PRULINK SUPREME PLUS

  • PRULink Supreme Plus PRULink Supreme Plus

    PRULink Supreme Plus (This is an insurance product)

    Discover PRULink Supreme Plus, an innovative insurance protection and investment benefit solution that comes with Wealth Assured Value (WAV) feature. By locking in the maximum value of units from inception, this innovative benefit maximises protection. On top of that, PRULink Supreme Plus accelerate your wealth accumulation with Loyalty Bonus and additional Annual Booster along the journey so that you can level up your wealth while enjoying peace of mind.

    Let PRULink Supreme Plus help you protect and grow your wealth today.

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Overview

An investment-linked insurance plan with limited pay of 3 or 5 years that offers a combination of insurance protection and investment benefit. This plan provides coverage in the event of Total and Permanent Disability (TPD) prior to the Policy Anniversary of age next birthday (ANB) 70 or expiry of the policy, whichever is earlier, and death of the Life Assured during the policy term. This plan further rewards you with Annual Booster1 and Loyalty Bonus2

 

1Annual Booster is applicable for premium payment period of 5 years only, provided premium is paid up to date and policy is in force upon payout.

2Loyalty Bonus shall be adjusted based on the accumulated partial withdrawal amount from BUA over the total premium paid for BUA.

 

What is Wealth Assured Value (WAV) and how does it work?

WAV refers to the highest value of units in Basic Unit Account (BUA) attained under your policy while your policy is in force, up to the event date of death/TPD claim. The mechanism of locking in the WAV is to enhance your life protection and it is not for investment purpose. WAV is not applicable for surrender, partial withdrawal or maturity.

For example, Keith, standard life and aged 40, buys PRULink Supreme Plus with annual BUA premium of RM100,000, premium payment period of 5 years and assuming withdrawal from BUA has not been made.

At the end of Policy Year 15, the value of units in BUA shrank to RM450,000 as an impact of the market downturn. However, he is still protected with life protection benefit of RM800,000 as a result of WAV locked-in at the highest value of units in BUA since inception. With WAV, he can be rest assured that his family always get the maximum protection irrespective of the market conditions.

 

3Please refer to the Benefits Table for more details on the calculation of Death Benefit payable.

 

Benefits

Benefits and features at a glance 

S - Short premium payment period options of 3 or 5 years for protection up until age 1004 

U - Unparalleled Wealth Assured Value (WAV)5 feature that locks in the highest value of units of your fund since inception, providing the maximum protection irrespective of the current value of units

P - Policy that rewards you with Loyalty Bonus6 for committing to your policy

R - Regular Basic Unit Account (BUA) premium with 100% allocation7

E - Easy enrolment with simplified health questionnaire for a plan that comes with Death and Total and Permanent Disability (TPD)8 benefits

M - Maturity Benefit that comes with potential upsides from the value of units

E - Extensive local and global funds you could choose to match your risk appetite

+ - Pay 5 years premium to unlock additional Annual Booster9 

 

4The policy term and benefits payable shall depend on the policy having sufficient value of units to cover all the policy charges. This would mean that the policy needs to have a positive value of units to remain in force. In the event when the policy does not have sufficient value of units, additional top-up premiums are required for continuous coverage up to Policy Anniversary of ANB 100.

5WAV is the highest value of units in BUA attained under your policy while your policy is in force, up to the event date of death /TPD claim. The locking in of WAV is to enhance life protection and is not for investment purpose. WAV is not applicable for surrender, partial withdrawal or maturity.

6Loyalty Bonus shall be adjusted based on the accumulated partial withdrawal amount from BUA over the total premium paid for BUA.

7Before the deduction of any administration and insurance charges.

8Prior to the Policy Anniversary of age 70 or expiry of policy, whichever is earlier.

9Annual Booster is applicable for premium payment period of 5 years only, provided premium is paid up to date and policy is in force upon payout.

Benefits Table

Policy Term PRULink Supreme Plus will expire upon Policy Anniversary of Life Assured’s ANB of 10010.
Premium Payment Period and Basic Unit Account (BUA) Premium Minimum BUA premium:
Premium Payment Period (Years) Minimum BUA Premium (p.a.)
3 RM30,000
5 RM20,000

Maximum BUA premium: Subject to underwriting
Death Benefit We shall pay the higher of:
  1. 125% or 105%11 of the total BUA premium paid, LESS any withdrawal from BUA; 
  2. WAV12, LESS any withdrawal from BUA;
  3. value of units in BUA; OR
  4. RM5,000
PLUS value of units in Investment Unit Account (IUA) (if any).
Total and Permanent Disability (TPD) Benefit We shall pay the Death Benefit as stated above upon Life Assured suffering from TPD prior to the Policy Anniversary of ANB 70 or expiry of the policy, whichever is earlier.

Note: Payment of this benefit will reduce the Death Benefit.

Annual Booster A percentage (%) of annualised BUA premium (i.e. Insurance Premium, excluding PRUSaver and single premium top-up) shall be credited into BUA each policy year during premium payment period, with the first Annual Booster being credited upon completion of Policy Year 1, provided the premium is paid up to date and policy is in force upon payout. The credited amount shall follow the premium direction of fund upon crediting.

Premium Payment Period (years) Annual Booster
(% of Annualised BUA Premium)
3 -
5 1%
Loyalty Bonus A percentage (%) of annualised BUA premium (i.e. Insurance Premium, excluding PRUSaver and single premium top-up), shall be credited into BUA once every 5 years upon completion of 10 policy years, provided the premium is paid up to date and the policy is in force upon payout.

Premium Payment Period (years) Loyalty Bonus
(% of Annualised BUA Premium)
3 8% 
5 10%

Note: Loyalty Bonus shall be adjusted based on the accumulated partial withdrawal amount from BUA over the total premium paid for BUA.
Maturity Benefit At maturity, we will pay you the value of units in BUA and IUA of your policy (if any).
Surrender Benefit Upon surrender, the value of units in BUA less any surrender charge plus value of units in IUA (if any), is payable.
Optional Rider
Investment Rider Details
PRUSaver This is a regular premium rider mainly for investment purpose. It does not provide any insurance coverage.
Underwriting Simplified Issuance Offer (SIO)

10The policy term and benefits payable shall depend on the policy having sufficient value of units to cover all the policy charges. This would mean that the policy needs to have a positive value of units to remain in force. In the event when the policy does not have sufficient value of units, additional top-up premiums are required for continuous coverage up to Policy Anniversary of ANB 100.

11105% if Life Assured is a sub-standard life.

12WAV is the highest value of units in BUA attained under your policy while your policy is in force, up to the event date of death /TPD claim. The locking in of WAV is to enhance life protection and is not for investment purpose. WAV is not applicable for surrender, partial withdrawal or maturity.

Investment Opportunity

PRULink Supreme Plus offers you 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).

PRULink Funds
  • PRULink Equity Income Fund
  • PRULink Bond Fund II
  • PRULink Strategic Managed Fund
PRULink Global Funds
  • PRULink Asia Managed Fund
  • PRULink Dragon Peacock Fund
  • PRULink Asia Equity Fund
  • PRULink Global Growth Fund
  • PRULink Asia Pacific Dynamic Income Fund
  • PRULink Global ESG Choice Fund
PRULink Local and Global Funds
  • PRULink Equity Plus Fund


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.

 

Eligibility

  Child Adult
Entry ANB 14 days old – 18 19 - 70

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) 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) 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 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 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).