PRUMy gift

  • prumy-giftprumy-gift

    Securing your legacy for your loved ones

Overview

The most precious gift you can give to your loved ones is protection from unforeseen events.

Your loved ones mean the world to you. You strive to always provide the best for them. Whether you want to ensure your loved ones receive the protection they deserve, or you wish to create a legacy which will be remembered, PRUMy Gift will help you achieve your goals.

Benefits

Protection that fits your needs

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Grow your wealth with potential returns

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Should the unexpected happen, PRUMy Gift ensures that your loved ones are taken care of. A lump sum benefit will be paid in the event of death prior to the expiry age or Total and Permanent Disability (TPD)1 to help your loved ones in times of need.

Further enhance your protection by attaching Premium Paying Riders:
PRUPayor Basic, PRUPayor Saver, PRUSpouse Payor Basic and/or PRUSpouse Payor Saver.

1Total and Permanent Disability (TPD) coverage is available prior to the Policy Anniversary of age 70 next birthday or expiry of the policy, whichever is earlier.

 

While providing the protection your family deserves, PRUMy Gift also rewards you with potential returns provided by the performance of our investment-linked funds at maturity.

 

No-Lapse Guarantee*

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Your time is our priority

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Rest assured that your legacy will remain intact no matter how the market performs. As long as all premiums are paid on time, your policy will not lapse regardless of market conditions.

*Subject to all premiums being paid up to date and within the grace period.

 

We understand that your time is precious. We make it our priority to underwrite your case - getting covered is now quicker and more convenient than ever.

 



Benefits Table

What is PRUMy Gift?
PRUMy Gift is a regular premium investment-linked insurance plan. This plan provides coverage in the event of death prior to expiry age or Total and Permanent Disability (TPD)1. The plan also provides Maturity Benefit.

Death / Total and Permanent Disability (TPD) Benefit In the event of death prior to the Policy Anniversary of chosen expiry age next birthday (80 or 100) or Total and Permanent Disability (TPD)1, we will pay the higher of:
  • The Basic Sum Assured; or
  • The value of units of Basic Unit Account (BUA)
plus the value of units of Investment Unit Account (IUA), if any.
Maturity Benefit At the end of the policy term, we will pay you the value of units in BUA and IUA of your policy (if any).
Premium Payment Term 5 years, 10 years, 20 years or throughout the entire policy term.

Note:
For limited premium payment period options, the minimum period between the policy term and premium payment period is 10 years.

Policy Term The policy will cover you until age next birthday of 80 or 100, depending on your choice, subject to a minimum policy term of 20 years.

Note:
1Total and Permanent Disability (TPD) coverage is available prior to the Policy Anniversary of age 70 next birthday or expiry of the policy, whichever is earlier.

 

Investment Opportunity

The premium direction for BUA premiums is pre-fixed. The allocated BUA premiums will be invested in PRULink Golden Equity Fund, PRULink Golden Bond Fund and PRULink Golden Managed Fund.

PRUMy Gift further offers you growth opportunities to diversify your fund(s) both locally and globally through our PRULink Fund(s), PRULink Global Fund(s) and/or PRULink Local and Global Fund(s) through PRUSaver Premium and Top-up Premium (if any) as the premium direction for these premiums depends on the fund(s) selected by you.

3 PRULink Funds (pre-fixed for BUA)

  • PRULink Golden Equity Fund aims to maximise returns over medium to long term, taking into account the need to meet guaranteed payouts. This is achieved by investing in high quality shares listed on the Bursa Malaysia and any other financial instruments to be used for hedging the portfolio.

  • PRULink Golden Bond Fund aims to provide medium to long term accumulation of capital, taking into account the need to meet guaranteed payouts. This is achieved by investing in selected fixed interest securities, corporate bonds and fixed deposits, and any other financial instruments to be used for hedging the portfolio.

  • PRULink Golden Managed Fund is an actively managed fund that seeks to maximise returns over medium to long term, taking into account the liquidity needs of the fund to meet withdrawals as well as the need to meet guaranteed payouts. This is achieved by investing in shares and fixed interest securities through PRULink Golden Equity Fund and PRULink Golden Bond Fund and in any other PRULink Golden Funds that may become available in the future as well as directly in selected fixed interest securities, corporate bonds and fixed deposits, and any other financial instruments to be used for hedging the portfolio.

8 PRULink Funds (for IUA)

  • PRULink Equity Income Fund aims to maximise returns over medium to long term. This is achieved by investing in a diversified portfolio of high quality shares and dividend yielding stocks which have or can potentially have attractive dividend yields.

  • PRULink Equity Focus Fund aims to maximise returns over medium to long term. This is achieved by investing into approximately 30 quality Malaysian companies listed in Bursa Malaysia that are expected to provide medium to long-term capital appreciation and income potential.

  • PRULink Managed Fund II aims to maximise returns over medium to long term by investing in shares and fixed interest securities through PRULink Equity Fund and PRULink Bond Fund and in any other PRULink Funds that may become available in the future. The neutral asset allocation ratio is 80% in equities and 20% in fixed income securities with allowable movement +/- 10%.

  • PRULink Bond Fund aims to provide medium to long term accumulation of capital by investing in selected fixed interest securities, corporate bonds and fixed deposits.

  • PRULink Dana Unggul aims to maximise returns over medium to long term by investing in high quality Shariah-approved shares listed on the Bursa Malaysia.

  • PRULink Dana Urus II aims to maximise returns over medium to long term by investing in Shariah-approved shares and Islamic debt securities through PRULink Dana Unggul and PRULink Dana Aman and in any other such PRULink Funds that may become available in the future. The neutral asset allocation ratio is 80% and 20% with allowable movement from the benchmark of +/- 10%.

  • PRULink Dana Aman aims to provide medium to long term accumulation of the capital by investing in selected Islamic debt securities.

  • PRULink Strategic Managed Fund aims to provide moderate capital growth over the medium to longer term by investing in a mix of fixed income and equity securities directly, or indirectly through the use of investment funds. The fund will tactically allocate between 70% to 90% in fixed income and 10% to 30% in equities.

5 PRULink Global Funds (for IUA)

  • PRULink Asia Managed Fund is an actively managed fund that seeks to maximise returns over medium to long term. This is achieved by investing directly in shares, fixed interest securities and money market instruments in the Asia Pacific ex Japan region through any other PRULink Global Funds that may become available in the future or indirectly via sub-funds managed by Eastspring Investments (Singapore) Limited or any other fund manager to be determined from time to time.

  • PRULink Global Market Navigator Fund is an actively managed fund that aims to achieve positive absolute returns over the medium-term through the implementation of an actively managed asset allocation strategy in a diversified range of global assets including cash, equities, bonds and currencies. Exposure to each asset classes will be primarily through exchange traded funds, index futures, direct equity and bonds, swaps, options and foreign exchange forwards, each of which may be traded through recognised exchanges or via the over-the-counter markets. The use of derivatives is for efficient portfolio management to gain access to the markets efficiently in a cost-effective manner. At inception, PRULink Global Market Navigator Fund will invest in a sub-fund called Eastspring Investments – Global Market Navigator Fund managed by Eastspring Investments (Singapore) Limited. The fund may then invest in any other PRULink absolute return funds that may become available in the future or indirectly via other absolute return funds.

  • PRULink Dragon Peacock Fund is a fund that aims to maximise long-term total return by investing primarily in equity and equity related instruments of corporations, which are incorporated in, or listed in, or operating principally from, or carrying on significant business in, or derive substantial revenue from, or whose subsidiaries, related or associated corporations derive substantial revenue from the People’s Republic of China (PRC) and India. At inception, PRULink Dragon Peacock Fund will invest in a sub-fund called Eastspring Investments – Dragon Peacock Fund managed by Eastspring Investments (Singapore) Limited. The investments of the Sub-Fund include, but are not limited to, listed securities in the Recognised Markets, depository receipts including American Depository Receipts (ADRs) and Global Depository Receipts (GDRs), debt securities convertible into common shares, preference shares and warrants. The fund may invest in any other funds or sub-funds managed by Eastspring Investments (Singapore) Limited or any other fund managers to be determined from time to time.

  • PRULink Asia Equity Fund is a fund that aims to maximise long-term total return by investing in equity and equity-related securities of companies, which are incorporated, or have their area of primary activity in Asia Pacific ex-Japan. The Asia Pacific ex-Japan region includes but is not limited to the following countries: Korea, Taiwan, Hong Kong, Philippines, Thailand, Malaysia, Singapore, Indonesia, People’s Republic of China, India, Pakistan, Australia and New Zealand. The fund may also invest in depository receipts [including American Depository Receipts (ADRs) and Global Depository Receipts (GDRs)], debt securities convertible into common shares, preference shares and warrants.

  • PRULink Global Global Growth Fund is a fund that aims to generate long-term returns through investing primarily into a portfolio of assets globally including equities, equity-related securities, deposits, currencies, derivatives or any other financial instruments directly, and/or indirectly through the use of any funds.

2 PRULink Local and Global Funds

  • PRULink Equity Plus Fund aims to maximise long-term returns through investing into a portfolio of domestic and foreign assets including equities, equity-related securities, deposits, currencies, derivatives or any other financial instruments directly, and/or indirectly through the use of any funds such as investment-linked funds set up by us, collective investment schemes and/or exchange traded funds.

  • PRULink Managed Plus Fund aims to maximise long-term returns through investing into a portfolio of domestic and foreign assets including equities, equity-related securities, fixed income securities, deposits, currencies, derivatives or any other financial instruments directly, and/or indirectly through the use of any funds such as investment-linked funds set up by us, collective investment schemes and/or exchange traded funds.

NOTE: This is an insurance product that is tied to the performance of the underlying assets, and is not a pure investment product such as unit trusts. Return on an investment-linked fund is not guaranteed.

 

Eligibility

Individuals between age 19 and 70 years old next birthday.

Enrolment

Visit any UOB Malaysia Branch nearest to you

Disclaimer

Underwritten by:

Prudential

The above plans are underwritten by Prudential Assurance Malaysia Berhad 198301012262 (107655-U). 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) Berhad’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/Sales 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 Prudential Representative or UOB Malaysia representative who will perform a needs analysis and assist you in making an informed decision.

Prudential Assurance Malaysia Berhad (PAMB) is a member of Perbadanan Insurans Deposit Malaysia (PIDM). As a member of PIDM, some of the benefits insured under the insurance policies offered by PAMB are protected against loss of part or all of the insurance benefits by PIDM, in the unlikely event of an insurer member failure. For further details of the protection limits and the scope of coverage, please obtain a PIDM information brochure from PAMB or visit the PIDM website or call the PIDM toll free line (1-800-88-1266).