The launch of Quantum Malaysia comes after the international life assurance provider opened a branch office in Kuala Lumpur at the end of last year, following the granting of a license by the Labuan Financial Services Authority.
James Savastano, regional sales manager for RL360° Malaysia, said: “Quantum Malaysia is a quality product which can help high net-worth investors save for the future, whether for retirement, their children’s education or whatever their savings goals may be. It’s simple, affordable, accessible, and allows for investment in a high quantity of quality funds from world-leading managers.”
Key features of Quantum Malaysia include:
- Regular premium product;
- $350 per month minimum premium;
- Available in four policy currencies (where the monthly minimum premium is GBP250, EUR300, USD350, and AUD450);
- 100-102% allocation;
- Premium incentive and loyalty bonus; and
- Choice of 310+ funds to invest into.
Residents of Malaysia are able to take out a Quantum Malaysia policy through an adviser licensed by either the Labuan Financial Services Authority or Bank Negara, Malaysia’s central bank.
