High Net Worth Wealth Planning

If you’re thinking about the best ways to pass on your wealth to the next generation, universal life insurance can be a key part of your wealth preservation plan.


With a universal life policy, policyholders have the opportunity to adjust premiums and death benefits throughout the life of the policy. When considering how to protect your legacy in the most efficient way, universal life insurance has many benefits.


Universal life insurance can help you with:

  • Liquidity planning
  • Asset protection
  • Estate equalisation
  • Debt protection  
  • Equalisation of the family business or estate.

Other benefits

  • It can be collateralised for a loan with most banks.
  • Low-risk asset class.
How does universal life insurance work?

There are two elements to the premium:

Cost of insurance

As it sounds, the cost of insurance is the cost of keeping the policy active. In this case, that means the premium payments directly associated with the risk (in this case, your mortality) and policy administration.

This element is the minimum you can pay to keep the policy alive.

The cost of insurance is calculated in line with the insured’s age, which means, over time, it will naturally rise.

Cash value

As you can dial up or dial down your premiums, many clients choose to pay more in premiums while they are younger, in order to reduce payments later in life.

This approach leans into the insurance company’s core competence as an investment house. You are effectively saving with them in a low risk investment in order to cover a growing liability – the cost of life insurance in older age*.

As with all investment products, capital is at risk.  

Other premium options

  • Single lump-sum premium
  • Fixed scheduled premiums

Your choice here depends on your individual circumstances and what you need to achieve. Your Howden broker will be able to offer tailored advice. Let’s talk.

    Many of our clients are

    • Property developers
    • Businessmen
    • Lawyers
    • Doctors
    Who provides the cover?

    Howden arranges universal life cover through our sister broker IPG, who have been at the forefront of this asset class last 40 years.

    We only work with trusted, stable A+ rated insurers to ensure your wealth is in a safe place.

    International Planning Group

    IPG handles 40% of the market for universal life insurance and wealth transfer planning in Malaysia, and is respected for their in-depth risk, tax and legal knowledge in 70 countries all over the world. Partnering with private banks, brokers, family offices, independent financial advisors, law firms and tax professionals around the globe, IPG to assist business leaders and successful professionals in developing efficient wealth planning strategies. 

     

    Also available as Takaful

    All of our risk management solutions are available as Sharia'h compliant Takaful. Speak to our specialist Takaful consultants today.

    Get in touch

    A beautiful mosque

    We're always here to help

    Let's talk...

    +603 9213 0606 

    We'll put you in touch with the person best equipped to help.

    Call us on +603 9213 0606 or drop us a quick message and we'll get back to you asap

    Visit us at: Level 27, Menara Etiqa No. 3 Jalan Bangsar Utama 1, 59000 Kuala Lumpur