First-of-its-kind Triple Insurance Protection Scheme for homebuyers introduced by IJM Land.
BY VIKNESH ASHLEY CLARENCE
WHEN it comes to property purchases, homebuyers, especially first-timers are commonly faced with challenges.
Unexpected life events can take place, throwing obstacles that may disrupt ones’ future plans, aside from being constrained by present financial obligations when buying and paying for a property.
IJM Land has introduced a certain form of safety net to its property buyers.
When purchasing an IJM Land property product, homebuyers would be entitled to a first-of-its-kind (in Malaysia) three-in-one form of protection.
The developer’s HomeTIPS, or Triple Insurance Protection Scheme, will allow one to purchase a dwelling for ones’ family, offering a wholesome refuge to flourish, expand and thrive for several years ahead.
To provide buyers with peace of mind during property purchase, IJM Land has worked with Allianz Life Insurance Malaysia Bhd, as well as the Allianz General Insurance Company (Malaysia) Bhd, to guarantee three insurance arrangements.
These schemes would give peace of mind to all of its homebuyers for a 36-month period, from the date of signing the Sales and Purchase Agreement (SPA).
Some unique assurances of this insurance include a timely payout by Unemployment Insurance, in the case where IJM Land homebuyers are involuntarily terminated due to economic reasons from their employment with the policy term.
Eligibility for a Group Term Life Scheme and Personal Accident Scheme, where financial benefits are paid out in the unfortunate case of death or total permanent disability, is also offered to homebuyers of selected IJM Land properties.
IJM Land Managing Director Edward Chong explained, “At IJM Land, we believe in building not just homes, but relationships.
We want our homebuyers to be confident of the fact that should something unpleasant happen, IJM Land is able to help secure the roof over their heads with this unique insurance scheme underwritten by Allianz.
“The insurance benefits offer a range of financial payouts that can help mitigate unfortunate situations. It is our hope that IJM Land homebuyers can be at ease, knowing that we are investing in their financial future.
“Investing in a home is important, as many take it as a milestone in their lives. Therefore, we strongly believe that this exciting period in ones’ lifetime should be a pleasantly memorable one. As with making any major decision, it is assuring to be able to feel that you are protected right from the beginning.”
Allianz General Insurance Company (Malaysia) Bhd Head of Commercial Business John Yep said, “As the underwriter company, we truly appreciate the trust that is placed upon us by IJM Land to develop this attractive insurance policy.”
Yep said, “We are proud to be a part of this pioneering insurance scheme, where it is evident that IJM Land is a developer that holds the needs of its customers as a priority. Aside from becoming the owners of a premium property, buyers will be assured on their lives as well, from accidents and the uncertainty in their employment, via the HomeTIPS scheme.”
Homebuyers will be rewarded with this exclusive scheme upon purchasing one of IJM Land’s current community living-focused property products.
The township aforementioned is Bandar Rimbayu, stretching across 1,879 acres of land neighbouring Kota Kemuning in Shah Alam.
The iconic development encasing residential, commercial, recreational as well as parkland elements is the perfect setting for one to come home to, as well as to grow as an individual, family and ultimately as a communal.
This township currently offers three property offerings that are targeted to different homebuyer groups.
The latest launch within the township is Penduline double-story link homes that are presented in built-up sizes that range between 1,771 sq ft and 2,022 sq ft.
To those looking for more luxury as well as larger residences, buyers can opt for either The Periwinkle residences with a 10ft side garden or Wisteria gated-and-guarded double story link homes.
These homes are sized between 2,117-2,267 sq ft and 2,388-2,499 sq ft, and priced from RM996,800 and from RM936,800 respectively.
The IJM Land HomeTIPS is the first of its kind offered by a Malaysian property developer, to reaffirm IJM Land’s commitment to provide homebuyers with innovative financial schemes that will help enhance as well as nurture thriving communities.
To know more about the projects by IJM Land, visit the StarProperty.my Fair 2016 at Nu Sentral from today to Sunday (August 21) from 10am to 10pm.
Activities include free plants giveaway, CR8 Learning Centre robotic competition for kids and teens, free service vouchers as well as free popcorn by Servis Hero, while prizes worth more than RM10,000 await home purchasers.
Visit fair.starproperty.my for information.
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