PRUsmart gain

  • prusmart-gainprusmart-gain

    The smart way to achieve your goals

Overview

We understand that you always have your eyes on the big moments in your life. You can achieve almost anything you want, if you start saving now. Whatever your dreams are, PRUsmart gain prepares you in a smart way to be ready for your future. A medium to long-term savings and investment plan, plus more smart benefits!

 

PRUsmart gain, the smart way to achieve your goals!

Benefits

One policy, 5 great guarantees!

GUARANTEED CASH PAYMENT1
Whether you choose to spend or to save further, the choice is entirely yours.

GUARANTEED MATURITY BENEFIT1
Enjoy a lump-sum payout at the end of the policy.

GUARANTEED POLICY ACCEPTANCE2
Guaranteed Issuance Offer!

GUARANTEED POLICY SUSTAINABILITY
No-Lapse Guarantee1

GUARANTEED BASIC PREMIUM
Same throughout the payment term!

Plus more smart benefits

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Opportunity to gain more!
Enjoy the potential upside of professionally managed investment-linked funds.

Enhance your protection needs!
Safeguard your loved ones with our optional Premium Paying Riders. Prudential pays for your basic premiums during an unfortunate event.

1 Subject to all premiums being paid up to date and within the grace period.
2 No medical underwriting is required if your entry age is up to ANB 60, purchase the basic plan only and your Sum Assured for this product per life is RM300,000 or less.

Benefits Table

Premium Payment Term and Policy Term
Premium Payment Term Policy Term
3 years 15 years
5 years 15 years
20 years
30 years
10 years 20 years
30 years
Death/ Total and Permanent Disability (TPD)

Higher of:

  1. 125% of the total Basic Premium paid less GCP pay-out for entry age ANB 1 to 50 (or 105% of the total Basic Premium paid less GCP pay-out for entry age ANB 51 to 65 or Sub-standard life); or
  2. The Basic Unit Account (BUA) account value; or
  3. RM5,000;

and the Investment Unit Account (IUA) account value (if any) and accumulated GCP with interest (if any).

Note: TPD Benefit expires at the policy anniversary date before the Life Assured attains age 70.

Guaranteed Cash Payment (GCP)

Provided No-Lapse Guarantee is in effect, the following GCP will be payable at the end of every policy year:

3 Pay 15 5 Pay 15
End of Policy Year % of Sum Assured End of Policy Year % of Sum Assured
1 - 5 4% 1 - 5 6%
6 - 10 6% 6 - 10 12%
11 - 15 12% 11 - 15 20%
Total 110% Total 190%
5 Pay 20 & 10 Pay 20 5 Pay 30 & 10 Pay 30
End of Policy Year % of Sum Assured End of Policy Year % of Sum Assured
1 - 5 6% 1 - 10 6%
6 - 15 12% 11 - 25 12%
16 - 20 20% 26 - 30 20%
Total 250% Total 340%

You can choose to receive your GCP based on these options:

  1. Receive the GCP pay-out annually (default option); or
  2. Invest the GCP pay-out in the Investment Unit Account (IUA) at 100% allocation; or
  3. Keep the GCP pay-out with Prudential to accumulate interest*.

You may change the option at any time and shall take effect on next GCP pay-out.

*The prevailing interest rate may vary from time to time and is non-guaranteed.

Maturity Benefit
  1. Provided No-Lapse Guarantee is in effect, the higher of:
    1. The Guaranteed Maturity Benefit based on the % of Sum Assured below:
      Premium Payment Term (Years) Policy Term (Years)
      15 20 30
      3 158%    
      5 178% 188% 198%
      10   188% 198%

      or
    2. The BUA account value;
      and the IUA account value (if any) and accumulated GCP with interest (if any) will be payable in one lump sum.
  2. If No-Lapse Guarantee is revoked, the BUA account value and the IUA account value (if any) and accumulated GCP with interest (if any) will be payable in one lump sum.
No-Lapse Guarantee Your policy will not lapse even when the value of the units in the BUA falls to zero, provided all premiums are paid up to date and within the grace period.

Eligibility

Age of Entry

Child - age 1 to 18 next birthday (ANB)
Adult - age 19 to 65 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).