PRUmax

  • prumax-plusprumax-plus

    Maximise your protection with plus size benefits

Overview

Enjoy the one plan that provides you with long-term savings and comprehensive protection for a worry-free life. Start now and ensure a secure future with PRUmax plus - a plan that helps you to save monthly and maximise your protection while giving you plus size benefits.

 

PRUmax plus is one of the smartest ways to help your hard-earned money work for you!

Benefits

Up to 2X Basic Sum Assured

for Non-accidental Death/Non-accidental Total & Permanent Disability (TPD)1/Terminal Illness

Up to 4X Basic Sum Assured

for Accidental Death2/Accidental Total & Permanent Disability (TPD)1

Up to 60 months of income

upon Critical Illness

Waiver of premium

upon Critical Illness

Refund upon maturity

Up to 140%3 refund of premium4 upon maturity

Guaranteed cash payment

4% of Basic Sum Assured every 2 years

1 TPD benefit will cease upon attaining the age of 70.
2 Upon Accidental Death after age 70, 200% of the Basic Sum Assured will be payable.
3 If you purchase policy term of 50 years.
4 Including any premiums waived.

Benefits Table

Premium Payment Term and Policy Term
Premium Payment Term Policy Term
10 years 20 years
30 years
20 years 30 years
40 years
50 years
Non-accidental Death / Non-accidental Total and Permanent Disability (TPD)1 / Terminal Illness Benefit (TI)3

Sum Assured applicable
or
Surrender Value
or
125% of your total premiums paid (including any premiums waived), whichever is higher.

Sum Assured applicable is in accordance to the table below:

Policy Year % of Basic Sum Assured
1 100%
2 - 4 150%
5 onwards 200%
Accidental Death/ Accidental Total and Permanent Disability (TPD)1 Benefit
Before attaining age 70 400% of Basic Sum Assured
or
Surrender Value
or
125% of your total premiums paid (including any premiums waived), whichever is higher.
Attained age 70 and above 200% of Basic Sum Assured
or
Surrender Value
or
125% of your total premiums paid (including any premiums waived), whichever is higher.
Waiver of Premium Benefit Upon diagnosis of a CI, the remaining premiums of the policy will be waived. The policy will remain in-force until a death, TPD or TI claim is made, or maturity, whichever is earlier.
Critical Illness (CI) Income Benefit

Upon diagnosis of a CI2, the policy pays a monthly income equivalent to the monthly premium of your plan.

The benefit is payable up to a maximum of 60 monthly payments, death, TPD, TI, surrender or maturity, whichever is earlier, provided that the Life Assured survived 30 days from and including the date the Life Assured is diagnosed as suffering from a CI.

Guaranteed Cash Payment

4% of Basic Sum Assured (BSA) every 2 years starting from the end of Policy Year 2 up to and including maturity.

You can choose to receive your Guaranteed Cash Payment based on these options:

  1. Receive the Guaranteed Cash Payment; or

  2. Accumulate the Guaranteed Cash Payment and earn compounded interest during the entire coverage term.

You can also change between Option 1 and Option 2 at any time. The compounded interest earned under Option 2 is not guaranteed and subject to change.

Maturity Benefit

The following percentage of total premiums paid (including any premiums waived) is payable:

Premium Term (Years)
Coverage Term (Years)  
20 30 40 50  
10 100% 100% N/A N/A
20 N/A 100% 120% 140%


1 Total and Permanent Disability (TPD) benefit will cease upon attaining age 70.

2 The Critical Illnesses (CI) covered are Stroke, Heart Attack, Kidney Failure, Cancer, Coronary Artery By-Pass Surgery, Serious Coronary Artery Disease, End-Stage Liver Failure, Fulminant Viral Hepatitis, Coma, Benign Brain Tumor, Paralysis Of Limbs, Blindness, Deafness, Third Degree Burns, HIV Infection Due To Blood Transfusion, Full-Blown AIDS, End-Stage Lung Disease, Encephalitis, Major Organ / Bone Marrow Transplant, Loss Of Speech, Brain Surgery, Heart Valve Surgery, Loss Of Independent Existence, Bacterial Meningitis, Major Head Trauma, Chronic Aplastic Anemia, Motor Neuron Disease, Parkinson’s Disease, Alzheimer’s Disease / Severe Dementia, Surgery To Aorta, Multiple Sclerosis, Primary Pulmonary Arterial Hypertension, Medullary Cystic Disease, Cardiomyopathy and Systemic Lupus Erythematosus With Severe Kidney Complications.

3 Before the Life Assured reaches the age of five next birthday, the Amount of Benefit for Non-accidental Death Benefit, Non-accidental TPD Benefit or Terminal Illness Benefit that we pay shall be in line with the following Scale of Benefit:

Age Next Birthday (years) Percentage (%) of the Amount of Benefit Payable
1 20
2 40
3 60
4 80
5 and above 100

Amount of Benefit refers to the Sum Assured applicable. In the event that the Amount of Benefit payable after applying juvenile lien is lower than 125% of the total premiums paid (including the portion of premiums waived, if any) or surrender value at the date of event, we shall pay the higher of either 125% of the total premiums paid (including the portion of premiums waived, if any) or the surrender value. Juvenile lien is not applicable to Accidental Death, Accidental TPD, Guaranteed Cash Payment, Waiver of Premium or Critical Illness Income benefit.

Eligibility

Age of Entry

Child - age 1 to 15 next birthday (ANB)
Adult - age 16 to 50 next birthday (ANB)

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).