it and pay your premium. This insurer goes a long way in making most of its life insurance packages more than affordable so you can quickly benefit from their policies.
They Offer Excellent Coverage Terms
Most potential users aren’t likely to complain about their policies’ coverage terms. Apart from the fact that many of these terms far exceed the competition’s average, a few also allow you to add more time as you see fit.
They Offer Customizable Policies
Some argued that they stirred clear of life insurance policies because many terms were too rigid and inflexible. That’s perhaps why this insurer introduced policies that consumers can exert more significant influence over. It helps you get your needs without putting a strain on your wallet. The one thing to improve on regarding the fantastic services offered by this provider is the pricing it offers younger consumers. A quick look around revealed that their prices were slightly higher than the competition in this area.
Final Verdict
Overall, we’d say that the pros of using this insurer for your life insurance beat out any cons. Also, the history and good record they have reduces the chances that you’ll encounter any trouble with them.