Tag Archives: Pru Health Malaysia

Britain’s Prudential to buy AIA for $35.5 billion

britains prudential to buy aia for 35 5 billion111 - Britain's Prudential to buy AIA for $35.5 billion

Prudential taps Asia sovereign funds over AIA deal

British insurer Prudential is tapping sovereign wealth funds in China and Singapore to help finance its 35.5 billion dollar buyout of US insurance giant AIG’s Asian arm, a report said Tuesday.

The Financial Times quoted unidentified sources as saying that Prudential and its advisers were in talks with the sovereign wealth funds to support a planned 20 billion-dollar share offer for AIA.

It said the Singaporean and Chinese sovereign wealth funds had not made a final decision but their response was positive.

Singapore’s Temasek Holdings and China Investment Corp (CIC), among the region’s major sovereign wealth funds, would not comment on whether they had been approached by the British insurer.

“It is inappropriate for us to comment on market speculation,” a spokeswoman for Temasek Holdings said in a statement to AFP.

A CIC spokeswoman said the fund has seen the newspaper report but added it was company policy not to comment on rumours.

Asked about its market strategy, the CIC spokeswoman said: “As an investment institution, we make financial portfolio investment and seek medium- to long-term, risk-adjusted returns at a reasonable level. These have been the principles we always follow.”

Prudential on Monday agreed to buy AIA for 35.5 billion US dollars in the insurance sector’s biggest ever takeover.

The acquisition of AIA will transform Prudential into the world’s top non-Chinese insurer by market capitalisation, ahead of major competitors Allianz and AXA.

Under the acquisition terms, the British firm will pay AIG 25 billion US dollars in cash and the remaining 10.5 billion US dollars in new Prudential shares and other securities.

The Financial Times said Prudential is planning a rights issue of 20 billion US dollars, giving existing shareholders in the British insurer the right to buy the shares first.

Should the shareholders decide not to take up the offer, the sovereign wealth funds will then invest in the offering, it said.

Prudential’s group chief executive Tidjane Thiam said that Asia is the “most attractive opportunity in our industry today”, partly because of the region’s strong savings habits.

“Asia is the engine of the group’s future growth, particularly the fast growing economies in Southeast Asia,” he said.

“Asia is complex, dynamic and exciting, and its economies differ significantly, with varying levels of economic development, from the OECD members, Japan and Korea, to the fast growing markets of Southeast Asia, such as Indonesia and Malaysia.”

Sales in Asia already make up half of new contracts for Prudential across a number of countries including China, India, Indonesia, Malaysia and Thailand. The company also has a strong presence in Britain and the United States.


Source

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

prulink assurance plan pap investment link insurance - Product Disclosure for PRUlink assurance plan . Waiting Period. Free look Period

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.

premium allocation - Product Disclosure for PRUlink assurance plan . Waiting Period. Free look Period
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 disease and 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.

Life Insurance Tax Release. Pelepasan cukai insurans.

pelepasan cukai tax release - Life Insurance Tax Release. Pelepasan cukai insurans.

Bil. Jenis Potongan Individu Amaun (RM)
1 Individu dan saudara tanggungan 9,000
2 Perbelanjaan Perubatan Ibu Bapa 5,000 (Terhad)
3 Peralatan Sokongan Asas 5,000 (Terhad)
4 Individu Kurang Upaya 6,000
5 Yuran Pendidikan (Sendiri) 5,000 (Terhad)
6 Perbelanjaan perubatan penyakit yang sukar diubati 5,000 (Terhad)
7 Pemeriksaan perubatan penuh 500 (Terhad)
8 Pembelian buku/majalah/jurnal/penerbitan 1,000 (Terhad)
9 Pembelian komputer peribadi untuk individu 3,000 (Terhad)
10 Tabungan bersih dalam skim SSPN 3,000 (Terhad)
11 Pembelian peralatan sukan untuk aktiviti sukan 300 (Terhad)
12 Suami/Isteri/Bayaran alimoni kepada bekas isteri 3,000 (Terhad)
13 Suami/Isteri kurang upaya 3,500
14 Anak di bawah umur 18 tahun 1,000
15 Anak berumur 18 dan ke atas, belum berkahwin dan menerima pendidikan sepenuh masa 1,000
16 Anak berumur 18 dan ke atas, belum berkahwin dan mengikuti diploma ke atas di dalam Malaysia @ peringkat ijazah ke atas di luar Malaysia dalam kursus dan di IPT yang diiktiraf oleh pihak berkuasa Kerajaan yang berkaitan 4,000
17 Anak Kurang upaya

Pelepasan tambahan sebanyak RM4,000 bagi anak kurang upaya berumur 18 dan ke atas, belum berkahwin dan mengikuti diploma ke atas di dalam Malaysia @ peringkat ijazah ke atas di luar Malaysia dalam kursus dan di IPT yang diiktiraf oleh pihak berkuasa Kerajaan yang berkaitan

5,000
18 Insuran nyawa dan KWSP 6,000 (Terhad)
19 Insurans pendidikan dan perubatan 3,000 (Terhad)

Prudential Insurance Malaysia. Always Listening Always Understanding. TV Commercial

New TV Commercial by Prudential.

Always Listening Always Understanding

Do you need help on Prudential Insurance services?

do you need help prudential malaysia insurance agent - Do you need help on Prudential Insurance services?

If you lost your agent or you bought insurance policy direct from the bank , and didnt know where to get assistance on Prudential Insurance related matter. You may contact me, I will help as much as I can.

Do you need Prudential’s claim form?

How to do Death or Critical Illness claim?

How to change mailing address?

How to change nomination of your policy benefits?

How to do income tax relief from your Life and Medical Insurance?

How to check status on my policy?

How to upgrade my protection?

Contact us now by email : amirolariff@gmail.com/zetty.zahar@gmail.com

PRUsenior med. Low cost medical card plan for senior

prusenior med - PRUsenior med. Low cost medical card plan for senior

PRUsenior med for age 45 up to 70 years old

Affordable premiums start from RM3000 yearly.

Medical benefits wit limit of RM225,000 lifetime including outpatient treatment.

Please contact me for brochures.

MM2H – Malaysia My Second Home Programme (Insurance Agent)

mm2h malaysia my second home programme prudential insurance agent malaysia - MM2H - Malaysia My Second Home Programme (Insurance Agent)

In 2002, the Malaysian Government introduced a new programme replacing “the Silver Hair Programme ” to encourage foreigners to come and live in Malaysia. This allowed foreigners to purchase a home and live in the country. Upon approval, an applicant is granted a 10-year stay, which renewable. Visa holders under this programme  are permitted to work in the country except in very special circumstances where the person possess unique skills. Visa holders are allowed to invest in the country as long as it does not involve full time paid employment. They are also permitted to do charity work provided they inform the Immigration Department. Citizens of Israel, Montenegro and Yugoslavia are not permitted to apply under this programme.

INSURANCE COVERAGE / MEDICAL REPORT

An applicant must possess a valid medical insurance policy from any insurance company that is valid in Malaysia, together with a medical report from any recognized medical institution.

Prudential been in Malaysia since 1924 with strong financial profile. Please contact me if you interested to apply Prudential Health & Medical Insurance for your MM2H submission requirement. Please email me for more info.

We have two package which is PRUhealth and PRUsenior med (cheaper premiums)

mm2h malaysia my second home programme prudential insurance agent malaysia prudential pruhealth1 - MM2H - Malaysia My Second Home Programme (Insurance Agent)

Signing up process can be done via email without you have to come over to Malaysia just for insurance sign up purpose.   Once your policy documents is ready, you may come over to Malaysia and straight to Immigration Department for application process.

PRUmy child. Coming Soon. Insurance for baby

pru mychild - PRUmy child. Coming Soon. Insurance for baby

PRUmy child provides you a peace of mind knowing that all you hopes, wishes, and dreams for your child are well secured. It gives you:

# First-of-its-kind plan that offer cover during pregnancy and infancy period
# A complete protection for every stage of your childs life even before birth
# Provides additional protection for parent to ensure child will continue to enjoy uninterrupted protection and benefits should unfortunate event happen to the parent.
# Plant a seed towards secure education fund for your child

*coming soon

To request the brochure, please click → Leave a Comment below and state your request

PRUhealth Medical Card. Select the plan of your choice

Select the plan of your choice:

pruhealth medical card plan kad perubatan keratan akhbar - PRUhealth Medical Card. Select the plan of your choice

Pilih pelan kehendak anda:

pruhealth kad perubatan keratan akhbar - PRUhealth Medical Card. Select the plan of your choice

选择您想要的计划种类:

pruhealth medical card plan chinese brochure - PRUhealth Medical Card. Select the plan of your choice

To get the brochure please request the brochure at the comment section → Leave a Comment

All about PRUcash double reward. Prudential Life Insurance

prucash double reward prudential insurance malaysia - All about PRUcash double reward. Prudential Life Insurance

SHORTER PREMIUM PAYMENT terms with LONGER CASH PAYOUT terms

PRUcash double reward offers you various plans tailored to your individual lifestyle and needs. You can choose to pay premium for 5, 10, 15 or 20 years, while enjoying benefits up to 40 years.

prucash double reward table prudential insurance malaysia - All about PRUcash double reward. Prudential Life Insurance

A simple illustration of how PRUcash double reward works

prucash double reward prudential insurance projection malaysia - All about PRUcash double reward. Prudential Life Insurance

The diagram above summarises the basic structure of the PRUcash double reward for a male non-smoker, aged 35, with an annual premium of RM20,180, sum assured of RM100,000, for a 20-year policy term plan and a premium payment term of 10 years. Not only will the Annual Guaranteed Payout DOUBLE from policy year 6 onwards ,your Sum Assured.

All about PRUcash double reward

To get the brochure please request the brochure at the comment section → Leave a Comment