Benefits & Privileges

Octo Octo
Death Benefit
TPD

Eligibility

Open to all loan borrowers of CIMB Bank who sign up for housing loan

Entry Age Limit (age as at last birthday)

Minimum Entry Age: 18 years old

Maximum Entry Age: 65 years old

Expiry Age: 70 years old (not inclusive of deferment period or expiry at age 70 years old, whichever is lower)

Certificate Term

Minimum Term: 3 years

Maximum Term: 40 years (not inclusive of deferment period or expiry at age 70 years old, whichever is lower)

Deferment Period

Minimum Term: 0 year

Maximum Term: 5 years

Sum Assured

Minimum Sum Assured: RM10,000

Maximum Sum Assured: No limit, subjects to underwriting should Sum Assured exceeds RM450,000

Important Notes

This product is underwritten by Sun Life Malaysia Assurance Berhad (197499-U), an Insurer registered with Bank Negara Malaysia under the Financial Services Act 2013.

 

Disclaimer

 

The description of the features and benefits of the insurance product herein is not a contract of insurance and is only a brief summary of the insurance product for quick and easy reference. The complete terms and conditions of the insurance product are contained in the Policy Document of Sun Life Malaysia Assurance Berhad (197499-U), the Insurer. 

 

CIMB Bank Berhad ("Bank") accepts no responsibility, obligation or liability for this insurance product and the services provided by the Insurer. The Bank merely acts as a distributor for this insurance product.

 

This insurance product is Sun Life Malaysia's product and not a product of the Bank. Therefore this insurance product is not guaranteed by the Bank, its subsidiaries and/or its affiliates and the Insurer shall undertake the full insurance responsibilities, obligations and liabilities in respect of this insurance product.

 

Terms and Conditions apply.