Ecircular - 4166 - New Products Launch

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Important note:

This is an internal agency circular. It is NOT a sales material


and CANNOT be used for the purposes of solicitation.

AD/4166/JUNE2023/OTJ

9 JUNE 2023

All Agency Force of GELM

Dear Sir/Madam,

New products launch: Smart Baby Shield Plus, IL Spouse Payer Benefit Extra Rider (Jr), and
product withdrawal of Smart Baby Shield effective 16 June 2023

Great News! In order to meet the evolving protection needs of expectant mothers, we are
pleased to announce the launch of two (2) investment-linked riders for SmartProtect Junior
which will be available to our valued customers from 16 June 2023 onwards:
1. Smart Baby Shield Plus
2. IL Spouse Payer Benefit Extra Rider (Jr)

Here are some of the key highlights of the new riders.


1. Smart Baby Shield Plus (SBSP, Plan Code: H72A/B to H74A/B)
Smart Baby Shield Plus (SBSP) is our new prenatal rider with enhanced coverage for the
mother and the baby, which will replace the current selling Smart Baby Shield (SBS, Plan
Code: U95A/B) effective from 16 June 2023. This rider is attachable to new business
policies of SmartProtect Junior (SPJ) at pre-natal stage with three (3) options of coverage,
namely Essential, Superior and Grand to serve the different needs of the parent.

Here are some of the enhanced features and benefits for SBSP:
 Coverage on neonatal jaundice is based on hospitalisation for phototherapy treatment
within sixty (60) days after birth, where the requirement on relevant blood tests
results including but not limited to total serum bilirubin levels of > 250 μ mol/L
(micromol/litre) is no longer applicable.
 Extended coverage term and increased congenital conditions for the baby.
 New features such as coverage on child development disorder, postpartum and
emergency caesarean section for early delivery.
 Available to non-Malaysian mothers, subject to underwriting.
 Available to twins except for twins conceived via assisted pregnancy method such as
IVF.
 Easy enrolment for subsequent pregnancy, subject to terms and conditions.

The combination of SBSP and other medical and critical illness riders is ideal for the
mother and child as it provides early protection from prenatal stage onwards. With that,
your customers can focus on the joys of pregnancy knowing that they already have the
comprehensive cover.

As such, the last date of new business submission for current selling SBS rider
attachment to SPJ is on 15 June 2023. Kindly ensure the accuracy of information and
submit early to avoid any disappointment.

Menara Great Eastern


303 Jalan Ampang t (603) 4259 8888
50450 Kuala Lumpur f (603) 4259 8000 greateasternlife.com

Great Eastern Life Assurance (Malaysia) Berhad (93745-A)


Important note:
This is an internal agency circular. It is NOT a sales material
and CANNOT be used for the purposes of solicitation.

2. IL Spouse Payer Benefit Extra Rider (Jr) (IL SPBE JR), Plan Code: U114)
IL Spouse Payer Benefit Extra Rider (Jr) (IL SPBE JR) is a supplementary rider that can only
be attached alongside with IL Payer Benefit Extra Rider (Jr) (IL PBE JR) for SPJ policies.
With IL SPBE JR, we are providing a more comprehensive protection to both the parents,
i.e. the payer and the spouse of the payer to complement SPJ polices.

SPJ packaged with IL PBE JR and IL SPBE JR would mean in the event of death, TPD or any
one of the critical illness covered conditions* occurs to either one of the parents of the
Life Assured, the premiums of the policy will be waived up to the Life Assured’s age of 25
years old.
*Except for Angioplasty and other invasive treatments for coronary artery disease

The combination of IL PBE JR and IL SPBE JR is highly recommended for customers who want
a more complete coverage to both parents on their child’s SPJ policy.

We encourage you to attend the new products briefing in order to gain better understanding
and to strengthen your professionalism in selling these wonderful plans. We have
scheduled several virtual sessions from 13 June 2023 onwards as stated in the following
Appendix. Please join us by registering yourself via GREATKNOWLEDGE to ensure you are
well-informed of the new products, and successful in your role as a Life Insurance Agent.

TCF product e-assessment for these IL riders will be available from 13 June 2023 onwards.
Kindly complete the TCF soonest possible so that you can submit new business applications
once the products are launched on 16 June 2023.

For further information, kindly contact your respective Senior Regional Agency Director
(SRAD) / Regional Agency Director (RAD) / Agency Director (AD) / Deputy Agency Director
(DAD) / Assistant Agency Director (AAD) / Strategic Business Development Unit (SBDU).

Breakthrough Beyond Limits


突破自我,跨越极限
எல் லலக்கு அப் பாற் பட்ட சாதலை
Mengatasi Pencapaian Tanpa Batasan

Thank you.

Warmest Regards,

Koh Ken Yong


Chief Agency Distribution Officer
Great Eastern Life Assurance (Malaysia) Berhad
(This is a computer-generated circular that does not require any signature)

Menara Great Eastern


303 Jalan Ampang t (603) 4259 8888
50450 Kuala Lumpur f (603) 4259 8000 greateasternlife.com

Great Eastern Life Assurance (Malaysia) Berhad (93745-A)


Important note:
This is an internal agency circular. It is NOT a sales material
and CANNOT be used for the purposes of solicitation.

Appendix: New Products Briefing Schedule

 Course title: 2023 Launch of New IL Riders for SmartProtect Junior


 Course code: 04745
 TCF Product e-Assessment for Smart Baby Shield Plus (Plan Code: H72A - H74A, H72B -
H74B) and IL Spouse Payer Benefit Extra Rider (Jr) (Plan Code: U114)| TCF Course Code:
04746 | Available date: 13 June 2023

Two (2) CPD hours (Structured) - Participants must complete TCF product e-assessment by
31 July 2023 after attending the product briefing session for CPD entitlement.

Below is the product briefing schedule for the agency force:

Region Date Time Language


13 June 2023
9.30 a.m. – 11.30 a.m. English
(Tuesday)
14 June 2023 9.30 a.m. – 11.30 a.m. Mandarin
(Wednesday) 2.30 p.m. – 4.30 p.m. English
15 June 2023 9.30 a.m. – 11.30 a.m. English
Nationwide (Thursday) 2.30 p.m. – 4.30 p.m. Mandarin
(Virtual Training via
WebEx) 16 June 2023 9.30 a.m. – 11.30 a.m. English
(Friday) 2.30 p.m. – 4.30 p.m. Mandarin
17 June 2023
9:30 a.m. – 11:30 a.m. English
(Saturday)
19 June 2023 9.30 a.m. – 11.30 a.m. Mandarin
(Monday) 2.30 p.m. – 4.30 p.m. English

IMPORTANT NOTES

 Kindly register the session in GREATKNOWLEDGE. For virtual sessions, please download
and read the ‘WebEx Guide’ available on the welcome page of GREATKNOWLEDGE, on
the steps to register and join WebEx virtual training.
 The WebEx details including the link, ID and password are available in the session
information in GREATKNOWLEDGE.
 For participants to login WebEx virtual training during the session, kindly login with the
name format as “Full Name_Agent ID”. E.g. Albert Ng_1234567. This is for attendance
purposes. Steps on editing your name are available in the ‘WebEx Guide’.
 Only registration via GREATKNOWLEDGE and registrants who attended the registered
session will be captured for attendance.
 Please register early in GREATKNOWLEDGE to avoid disappointment.

---------------------------------------------- End of page ----------------------------------------------

Menara Great Eastern


303 Jalan Ampang t (603) 4259 8888
50450 Kuala Lumpur f (603) 4259 8000 greateasternlife.com

Great Eastern Life Assurance (Malaysia) Berhad (93745-A)

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