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Smart Legacy Max

Smart Legacy Max -  Great Eastern

There is no greater legacy than inspiring endless possibilities

It is important to put precautionary measures in place to safeguard your loved ones against the risks they might encounter when you are no longer with them. Although you can't predict what the future will hold, with some thought and planning now, you can help protect and strengthen the future financial security of your loved ones or even generations to come.

With Smart Legacy Max, your concerns will be taken care of knowing that your loved ones will be protected by your forward planning. It is a limited pay investment-linked insurance policy with access to professionally managed unit funds with the benefit of life insurance and coverage up to age 100 years old next birthday. This will help provide a greater, brighter and more secure financial future for you and your loved ones.

Key benefits

Protection with flexible payment term

Smart Legacy Max allows you to enjoy long-term coverage of up to age 100 next birthday with premium payment term of either 5, 10 or 20 years1.

Additional 1% on sum assured yearly

With Smart Legacy Max, an additional sum assured of 1% of Basic Sum Assured is provided upon every completed policy year, up to a maximum of 30%1.

Booster Reward

A booster reward of 12% Basic Sum Assured will be credited into your TIV2 provided the policy is in force and all premiums due are paid up to date1.

Enjoy high protection against death/ TPD

With protection coverage starting from RM500,000, Smart Legacy Max helps ensure that you and your loved ones will not be financially burdened. Should death or TPD occur, the Basic Sum Assured, Additional Sum Assured and TIV will be paid out in accordance with the provisions of the policy1.

Additional protection against Accidental Death

You can never know when the untoward may occur. To help secure the future for your nearest and dearest, an Accidental Death Benefit will be payable upon death due to accident prior to the policy anniversary of the attained age 70 years next birthday1

Security of No-Lapse Guarantee (NLG)

Smart Legacy Max comes with a ‘No-Lapse Guarantee’ in the first 6 policy years. This valuable feature ensures that your policy will continue to remain in force even if your TIV becomes zero, so long as the premiums are paid consistently3 and no withdrawal is made within the first 6 policy years1

Financial flexibility for a secure tomorrow

To safeguard your family’s financial security in the future, you can even bolster the resources you leave them with the option of boosting the investment value of your policy via single premium top-ups subject to a minimum of RM1,000 per top-up1

Boost protection with additional riders

You can enjoy greater peace of mind by attaching riders to your Smart Legacy Max plan1.

Life planning advisor

Contact a life planning advisor

Talk to your Great Eastern life planning advisor to see which insurance solutions are right for you. No representative yet? Simply browse through our list of life planning advisors.

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Menara Great Eastern
303 Jalan Ampang
50450 Kuala Lumpur

Footnotes and Disclaimers

Please do take note of the below to ensure you fully understand what this product does and does not cover. If in doubt, contact your Great Eastern life planning advisor or have us call you back.


1 Terms and conditions apply.

2 Total Investment Value, on the policy anniversary of attained age 70 years next birthday or at the end of the 30th policy year, whichever is later.

3 On each premium due date or during the grace period.


Smart Legacy Max is a limited pay investment-linked insurance. Some of the choices of funds invest in Shariah-approved securities. This plan is an insurance product that is tied to the performance of the underlying assets, and is not a pure investment product such as unit trusts. This is not a Shariah-compliant product. Premiums are payable until the end of the premium payment term, or until death or TPD or termination of the policy, whichever comes first.

You should satisfy yourself that this plan will best serve your needs and that the premium payable under the policy is an amount you can afford. A free-look period of 15 days is given for you to review the suitability of the plan. If the policy is returned to the Company during this period, the Company shall refund an amount equal to the sum of:

a) the Total Investment Values of the policy based on the Net Asset Value at next valuation date; and

b) the investment values of the units which have been cancelled to pay for insurance charges and policy fee; and

c) the amount of the premiums that have not been allocated; 

minus the medical expenses incurred for medical examinations, if any.  

Net Asset Value is the single price at which the policy owner buys the units in a unit fund and sells the units back to the unit fund.

In cases where the purchase involves a premium of a sizeable amount e.g. RM5,000 and more, you should consider purchasing a single premium investment-linked insurance plan as single premium plans offer better allocation rates for investment. However, please take note that single premium plans may not offer as much insurance protection as regular premium plans and may have less riders/supplementary benefits available.

You may stop paying the premiums and still enjoy protection as long as there is a sufficient Total Investment Value to pay for the insurance charges, policy fee and supplementary benefit premiums, where applicable. However, there is a possibility of the policy lapsing when the required charges, including rider charges, exceed the value of the fund units available. Purchasing too many unit-deduction riders may deplete the fund units.

Buying an investment-linked insurance plan is a long-term commitment. An early termination of the policy involves high costs and the withdrawal value is dependent on prevailing market value of the underlying assets of the unit fund. Therefore, the withdrawal value may be less than the total premiums paid. The policy value may rise or fall, based on the underlying performance of the funds. The performance of the funds is not guaranteed. The investment risk under the policy will be borne solely by the policy owner. Past actual performance is not a guide to future performance, which may be different.

Any amount of the premium that has not been allocated to purchase units is used to meet the payment of commissions to intermediaries and general expenses of the Company. The Company reserves the right, in circumstances it considers exceptional, to suspend issuance or redemption of units.

The above is for general information only. It is not a contract of insurance. You are advised to refer to the Sales Illustration, Product Disclosure Sheet and sample policy documents for detailed important features and benefits of the plan before purchasing the plan. The exclusions and limitations of benefits highlighted above are not exhaustive. For further information, reference shall be made to the terms and conditions specified in the policy issued by Great Eastern Life.

The terms "Great Eastern Life" and "the Company" shall refer to Great Eastern Life Assurance (Malaysia) Berhad.

Information correct as on 15 January 2018.

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Great Eastern Holdings Ltd | Great Eastern Life Assurance Co Ltd | Great Eastern General Insurance Ltd
Great Eastern Holdings Ltd | Great Eastern Life Assurance Co Ltd | Great Eastern General Insurance Ltd