‘Sun Life Malaysia sees legacy planning as a holistic approach to creating a definitive plan for managing your wealth while alive, Lew says.
However, the respondents also expressed that the pandemic and health risks are their key concerns in building business resilience and the importance of ensuring adequate protection for their key people. “This same purpose drives our efforts to assist local businesses build business resilience by leveraging on business protection insurance as well as keyman insurance to protect their valuable people assets for business continuity and to safeguard the legacy of their business,” Lew explains.
Legacy planning for continuityWhile many businesses have shown resilience and are ready to take the next step forward, the pandemic has shed light on the urgency of legacy planning - specifically wealth distribution, building net worth, and protecting the sustainability of their business. To this end, the Company has introduced various legacy planning solutions, including Takaful Mulia, Sun Legacy-I, Sun Prestige Life, and the newly launched Sun Secure Saver-I, to help businesses tap the wider benefits of Takaful in building future resilience.
Sun Legacy-I encourages business owners to chart their legacy plan from early stages by following the simple yet effective three-pronged approach - plan, build and distribute wealth.
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