1. Personal
  2. Insure
  3. Pre-Retirement
  4. PRUEnrich Gain

PRUFLEXI GAIN

  • PRUFlexi GainPRUFlexi Gain

    PRUFlexi Gain (This is an insurance product)

    A LIMITED PAY ANTICIPATED ENDOWMENT PARTICIPATING INSURANCE PLAN that offers insurance coverage and wealth accumulation. Survival Benefit will be payable upon survival of Life Assured to the end of every policy year provided the policy remains in force. This plan also pays a lump sum benefit of at least 100% of Basic Sum Assured, upon maturity of the policy.

Introduction

One’s life journey can be filled with uncertainties. But don’t let this stop you from living a fulfilling life together with the ones you love and achieving your milestones. Let the advantage of flexibility assist you in elevating and turning your different life goals into reality. Whether it’s moving into your dream home, witnessing your child’s graduation or living your retirement dream in the future, these milestones can be attained with flexibility as you enjoy a fulfilling life. 

Worry less and enjoy the best of what life has to offer by preparing today for a more secure future ahead through PRUFlexi Gain. Accumulate your wealth with the flexibility to choose your preferred premium payment term and policy term according to your financial planning and commitment. Let PRUFlexi Gain take you on a journey of a fulfilling life today.

Benefits

F lexible premium payment term and policy term1 options to fulfil your life goals
L ive your life goals with annual guaranteed Survival Benefit
E asy and hassle-free enrolment
X eXtended entry age up to 701,2 years old
I ncreased coverage upon Accidental Death2,3


1For entry age next birthday (ANB) 66 to 70, the maximum policy term allowed is 15 years.

2Accidental Death Benefit is not applicable for entry ANB 66 to 70. Total and Permanent Disability (TPD) Benefit is not applicable for entry ANB 70.

3Prior to the Policy Anniversary of ANB 70 or expiry of policy, whichever is earlier.

Benefits Table

Premium Payment Term and Policy Term
Premium Payment Term (years) Policy Term (years)
3 12, 15 to 30
5 12, 15 to 30
8 16 to 30
10 18 to 30

Note: For entry ANB 66 to 70, the maximum policy term allowed is 15 years.
Death Benefit/Total and Permanent Disability (TPD)4 Benefit
Policy Year 1 & 2: We shall pay the higher of:
  1. 100% of the total PRUFlexi Gain basic premiums paid (inclusive of loading and excluding taxes, if any) LESS total Survival Benefits paid (if any); OR
  2. Guaranteed Surrender Value PLUS any bonuses5 payable on death/TPD4.
Policy Year 3 & onwards: We shall pay the higher of:
  1. 101%/100%6 of total PRUFlexi Gain basic premiums paid (inclusive of loading and excluding taxes, if any) LESS total Survival Benefits paid (if any);
  2. Basic Sum Assured PLUS any bonuses5 payable on death/TPD4; OR
  3. Guaranteed Surrender Value PLUS any bonuses5 payable on surrender (Total Surrender Value).
If the accumulation option is selected, the accumulated Survival Benefit with interest (if any) will be paid together with the Death/Total and Permanent Disability4/Surrender/Maturity Benefit, whichever is earlier.
Accidental Death (AD)4 Benefit Death Benefit and an additional 101% of the total PRUFlexi Gain basic premiums paid (inclusive of loading and excluding taxes, if any) shall be payable if death due to accident happens.

Notes:

  • Accidental Death Benefit is not applicable for entry ANB 66 to 70.
  • In the event of accidental death while the Life Assured is below ANB 17, Accidental Death Benefit payable will be subject to maximum of RM1 million per life.
Survival Benefit Survival Benefit will be payable upon survival of Life Assured to the end of every policy year provided the policy remains in force. It will cease upon Life Assured’s death during the term of the policy or upon Total and Permanent Disability4. The Survival Benefit will be payable as follows:

Premium Payment Term (years) Policy Term, T (years) End of Policy Year % of Basic Sum Assured
3 12 1 to T-3 5
T-2 to T-1 15
T 25
15 - 19 1 to T-3 5
T-2 to T-1 15
T 30
20 - 24 1 to T-3 5
T-2 to T-1 15
T 80
25 - 30 1 to T-3 5
T-2 to T-1 15
T 145
5 12 1 to T-3 5
T-2 to T-1 15
T 35
15 - 19 1 to T-3 5
T-2 to T-1 15
T 40
20 - 24 1 to T-3 6
T-2 to T-1 16
T 126
25 - 30 1 to T-3 6
T-2 to T-1 16
T 131
8/10 16 - 19 1 to T-3 5
T-2 to T-1 15
T 80
20 - 24 1 to T-3 6
T-2 to T-1 16
T 156
25 - 30 1 to T-3 6
T-2 to T-1 16
T 156

Note: For entry ANB 66 to 70, the maximum policy term allowed is 15 years.

Example:
Sarah bought PRUFlexi Gain plan with Premium Payment Term of 3 years and Policy Term of 19 years (i.e., T = 19). The Survival Benefit (% of Basic Sum Assured) payable will be as follows:

Premium Payment Term (years) Policy Term, T (years) End of Policy Year % of Basic Sum Assured
3 19 1 to 16 5
17 to 18 15
19 30

If the accumulation option is selected, the accumulated Survival Benefit with interest (if any) will be paid together with the Death/Total and Permanent Disability4/Surrender/Maturity Benefit, whichever is earlier.
Maturity Benefit Upon maturity of the policy, the sum of the following is payable:
  1. 100% of Basic Sum Assured; PLUS
  2. Any bonuses5 payable on maturity; PLUS
  3. Accumulated Survival Benefit with interest (if any).
Optional Riders You may choose from the optional riders to extend your protection net, subject to additional premium and underwriting:

Optional Riders Description
PRUWaiver Plus PRUWaiver Plus ensures continuous protection without the need to pay all future premiums under PRUFlexi Gain policy if Life Assured is diagnosed with any of the 42 covered Critical Illnesses (CI) during the term of the rider or upon Total and Permanent Disability4.
Spouse Waiver Plus Spouse Waiver Plus ensures Life Assured will continue to be protected without the need to pay all future premiums under PRUFlexi Gain policy if the spouse (Insured Life for this rider) dies during the term of the rider, is diagnosed with any of the 42 covered Critical Illnesses (CI) during the term of the rider or upon Total and Permanent Disability4.
Parent Waiver Plus Parent Waiver Plus ensures Life Assured will continue to be protected without the need to pay all future premiums under PRUFlexi Gain policy up to Policy Anniversary before Life Assured attains ANB 25 or the end of the premium payment term (whichever is earlier), should the parent (Insured Life for this rider) dies during the term of the rider, is diagnosed with any of the 42 covered Critical Illnesses (CI) during the term of the rider or upon Total and Permanent Disability4.

Note: For the full list of covered Critical Illnesses and exclusions, please refer to PRUFlexi Gain Product Disclosure Sheet and Sales Illustration.
Underwriting Up to Guaranteed Issuance Offer (GIO) limit RM1,000,0007 per life – no medical underwriting requirement for entry ANB up to 70 years old.

More than GIO limit stated above or if any rider(s) is/are attached – subject to medical underwriting requirement.


4Prior to the Policy Anniversary of ANB 70 or expiry of policy, whichever is earlier. Total and Permanent Disability (TPD) Benefit is not applicable for entry ANB 70.
5Bonuses consist of Terminal Bonus and Compound Reversionary Bonus (CRB) and will be paid as a lump sum upon Life Assured’s death during the term of the policy, surrender, maturity or upon Total and Permanent Disability4, whichever is earlier. These bonuses are not guaranteed and will depend on the actual operating and investment results experienced by Prudential Assurance Malaysia Berhad (PAMB)’s participating life fund.
6101% for entry ANB 1 to 65; 100% for entry ANB 66 to 70.
7Medical underwriting shall be waived if you purchase the basic plan only and shall be subjected to aggregate Basic Sum Assured per life for PRUFlexi Gain, PRUValue Gain, PRUWealth Gain, PRUWealth Gain Plus, PRUMax Gain and PRUSmart Gain for in forced policies within the last 36 months, where applicable.

Eligibility

Age of Entry Child – ANB 18 to 16
Adult – ANB 17 to 70

8For child plans, minimum entry age is 14 days.

Enrolment

Visit any UOB Malaysia Branch nearest to you.

Disclaimer

Underwritten by:

Prudential

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) 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).