It’s been a while since I update any post on this site due to hectic year due to my promotion for Unit Manager title, Star Club trips and other short trips with prudential…but I will update more new post around this 1 or 2 weeks….
Here I list down five main reasons why I bought an insurance and why everybody should have one too. P/S: I am not trying to sell anything here, just stressing out something important that everyone should know.
For My Own Protection – When I was about to resign from my job, I was thinking, what if I suddenly had a serious illness or involved in accident and not able to work and earn any income? what will happen to me? Yes, I still have my family, but would it be fair to burden them? Would I want to burden them? I am not married, so I cannot be asking help from my husband. Will I have enough savings for the treatment and those health related matter? Will I trouble my parents and siblings for that? Sometimes, these thought made me having sleepless nights. With an insurance policy, at least I am covered for my illnesses with adequate financial support for any expensive treatment.
For My Savings – I am a business minded person which means that I am very calculative when it comes to my money but there are times that I spend money just to make myself and people who surrounds me happy. Yes, I do have my own savings in the bank and in mutual funds but with insurance, It’s another medium for me to force myself into saving a few hundred bucks monthly by contributing to my insurance premium and one thing for sure, by receiving my yearly account statement, I know where my money goes too.
For My Investment – Partial of my premium will be invested into selected funds with a handsome return that you can’t resist. Absolutely a great way to have extra money and it is safer too as insurance minimize the risk factor on your investment.
For My Retirement – With the hope that everything goes well without me making any major claims or withdrawals, I can retire early and receive my investments and live in Paris with my cats.
For My Future – When I learned that your premium increases together with your age, I realize that I really need to have an insurance coverage as early as possible. I do not want to wait until I have my own family or other big financial commitments in life as by then, the premium to start an enrollment for my insurance will be very high and insurance company have the rights to rejects or excludes applications with health problems. Among all of the above, the main reason why I decide to take up an insurance coverage is still based on the first reason which is PROTECTION. In case of any accidents or serious illnesses, there will be a strong financial support for myself and my family.
Hot off the shelf, Prudential recently launched its latest medical rider, PruFlexi Med, that can be attached to PruLink One or PruLife Ready investment-linked policies. PruFlexi Med is another alternative medical plan to the existing PruHealth medical rider. In fact, both PruHealth and PruFlexi Med are pretty similar in terms of coverage.
So, what is PruFlexi Med medical rider all about? The list below briefly summarize the features of this new medical rider:
Highly customizable medical plan to suit your medical needs – in terms of the daily room & board rate and annual limit.
No co-insurance, but can opt for zero or RM300 deductible.
No more 10% payment/penalty if exceed room & board (R & B) rate – if you stay in the room with higher than your R & B rate, you only need to top up the difference. If you stay in a room with lower R & B rate, Prudential will reimburse you the difference.
Lifetime limit = 20x annual limit.
If compared to PruHealth, PruFlexi Med has higher ICU coverage (60d) and pre-hospitalization treatment days (90d).
Simplified as below:
Schedule of Benefits:
Type of medical plan:
ILP Medical Rider
To be decided on purchase.
Min: 100/d (can increase multiple of 50/d)
Room & Board (R & B) (days)
Pre-hospitalization Treatment (days)
Post-hospitalization Treatment (days)
Emergency Accidental Out-patient Limit
2% of annual limit
Emergency Accidental Out-patient (days)
Subject to annual limit
Home Nursing Care
180 days/lifetime. As charged.
Highly customizable plan.
If you stay in a room with lower R & B rate, the difference will be refunded to you.
If you stay in a room with higher R & B rate, you just have to pay the difference.
Min: 50,000 (can increase multiple of 10,000)
20x annual limit
No co-insurance, but can opt for zero or 300 deductible
PRUmy child is a regular premium investment-linked insurance plan that serves to fulfill
the protection needs of you and your child, allowing you to plan ahead for their
What are the benefits available in this plan?
For the child
Should the unfortunate happen to your child, such as death, the benefit payable is the:
• Sum assured & total value of units in the account1
Should your child suffer from Total and Permanent Disability (TPD):
(a) before the age of 16 years, the maximum sum assured is payable (subject to RM500,000 per life); or
(b) after age 16 years but prior to age 70, the maximum sum assured is payable (subject to a total of RM4 million per life)
In the event of TPD, the sum assured is payable subject to a maximum lump sum of RM1 million upon claim. The balance of the sum assured will be paid upon the first anniversary of the TPD. Upon earlier death, the balance of any sum assured will be paid immediately.
Upon maturity of plan
Value of all units in the account is payable when your child reaches the age of 100
years on their next birthday.
Value of units in the account at the point of surrender.
For a pregnant mother
It’s never too early to start protection with PRUearly start or PRUbest start benefit that offers Child Care Benefit and Pregnancy Care Benefit for pregnant mothers and their unborn child.
Please refer to the PRUearly start / PRUbest start Leaflet for further details
Who can take up the PRUmy child plan?
You can take up this plan for your unborn child as early as 18 weeks into your pregnancy, or for your child who is between 1 – 18 years of age on his / her next birthday. The parent, who must be between 18 – 60 years old, owns the policy and is able to adapt it as they see fit for the benefit of the child.
How long do I need to pay premiums for?
Premium is payable throughout the whole policy term until the expiry of the policy. Upon expiry of any optional or add-on benefits, the premiums will be reduced accordingly.
How can I enhance the coverage of the PRUmy child plan?
With additional premium, you can extend the PRUmy child plan beyond the ordinary by attaching any of the following optional / add-on cover that will insure your child and loved ones against unexpected events:
Critical Illness Cover
Takes care of your child in the event they are diagnosed with critical illness, including child-specific illnesses under the new PRUessential child1 rider that covers them up to the age of 25 years next birthday.
Pays for your plan in the event of death (if applicable), TPD before age 70 or critical illness.
Comprehensive coverage for injuries due to accident.
Health and Medical Cover (PRUhealth)
Takes care of major medical bills in the event that your child needs surgery or outpatient treatment and if he or she is hospitalised.
How do I start building my child’s education fund?
You can attach either PRUsaver kid or PRUedusaver where the premiums will be invested in our series of PRUlink or PRUlink education funds.
Is PRUmy child eligible for tax relief?
As a parent, you should be entitled to education tax relief on premiums paid for PRUedusaver, PRUsaver
kid or Parent Payor. Furthermore, premiums paid for PRUfamily income, PRUfamily double income and PRUessential child may also qualify for tax relief.
During adulthood (Above age 25 at next birthday)
Your child will be entitled to life / medical tax relief upontransfer of ownership.
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 : firstname.lastname@example.orgemail@example.com
1. Full Name
2. Date of Birth
3. Smoking or not
4. Annual Income
5. Contact Number
8. No of kids
10. Travel a lot?
1. Name of Mother
2. Date of Birth (Mother)
3. Smoking or not
4. Annual Income
5. Contact Number
7. How many weeks of pregnancy?
8. Expected Delivery Date
9. Budget monthly (RM150 and above)
Get yourself covered today!
PRUmychild RM150 monthly
PRUmychild plan with PRUearly start
Sum Assured : 50K
Critical Illness compensation : RM50K
PRUhealth Medical Card plan PHL100
Savings is flexible age 18 ada RM33K or continue to age 30 ada RM73,802K. Wow !
How to know which insurance company is the best?
Dont ask me, I will tell you Prudential of course. Drive and go to your nearest preffered hospital. Ask them, they are more credible to give the answer. I'm confidently sure they will say Prudential :)
Cheapest Medical Card Plan
Cheapest medical card plan is around RM100 per month for adult.
Start your Retirement Fund Today
As low RM100 per month. Save your money for secure income in future
This is not the Official Website of Prudential Assurance Malaysia Berhad.
This is the personal blog of Zetty Zahrina Zahar and Amirol Ariff Nazarudin, Prudential Wealth Planner, Damansara Intan Office.
Prudential Assurance Malaysia Berhad is an indirectly subsidiary of Prudential plc, a company incorporated in the United Kingdom. Neither Prudential Malaysia Assurance Berhad nor Prudential PLC is affiliated with Prudential Financial Inc, a company whose principal place of business is in the United State of America.