PRUValue Gain

  • PRUValue Gain

    PRUValue Gain

    Gain enhanced value in your lifestyle

Overview

Introduction

There are so many things we can do to enhance our lives, but sometimes when we get caught up in the whirlwind of daily living, it's easy to forget what they are.

Want to know the secret to accomplishing all your best-laid plans, and more? Just start! It is never too early or too late to start saving to achieve your lifestyle needs. A dedicated way to build up your savings can give you a lift in pursuing your desired lifestyle.

Creating more value to live your desired lifestyle with PRUValue Gain today.

 

Benefits

Various options to suit your financial needs

Additional Accidental Death Benefit to enhance your protection

Lifestyle reward with annual guaranteed Survival Benefit

Uplift your protection with hassle-free enrolment

Essential coverage for Death & Total and Permanent Disability (TPD)1

 

1Prior to the Policy Anniversary Date of age 70 next birthday or expiry of policy, whichever is earlier.

 

Benefits Table

Premium Payment
Term and Policy Term

Premium Payment Term

Policy Term

5 years

15 years

20 years

30 years

10 years

20 years

30 years

Death Benefit/ Total
and Permanent
Disability (TPD)2 Benefit

 

Policy Year 1 & 2:

We shall pay the higher of:

  1. 100% of the total 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 bonuses3 payable on death.

Policy Year 3 &
onwards:

We shall pay the higher of:

  1. 101%/105%/110%4 of total basic premiums paid (inclusive of loading
    and excluding taxes, if any) LESS total Survival Benefits paid (if any);
  2. Basic Sum Assured PLUS any bonuses3 payable on death; OR
  3. Guaranteed Surrender Value PLUS any bonuses3 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 Disability/ Surrender/Maturity Benefit, whichever is earlier.

Accidental Death
Benefit

Death Benefit and one of the below shall be payable if the following event happens prior to
the Policy Anniversary Date of age 70 next birthday or expiry of policy, whichever is earlier:

  1. Additional 100% of the Basic Sum Assured if death is due to accident;
  2. Additional 200% of the Basic Sum Assured if death is due to accident from commuting in public
    conveyance, elevator car, burning of theatre, hotel or other public building; OR
  3. Additional 300% of the Basic Sum Assured if death is due to accident occurring while Life Assured
    is residing or travelling outside of Malaysia (except Singapore and Brunei) for not more than 90
    consecutive days, or in Singapore or Brunei for any number of days.

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 suffering from death
during the term of the policy or upon Total and Permanent Disability prior to the Policy
Anniversary Date of age 70 next birthday or expiry of policy, whichever is earlier.

The Survival Benefit will be payable as follows:

Policy Term 15

End of Policy Year % of Basic Sum Assured

1 to 12

7

13 to 14

17

15

27

 

Policy Term 20

End of Policy Year % of Basic Sum Assured

1 to 17

8

18

18

19 to 20

28

Policy Term 30

End of Policy Year % of Basic Sum Assured

1 to 27

8

28

18

29 to 30

28

   
If the accumulation option is selected, the accumulated Survival Benefit with interest (if any)
will be paid together with the Death/Total and Permanent Disability/Surrender/ Maturity
Benefit, whichever is earlier.

Maturity Benefit

Upon maturity of the policy, the sum of the following is payable:


Premium
Payment Term



Policy Term

The sum of

% of Basic Sum
Assured

+

any bonuses3
payable on
maturity

+

accumulated
Survival Benefit
with interest (if
any)

5 15 135
5 20 115
5 30 120
10 20 125
10 30 140

Optional Riders

    • PRUWaiver
    • Spouse Waiver
    • Parent Waiver

2Prior to the Policy Anniversary Date of age 70 next birthday or expiry of policy, whichever is earlier.

3Bonuses consist of Terminal Bonus and Compound Reversionary Bonus and will be paid as a lump sum upon Life Assured suffering from death during the term of the policy, surrender, maturity or upon Total and Permanent Disability prior to the Policy Anniversary Date of age 70 next birthday or expiry of policy, 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.

4110% for entry age 1 to 50 next birthday; 105% for entry age 51 to 60 next birthday; 101% for entry age 61 to 65 next birthday.

Eligibility

Age of Entry:

Child – 15 to 16 years old age next birthday (ANB)

Adult – 17 to 65 years old age next birthday (ANB)

 

5For child plans, minimum entry age is 14 days.

 

Note: Medical underwriting shall be waived if you purchase the basic plan only and the aggregate Basic Sum Assured is within the Guaranteed Issuance Offer (GIO) limit RM500,000 (RM300,000 for age 61 to 65 next birthday) per life for PRUValue Gain, PRUWealth Gain and PRUWealth Gain Plus, PRUMax Gain and PRUSmart Gain.

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).