Mark(pic) recently retired from Manulife Insurance Bhd as its CEO on Oct 30 last year. He assumed his new position at Liam with effect from Jan 2.
KUALA LUMPUR: Insurance premiums will not be going up for current investment-linked product (ILP) policyholders following the implementation of new guidelines for ILPs by Bank Negara on July 1, says Life Insurance Association of Malaysia (LIAM).
Chief executive officer Mark O’Dell said the premiums for ILPs bought before the guidelines come into effect should sustain the policy for the full contract term.
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