Allianz Life Insurance Malaysia chief product officer Chin Tze How, senior management member Joseph Gross CEO Zakri Khir putting artificial coins into a coin container to officiate the savings plan launch.
Allianz Life chief product officer of strategy and product division, Chin Tze How, said the plan was an affordable entry level insurance at a minimum of RM200 a month.
"We want to attract young Malaysians, especially the Generation Y population between 21 and 35 years-old to start saving again. Allianz PrimeSaver provides the flexibility in choosing preferred premium payment terms of six to 20 years and a coverage of 20 to 30 years.
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