PRULink Cover (This is an insurance product)
A REGULAR PREMIUM INVESTMENT-LINKED INSURANCE PLAN. This plan provides coverage in the event of Death & Total and Permanent Disability (TPD), whichever occurs first.
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.
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 13 gestational weeks, up to selected policy term and with Extension of Coverage Term up to age 1001. It offers different types of riders, such as critical illness riders, accidental riders, medical riders, payor riders and investment 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 of Life Assured age 25 if Life Assured survives throughout the survival period 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 throughout the survival period 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 TPD3or diagnosis of a covered Critical Illness. Provided the policy is in force, this benefit will be payable until the Policy Anniversary 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 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 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 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 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 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 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 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. |
| PRUMillion Med Active4 | PRUMillion Med Active, a medical plan that rewards your healthy lifestyle and provides discount on your medical insurance charges when you have no claims, all with no changes to your coverage. Upon signing up for this plan, you may enjoy a discount of up to 15% off your medical insurance charges. By maintaining good health and making no claims, you continue to enjoy the upfront discount every year thereafter. |
| Active Booster4 | Active Booster is a rider attachable to PRUMillion Med Active, which boosts the annual limit of your medical plan by an additional RM10 million or removes the capping of the annual limit if coinsurance option is selected upon signing up for this rider. Furthermore, this rider complements PRUMillion Med Active by providing broader hospitalisation care, coverage on maternity complications and up to RM1,000 No Claims Benefit yearly for preventive care. |
| PRUMillion Med 2.04 | PRUMillion Med 2.0 is a comprehensive medical rider with high annual limit up to RM8 million and no lifetime limit. The rider reimburses medical expenses according to the selected plan in the event of hospitalisation and for outpatient treatment due to illness or accidental injury. |
| PRUMillion Med Booster 2.04 | PRUMillion Med Booster 2.0 is a rider attachable to PRUMillion Med 2.0, which boosts the annual limit of your medical plan by an additional RM10 million upon signing up for this rider. Furthermore, this rider complements PRUMillion Med 2.0 to provide broader hospitalisation care, coverage on maternity complications and up to RM1,000 No Claims Benefit yearly for preventive care. |
| 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. |
| PRUValue Med Booster4 | PRUValue Med Booster is a rider attachable to PRUValue Med, which comes with a guaranteed auto-increasing lifetime limit (also known as Med Value Point) every policy year. This rider complements the benefits of PRUValue Med and provides No Claims Benefit. |
| 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 | PRUMedic Overseas reimburses the actual expenses for treatment/hospitalisation in China, Hong Kong and Singapore for the following covered illnesses: surgery related to Cancer, Neurosurgery, Coronary Artery By-Pass Surgery, Heart Valve Surgery and Organ Transplant (kidney, lung, liver, heart, pancreas or bone marrow transplant). The reimbursement shall be based on reasonable and customary charges of the country of treatment. This rider is attachable to PRUValue Med. |
| 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 value of units of IUA (if any) at the selected payout age. |
Any age reference shall be on the basis of Age Next Birthday.
1 PRULink Cover offers a selection of different policy term options up to age 70, 80, 90, 100 or 20 years (where applicable). This plan comes with Extension of Coverage Term to extend the term of basic plan up to the Policy Anniversary of Life Assured's age 100. For rider(s), if applicable, the rider’s term will be extended up to the Policy Anniversary of Life Assured’s age 100 or the rider’s maximum coverage term, whichever is earlier. Unless you request to disable the Extension of Coverage Term, your policy will be auto extended as long as it has sufficient value of units to be deducted to pay for the relevant charges, fees and taxes during the extended term. To ensure sufficient value of units, additional premium is likely required during the extended term. During the extended coverage term, the coverage provided by the basic plan and rider(s) (if applicable) will remain the same.
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 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. PRUValue Med / PRUValue Med with PRUValue Med Booster and PRUHealth are subject to 90 days residence limit. For PRUMillion Med Active / PRUMillion Med Active with Active Booster / PRUMillion Med 2.0 with PRUMillion Med Booster 2.0, we shall not pay any benefit if the Life Assured remains outside of Malaysia, apart from Singapore and Brunei, for more than 90 days on each trip.
Notes: For the full list of Pregnancy Care Benefit, Child Care Benefit, Child Specified Illness, covered Critical Illness, waiting periods and exclusions and survival period, please refer to Product Disclosure Sheet and Product Illustration.
| Benefits | Details |
| Death Benefit |
Basic Sum Assured plus the total value of units 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 value of units of BUA and IUA. |
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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:
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| Maturity Benefit | Total value of units of BUA and IUA (if any). |
| Longevity Benefit | Basic Sum Assured shall be payable on the Policy Anniversary 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 due 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 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.
PRULink Cover offers you growth opportunities to diversify your funds both locally and globally through our PRULink Fund(s), PRULink Global Fund(s) and/or PRULink Local and Global Fund(s).
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| PRULink Global Funds |
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| PRULink Local and Global Funds |
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Click here to find out more about the objectives of the Investment-linked funds for PRULink Fund(s), PRULink Global Fund(s) and/or PRULink Local and Global Fund(s).
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.
Age of Entry:
13 gestational weeks till ANB 70
Visit any UOB Malaysia Branch nearest to you.
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/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.
PROTECTION BY PERBADANAN INSURANS DEPOSIT MALAYSIA (“PIDM”) ON BENEFITS PAYABLE FROM THE UNIT PORTION OF THIS CERTIFICATE/POLICY IS(ARE) SUBJECT TO LIMITATIONS. 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).
