INSURANCE | Staff Reporter, Malaysia

Allianz Life Malaysia, RHB Trustees partner for legacy planning

Clients will be able to set up trusts with a special fixed rate.

Allianz Life Malaysia and RHB Trustees Berhad have partnered to grant clients with trustee services to help manage and protect their legacies, a statement read.

Allianz Life will refer customers, whose insurance policies collectively make up a minimum sum assured of $120,595 (MYR500,000), to RHB Trustees until 31 December 2021.

Through the referral, customers will be able to draw up insurance trusts to leave a legacy for their family members with a special fixed rate of $121 (MYR500) for each insurance trust.

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