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PRUterm

Specially prepared for:


razali

Prepared by: razali


Prudential Assurance Malaysia Berhad (PAMB) is a licensed insurance company and is regulated by Bank Negara Malaysia (BNM).

Product Disclosure Sheet for


PRUterm

Please read this Product Disclosure Sheet before you decide to take out the PRUterm. Be sure to also read the general terms and conditions.
The information provided in this disclosure sheet is valid as at 18/11/2015
1. What is this product about?
PRUterm is a regular premium level term plan. This policy offers insurance protection for 5 years. It pays a lump sum death benefit if you die or suffer total
and permanent disability before age 60 during the term of the policy.
2. What are the covers/benefits provided?
This policy provides:
Death Benefits*:

RM200,000

Total & Permanent Disability Benefit*:


Lump sum

RM200,000
1

Critical Illness Benefit:


Lump sum

RM100,000

Room and Board

NA

Hospital and Surgical Benefit

NA

Outpatient Treatment Benefit

NA

subject to
co-insurance

Reimbursement of medical expenses up to


Annual limit on benefits payable NA

Accident Benefit:
Death (accidental)

Medical Benefit:

NA

Aggregate lifetime limit payable

NA

Income
- Temporary Total Disability

NA

- Temporary Partial Disability NA

*May differ if the duration of the term riders is different from the basic plan's.
Reminder: Please refer to the sales illustration for more information about the benefits and term 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 have to 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 RM683.50 annually. This estimated premium is inclusive of GST, if applicable.
You are required to pay the premium for 5 years. You are given one month's grace period after the due date for the payment of premium. Please refer to
Sales Illustration for details of premiums payable during the policy term.
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 premium rates for other benefits at policy anniversary by giving 30-day prior notice for PRUmajor med 5 (if any) and PRUmed
(if any) and 90-day prior notice for other benefits.
4. What are the fees, charges and taxes I have to pay?
There will be a policy fee of RM26.50 annually.
A surrender charge will be levied if you surrender the policy before the end of the policy term.
The fees and charges shown above are inclusive of 6% Goods and Services Tax (GST). GST at 6% or the prevailing rate may be 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 AIDS due to Blood Transfusion, Alzheimer's Disease, APALLIC Syndrome, Aplastic Anaemia, Bacteria Meningitis,
Benign Brain Tumor, Blindness, Brain Surgery, Cancer, Chronic Liver Disease, Chronic Lung Disease, Coma, Coronary Arteri Disease Requiring Surgery,
Deafness, Encephalitis, Full Blown AIDS, Fulminant Viral Hepatitis, Heart Attack, Heart Valve Replacement, Kidney Failure, Loss of Limbs, Loss of
Speech, Major Burns, Major Head Trauma, Major Organ Transplant, Motor Neurone Disease, Multiple Sclerosis, Muscular Dystrophy, Other Serious
Coronary Artery Disease, Paralysis, Parkinson's Disease, Poliomyelitis, Primary Pulmonary Arterial Hypertension, Stroke, Surgery to the Aorta and
Terminal Illness.

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 Insurance

Qualifying / waiting period The eligibility for


Critical illness benefits under the policy will only start 60 days after the effective date of the policy for heart attack, 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 it is a suicide within the first year, 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
Critical illness benefit is not paid for
(a) pre-existing condition except for Cancer, Heart Attack and Coronary Artery Disease in which 60 days waiting period applies.
(b) illness caused by AIDS or HIV infection, except for "AIDS due to blood transfusion" and "Full blown AIDS".
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 unless your policy
has acquired cash value. 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 the 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
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.
2

Applicable to Crisis Cover Plus and PRUmajor med 5

PRUDENTIAL ASSURANCE MALAYSIA BERHAD


NON PAR SALES ILLUSTRATION

Life Assured's Details


Name

: Traditional Non-Participating
Plan Type
Premiums
: RM 683.50
Payment Frequency : Yearly
Payment Mode
: Cash / Cheque

: razali

Gender
: Male
Age Next Birthday : 23
Smoking Status : No
Occupation Class : Class 1
Details Of Plan
Name Of Plan
Non-par

Term (Years)
PRUterm
Crisis Cover Plus

Sum Assured (RM)

5
10

Premiums (RM)

100,000.00
100,000.00

287.00
370.00

*Policy Fees

26.50
Total

Premium Payable by Cash / Cheque:

First 5 years
Above 6 years

683.50

Yearly

Half-yearly

Quarterly

Monthly

RM

RM

RM

RM

683.50
396.50

345.39
200.39

175.83
101.83

60.33
35.33

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.

Introduction
1. This sales illustration shows the illustration for the Non-participating policy, brief description of the plan and its conditions.
2. A non-par policy (with term policy of 20 years or more) acquires cash value after at least 3 years premiums have been paid and the policy has been
inforce for at least three years. There is no cash value payable in the event of surrendering the supplementary benefits.
3. If you are unable to pay premiums and your policy has acquired cash value, the Company will automatically advance premiums on the security of
the cash value under the Automatic Premium Loan Scheme. You will continue to enjoy the benefits until the premium loan plus interest is greater
than the cash value.
4. You should check that the plan meets your needs and that you can afford to pay the premiums throughout the term of the plan. If you need
clarification, please contact your insurance agent/wealth planner.

Presented by :
Date:
Version :

razali z1a00022
18 Nov, 2015
SQS - Agency ver 5.6.0.4

Page 1 of 3

Traditional Non-Participating For razali


Illustration Of Benefits and Charges
GUARANTEED
Year

Age

1
2
3
4
5
6
7
8
9
10

24
25
26
27
28
29
30
31
32
33

(a)
Total Premium
Paid at
Beginning of
Year

(b)
Cash Value*

682.00
682.00
682.00
682.00
682.00
395.00
395.00
395.00
395.00
395.00

(c)
Death
Benefit**

0
0
0
0
0
0
0
0
0
0

200,000
200,000
200,000
200,000
200,000
100,000
100,000
100,000
100,000
100,000

Direct Distribution Cost***


(d)
Critical
Illness
Benefit

100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000
100,000

(e)
Surrender
charge

Percentage of
Total Premium
(%)
0
0
0
0
0
0
0
0
0
0

22.24
14.76
9.03
7.26
3.74
5.00
0.00
0.00
0.00
0.00

Actual
Amount
(RM)
151.68
100.70
61.57
49.55
25.49
19.75
0.00
0.00
0.00
0.00

Note: Premiums shown and/or referenced to in the illustration above are exclusive of Goods & Services Tax (GST), if any.
* Cash values are net of surrender charge.
** Provided no critical illness claim has been made.
*** Cost directly attributable to the distribution channel for the sale/marketing of this policy, i.e. payments to agent/wealth planner. This cost is borne
by you and paid from your premium for services that the agent/weath planner will provide to you for the duration of your policy. The agent/wealth
planner may be entitled to production bonus and persistency bonus during the first three years of the policy provided that the agent/wealth planner
meets the qualifying criteria set by the insurer.

Presented by :
Date:
Version :

razali z1a00022
18 Nov, 2015
SQS - Agency ver 5.6.0.4

Page 2 of 3

Traditional Non-Participating For razali


Brief Description Of The Plan
Term Assurance
Crisis Cover Plus is a level term assurance which pays the sum assured on total & permanent disability before age 60, diagnosis of a critical
illness or death.
PRUterm is a level term assurance which pays the sum assured on total & permanent disability before age 60 or death.

Conditions
Death
If it is a suicide within the first year, all premiums paid (excluding GST, if any) will be returned without interest.
Total and Permanent Disability
In the event of total and permanent disability before age 60, one lump sum payable under all policies with the Company on any one life is up to
RM1 million. Any excess will be paid on the anniversary of the disability subject to proof of continued disability. Upon earlier death, the balance
shall be payable.
Total and permanent disability shall mean:
- 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
Diagnosis Of A Critical Illness Benefit
A total of 36 critical illnesses are covered under the Crisis Cover products
Heart attack, Coronary artery disease requiring surgery, Stroke, Cancer, Kidney failure, Paralysis, Major organ transplantation, Multiple sclerosis,
Fulminant viral hepatitis, Primary Pulmonary arterial hypertension, Coma, Blindness, Heart valve replacement, Surgery to the aorta, Alzheimer's
disease, Deafness, Loss of speech, Major burns,Terminal illness, AIDS due to blood transfusion, Motor neurone disease, Parkinson's disease,
Chronic liver disease, Chronic lung disease, Aplastic anaemia, Muscular dystrophy, Poliomyelitis, Bacteria meningitis, Benign brain tumor,
Encephalitis, Full blown AIDS, other serious coronary artery disease, Brain surgery, APALLIC syndrome, Major head trauma, Loss of limbs.
Critical illness benefit is not paid for
(a) symptoms of illness occur prior to or within 30 days after the policy has commenced, except for Cancer, Heart Attack and Coronary Artery
Disease in which 60 days waiting period applies.
(b) illness is directly or indirectly caused by the existence of AIDS or the presence of any HIV infection, except for " AIDS due to blood
transfusion" and "Full blown AIDS".

Presented by :
Date:
Version :

razali z1a00022
18 Nov, 2015
SQS - Agency ver 5.6.0.4

Page 3 of 3

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