PRULINK SUPREME PLUS

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 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.

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.

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).

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.

Visit any UOB Malaysia Branch nearest to you.

Disclaimer

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) 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).