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Overview
Group EssentialLife (SP) is a single premium non-participating group term life insurance plan that offers insurance protection benefit, suitable for those as a business owner or corporate personnel to ensure business continuity no matters what happens to them.
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If the insured member suffers total and permanent disability before age 70, a full payout will be made.
Basic Sum Assured shall be payable in the event of death of the Insured Member during the certificate term.
Basic Sum Assured shall be payable upon Insured Member suffering from TPD prior to the Certificate Anniversary of age 70 or expiry of certificate, whichever is earlier.
This optional rider pays 100% of total single premium paid at the end of the certificate term provided that no claim for Basic Benefits has been paid during the certificate term.
| Adult | |
|---|---|
| Entry Age | 18 - 65 |
Note: Any age reference shall be on the basis of Age Next Birthday (ANB).
Premium payment period
Single premium: Premium Financing or Self-Financed
| Minimum | RM 100,000 |
|---|---|
| Maximum | Subject to underwriting |
| Minimum | 5 years |
|---|---|
| Maximum | 35 years or up to age 70, whichever is earlier. |
Underwritten by:

The above plans are underwritten by Prudential Assurance Malaysia Berhad 198301012262 (107655-U) and distributed by United Overseas Bank (Malaysia) Bhd 199301017069 (271809-K). All claims and liabilities arising from the policies should be made with the company.
Prudential Assurance Malaysia Berhad is a licensed insurance company and is regulated by Bank Negara Malaysia. Prudential Assurance Malaysia Berhad is responsible for the products and benefits offered by them, as well as any representation made in any of their marketing materials including United Overseas Bank (Malaysia) Bhd’s marketing material for the products offered by Prudential Assurance Malaysia Berhad.
This content contains only a brief description of the product and is not exhaustive. You are advised to visit any of our branches and to refer to Product Brochure, Product Disclosure Sheet, Product Illustration and Fund Fact Sheet(s) (if any) before purchasing a policy, and to refer to the terms and conditions in the policy contract for details of the features and benefits under the policy.
Buying life insurance policy is a long-term financial commitment. You should assess the affordability and suitability of the product (including supplementary benefits) that best suits your personal circumstances in relation to your financial goals and risk appetite. To achieve that, we recommend that you speak to your UOB Malaysia representative who will perform a needs analysis and assist you in making an informed decision.
The benefit(s) payable under eligible certificate/policy is(are) protected by Perbadanan Insurans Deposit Malaysia (“PIDM”) up to limits. Please refer to PIDM’s Takaful and Insurance Benefits Protection System (“TIPS”) Brochure or contact Prudential Assurance Malaysia Berhad or PIDM (visit www.pidm.gov.my).
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