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U for Life
Malaysia
2013 (12 Years)
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Security Information
What are the differences in regulations for each
License
A Grade License
Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.
B Grade License
Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.
C Grade License
Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.
D Grade License
From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.
Company Information
Get to know U for Life
Company Information
Get to know U for Life
U for Life is an insurance technology company and a registered malaysian corporate agent of tokio marine life insurance bhd. With the vision of working towards a fully-insured malaysian population in mind, the idea for u for life was born. You no longer have to wait weeks for approval and deal with paperwork to obtain a life insurance product using their simple and instant online insurance distribution platform. Since launching back in september 2015, u for life is now malaysia's largest term life insurance provider online having insured over RM600 million to their customers all around the country.
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- Financial InsurancePRIMARY
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