PRULink Cover

  • PRULink Cover

    PRULink Cover

    Every stage in life, we've got you covered

Overview

Introduction

As we go through our journey in life, our priorities and aspirations may change at different stages. Planning is key to protecting yourself and your loved ones from the unexpected and ensuring that your financial well-being is secured throughout your different life stages.

Benefits

PRULink Cover is a regular premium investment-linked insurance plan that grows and stays with you throughout your life journey – from protection of unborn babies as early as 14 gestational weeks, up to target sustainability age chosen, i.e. either age 70, 80, 90 or 100 with auto extension up to age 1001. It offers different types of riders, such as critical illness riders, accidental riders, medical riders, payor riders and saving riders too. You have the flexibility to select additional riders to tailor to your life stage needs. Not only that, PRULink Cover also rewards you with Goal Achievement Benefit2 when you achieved certain milestones of life.

 

Riders Details
Infant Care Plus Infant Care Plus provides Pregnancy Care Benefit and Child Care Benefit which covers up until the child attains age 5.
Essential Child Plus Essential Child Plus (ECP) pays the rider sum assured upon diagnosis of a covered child specified illness prior to the Policy Anniversary date of Life Assured age 25 if Life Assured survives 30 days after diagnosis. Upon the expiry date of this rider, the available ECP sum assured will be converted to Crisis Care.
Crisis Guard Crisis Guard is an accelerated critical illness rider that pays the rider sum assured upon diagnosis of a covered Critical Illness prior to the expiry of the policy.
Crisis Care Crisis Care is an additional critical illness rider that pays the rider sum assured upon diagnosis of a covered Critical Illness prior to the expiry of the policy. Crisis Care shall be payable if Life Assured survives 30 days after being diagnosed with the covered Critical Illness.
Acci Guard Plus3 Acci Guard Plus pays the rider sum assured on death or TPD3 due to accident or a percentage of the rider sum assured on disablement due to accident. In addition, the rider also pays compassionate benefit upon death.
Acci Med Plus3 Acci Med Plus reimburses the actual expenses incurred for medical treatment, hospital confinement or nursing services due to accident up to the rider sum assured within 104 weeks from the date of accident. It also reimburses the actual expenses for traditional & complementary treatment, up to RM300 per accident, incurred within 90 days from the date of accident, subject to RM1,500 per lifetime. In addition, it also pays overseas companion allowance and prosthesis/wheelchair allowance.
Acci Income Plus3 Acci Income Plus pays weekly income for temporary total disablement and temporary partial disablement due to accident within 90 days from the date of accident subject to a combined total of 104 weeks for each accident. It also pays daily income for confinement in Malaysian Government Hospital due to accident for the duration of such confinement limited to a maximum of 100 days during any one policy year.
Payor Basic Payor Basic pays the Insurance Premium upon Life Assured suffering from TPD3 or diagnosis of a covered Critical Illness. Provided the policy is in force, this benefit will be payable until the Policy Anniversary date of Life Assured’s age 100.
Payor Saver Payor Saver pays the Investment Premium upon Life Assured suffering from TPD3 or diagnosis of a covered Critical Illness. Provided the policy is in force, this benefit will be payable until the Policy Anniversary date of Life Assured’s age 100.
Spouse Payor Basic Spouse Payor Basic pays the Insurance Premium upon Life Assured’s spouse suffering from TPD3, death or diagnosis of a covered Critical Illness. Provided the policy is in force, this benefit will be payable until the Policy Anniversary date of Life Assured’s age 100 or Life Assured’s spouse age 100, whichever is earlier.
Spouse Payor Saver

Spouse Payor Saver pays the Investment Premium upon Life Assured’s spouse suffering from TPD3, death or diagnosis of a covered Critical Illness. Provided the policy is in force, this benefit will be payable until the Policy Anniversary date of Life Assured’s age 100 or Life Assured’s spouse age 100, whichever is earlier.

Parent Payor Basic Parent Payor Basic pays the Insurance Premium upon Life Assured’s parent suffering from TPD3, death or diagnosis of a covered Critical Illness. Provided the policy is in force, this benefit will be payable until the Policy Anniversary date of Life Assured’s age 25 or expiry of the policy, whichever is earlier.
Parent Payor Saver Parent Payor Saver pays the Investment Premium upon Life Assured’s parent suffering from TPD3, death or diagnosis of a covered Critical Illness. Provided the policy is in force, this benefit will be payable until the Policy Anniversary date of Life Assured’s age 25 or expiry of the policy, whichever is earlier.
2Parent Payor Basic 2Parent Payor Basic pays the Insurance Premium upon Life Assured’s parent suffering from TPD3, death or diagnosis of a covered Critical Illness. Provided the policy is in force, this benefit will be payable until the Policy Anniversary date of Life Assured’s age 25 or expiry of the policy, whichever is earlier. If both parents are suffering from any of the abovementioned unfortunate events, the annual benefit will be doubled and pay to BUA.
2Parent Payor Saver 2Parent Payor Saver pays the Investment Premium upon Life Assured’s parent suffering from TPD3, death or diagnosis of a covered Critical Illness. Provided the policy is in force, this benefit will be payable until the Policy Anniversary date of Life Assured’s age 25 or expiry of the policy, whichever is earlier. If both parents are suffering from any of the abovementioned unfortunate events, the annual benefit will be doubled and pay to IUA.
PRUValue Med4 PRUValue Med is a comprehensive medical rider with no annual limit and lifetime limit subject to Med Value Point (RM1 million, RM1.5 million or RM2 million). The rider reimburses medical expenses according to the selected benefits in the event of hospitalisation or outpatient treatment due to illness or injury.
PRUMillion Med4 PRUMillon Med is a comprehensive medical rider that provides high medical coverage exceeding RM1 million a year and no lifetime limit. The rider reimburses medical expenses according to the selected plan in the event of hospitalisation or outpatient treatment due to illness or injury.
PRUHealth4 PRUHealth provides basic medical coverage that rewards you for staying healthy. This rider reimburses medical expenses according to the selected plan in the event of hospitalization or outpatient treatment due to illness or injury.
PRUMedic Overseas PRUHealth provides basic medical coverage that rewards you for staying healthy. This rider reimburses medical expenses according to the selected plan in the event of hospitalization or outpatient treatment due to illness or injury.
PRUSaver This is a regular premium rider mainly for investment purpose. It does not provide any insurance cover.
PRUSaver Kid This is a regular premium rider mainly for investment purpose. It does not provide any insurance cover. It provides a lump sum payout which is equivalent to the cash value of IUA (if any) at the selected payout age.

 

Any age reference shall be on the basis of Age Next Birthday.

 

1 PRULink Cover comes with an option to extend the term of basic plan and rider(s) (if applicable) up to the Policy Anniversary date of Life Assured's age 100 or the expiry of rider's coverage term, whichever is earlier. Unless you withdraw the consent, your policy will be auto extended as long as it has sufficient cash value to be deducted to pay for the relevant charges, fees and taxes during the extended term. To ensure sufficient cash value, additional premium is likely required during the extended term.

2 This Benefit is claimable once in a lifetime when the age of the Life Assured is between age 19 and 50. The waiting period is 3 years from the effective date of the policy or the date of policy revival; whichever is later.

3 Prior to the Policy Anniversary date of Insured Life’s age 70 or expiry of the policy, whichever is earlier.

4 For Overseas Treatment, if you choose to have or if you have been referred to be treated outside Malaysia, the benefits for the treatment are limited to the reasonable and customary medically necessary charges for equivalent local treatment in Malaysia and subject to 90 days residence limit.

 

Notes: For the full list of Pregnancy Care Benefit, Child Care Benefit, Child Specified Illness and covered Critical Illness, please refer to Product Disclosure Sheet and Sales Illustration.

Benefits Table

Riders Details
Death Benefit

Basic Sum Assured plus the total cash value of Basic Unit Account (BUA) and Investment Unit Account (IUA).

Note: The death benefit payable upon death of the foetus during pregnancy period or up to 30 days after the birth of the child is the higher of total premiums paid less insurance charges and withdrawals (if any) made or total cash value of BUA and IUA.

Total and Permanent Disability (TPD)1 Benefit

Basic Sum Assured shall be payable upon Life Assured suffering from TPD1.

Note: Payment of this benefit will reduce the Basic Sum Assured, accelerated CI sum assured and Longevity Benefit.
Goal Achievement Benefit2

RM500 per lifetime (Only applicable for Life Assured with entry age 25 or below) for one of the events as follow:

  • Travelled to 10 different countries
  • Doubling of salary
  • Marriage
  • Owning a house
  • Child Birth

Maturity Benefit Total cash value of BUA and IUA
Longevity Benefit Basic Sum Assured shall be payable on the Policy Anniversary date of Life Assured’s age 100.
No-Lapse Provision PRULink Cover comes with a No-Lapse Provision, which allows you to enjoy continuous protection during the first crucial 72 months regardless of market performance, provided that all premiums are paid and no withdrawals have been made from the BUA.

 

Any age reference shall be on the basis of Age Next Birthday.

 

1 Prior to the Policy Anniversary date of Life Assured’s age 70 or expiry of the policy, whichever is earlier.

2 This Benefit is claimable once in a lifetime when the age of the Life Assured is between age 19 and 50. The waiting period is 3 years from the effective date of the policy or the date of policy revival; whichever is later.

Investment Opportunity

PRULink Cover offers you growth opportunities to diversify your funds both locally and globally through our PRULink Funds and/or PRULink Global Funds.

Riders Details
8 PRULink Funds
  • PRULink Equity Income Fund aims to maximise returns over medium to long term by investing in 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 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 is a managed fund that seeks to maximise returns over medium to long term. This is achieved 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 allocation of the PRULink Managed Fund II is set to 80% PRULink Equity Fund and 20% PRULink Bond Fund.

  • 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 Syariah-approved shares listed on the Bursa Malaysia.

  • PRULink Dana Urus II is a managed fund that seeks to maximise returns over medium to long term. This is achieved by investing in Syariah-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 allocation of the PRULink Dana Urus II is set to 80% PRULink Dana Unggul and 20% PRULink Dana Aman.

  • PRULink Dana Aman aims to provide medium to long term accumulation of 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.

4 PRULink Global Funds
  • 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 and through any other PRULink Global Funds that may be 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 maximize 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 maximize 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, PRC, 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.

 

Eligibility

Age of Entry: 

Pre-natal – 14 to 35 gestational weeks

Child – 14 days to age 18 next birthday

Adult – age 19 to 70 next birthday

Enrolment

Visit any UOBM Branch nearest to you.

Underwritten by:

Prudential

This is for your general information only. You are advised to visit any of our branches and ask for a copy of Product Brochure, Product Disclosure Sheet and Sales Illustration before purchasing a plan, and to refer to the terms and conditions in the policy document for details of the important features of the plan.

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 Bank Representative who will perform a needs analysis and assist you in making an informed decision.

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.

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).