SMART Legacy Global lets policyholders index their sum assured against five major foreign currencies while a rate lock-in mechanism captures the best exchange rate over the policy term.
PETALING JAYA: Great Eastern Life Assurance (Malaysia) has introduced SMART Legacy Global, a ringgit-based investment-linked plan designed for long-term legacy planning with exposure to global currencies.
SMART Legacy Global allows to index their sum assured against one of five major foreign currencies; USD, SGD, GBP, CNY or AUD, in addition to MYR.
A key feature of the plan is its exchange rate lock-in mechanism, which captures the highest exchange rate achieved between the ringgit and the chosen index currency over the policy term, providing a hedge against adverse currency movements.
GELM chief executive officer Datuk Koh Yaw Hui said the product was designed to meet the growing demand among customers taking a longer-term view of their financial planning.
“As customers take a longer-term view of their financial planning, they are looking for solutions that provide global relevance while maintaining the stability of a ringgit denominated policy. SMART Legacy Global is designed to meet this need by allowing customers to link their legacy value to major currencies, while retaining the familiarity and structure of an MYR policy.”
The plan also offers 100% premium allocation from inception, along with loyalty and maturity bonuses. Flexible premium payment and coverage terms are available, with optional waiver or payer benefit riders to enhance protection.
The plan carries a high non-medical underwriting limit of up to RM12 million, improving accessibility for high-net-worth customers without requiring medical examination.
During the campaign period from April 15 to June 30, 2026, the minimum sum assured is set at RM1 million, reverting to RM2 million once the campaign closes.
SMART Legacy Global is now available nationwide through Great Eastern’s network of financial representatives.