PRUlink assurance plan is a regular premium investment linked whole
life plan. This investment-linked policy (ILP) offers a combination of
insurance protection and investment. The basic plan pays a lump sum
death benefit (i.e. the sum assured) and the value of the investment
units, at the time of claim, if you are totally and permanently
disabled before age 70 or die, during the term of the policy.
The insurance company allocates a portion of the premium to purchase units in the investment-linked fund that you have chosen.
Illustrated below is the premium allocation rate for a benefit term of
20 years and above. For benefit term below 20 years, the premium
allocation rate will be scaled up proportionately.
The value of the ILP depends on the price of the underlying units, which in turn depends on the performance of your chosen fund.
Free-look period – you may cancel your ILP by returning the policy within 15 days after you have received the policy.
The insurance company will refund to you the unallocated premiums, the
value of units that have been allocated (if any) at unit price at the
next valuation date and any insurance charge and policy fee that have
been deducted less any medical fee incurred.
Critical illness benefits under the policy will only start 60 days after the effective date of the policy for heart attack, coronary artery diseaseand cancer and 30 days for all other illnesses
PRUhealth and PRUannual limit waiver under the policy will only start 120 days after the effective date of the policy for specified illnesses and 30 days for all other illnesses. Cover for hospitalisation due to accidents commences immediately.
PRUmed and/or Hospital Benefit under the policy will start immediately for hospitalisation due to accidents and 30 days for any other causes
Co-insurance – you will have to pay 10% of the total costs incurred, subject to maximum of RM1,000 for Hospital & Surgical Benefit and RM2,000 for Outpatient Treatment Benefit.
017 589 9597
Wealth Planner and Financial Advisor
Prudential Assurance Malaysia Berhad
Prudential BSN Takaful Berhad
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