Allianz malaysia: Allianz Malaysia Bhd has launched the Life Planner calculator on the MyAllianz platform, which is designed to help better understand financial readiness and protection needs in a simple and structured way.
According to BERNAMA News Agency, the investment holding company said the calculator provides an accessible entry point for individuals to assess their financial position without requiring any commitment or prior insurance relationship.
'The introduction of the Life Planner reflects a growing need for clearer financial awareness among Malaysians, particularly as many continue to navigate long-term priorities such as retirement planning and financial protection for dependents,' Allianz Malaysia said in a statement.
The calculator is capable of changing complex financial planning into a guided and personalised digital journey to build financial awareness, the statement said.
'Through an intuitive experience, it enables users to assess their financial position, uncover potential gaps and move forward with informed and confident decisions,' it said.
Allianz Malaysia chief executive officer Sean Wang said for 25 years, the company has been committed to securing Malaysians' future and supporting them through every chapter of life.
'Today, our role goes beyond protection - it is about empowering people with the clarity and confidence to navigate an increasingly complex financial landscape. The Life Planner is designed to make that first step easier. It helps people understand where they stand and what it means, and if they choose to, take action with confidence,' he said.
The Life Planner features two key tools, namely the Retirement Calculator and the Life Value Calculator. The Retirement Calculator helps users assess whether they are on track with their retirement goals and estimates potential savings gaps. The Life Value Calculator evaluates the financial impact on dependents in the event of income loss, helping users understand whether their current savings and protection levels are adequate.
Both tools provide a holistic view of financial readiness by factoring in Employees Provident Fund (EPF) savings, investments, and other assets to enable users to better understand their overall financial position in a structured and transparent way, Allianz said.
In conjunction with the launch, Allianz Malaysia also introduced the 'Allianz Plan and Win' campaign, which runs until June 7, 2026, to encourage broader engagement with the tool. Participants who register or log in on MyAllianz, complete either one of the calculators and meet campaign requirements, stand a chance to receive grand prizes including Dyson Airwrap Multi-Styler and Dryer, Sony Headphones WH-XM100M6, Dyson Digital Slim Submarine Vacuum products, and RM200 Touch 'n Go credits.