Prudential launches PRUwealth

KUALA LUMPUR, 15 June 2017 – Prudential Assurance Malaysia Berhad (PAMB) has introduced PRUwealth – an investment linked plan that provides Malaysians with high protection to secure the financial future of their loved ones and create a legacy of wealth.

Currently, Malaysia is on track to achieve its target of becoming a high-income country by 20201 . With the country’s growing economy, more Malaysians are likely to face greater pressure on expenses and rising inflation, which reinforces the need for a plan that ensures protection and security for a family’s future. PRUwealth is able to provide peace of mind as it enables Malaysians to establish a legacy for the protection of their family’s future.

“We recognise the growing need for comprehensive financial solutions that allows for the creation of wealth and wanted to create a solution that also protects our customers against rising costs and inflationary pressures. With PRUwealth, we aim to provide our customers with high protection that is affordable, and at the same time, is expandable and flexible enough to suit the varying needs from individual to individual. We want to be able to provide our customers with a complete legacy solution,” said Gan Leong Hin, Chief Executive Officer of PAMB.

PRUwealth is an insurance plan that not only gives customers the high protection they need but also flexible premium terms and investments at a very competitive price. “Customers are given the flexibility to choose their premium terms with the option to top-up and increase their policy’s sustainability. The plan offers uncompromised peace of mind with coverage that can go up to age 100,” added Gan.

With life’s many unpredictable changes, the need for adequate protection is critical. PRUwealth provides life protection of up to four hundred percent of one’s coverage and protection against 14 infectious diseases. The plan also allows customers to opt to expand their coverage to cover critical illnesses.

PRUwealth is also an asset that complements the overall wealth of the customers. To maximize the potential of investments, customers can leverage on a dedicated investment account and invest in 14 funds both locally and globally.

As long term protection is important, the longer customers stay covered with PRUwealth, the more they will be rewarded. They will be rewarded with a Loyalty Bonus once every two years starting from the tenth policy year onwards. A further one-off Loyalty Booster equivalent to 8% of the Sum Assured will be payable on their Policy Anniversary Date when they reach age 70, 80 or 90 depending on their entry age.

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