Enter your keyword

Services

Wealth Accumulation

  • portfolio

DESCRIPTION

If wealth protection is the first step towards achieving your financial goals, then the next step would be wealth accumulation. When establishing a budget, make sure to allocate a portion for savings and investment.

But with so many saving and investment vehicles, which should you choose? After all, the earlier you start saving and investing, the earlier you start on wealth accumulation right? This is true and at GE Lifesavers we do recommend starting as early as possible. However, we also suggest you take time to properly figure out what your financial goals are, as this plays a central role in determining what sort of saving or investment vehicle would be suitable for you.

With properly thought-out goals in place, you can rest easy that the plans we recommend to you will help you achieve these goals.

To save, invest and accumulate – that is the GE Lifesavers way. And we want to make sure that should we travel on this path together, you get the proper guidance required.

Let’s take a look at the different aspects of wealth accumulation:

KEY ASPECTS OF WEALTH ACCUMULATION

You know that saving for retirement is important, but is your current savings on track for this? If you’re like most Malaysians, competing priorities—such as paying off debt or funding your children’s education —make it challenging to prioritize saving for retirement. The average Malaysian starts planning for retirement at the age of 39.

Whilst it’s never too early or too late to start saving for retirement, you do want to start planning and saving as soon as possible. Starting early allows you to accumulate as much as you can, as soon as you can, so it pays to take some time to think about your retirement. The other benefit of properly planning and starting early is that the longer duration of saving and investment will lessen the impact of market lows whilst boosting the profits from market highs.

Besides competing priorities, the other stumbling block towards an early start in saving and investing for retirement is the common perception that you need a large sum of money to do so. This isn’t true at all; investing smaller fixed amounts of money over a longer period of time such as a pre-set amount from each pay check will do just as well. In fact, saving a smaller sum regularly actually reduces the risk of loss that you would have to potentially bear with a large one-time investment.

To ensure you’re making the most out of the money you’re saving and investing for retirement, use the following steps:-

i) Determine how much you will need. 

ii) Look first on protection for your current assets (such as your current income). 

iii) Once you know you’ve got your current assets covered, evaluate your risk appetite and look for savings and investment vehicles which will grow your current assets and yet correspond to your risk appetite.

iv) Be diligent about getting up-to-date on saving and investing strategies available to boost the growth of your nest egg.

Click Here To Download The Complete Information

Client Testimonial:

Today, I feel more secure with my retirement plan and I'm happy to say that my agent is not just an adviser but a good friend who I trust and admire as well...Read more

Abigail Miguel Yao - Digital content & Engagement Commercial Exec from AirAsia

Farrandy

I have known Jennifer (Chai Chin) for over 3 years and have found her to be very reliable, responsive, and very knowledgeable in her work. I had approached her with my retirement planning concerns and she returned with explanation complete with charts and statistics.Read more

Farrandy Iskandar - Advocates & Solicotors, Farrandy & Co.

We talked about risk in the earlier section and we’re mentioning it again here. This is because risk is inherent in any investment vehicle and is thus an important aspect in wealth accumulation. You need to know how to manage the risk that comes with any investment vehicle. Good risk management as well as sound investment strategies allow you to maximize investment returns regardless of economic conditions. This is why it’s important to engage professional financial advisors who know what they’re doing to help you out.

To help you begin though, let’s take a look at some of the plans that are, unlike conventional investment funds, relatively insulated from economic downturns and will secure you optional income for when you need it. Remember that diversification is a good strategy in protecting as well as accumulating your wealth so don’t just think big risk, big returns when you hear wealth accumulation being mentioned. Instead, consider these low risk but secure plans as a start:

  • Regular pay endowment
  • Limited pay endowment
  • Whole life plans

Click Here To Download The Complete Information

As much as you love your children, you’ll want to give them the best education that you can afford in order to ensure that they have a head start in a highly competitive world. Education these days however, can be very expensive so you’ll need to be financially-savvy in accumulating as much wealth as you can for this purpose. Doing this will ensure that your children get the best in education whilst you, as well as the rest of your family, still maintain a comfortable lifestyle and are ready to face emergencies if need be. Take a look at these steps to boost your current wealth for your children’s education:

(i) Understand and establish your current financial standing.

(ii) Estimate the total cost of your children’s education.

(iii) Calculate the shortfall between what your current assets will bring you and what your children’s education will cost.

(iv) Diversify your investment portfolio

(v) Protect your investment portfolio

As a start, we’ll take a look at some of the plans that you can get on to secure a sizable fund for your children’s education:

  • Investment-linked plans

Such plans are ideal for parents who prefer a strategy that strikes a balance between protection and investment. Investment-linked plans offer flexibility in terms of how much of your premiums you’d like to allocate to protection (insurance) and how much to investment. Another thing that’s great about investment-linked plans is the fact that it allows you to start small and then progress accordingly to your budget.

  • Limited pay endowment

Typically, under this sort of plan, you complete payment within a limited fixed period (usually periods are 5, 10 or 15 years) and then just sit back whilst your money continues to earn returns. Guaranteed income can be generated from as early as the first year of the policy.

Click Here To Download The Complete Information

Client Testimonial:

I know I can trust Jennifer because whenever she came to see me about insurance, I never felt pressured into purchasing an insurance policy. She always takes the extra effort to explain about any queries ...

Johnny Tan - Director

Lee yune yee

My experience with Jennifer has always been positive. Although I do not qualify for certain protection due to health complications; I appreciated that she did everything necessary to help me and whenever there are new possibilities...

Lee Yune Yee - Owner (Writer), Kopi 4 Copy

Cynthia

The level of service and professionalism I’ve received from Jennifer is unparalleled. I’ve purchased several policies from her over the years and I have always felt confident that I was making a wise decision. She makes sure that you are making a well informed decision...

Cynthia - Pharmacist, BPFK

On the personal side, I found Jennifer to be friendly & helpful. Ever willing to listen in order t better understand her client's needs. She is also patient in walking a client through the various comparisons, terms & technicalities which can be very intimidating to someone not within the industry.

Michael Liew - Brand General Manager

Catherine Yap

We really need reliable and efficient service from our insurance agent in times of crisis. The professional services by Aaron give me great confidence in Great Eastern, a true insurance provider that delivers its promises... Read more

Catherine Yap - Homemaker

Dr Dinesh Kumar

Her strength is her patience and her ability to explain the details. No matter what time of the day we call her, she is up there with a positive approach. She can explain things with such detail and has the ability to gauge her client in whatever situation he or she is in...

Dr. Dinesh Kumar Chellappan - Lecturer at IMU

Aaron Fernandez

What I appreciate about her is that she is able to see the bigger picture i.e. the client’s insurance and financial wants and needs and reconcile this with what products GE offers to result in exactly what the client needs according to their financial requirements and commitments-no more or less.

Dr. Aaron Frenandez - Psychiatrist & Lecturer, UPM

Not only was the review service effective in organizing my insurance portfolios and addressing my needs precisely, it was also done in professional and friendly manner.

Lee Chai Hoon - Researcher - TNB Researcher Sdn Bhd

...Through his explanations, I was then aware certain policies may be better structured, at the same premium outlay, to ensure my family and myself receive the most optimal coverage benefits. The professionalism, patience to explain and ensuring my best interest was taken care of provided me the confidence...

Steven Chin - General Manager - BioLife Marketing

I was struck with a critical illness in 2012 and THE most crucial lesson I learned was that having a good insurance agent is as important as having good insurance policy. Jennifer helped me file my claims despite being heavily pregnant that time.

Dr. Lim - Lecturer

Chiristopher Ong

This is what I like about an insurance agent, listen to your needs, evaluate, and recommend accordingly, most importantly is not being pushy and try too hard to seal the deal.

Christopher Ong - -

He has been a great person with great integrity and I admire his work ethic. He is very trustworthy and provides excellent service. He made the process of dealing with insurance easy and painless.

Joyce Jemima

Abreeza

Three years and still counting being in insurance industry, I dare to say that I’m a better person today. Not just a person to myself, but as an agent, wife and mother to my kids. So why not you?Read more

Abreeza Zulkifli - GE Lifesavers Agent

Benny Mun

I manage to pursue my intended life expectations as this industry allows me the flexibility to plan and prioritize my schedule. This industry also offers me the opportunity to meet diverse groups of people of which some have become very good and close friends...Read more

Benny Mun - GE Lifesavers Agent

I believed the key to be successful is having the Passion in the things that we do and right now for me the passion to help as many lives that i can is the motivation of my life.Read more

Gary Tan - GE Lifesavers Agent

John huo

Needless to say being a full time agent now has been very liberating, more for the fact that I know as long as I keep to my values, and am passionate about what I do, I can secure a better future for my family and my clients.Read more

John - GE Lifesavers Agent

malini

During my training at GE Lifesavers I was amazed at the thinking and processes that the Agency has when it comes to planning for one’s financial portfolio...Read more

Saiful Bahrin

The agency has superb agents and staff with positive work attitude and culture to make me feel right at home...Read more

Saiful Bahrin Harris - GE Lifesavers Agent

florence

Their prompt service for clearing the admission, discharge and claims are to be praised. The medical policy we engaged has been a great help in paying the bill...Read more

Florence Lee - Lecturer, Kolej Universiti Insaniah

I would recommend Aaron and Esther anytime to anyone who is interested in taking up a policy. Driven by compassion and professionalism, they will no doubt give their best, always...Read more

Anne Pereira - Lecturer

kularaj

My wife and I have known Aaron for more than 7 years and in him we found a person who is passionate about his profession and had all the attributes of a truly excellent agent / consultant...Read more

Kularaj - Business Owner

screen-shot-2016-10-28-at-11-08-11-pm

The level of service and professionalism both my husband and I have received from Aaron Gajaindaren throughout these 10 years is unparalleled.Read more

Mrs. Sharen Kaur Mand - Academic Manager

Whenever I need an advice he is just there to assist. Mr Adli even willing to go extra mile to get things done for his clients and protect their interest. Highly recommended.Read more

Nazmi Nam

Through it all Benny was responsive and conscientious to find answers and solutions. I had no hesitation in introducing him to my family and friends for them to take stock of their insurance cover as well...Read more

Ann Gunapalan - Counselor, Kins and Kids

We are completely satisfied with the processing of the application and how Mr. Benny Mun had personally facilitated and keeping us informed throughout the process...Read more

Ho Wei Keong

He managed to convince us in a rather friendly and informal tone instead of the hard sell of the need for the coverage and proposed a programme which fit in well with our financial situation. .. Read more

Yogaretnam - Managing Consultant, FRM Enterprise

Throughout the entire process, Christina was professional, conscientious, and motivated with an impossibly high work ethics, and the ability to meet every need...Read more

Fabian Nesan - Marketing Manager

Thank you Great Eastern Life insurance, especially to my agent and beloved sister Christina Lee, who has helped me with all the paper work n moral support!Read more

Jenny Wong - Homemaker

I am so convinced that insurance is the best way to prepare for unexpected circumstances such as mine. Having a helpful and reliable insurance agent like Christina further eased the whole claim process smoothly.Read more

Tammy Cornwell - Customer Service Representative

I truly appreciate his experience and expertise when it comes to finding the best solutions that will meet my needs and at the same time save more money...Read more

Betty Liew - HR Executive

I have known Chu Yaw for about a year plus. He was introduced to me by a very good friend of mine. He has been a great person with great integrity and I admire his work ethic. He is very trustworthy and provides excellent service. He made the process of dealing with insurance easy and painless...Read more

Joyce Jemimah - Teacher

He is patient and detailed in explaining policy details. Always tries to understand client's needs and situation. Matters are handled promptly all the time... Read more

Rachel Tan - Art Director

He did a detailed review of all my existing policies when I first met him in. He will even go to great lengths to furnish me with simple information related to insurance and financial planning matters...Read more

S.K. Wong - Architect

jasmine-cheah-photo

It has been a year since I let Gary handle my insurance needs and he will keep me updated on any latest development on my policy and also on GE’s new products. There is no doubt to recommend Gary to anyone of you out there that in search of a good and dedicated insurance agent because he is worth it...Read more

Jasmine Cheah - Product Manager, Axalta Coating Systems

lim-cheng-hoe-photo

I was being referred to Gary through one of my colleague. She mentioned how Gary has done a superb job in reviewing her policy and it was about time I feel there is a need to review mine.Gary explained the full length of insurance planning and from there I know my future protection is in good hands.Read more

Lim Cheng Hoe - Senior Chemist, Becker's Industrial

shyuan-photo

The bitter reality of insurance nowadays is that it's tough to find one that suits you. Gary however is one of the gems of this industry as he really listened and gave me a plan exactly to my needs.Read more

Shyuan - Asst. Marketing Manager, Rohto-Mentholatum

Overall, I found Malini to be clear on “what I get for what I want” which is perfect for insurance seekers with a budget or a specific requirement...Read more

Navin Kanthan

Malini did a great job in explaining, educating, creating positive awareness and gave me a positive outlook at Insurance and its importance to have a really good coverage. I’m glad now I know how easy it is to tailor make a solution for me.Read more

Ishani Syril - Owner / Founder , The Bliss Cupcakes

Looking after your personal needs becomes a real challenge. This is where Joshua made a clear difference. His diligence, professionalism and down-to-earth nature is a pleasure to work with...Read more

Dennis Thomas Joseph - Director at Global Banking and Markets, HSBC.

Beyond Joshua's extensive knowledge of insurance, savings and other financial topics, it was his patience, friendly approach, and will to teach and impart knowledge that made me choose him as an agent over others I've met.Read more

Ferhan Faidzan - Creative Director at TBWA Malaysia

Today I have two plans, one comprehensive life protection plan and another which is special Cancer Plan. so far, and am always open to Joshua's advice and recommendation as I believe he has the best of intentions and holds my best interest at heart...Read more

Kathleen Marie Fernandez - Project Manager & Trainer at Enfiniti Academy

Joshua will try his best to keep you updated by constant updates and Josh never fails to advise promptly whenever I have any questions or queries regarding insurance plans.Read more

Lee Wee Ming - Communications Manager at Hong Leong

That night itself I signed up for my first plan, and over the years, Joshua was able to help me plan the best coverage as my needs evolved...Read more

Reza Rosli - Technical Director at Arc Worldwide

I would highly recommend John Huo who made it all easy ; he is always eager to share his knowledge, dedicated and have a passion for this industry...Read more

Arif

patrick-ng-photo

John is really proactive, not just reactive. He is incredibly responsive when we need help or have questions. He has provided us with really personalized, high-touch service.Read more

Patrick Ng

For years, I had been looking for a truly professional insurance agent who could give professional advice on medical and income protection that I need in times of crisis. I am pleased to have John Huo, a truly professional insurance agent to provide me a great service and financial advice.Read more

Peter Cheu

Today, I feel more secure with my retirement plan and I'm happy to say that my agent is not just an adviser but a good friend who I trust and admire as well...Read more

Abigail Miguel Yao - Digital content & Engagement Commercial Exec from AirAsia

Farrandy

I have known Jennifer (Chai Chin) for over 3 years and have found her to be very reliable, responsive, and very knowledgeable in her work. I had approached her with my retirement planning concerns and she returned with explanation complete with charts and statistics.Read more

Farrandy Iskandar - Advocates & Solicotors, Farrandy & Co.

Loh Yi Chuin

... we may have only known Jen for less than 2 years but she has gained our trust by providing us with a wholistic understanding of our insurance coverage.Read more

Loh Yi Chuin - Account Manager

Dr Mai Chun Wai

I place my trust in Jennifer because of her sincerity and passion for the job. She has been very pro-active in handling my enquiries. She is committed to serve all her clients at the best interest of the clients... Read more

Dr Mai Chun Wai - Lecturer at IMU

Having made an insurance claim with Jennifer, I found her very efficient in handling the claim and going through all the processes patiently to make my experience with her and her company a breeze... Read more

Dr Rahail Sivalingam - Dentist

Joshua puts in a lot of time and careful planning to make sure that I am well-taken care of at every stage of my life, and the main reason that I trust Joshua is because he really cares about other people, and always wants the best for them. Read more

Fey Ilyas - Chief Executive Officer of Wire

With life being so unpredictable, a smart move is to ensure that you have the funds for rainy days such as sudden illness, disability, death or the necessity for long-term care for a family member. By getting prepared for such days, you’re ensuring that you don’t use high interest methods like credit cards, or that you don’t eat into your retirement or children’s education fund should these rainy days arrive. The general rule of thumb when it comes to emergency funds is to have at least six month’s worth of living expenses set aside somewhere. And while you can save the old-fashioned way for this fund, it might take you quite a bit of time to reach your target. As an alternative, take a look at these options to help you get there faster:

  • Investment-linked plans  

Such plans are ideal for those who prefer a strategy that strikes a balance between protection and investment. Investment-linked plans offer flexibility in terms of how much of your premiums you’d like to allocate to protection (insurance) and how much to investment.

  • Limited pay endowment

Typically, under this sort of plan, you complete payment within a limited fixed period (usually periods are 5, 10 or 15 years) and then just sit back whilst your money continues to earn returns. A limited pay endowment is ideal for those who want to build up their emergency fund within a certain period (during which resources are available) in preparation for future rainy days.

  • Whole life plans  

The policy typically accumulates cash value that can be utilized for payments during these emergencies. In addition, annual cash bonuses are usually declared but these are always subject to company performance.

Click Here To Download The Complete Information

Client Testimonials:

Today I have two plans, one comprehensive life protection plan and another which is special Cancer Plan. so far, and am always open to Joshua's advice and recommendation as I believe he has the best of intentions and holds my best interest at heart...Read more

Kathleen Marie Fernandez - Project Manager & Trainer at Enfiniti Academy

It’s a common perception that wealth accumulation involves complicated maneuvers as well as a large chunk of money. While this is not true, the myriad of options available can be intimidating to some. Here at GE Lifesavers, we aim to help, not only in designing a financial plan for you, but also in ensuring that you understand exactly each and every step taken towards your financial goals. So do contact us; our financial advisors are waiting to hear from you.

Click Here For A Free 1-On-1 Consultation Today!

TALK TO OUR ADVISOR

TESTIMONIALS

I would recommend Aaron and Esther anytime to anyone who is interested in taking up a policy. Driven by compassion and professionalism, they will no doubt give their best, always...Read more

Anne Pereira - Lecturer

screen-shot-2016-10-28-at-11-08-11-pm

The level of service and professionalism both my husband and I have received from Aaron Gajaindaren throughout these 10 years is unparalleled.Read more

Mrs. Sharen Kaur Mand - Academic Manager

Throughout the entire process, Christina was professional, conscientious, and motivated with an impossibly high work ethics, and the ability to meet every need...Read more

Fabian Nesan - Marketing Manager

I would highly recommend John Huo who made it all easy ; he is always eager to share his knowledge, dedicated and have a passion for this industry...Read more

Arif

patrick-ng-photo

John is really proactive, not just reactive. He is incredibly responsive when we need help or have questions. He has provided us with really personalized, high-touch service.Read more

Patrick Ng

GREAT EASTERN LIFE CORPORATE VIDEO