Alex Wong Zhunli

29/05/2025

Editing a comparison chart

22/05/2025

💡 Looking for more than just basic mortgage protection?

📞 Let’s talk about how our plan can safeguard your home and grow your wealth.

👉 Reach out today for a free consultation by commenting “ME” below in order to secure your family's future with a plan that does more.

20/05/2025

Comparing Mortgage Protection Plans

When comparing MRTA (Mortgage Reducing Term Assurance) and MLTA (Mortgage Level Term Assurance), it's essential to understand their distinct purposes and benefits.

1. MRTA is designed to cover the outstanding mortgage balance, with the coverage amount decreasing over time, aligning with the reducing loan.

It's typically a one-time premium plan and is often more affordable.

An MRTA plan's premium will usually be added into the loan amount and an interest rate will be charged on the total sum.

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2. MLTA, on the other hand, offers level coverage throughout the loan term and may include savings or investment components, providing additional benefits to the policyholder's beneficiaries.

Both MRTA and MLTA primarily focus on ensuring that the mortgage is paid off in the event of the borrower's death or total permanent disability, safeguarding the borrower's family from financial burden.

GELM has MLTA(s) that offers flexible, high sum assured coverage that remains consistent throughout the policy term.

This means that in the event of death or total permanent disability, your family can use the insurance payout to fully repay the home loan and retain any excess funds for other financial needs, giving them both debt security and financial continuity.

It’s a versatile alternative for those who want mortgage protection combined with long-term wealth growth and broader life coverage.

Reach out if you'd like to find out more about the plans we have.

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02/05/2025

Budget 2025 is not just a financial policy document — it's a signal for us to reassess our protection and retirement strategies.

With higher tax relief limits, added incentives for education and medical premiums, and the push towards building stronger retirement buffers, the government is nudging citizens to plan smarter and act early.

Ignoring these changes could mean missing out on valuable savings, or worse, being underprepared in times of crisis. Don't let opportunity slip away — realign your insurance choices with the new financial reality today.

If you haven't reviewed your life insurance portfolio this year, now is the time.

Comment “ME” to understand how Budget 2025 affects your current plans and how you can optimize them to gain maximum benefits.

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30/04/2025

Reassessing Your Insurance Plan in Light of Budget 2025 🔍

Following the announcement of Budget 2025, many have been prompted to review their financial plans. Changes to personal tax reliefs and anticipated increases in healthcare costs highlighted in the budget speech have raised concerns that existing insurance coverage may no longer be sufficient.

Just a few years ago, a simple term plan may have seemed adequate — but with inflation on the rise and medical expenses growing, it's becoming increasingly important to consider more comprehensive protection and retirement planning strategies.

The new budget provisions have also opened up opportunities for smarter insurance choices. The tax relief limit for education and medical insurance premiums has been raised from RM3,000 to RM4,000, offering greater benefits to those with broad health coverage.

Additionally, the extension of the RM3,000 tax relief for contributions to Private Retirement Schemes (PRS) and deferred annuities until 2030 provides further incentives for long-term financial planning.

Today, life insurance is no longer just about basic protection — it has become a vital tool to manage rising living costs and maximise tax benefits under Malaysia's latest financial policies.

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29/04/2025

Yesterday, I guided several clients on the steps to access their Premium Paid Statements on our E-Connect website in order to include the premiums paid for their policies for tax relief purposes.

Tomorrow, I will share some details on the increase of the tax relief limit for insurance premiums as announced in Budget 2025.

22/04/2025

Q2 2025 (2)

22/04/2025

Q2 2025 (1)

17/04/2025

Give yourself the best start in life with our medical plan! Secure your health, future, and financial well-being today.

Comment “ME” now to learn more and start planning for a brighter tomorrow!

17/04/2025

March 2025 👏👏 Congrats everyone 😊

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Mac 2025 👏👏 Tahniah semua 😊

Congratulations to our March Champions!