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Investments and Insurances

 

 

Investments and Insurances FAQ

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Gold

You can purchase Gold Bullion Coin or Wafer at our selected branches.

  • UOB KL Main Branch
    Kuala Lumpur Main

    Ground Floor, UOB Plaza 1,

    7 Jalan Raja Laut,

    50350 Kuala Lumpur

    Tel.: (6) 03-2692 4511

    Fax: (6) 03-2698 8189
     
  • UOB Lebuh Bishop Branch
    64E-H, Lebuh Bishop,

    Lebuh Bishop

    10200 Penang

    Tel.: (6) 04-686 1488

    Fax: (6) 04-261 0868

  • UOB Kuching Branch
    UOB Tower CT160, Level 1,

    Block C, iCom Square,

    Jalan Pending,

    93450 Kuching, Sarawak

    Tel.: (6) 082-475 151

    Fax: (6) 082-527 752

You can sell your Gold Bullion Coin or Wafer at our selected branches.

  • UOB KL Main Branch
    Kuala Lumpur Main

    Ground Floor, UOB Plaza 1,

    7 Jalan Raja Laut,

    50350 Kuala Lumpur

    Tel.: (6) 03-2692 4511

    Fax: (6) 03-2698 8189
     

The purchase or sale of gold coin can be performed at UOB Malaysia’s selected branches. You may inform your Relationship Manager or Client Advisor to make an appointment with related branches to perform this transaction.  

You can view the updated Gold Bullion prices at https://www.uob.com.my/online-rates/gold-bullion-prices.page

Yes, customer is required to maintain a current or savings account to purchase or sell Gold Bullion Coin or Wafer. 

No, transaction and collection of the Gold Bullion Coin or Wafer must be done at the same time. You are required to go to UOB Malaysia’s selected branches to buy and collect the Gold Bullion Coin or Wafer on the spot.

You are required to bring the original confirmation of sale receipt and also the physical Gold Bullion Coin or Wafer. The Gold Bullion Coin or Wafer’s protective seal (if any) must not be opened, broken or tampered.

 

For further info, please refer to the Terms and Conditions in the Gold Bullion Coins and Wafers – Purchase and Sale Form.

We will accept any original Confirmation of Sale or Purchase Receipt issued by any other UOB Malaysia branches at selected UOB Malaysia branches.

There is no limit set for customer to sell Gold Bullion Coin or wafer.

You are required to sell your Gold Bullion Coin or Wafer in person at our selected Branches. We are unable to accept any request to sell the Gold Coin or Wafer via courier.

In the process to sell the Gold Coin, the Bank will not accept any request from a representative of the owner of the Gold Coin. The Gold Bullion Coin or Wafer must be sold by the owner of the Gold Coin or Wafer.

Yes, you can give the Gold to the Third Party as a gift.

The Third Party may sell the Gold Coin or Wafer which was received as a gift from Purchaser.

 

For further info, please refer to the Terms and Conditions in the Gold Bullion Coins and Wafers – Purchase and Sale Form.

You may contact our Contact Centre at 03- 26128121.

UOB BizCare

BizCare is a comprehensive business insurance package and does not offer standalone insurance coverage. BizCare covers up to 9 business risks including public liability, accidental loss, burglary or damage of your goods and property.

BizCare is highly recommended as it provides comprehensive insurance protection for your business. It offers public liability coverage, financial security and peace of mind in the face of unforeseen events and potential liabilities.

BizCare offers up to 9 business protection including loss or damage due to fire, public liability, employer liability, business interruption, accidental risk, burglary, loss of money, damage of plate glass and terrorism insurance.

UOB offers all kind of business protection you need, including fire insurance, commercial vehicle, personal accident, all risk insurance, marine, engineering, equipment, public liability, fidelity guarantee and many more.

All BizCare application via online will get instant approval!

You may contact us here or write to us via businessbanking.servicecentre@uob.com.my

Business/Life Insurance

It safeguards your business against any loss of key personnel. The compensation issued can help to ensure business continuity and sustainability.

A Business Loan Protection protects the life insured's personal estate3 and business partners from any credit obligations in the events of an unexpected loss.

Specifically, the payout could help to repay the outstanding loan4, either in part or in full depending on the sum assured. It could also potentially protect the life insured's personal estate that was pledged as collateral for the outstanding loan.

The sum of compensation stated in the insurance policy contract will be issued by PAMB & PBTB.

An early termination could potentially involve paying high costs and any surrender value payable (if applicable).

UOB BizPac

It safeguards your business against any loss1 of key personnel. The compensation issued can help to ensure business continuity and sustainability.

It does not matter. This plan pays upon Accidental Death and Disability, and other related benefit such as Hospital Income. However if your hospitalisation was due to High Blood Pressure, then we will not pay out your claim on Hospital Income due to Illness, as this is a pre-existing condition.

Anyone between the age of 18 and 65 years old can enroll for this plan. The policy can be renewed up to age 75 years old: i.e. the policy will terminate when the insured attains 76 years of age. However, anyone with physical disablement is not allowed to purchase the plan.

No, the premium is fixed. It will not be increased as you grow older.

Pre-existing illness shall mean disabilities that the Insured Person has reasonable knowledge of. An Insured Person may be considered to have reasonable knowledge of a pre-existing condition where the condition is one for which:-

  1. The Insured Person had received or is receiving treatment; 
  2. Medical advice, diagnosis, care or treatment has been recommended; 
  3. Clear and distinct symptoms are or were evident; or 
  4. Its existence would have been apparent to a reasonable person in the circumstances.

Yes, please inform Liberty at 03-2619 9000 or toll free number 1-300-888-990

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