Change of Goods and Services Tax (GST) Rate to 0% from 1 June 2018
In support of the Government's announcement to zero-rate the current 6% Goods and Services Tax (GST) from 1st June 2018 onwards, Manulife Malaysia is pleased to inform that the GST portion in applicable policies will be zerorised.
Affected policy holders will be notified with the new premium amounts via SMS. Please ensure that your contact details with us are up-to-date.
- For policies issued from 1 May to 31 May 2018, GST that has been charged will be refunded to our customers via Direct Credit (to Bank Account) for ordinary life policies OR unit adjustment for investment-link policies.
- For our customers who have Standing Instruction arrangements for your policies, do contact your respective Banks to update the amount to be credited to Manulife before the next premium is due, to avoid excess payment.
For more information, please contact our Customer Care Toll Free Line at 1-300-13-2323.