Tokio Marine Life Insurance Malaysia Bhd’s newly launched endowment policy, TokioMarine-XtraCash, guarantees customers cash payment of up to 125 percent of the total sum assured.

The policy also offers an assurance that future savings would not be compromised as it guaranteed maturity value of up to 140 percent of sum assured, the company said.

TokioMarine-XtraCash offered short-term commitments of up to 15 years while guaranteed cash payment and protection for up to 30 years.