Please refer below.
Level premium means that your premium payable will remain unchanged from the time you purchase this policy until the entire duration of your policy coverage term.
However, since you are only paying for pure protection without allocating your money into any investments, this means that your premiums will be substantially cheaper than policies which combine protection with savings and investments elements.
This depends on the term plan you purchase:
Yes. If you are a Malaysian citizen with an NRIC and a Malaysian address, and if you reside outside of Malaysia in certain countries (New Zealand, Australia, USA, Canada, UK, Ireland, Brunei or Singapore), you are eligible to buy this product.
We want to keep it simple and convenient for you. You are not required to undergo any medical examinations or health checks. All you need to do is truthfully answer some health and lifestyle questions on our website. However, in the event of non-disclosure during claim stage, We reserve the right to avoid the policy, reject or reduce a claim and/or change or vary the terms after system validation at TMLM.
Yes, you can assign the ownership of this Policy to someone else. Once you have a policy, changing the ownership is simple. You and the new owner would need to simply complete an ‘Deed of Assignment’ Form, which can be downloaded from here and submit to our customer service via any of our branches.
Kindly note that electronic submission of the Deed of Assignment will not be accepted.
We cover you worldwide. All you need to take note of is that your premium should continue to be paid in Malaysian Ringgit (RM). You can choose to pay through a Malaysian bank account or by credit card.
TokioMarine-TermDefender is a pure protection term plan best suited to any applicants who:
This plan does not provide any cash value nor maturity value.
You can purchase multiple TokioMarine-TermDefender policies. However, the aggregated coverage (Sum Assured) should not exceed RM 500,000 per life.
Your coverage will last for 10/20/30 years depending on the coverage term you have chosen, but subject to the expiry age of 70 years old next birthday.
We will not make any payment for death benefit and shall refund all your total premiums paid if you die as a result of suicide within 1 year from your policy’s effective date or reinstatement date, whichever is later.
There are many links on the internet describing and explaining life insurance. A good place to start is the website www.insuranceinfo.com.my. If you are looking for help to calculate your life insurance needs, we have a life insurance calculator on our website under the tab 'Financial Budget Calculator' to further assist you.
Yes. However, you are only allowed to reduce your sum assured and it will only take effect on your next premium due. You may complete the Request For Alteration Form in order to alter the policy coverage and submit to:
If, for any reason, you are not satisfied with your purchase, you can submit cancellation letter to Tokio Marine Life within 15 days from the date of delivery of your e-policy contract to get a full refund of the premium you have paid. If, however, you cancel your policy after 15 days, you will not get a refund, but you will also not incur any penalty charges. Your coverage will simply continue until the end of the period that you have paid for. For cancellation, you may contact our customer care service via:
Yes, TokioMarine-TermDefender is eligible for income tax relief subject to the approval of Inland Revenue Board.
We provide grace period of 30 days for premium payment. If any premium due remains unpaid after the grace period, the coverage will lapse.
You may still be able to reinstate your policy provided that:
The Claimant may submit the claim form directly to the nearest Tokio Marine Life branches or through online claim on customer portal (e-Claims). Proof of claim must be accepted and approved by Tokio Marine Life to facilitate the policy’s benefit directly to the appropriate party.No medical check-up is required. However, when applying for your policy, you must answer all the questions on our website truthfully. Otherwise, if you have a claim on the policy in the future, Tokio Marine Life Insurance Malaysia Bhd. reserves the right to reject the claim if you have not been truthful.
A Muslim nominee(s) can only receive policy moneys payable upon the death of the policy owner as an executor and not as a beneficiary. Any payment to the nominee shall form part of the deceased policy owner’s estate and be subject to his debts. Tokio Marine Life will be discharged from liability in respect of the policy moneys paid to a nominee. Upon receipt of the policy moneys, the Muslim nominee(s) shall distribute the policy moneys in accordance with Islamic law.
You may visit our website for an introductory guide on the importance of nomination at here.
For the claimant’s convenience, we highly recommend that you make a nomination as this will ease the process of the claims payment.
You can name your nominee when you apply for this plan. If you do not nominate during the application process, you can still do so by following these few simple steps:
Tokio Marine Life Insurance Malaysia Bhd.
Ground Floor, Menara Tokio Marine Life,
189, Jalan Tun Razak, 50400, Kuala Lumpur
Kindly note that electronic submission of the Nomination and Trust Form will not be accepted.
TokioMarine-MedicDefender is a non-participating hospitalisation income plan that provides daily income upon confinement to government hospital as below:
| Schedule of Benefits | Plan 1 | Plan 2 |
| Daily Hospitalisation Income Benefit (Payable only upon hospitalisation confinement of at least 24 hour) | ||
| Normal Ward (Maximum 45 days per Policy Year) | RM 80/day | RM 180/day |
| Intensive Care Unit (Maximum 30 days per Policy Year) | RM 160/day | RM 360/day |
| Overseas Hospitalization (Maximum 15 days per Policy Year) | RM 240/day | RM 540/day |
| Ambulance Fee Reimbursement | RM 200/day | RM 400/day |
| Overseas Repatriation Benefit (reimbursement basis) | Up to RM 10,000 | Up to RM 20,000 |
This depends on the term plan you purchase:
Yes. If you are a Malaysian citizen with an NRIC and a Malaysian address, and if you reside outside of Malaysia in certain countries (New Zealand, Australia, USA, Canada, UK, Ireland, Brunei or Singapore), you are eligible to buy this product.
We want to keep it simple and convenient for you. You are not required to undergo any medical examinations or health checks. All you need to do is truthfully answer some health and lifestyle questions on our website. However, in the event of non-disclosure during claim stage, We reserve the right to avoid the policy, reject or reduce a claim and/or change or vary the terms after system validation at TMLM.
Yes, you can assign the ownership of this Policy to someone else. Once you have a policy, changing the ownership is simple. You and the new owner would need to simply complete an ‘Deed of Assignment’ Form, which can be downloaded from here and submit to our customer service via any of our branches
Kindly note that electronic submission of the Deed of Assignment will not be accepted.
We cover you worldwide. All you need to take note of is that your premium should continue to be paid in Malaysian Ringgit (RM). You can choose to pay through a Malaysian bank account or by credit card.
TokioMarine-MedicDefender is suitable if you want:
This product is not suitable if you are looking for:
This plan does not provide any cash value nor maturity value.
Life Assured is only allowed to have one policy at one time. Should the Policy lapse/surrender/terminated, he/she can purchase again but will need to go through underwriting again.
Your coverage will last for 10/20/30 years depending on the coverage term you have chosen, but subject to the expiry age of 70 years old next birthday.
We will not make any payment for death benefit and shall refund all your total premiums paid if you die as a result of suicide within 1 year from your policy’s effective date or reinstatement date, whichever is later.
There are many links on the internet describing and explaining life insurance. A good place to start is the website www.insuranceinfo.com.my.
If you are looking for help to calculate your life insurance needs, we have a life insurance calculator on our website under the tab ‘Financial Budget Calculator’ to further assist you.
Yes. However, you are only allowed to reduce your sum assured and it will only take effect on your next premium due. You may complete the Request For Alteration Form in order to alter the policy coverage and submit to:
If, for any reason, you are not satisfied with your purchase, you can submit cancellation letter to Tokio Marine Life within 15 days from the date of delivery of your e-policy contract to get a full refund of the premium you have paid.
If, however, you cancel your policy after 15 days, you will not get a refund, but you will also not incur any penalty charges. Your coverage will simply continue until the end of the period that you have paid for.
For cancellation, you may contact our customer care service via:
Yes, TokioMarine-MedicDefender is eligible for income tax relief subject to the approval of Inland Revenue Board.
We provide grace period of 30 days for premium payment.<br><br> If any premium due remains unpaid after the grace period, the coverage will lapse.
You may still be able to reinstate your policy provided that:
Your application for reinstatement shall be approved subject to our underwriting requirements and upon such variations as we may decide.
The Claimant may submit the claim form directly to the nearest Tokio Marine Life branches or through online claim on customer portal (e-Claims). Proof of claim must be accepted and approved by Tokio Marine Life to facilitate the policy’s benefit directly to the appropriate party.
A Muslim nominee(s) can only receive policy moneys payable upon the death of the policy owner as an executor and not as a beneficiary. Any payment to the nominee shall form part of the deceased policy owner’s estate and be subject to his debts. Tokio Marine Life will be discharged from liability in respect of the policy moneys paid to a nominee. Upon receipt of the policy moneys, the Muslim nominee(s) shall distribute the policy moneys in accordance with Islamic law.
You may feel free to contact us via: