Product Disclosure for PRUlink assurance plan . Waiting Period. Free look Period

Product Disclosure for PRUlink assurance plan . Waiting Period. Free look Period from Prudential Malaysia Insurance Agent

By: Prudential Malaysia Insurance Agent  19-02-2010
Keywords: Malaysia, Insurance, Unit Trust

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.


Firdaus Rosli
017 589 9597
Wealth Planner and Financial Advisor
Prudential Assurance Malaysia Berhad
Prudential BSN Takaful Berhad

Life Insurance | Medical Card | Unit Trust| Investment | Car Insurance | Road Tax Renewal | Islamic Fund

Keywords: 36 critical illness, Best coverage insurance, Car Insurance, Cheap Medical Card, Child Insurance, Family Insurance, family insurance package, H1N1 insurance, Health Insurance, Insurance, Insurance Agencies, Insurance Agent, Insurance Consultants, insurance education plan, insurance for baby, insurance for couple, insurance for kids, insurance for lady, insurans anak, insurans keluarga, Life Insurance, Malaysia, malaysia family insurance, medical card, No.1 Insurance in Malaysia, pelaburan insurans, pelaburan unit amanah, prucash premier, prudential best insurance in malaysia, prudential brochure, prudential insurance for company, prudential insurance for corporate, prudential insurance for group, Prudential Malaysia, Prudential Medical Card, pruguard my family, PruHealth Malaysia, prulady, PRUretirement accumulator, PRUretirement growth, Savings Investment, Travel Insurance, Unit Trust,

Contact Prudential Malaysia Insurance Agent


Print this page