Why Business Owners Choose Sun Heritage-i Over EPF
Introduction
Planning for the future isn’t just about growing your wealth—it’s about ensuring that your loved ones are protected and that your legacy continues long after you're gone. That’s where Sun Heritage-i, a shariah-compliant investment-linked takaful plan from Sun Life Malaysia, comes in. Designed with legacy planning in mind, this comprehensive solution offers both financial protection and estate planning benefits, making it an ideal choice for individuals who want more than just basic life coverage.
Key Features of Sun Heritage-i
One of the standout features of Sun Heritage-i is its generous death and total permanent disability (TPD) benefits. In the event of death or TPD, the plan pays out the higher of the sum covered or the total account value. Additionally, it offers accidental death benefits, with payouts reaching up to 300% of the sum covered if the death occurs under specific conditions—such as while traveling on public transport or overseas. This extra layer of protection ensures that your family will be well-supported financially in unforeseen circumstances.
Beyond protection, Sun Heritage-i includes estate planning features that help ease the financial and legal burden on your beneficiaries. Beginning from the end of the second contract year, a portion of the coverage amount is disbursed annually—up to RM20,000—to assist with estate planning, such as will writing or establishing a trust. This thoughtful inclusion transforms the plan into more than just insurance—it becomes a structured financial legacy tool.
The plan is also designed for convenience and accessibility. With a high non-medical limit of up to RM5 million, it allows eligible applicants to obtain substantial coverage without going through time-consuming health screenings. This makes Sun Heritage-i particularly attractive for busy professionals and older individuals seeking quick yet comprehensive protection. It also offers flexible contribution terms, allowing you to pay over 6, 10, 20 years or for the full contract term, with coverage available up to ages 70, 80, or even 99. Contracts ending at 70 or 80 can be extended to age 99 without additional underwriting—ensuring long-term security during your golden years.
Moreover, Sun Heritage-i rewards longevity with a maturity benefit if you live to age 99—making it not just a plan for others, but one that celebrates your own financial foresight. Optional riders are also available, including coverage for critical illness (Heritage CI Care-i), term protection, and premium waivers—providing flexibility to customize your plan according to your lifestyle and priorities.
Who Should Consider the Sun Heritage-i Product?
Sun Heritage-i is ideal for individuals who want to take charge of legacy planning in Malaysia and desire customized protection with minimal barriers to entry. Whether you're a business owner thinking ahead, a high-net-worth individual preserving your assets, or simply someone who wants to ensure their family’s financial well-being, this plan provides a smart, holistic solution. Conclusion In conclusion, Sun Heritage-i is more than just a life insurance policy. It’s a forward-thinking, shariah-compliant strategy for wealth preservation and financial protection. With its high coverage limits, estate planning support, and long-term benefits, this plan is built to safeguard what matters most—your legacy. If you’re ready to invest in a plan that’s as future-focused as you are, Sun Heritage-i could be the perfect fit.
