Group EssentialLife (SP)

Ensure business continuity and shield your loved ones from any financial burden should any unfortunate event happens. 

Being a business owner or corporate personnel who has taken up financial facilities from bank, there is always a concern to ensure business continuity in the event of unforeseen circumstances happen to you. We are pleased to introduce Group EssentialLife (SP), a single premium non-participating group term life insurance plan that provides coverage for death and Total and Permanent Disability (TPD), so you can enjoy peace of mind today knowing that both your business and loved ones’ interests are safeguarded if the unexpected happens to you. 

You may choose 3 parties arrangement or 4 parties arrangement, depending on your needs and purpose.

*This will be payable to Certificate Holder when there is no outstanding loan. If the death/TPD coverage exceeds any outstanding loan, the remaining amount will be payable to Certificate Holder after settling the outstanding loan with UOB Malaysia.

Let Group EssentialLife (SP) gives you a peace of mind while you focus on what’s important to you today.

Age reference shall be on the basis of Age Next Birthday (ANB).

Visit any UOB Malaysia Branch nearest to you.

Disclaimer

Underwritten by:

The above plans are underwritten by Prudential Assurance Malaysia Berhad (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) 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/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.

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).