Insurance Plans Available in AmMetLife Insurance Berhad Singapore

AmMetLife Insurance Berhad – A Complete Guide to Their Insurance Products (For Singapore-Based Clients Seeking Malaysia-Based Solutions)

While many insurance seekers in Singapore focus on locally licensed providers, there’s a growing interest in regional insurers who offer competitive premiums and attractive long-term savings structures. One such name that has caught attention is AmMetLife Insurance Berhad, a joint venture between AMMB Holdings Berhad (AmBank Group) and MetLife Inc., one of the world’s largest life insurers.

Although AmMetLife’s main operations are based in Malaysia, many high-net-worth clients, Malaysian expats, or border-region investors in Singapore explore their product suite through cross-border insurance strategies. The company is known for its solid life protection, investment-linked plans, and savings-oriented solutions.

Here’s a detailed, up-to-date overview of the insurance plans available from AmMetLife, written for clarity and value for readers exploring regional insurance options.

🔵 1. Protection Plans – For Life, Critical Illness & Disability

✅ i-Protect

• A comprehensive life insurance plan with death and TPD (Total & Permanent Disability) benefits

• Flexible policy terms: 10, 20, 30 years, or up to age 100

• Optional riders:

  • Critical illness (36+ conditions)

  • Waiver of premium

  • Accidental death benefit

• Designed for individuals seeking affordable long-term coverage

✅ i-Critical Cover

• A standalone critical illness plan that pays a lump sum upon diagnosis

• Covers early to advanced stages of cancer, heart disease, stroke, kidney failure, and more

• Suitable as a supplement to employer-provided medical cover

Why it works: Their protection plans are competitively priced and come with multiple customization options, making them suitable for both young professionals and family-focused clients.

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🟡 2. Savings & Endowment Plans – Grow Wealth with Guaranteed Returns

✅ i-Secure Legacy

• A participating endowment plan that offers guaranteed maturity benefits + non-guaranteed bonuses

• Payout can be used for children’s education, retirement, or legacy planning

• Policy terms: typically 15 to 25 years

• Death benefit is included, with premium waiver in case of disability

✅ Education Essentials Plan

• Tailored for parents saving for children’s education

• Structured payouts align with school/university milestones

• Includes protection for parent (payer) and continuation of savings even if the parent passes away or becomes disabled

Best for: Parents and long-term planners who prefer structured savings with insurance backing.

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🟢 3. Investment-Linked Insurance Plans (ILPs) – Flexibility & Growth Potential

✅ i-Wealth Enrich

• Combines life protection with investment options

• Policyholders can choose from a variety of unit-linked funds (local and regional)

• Transparent fee structure and full fund performance visibility

• Includes:

  • Death & TPD coverage

  • Fund-switching flexibility

  • Loyalty bonuses after a specific holding period

Ideal for: Clients looking for potentially higher returns while staying protected. Also suitable for wealth builders in their 30s–50s who want both insurance and market exposure.

🔴 4. Takaful & Shariah-Compliant Plans (For Muslim Clients)

✅ AmMetLife Takaful (Offered via AmMetLife Takaful Berhad)

• Offers Shariah-compliant family takaful plans

• Plans include:

  • Savings-based takaful

  • Critical illness and hospitalisation takaful

  • Term takaful with charitable surplus-sharing

• Funds managed under ethical Islamic principles

Why it matters: Great option for Muslim clients in Singapore or Malaysia looking for religiously aligned insurance products with transparent ethical guidelines.

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🏦 5. Group & Corporate Insurance Solutions

• AmMetLife offers group life and employee benefits plans:

  • Group term life

  • Group medical (hospitalisation & surgical)

  • Employee protection and savings

• Designed for SMEs and corporations with employees in Malaysia or Singapore (via regional arrangements)

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💼 6. Other Add-On Riders and Services

• Hospital income rider – Pays daily cash benefit during hospitalisation

• Waiver of premium – Waives future premiums in case of disability or CI

• Accidental disability income – Provides monthly income for TPD

• Second medical opinion – Service available for complex illness diagnosis

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✨ Final Thoughts – Is AmMetLife Worth Considering for Singapore Clients?

While AmMetLife doesn’t operate as a direct insurer in Singapore, it holds strong appeal for:

• Malaysians living in Singapore

• Singapore-based investors looking for regional diversification

• Clients working with licensed international brokers or IFAs offering AmMetLife plans

With backing from MetLife and AmBank Group, its plans offer a blend of global strength and local relevance—especially for those who want to align protection with savings or long-term family goals.

If you're comfortable exploring cross-border insurance strategies and want to combine affordability with legacy potential, AmMetLife is certainly worth considering.

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🔗 Official Website: https://www.ammetlife.com