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Please read this Product Disclosure Sheet before you decide to take up PRUcash. Be sure to also read the general terms and conditions. The
information provided in this disclosure sheet is valid as at 14/1/2017.
1. What is this product about?
PRUcash is an anticipated endowment plan that participates immediately in profits. This policy offers a combination of protection and savings for 20
years. It pays a lump sum benefit either at maturity of the policy, upon death or upon the occurrence of Total and Permanent Disability before age 60
during the term of the policy, whichever is earlier.
2. What are the covers/benefits provided?
Duration: Term of the contract 20 years
This policy provides:
Death Benefit:
NA
Survival Benefit:
NA
NA
NA
NA
NA
Medical Benefit:
Room and Board
Hospital and Surgical Benefit
Outpatient Treatment Benefit
Reimbursement of medical
expenses up to
Waiver 1 Benefit:
Waiver on life assured's life
Waiver on parent's life
Waiver on spouse's life
Maturity Benefit:
NA
NA
NA
NA
Yes
NA
NA
RM55,000 plus bonuses
(if any)
Reminder: Please refer to the sales illustration for more information about the benefits of the basic plan and its riders.
It is important to select a plan that suits your financial goals.
3. How much premium do I have to pay?
The total premium that you pay and the policy terms may vary depending on the underwriting requirements of the insurance company.
The estimated initial premium that you have to pay is RM502.14 monthly. This estimated premium is inclusive of GST, if applicable.
You are required to pay the premium for 20 years. Please refer to Sales Illustration for details of premiums payable during the policy term.
You are given one month's grace period after the due date for the payment of premium.
The premium above is applicable to standard risks only. Premium rates for basic coverage for death / TPD are guaranteed. However, the Company
reserves the right to revise the premium rates for other benefits at policy anniversary by giving 30-day prior notice for PRUmajor med 5 (if any) and
90-day prior notice for other benefits.
4. What are the fees, charges and taxes I have to pay?
A surrender charge will be levied if you surrender the policy before the end of the policy term.
Goods and Services Tax (GST) at 6% or the prevailing rate charged on any of the premiums, charges or other payments due and payable under
this policy, where applicable. Please refer to the Sales Illustrations for implications of GST.
1
The 36 critical illnesses covered are Stroke, Heart Attack, Kidney Failure, Cancer, Coronary Artery By-Pass Surgery, Serious Coronary Artery
Disease, Angioplasty And Other Invasive Treatments For 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, EndStage 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, Parkinsons Disease,
Alzheimers Disease / Severe Dementia, Surgery To Aorta, Multiple Sclerosis, Primary Pulmonary Arterial Hypertension, Medullary Cystic Disease,
Cardiomyopathy and Systemic Lupus Erythematosus With Severe Kidney Complications.
*Angioplasty and Other Invasive Treatments for Coronary Artery Disease is excluded under payor/waiver riders.
5. What are some of the key terms and conditions that I should be aware of?
General
Importance of disclosure - when answering any question asked by us, you must disclose all relevant facts such as medical condition and state
your age correctly. If the insurance policy is intended wholly for your personal purposes, you must take reasonable care to disclose any facts
that you know to be relevant to us and not to mislead us.
Your above duty of disclosure continues until the policy is issued.
Free-look period - you may cancel your policy by returning the policy within 15 days after the policy has been delivered to you. The premiums that
you have paid (less any medical fee incurred) will be refunded to you.
If you do not pay your premiums within the grace period, your policy may lapse. Please refer to your policy contract for provisions of reinstatement.
For Medical and Health Insurance2
Qualifying / waiting period The eligibility for
o Critical illness benefits under the policy will only start 60 days after the effective date of the policy for heart attack, coronary artery by-pass
surgery, serious coronary artery disease and cancer and 30 days for all other illnesses
Note: This list is non-exhaustive. Please refer to the policy contract for the full list of terms and conditions under this policy.
6. What are the major exclusions under this policy?
If death due to suicide within the first year from the commencement date of the policy or the date of policy revival, all premiums paid (excluding
GST, if any) will be returned without interest.
Total and Permanent Disability benefit is not payable if the disability is directly or indirectly caused by
(a) any attempted suicide or self-inflicted injury whether attempted/inflicted while sane or insane; or
(b) any travelling in an aircraft other than as a pilot or a member of a crew or a fare paying passenger in a commercial aircraft licensed for
passenger service on scheduled flights over established routes only; or
(c) any participation in any aerial sporting activities such as hang-gliding, ballooning, parachuting, sky-diving, bungee jumping and other such
similar activities
This policy does not cover pre-existing condition
Note: This list is non-exhaustive. Please refer to the conditions for Death, Total and Permanent Disability, Critical Illness in Appendix and
policy contract for more details about the major exclusions under this policy.
7. Can I cancel my policy?
Buying a life policy is a long-term financial commitment. If you do not pay your premiums within the grace period, your policy may lapse. If your
policy comes with cash value, the amount that the insurance company will pay you when you cancel the policy before the maturity period will be
lesser than the total amount of premium that you have paid. You may cancel your policy by giving a written notice to the insurance company.
8. What do I need to do if there are changes to my contact details?
It is important that you inform us of any change in your contact details to ensure that all correspondences reach you in a timely manner.
9. Where can I get further information?
Should you require additional information about life insurance and medical & health insurance, please refer to the insuranceinfo booklet on Life
Insurance and Medical & Health Insurance, available at all our branches or you can obtain a copy from your insurance agent or visit
www.insuranceinfo.com.my. If you have any enquiries, please contact us at:
Prudential Assurance Malaysia Berhad
Menara Prudential, 10 Jalan Sultan Ismail,
50250 Kuala Lumpur, Malaysia.
Tel: 03-2031 8228 Fax: 03-2032 3939
E-mail: customer.mys@prudential.com.my
10. Other similar types of plan available
Please ask your insurer/agent/wealth planner for other similar types of plans offered by the insurer.
IMPORTANT NOTE:
BUYING LIFE INSURANCE POLICY IS A LONG-TERM FINANCIAL COMMITMENT. YOU MUST CHOOSE THE TYPE OF POLICY THAT BEST
SUITS YOUR PERSONAL CIRCUMSTANCES. YOU SHOULD READ AND UNDERSTAND THE INSURANCE POLICY AND DISCUSS WITH THE
AGENT OR CONTACT THE INSURANCE COMPANY DIRECTLY FOR MORE INFORMATION. IT IS IMPORTANT THAT ANY RECEIPT THAT YOU
RECEIVE SHOULD BE KEPT AS PROOF OF PAYMENT OF PREMIUMS.
Applicable to PMM5, Crisis Cover Plus, Crisis Cover Plus (Parent), Crisis Cover Income, Crisis Cover Benefit, Crisis Cover Benefit (PRUmortgage),
Accidental Medical Reimbursement, PRUwaiver, Parent waiver, Spouse waiver
: sis
Product
: PRUcash
Plan Type
: Endowment Participating
: RM 502.14
Date of birth
: 11/2/1992
Premiums
: 25
Sex
: Male
Payment Mode
: Credit Card
Smoking Status
: No
Survival Benefit
Occupation Class
: Class 2
Details Of Plan
Name of Plan
Premium (RM)
Participating Policy
Basic:
PRUcash
20
Riders:
* PRUwaiver
20
20
55,000.00
475.20
5.49
Non-Participating Policy
Basic:
Yearly (RM)
5,707.06
55,000.00
21.45
502.14
GST Payable @ 6%
0.31
Half-yearly (RM)
2,882.17
Quarterly (RM)
Monthly (RM)
1,469.72
502.14
Note: Some products may be subject to Goods and Services Tax (GST). Where * is indicated beside the product's name, that product shall be subject to
GST and premiums shown for that product is inclusive of GST.
Presented by :
Date:
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Summary of Illustration
This is a summary of what this policy offers and how much it costs you to buy this policy. It also displays the option that you should consider
before purchasing this policy.
(?) What you should know?
(?)
(#)
PRUcash
PRUterm1
Premium Payment
RM 5,768.28 x 20 years =
RM 115,365.60
RM 600.00 x 20 years =
RM 12,000.00
Coverage Term 2
20 years
RM 8,704.49
20 years
RM 903.63
Guaranteed Benefits
Amount company promises to pay
3,7
RM 55,000
Presented by :
Date:
Version :
RM 176,538
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PRUcash
Guaranteed Benefits
RM 55,000
At maturity 4
PRUterm1
Non-Guaranteed Benefits
The company may or may not pay the following
amount
Scenario A: RM 92,713
At maturity 5
Scenario B: RM 73,217
Your Annualised Return 6
Net gain/loss if held to maturity
Guaranteed benefits
-4.7% p.a.
PRUterm policy for comparison with the PRUcash policy, is based on the closest coverage term and sum assured available.
The coverage term is referring to the coverage term for basic plan. For the attached riders coverage term, please refer to the Details of
Plan on Page 1 of the Sales Illustration.
In the event of claim arising from Total and Permanent Disability, diagnosis of a critical illness or death on life of the child before age 5 next
birthday, juvenile lien applies. Please refer to the illustration table for the death benefit payable.
This amount includes the final year Survival Benefit (if any).
Annualised return (net gain/loss) is the estimated average investment return on the survival/ savings benefits that you will
receive over the period of the policy until its maturity with respect to the premium that you paid. However, the
actual annualised return of your policy can only be determined when your policy matures.
Benefit is payable for PRUcash policy upon TPD before age 60. Benefit is payable for PRUterm policy upon TPD before age 60.
(#) If you are looking for insurance policy with savings element, you may wish to compare the return of this policy with the effective returns of
other investment alternatives.
(!)
You may only receive the guaranteed amount upon survival/ surrender/ death/ maturity.
Note: Premiums shown in the table above are inclusive of Goods and Services Tax (GST). Please refer to the Details of Plan on Page 1 of the
Sales Illustration for the products that are subjected to Goods and Services Tax (GST).
Presented by :
Date:
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End of
Policy
Year
Age
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
Total Premium
Paid
Each Year
(RM)
6,021.96
6,021.96
6,021.96
6,021.96
6,021.96
6,021.96
6,021.96
6,021.96
6,021.96
6,021.96
6,021.96
6,021.96
6,021.96
6,021.96
6,021.96
6,021.96
6,021.96
6,021.96
6,021.96
6,021.96
Survival Benefit
(RM)
Guaranteed
Cash
Payment Each
Year
Scenario A
Scenario B
0
3,300
0
3,300
0
3,300
0
3,300
0
3,300
0
3,300
0
3,300
0
3,300
0
3,300
0
0
0
0
138
413
829
1,387
2,092
2,948
3,962
5,142
6,344
7,571
8,823
10,099
11,401
12,729
14,084
15,466
16,875
18,312
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Note: Premiums shown and/or referenced to in the illustration above are exclusive of Goods & Services Tax (GST), if any.
Total Survival Benefits received prior to maturity = RM 29,700
Maturity Benefit
Maturity Benefit will be paid on the policy maturity date which falls on your 20th policy anniversary. It is illustrated as follows:
Guaranteed
Total
Premium
Paid to
Date
(RM)
Maturity
Benefit
(RM)
120,439.20
55,000
Final Year
Survival
Benefit
(RM)
0
Non-Guaranteed
Total Reversionary
Bonus (RM)
Scenario A
18,312
Scenario B
0
Terminal Bonus on
Maturity (RM)
Scenario A
19,401
Scenario B
Scenario A
18,217
92,713
Scenario B
73,217
Note: Premiums shown and/or referenced to in the illustration above are exclusive of Goods & Services Tax (GST), if any.
(!) You may only receive the guaranteed amount periodically.
(?) Please refer to the notes in the next page for the assumptions used in the illustration table.
Presented by :
Date:
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How much
premium you
would have paid?
How much is
paid to the
intermediaries?
Age
Total Premium
Paid To Date
(RM)
Total Direct
Commission
To Date (RM)
Guaranteed
Non-Guaranteed
What is payable
upon critical illness?
Non-Guaranteed
6,021.96
12,043.92
18,065.88
24,087.84
-----------------------30,109.80
-----------------------36,131.76
42,153.72
48,175.68
54,197.64
60,219.60
66,241.56
72,263.52
78,285.48
84,307.44
-----------------------90,329.40
-----------------------96,351.36
102,373.32
108,395.28
114,417.24
120,439.20
3,312.08
5,419.77
6,684.37
7,888.76
-----------------------8,490.96
-----------------------9,093.16
9,093.16
9,093.16
9,093.16
9,093.16
9,093.16
9,093.16
9,093.16
9,093.16
-----------------------9,093.16
-----------------------9,093.16
9,093.16
9,093.16
9,093.16
9,093.16
0
476
3,979
4,184
--------------7,043
--------------8,341
11,751
12,366
15,978
16,801
20,630
21,678
25,742
27,039
--------------31,364
--------------32,934
37,544
39,413
44,333
55,000
Non-Guaranteed
144
2,561
4,028
6,694
--------------8,439
--------------12,913
15,473
20,656
23,578
29,136
35,649
42,099
46,018
52,903
--------------57,276
--------------64,728
69,691
77,662
83,159
92,713
155
2,529
3,979
6,483
--------------8,063
--------------12,250
14,469
19,170
21,534
26,380
31,749
37,149
39,911
45,442
--------------48,336
--------------54,093
57,215
63,104
66,353
73,217
Scenario B
110,000
110,000
110,000
110,000
110,000
110,000
110,145
110,440
110,000
110,000
110,000
110,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
110,000
110,896
110,000
55,000
55,000
110,000
110,000
110,000
110,000
110,000
110,000
110,000
110,000
110,000
111,522
112,329
113,330
114,540
115,975
117,475
119,043
120,681
122,390
110,000
110,000
110,000
110,000
110,000
110,000
110,000
110,000
110,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
110,000
124,171
110,000
55,000
55,000
110,000
110,000
110,000
110,000
110,000
126,028
127,963
134,380
139,396
147,713
111,115
113,799
119,539
122,349
128,217
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
Note: Premiums shown and/or referenced to in the illustration above are exclusive of Goods & Services Tax (GST), if any.
1
Surrender value assumes that survival benefit for the year has not been paid out. If the policy is surrendered after survival benefit is paid out,
the guaranteed surrender value that you will receive will be lower than the amount illustrated. The final policy year surrender value is also the
guaranteed maturity value (inclusive of any survival benefit).
Provided no critical illness claim has been made. When Cash Booster is attached, the amount illustrated is based on non-accidental death
and excludes any Legacy Benefit payments eligible under Cash Booster. Please refer to Appendix for more information.
Inclusive of compound reversionary bonus, terminal bonus on surrender/death and Guaranteed benefits.
(!) You may only receive the guaranteed amount upon surrender/death.
(!)* If you cancel the policy before the maturity period, the amount that you will receive will be much less than the total amount of premium that
you have paid.
Presented by :
Date:
Version :
Guaranteed
Scenario A Scenario B
2626
1
2727
2
2828
3
2929
4
----------------------(!)*
3030
5
----------------------3131
6
3232
7
3333
8
3434
9
10 3535
11 3636
12 3737
13 3838
14 3939
----------------------(!)*
15 4040
----------------------16 4141
17 4242
18 4343
19 4444
20 4545
Page 5 of 14
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(?) The illustrations of Non-Guaranteed benefits have been prepared on two hypothetical investment scenarios:
a.Scenario A = Assumes the participating life fund earns 5% every year
b.Scenario B = Assumes the participating life fund earns 2% every year
The two rates are used purely for illustrative purposes to show the variability of non-guaranteed benefits under the different investment scenarios
and are NOT GUARANTEED. They do not represent upper and lower limits on the investment performance of the participating fund, and are not
the returns earned on the actual premiums paid for the life insurance product.
(?) The investment return rates earned i.e. performance of the life insurance fund in the previous five years are as follows:
Year
Actual Performance
2011
2012
2013
2014
2015
5.75%
7.27%
6.35%
4.82%
6.29%
The past investment performance of the fund is not an indication of its future performance. This is strictly the investment performance of
the insurance participating fund, and not the returns earned on the premiums. The actual returns earned on premiums at
maturity/surrender will be lower due to cost of insurance and expenses. You may also refer to the annual bonus statement for
information on actual past returns and future outlook of the participating life fund.
(?) Total direct commission is the amount received by the intermediary for the sale of this policy and services that the intermediary will
provide to you for the duration of your policy. The intermediary may be entitled to production bonus and persistency bonus during the
first three years of the policy provided that the intermediary meets the qualifying criteria set by the insurer.
Presented by :
Date:
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Page 6 of 14
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End of
Policy
Year
Age
Total Premium
Paid
Each Year
(RM)
Survival Benefit
(RM)
Guaranteed
Cash
Payment Each
Year
Non-Guaranteed Bonus
Scenario A
Scenario B
1
26
5,764.56
0
0
0
2
27
5,764.56
3,300
0
0
3
28
5,764.56
0
138
0
4
29
5,764.56
3,300
413
0
5
30
5,764.56
0
829
0
6
31
5,764.56
3,300
1,387
0
7
32
5,764.56
0
2,092
0
8
33
5,764.56
3,300
2,948
0
9
34
5,764.56
0
3,962
0
10
35
5,764.56
3,300
5,142
0
11
36
5,764.56
0
6,344
0
12
37
5,764.56
3,300
7,571
0
13
38
5,764.56
0
8,823
0
14
39
5,764.56
3,300
10,099
0
15
40
5,764.56
0
11,401
0
16
41
5,764.56
3,300
12,729
0
17
42
5,764.56
0
14,084
0
18
43
5,764.56
3,300
15,466
0
19
44
5,764.56
0
16,875
0
20
45
5,764.56
0
18,312
0
Note: Premiums shown and/or referenced to in the illustration above are exclusive of Goods & Services Tax (GST), if any.
Total Survival Benefits received prior to maturity = RM 29,700
(!) You may only receive the guaranteed amount periodically.
(?) Please refer to the notes in the next page for the assumptions used in the illustration table.
Presented by :
Date:
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Page 7 of 14
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How much
premium you
would have paid?
End of
Policy
Year
1
2
3
4
---------(!)*
5
---------6
7
8
9
10
11
12
13
14
---------(!)*
15
---------16
17
18
19
20
Total Premium
Paid To
Date
(RM)
Age
26
27
28
29
---------30
---------31
32
33
34
35
36
37
38
39
---------40
---------41
42
43
44
45
5,764.56
11,529.12
17,293.68
23,058.24
---------------------28,822.80
---------------------34,587.36
40,351.92
46,116.48
51,881.04
57,645.60
63,410.16
69,174.72
74,939.28
80,703.84
---------------------86,468.40
---------------------92,232.96
97,997.52
103,762.08
109,526.64
115,291.20
How much is
paid to the
intermediaries?
Total Direct
Commission
To Date
(RM)
3,170.51
5,188.11
6,398.66
7,551.57
---------------------8,128.03
---------------------8,704.49
8,704.49
8,704.49
8,704.49
8,704.49
8,704.49
8,704.49
8,704.49
8,704.49
---------------------8,704.49
---------------------8,704.49
8,704.49
8,704.49
8,704.49
8,704.49
What is payable
upon death?
Non-Guaranteed 3
Guaranteed
0
476
3,957
4,146
---------------------6,987
---------------------8,253
11,637
12,226
15,814
16,615
20,425
21,460
25,516
26,812
---------------------31,142
---------------------32,728
37,365
39,275
44,254
55,000
Guaranteed
Scenario A
Scenario B
144
2,561
4,006
6,656
-----------------8,383
-----------------12,825
15,359
20,516
23,414
28,950
35,444
41,881
45,792
52,676
-----------------57,054
-----------------64,522
69,512
77,524
83,080
92,713
155
2,529
3,957
6,445
-----------------8,007
-----------------12,162
14,355
19,030
21,370
26,194
31,544
36,931
39,685
45,215
-----------------48,114
-----------------53,887
57,036
62,966
66,274
73,217
Scenario A
Scenario B
55,000
55,000
55,000
55,000
55,000
55,000
55,145
55,440
55,000
55,000
55,000
55,000
55,000
55,896
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
56,522
57,329
58,330
59,540
60,975
62,475
64,043
65,681
67,390
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
69,171
55,000
55,000
55,000
55,000
55,000
55,000
71,028
72,963
79,380
84,396
92,713
56,115
58,799
64,539
67,349
73,217
Note: Premiums shown and/or referenced to in the illustration above are exclusive of Goods & Services Tax (GST), if any.
1
Surrender value assumes that survival benefit for the year has not been paid out. If the policy is surrendered after survival benefit is
paid out, the guaranteed surrender value that you will receive will be lower than the amount illustrated. The final policy year surrender
value is also the guaranteed maturity value (inclusive of any survival benefit).
When Cash Booster is attached, the amount illustrated is based on non-accidental death and excludes any Legacy Benefit payments
eligible under Cash Booster. Please refer to Appendix for more information.
Inclusive of compound reversionary bonus, terminal bonus on surrender/death and Guaranteed benefits.
(!) You may only receive the guaranteed amount upon surrender/death.
(!)* If you cancel the policy before the maturity period, the amount that you will receive will be much less than the total amount of premium
that you have paid.
Presented by :
Date:
Version :
Page 8 of 14
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(?) The illustrations of Non-Guaranteed benefits have been prepared on two hypothetical investment scenarios:
a.Scenario A = Assumes the participating life fund earns 5% every year
b.Scenario B = Assumes the participating life fund earns 2% every year The two rates are used purely for illustrative purposes to show
the variability of non-guaranteed benefits under the different investment scenarios and are NOT GUARANTEED. They do not represent
upper and lower limits on the investment performance of the participating fund, and are not the returns earned on the actual premiums
paid for the life insurance product.
(?) The investment return rates earned i.e. performance of the life insurance fund in the previous five years are as follows:
Year
Actual Performance
2011
2012
2013
2014
2015
5.75%
7.27%
6.35%
4.82%
6.29%
The past investment performance of the fund is not an indication of its future performance. This is strictly the investment performance of the
insurance participating fund, and not the returns earned on the premiums. The actual returns earned on premiums at maturity/surrender will be
lower due to cost of insurance and expenses. You may also refer to the annual bonus statement for information on actual past returns and
future outlook of the participating life fund.
(?) Total direct commission is the amount received by the intermediary for the sale of this policy and services that the intermediary will provide to
you for the duration of your policy. The intermediary may be entitled to production bonus and persistency bonus during the first three years of
the policy provided that the intermediary meets the qualifying criteria set by the insurer.
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Age
Premium Paid
Each Year
(RM)
Surrender
Value
(RM)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
257.40
257.40
257.40
257.40
257.40
257.40
257.40
257.40
257.40
257.40
257.40
257.40
257.40
257.40
257.40
257.40
257.40
257.40
257.40
257.40
0
0
22
38
57
88
114
140
164
186
205
218
226
227
221
206
179
138
79
0
Death Benefit
(RM)
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
Critical
Illness
Benefit(RM)
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
55,000
Note: Premiums shown and/or referenced to in the illustration above are exclusive of Goods & Services Tax (GST), if any.
1
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Important Notes
Policyholders are able to choose to leave the guaranteed survival benefit with the Company to be accumulated at an interest rate which may vary
from time to time at the discretion of the Company. The current interest rate is 5% p.a.
Reversionary and Terminal Bonuses, which may be more or less than illustrated, are NOT GUARANTEED and will depend on the actual operating
and investment results experienced by the Companys participating life fund.
In this quotation, the following assumptions are used:a. Compound Reversionary Bonus illustrated as follows:-
Policy Year
Scenario A
Scenario B
1
2
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2.50
0.25
0.00
0.00
5.00
0.50
0.00
0.00
7.50
0.00
0.00
10.00
0.75
1.00
0.00
0.00
12.50
1.25
0.00
0.00
15.00
1.50
0.00
0.00
17.50
1.75
10 and above
20.00
2.00
0.00
0.00
0.00
0.00
b. Terminal Bonus, which is based on the current product design and expected future experience of the Company's participating life fund, will
only be paid if the net returns earned by the Company enable it to pay such bonus and the quantum may be more or less than illustrated. This
is a non-guaranteed bonus which is payable when your policy ends - upon death, maturity or if you choose to surrender your policy. The
terminal bonus is usually designed to give policyholders a fair share of the past operating and investment results experienced by the
Company, and this can make up a significant portion of the final payout.
Bonuses declared in the first two policy years will only vest after the policy has been inforce for two policy years.
After your plan has acquired a cash value and if you are unable to pay premiums, the Company will automatically advance premium on the security
of the cash value under the Automatic Premium Loan Scheme. You will continue to enjoy the benefits under the plan until the premium loan plus
interest is greater than the cash value.
If you decide to terminate your plan early, you may receive the cash value that may be less than the amount of premiums that you have paid. If the
surrender value is less than RM100 at the point the policy is surrendered, the surrender value will not be payable.
You should check that the plan meets your needs and that you can afford to pay the premiums throughout the term of the plan.
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Reversionary Bonus
This is a non-guaranteed bonus which is allocated and added to the sum assured of a participating policy, usually on an annual basis. Once
allocated, their values are guaranteed provided you continue to pay the premiums as stated in your policy contract.
However, if you choose to surrender your policy, you may not receive the full amount of the allocated bonuses. The amount of the bonuses
payable may be significantly lower compared to those payable if you keep your policy until maturity, or on earlier death.
ii.
Terminal Bonus
This is a non-guaranteed bonus which may be payable when your policy ends - upon death, maturity or if you choose to surrender your policy.
The terminal bonus is usually designed to give policy owners a fair share of the profits earned by the participating life fund.
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Appendix
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Conditions
Appendix
while below the age of sixteen (16) years, suffers an accident or illness / sickness and as a direct result of such accident or illness/sickness that
(a) requires constant care and attention; and
(b) is confined to his home under medical supervision or in a hospital or similar institution
while aged sixteen (16) years but below the age of sixty-one (61) years
(a) becomes permanently and completely unable to engage in any occupation and is permanently and completely unable to perform any work for
remuneration or profit; or
(b) totally and irrecoverably loses sight in both eyes; or
(c) totally and irrecoverably loses by severance one limb each at or above his wrist and ankle, or two limbs at or above his wrist or ankle; or
(d) totally and irrecoverably loses sight in one eye and totally and irrecoverably loses by severance one limb at or above the wrist or ankle.
Disability must be permanent and must last for a minimum period of 6 consecutive months.
No benefit is paid if the disability is directly or indirectly caused by
(a) any attempted suicide or self-inflicted injury whether attempted/inflicted while sane or insane; or
(b) any traveling in an aircraft other than as a pilot or a member of a crew or a fare paying passenger in a commercial aircraft licensed for passenger
service on scheduled flights over established routes only; or
(c) any participation in any aerial sporting activities such as hang-gliding, ballooning, parachuting, sky-diving, bungee jumping and other such similar
activities
Critical Illness
A total of 36 critical illnesses are covered under the Crisis Cover products:
Stroke, Heart Attack, Kidney Failure, Cancer, Coronary Artery By-Pass Surgery, Serious Coronary Artery Disease, Angioplasty And Other Invasive
Treatments For 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, Parkinsons Disease, Alzheimers Disease / Severe Dementia, Surgery To
Aorta, Multiple Sclerosis, Primary Pulmonary Arterial Hypertension, Medullary Cystic Disease, Cardiomyopathy and Systemic Lupus
Erythematosus With Severe Kidney Complications.
*Angioplasty and Other Invasive Treatments for Coronary Artery Disease is excluded under payor/waiver riders
Critical illness benefit is not paid if
(a) symptoms of illness occur prior to or within 30 days after the policy has commenced, except for Cancer, Heart Attack,
Coronary Artery By-Pass Surgery and Serious Coronary Artery Disease in which a 60-day waiting period applies.
(b) illness is directly or indirectly caused by the existence of AIDS or the presence of any HIV infection, except for "HIV Infection
Due To Blood Transfusion" and "Full-Blown AIDS".
(c) the illness results directly or indirectly from congenital or inherited disorder and the age of entry is 6 months or less.
(d) the Life Assured is diagnosed to suffer from deafness and the age at entry is 2 years or less.
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