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Our Riders - Insurance Add-ons


An add-on that pays your mortgage if the unforeseen happens.

Shelter your loved ones with mortgage insurance in Malaysia

Keep your loved ones safe by ensuring they have a shelter should the unforeseen happen. With PRUMortgage, we will take care of your outstanding mortgage payments.

The policy is a term mortgage insurance plan that the coverage reduces over time and pays out if you become Total and Permanently Disabled (TPD) before the age of 60, unfortunately pass away, whichever earlier or when the policy expires.

Attachable plan

The basic plan that PRUMortgage can be attached to:


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Important notes
Key information and disclaimers.
  1. This content contains only a brief description of the product and is not exhaustive. You are advised to refer to  Prudential Assurance Malaysia Berhad (PAMB)’s Brochure, Product Disclosure Sheet, Product / Sales Illustration, Fund Fact Sheet (if any), before purchasing the plan, and to refer to the terms and conditions in the policy document for details of the features and benefits, exclusions and waiting periods under the policy.

The benefit(s) payable under eligible certificate/policy is(are) protected by Perbadanan Insurans Deposit Malaysia (“PIDM”) up to limits. Please refer to PIDM’s Takaful and Insurance Benefits Protection System (“TIPS”) Brochure or contact Prudential Assurance Malaysia Berhad or PIDM (visit

What is PRUMortgage?

PRUMortgage is a mortgage insurance plan offered by Prudential Malaysia. It provides coverage for outstanding mortgage payments in the event of your death and total and permanent disability.

Who is eligible to apply for PRUMortgage?

Eligibility for PRUMortgage will depend on the terms and conditions of the plan. It is generally available to individuals who are applying for a home loan from a financial institution in Malaysia.

How does PRUMortgage work?

PRUMortgage works by providing coverage for the outstanding balance of your home loan in the event of your death, total and permanent disability, or critical illness. If a covered event occurs, the insurance provider will pay the outstanding balance of the loan to the financial institution, ensuring that your family has a roof over their heads. It is attachable to PRUTerm, making it life insurance for mortage.


What are the benefits ofPRUMortgage?

PRUMortgage offers a range of benefits, including coverage for death and total and permanent disability as well as protection for your family in the event of your untimely death or disability. Additionally, it helps to cover outstanding home loan balances and offers several riders to enhance your coverage.

How can I apply for PRUMortgage?

You can apply for PRUMortgage through the Prudential Malaysia website or through a financial institution that offers the plan. You may also contact Prudential Malaysia's customer service team for more information on how to apply.

How much does PRUMortgage cost?

The cost of PRUMortgage will depend on a variety of factors, including the coverage amount and the term of the plan. The premium rate will be based on your age, gender, health status, and loan amount. It is best to get a quote from Prudential Malaysia or the financial institution you are working with.


What is PRUMortgage?

PRUMortgage is a mortgage insurance that protects the assured's loved ones if a borrower defaults on their mortgage loan. With Prudential, PRUMortgage is an insurance rider designed to cover outstanding mortgage payments in unforeseen circumstances, such as the life assured becoming Totally and Permanently Disabled (TPD) or passing away.

What does mortgage insurance in Malaysia cover?

This will depend on the specific policy you have. Prudential’s mortgage insurance will handle your remaining mortgage payments if you become Totally and Permanently Disabled (TPD) before turning 60, pass away, whichever comes first or when the policy expires.

What type of insurance plan is PRUMortgage?

PRUMortgage is a reducing term mortgage insurance plan. This means the coverage reduces over time, aligning with the typical mortgage structure where the outstanding balance decreases as payments are made.

What is the benefit of adding the PRUMortgage rider to my insurance plan?

Adding the PRUMortgage rider offers the advantage of securing your mortgage payments in case of your disability or demise, offering a financial safeguard for your family. You can ensure that your family will have shelter even if you pass away.

What is the difference between mortgage insurance and life insurance?

Life insurance provides a death benefit to the beneficiaries upon the policyholder's death. Mortgage insurance specifically covers the outstanding mortgage payments in case of the policyholder's disability or death.

Is mortgage insurance the same as housing loan insurance?

Yes, mortgage insurance and housing loan insurance generally refer to the same concept. They both cover the repayment of a mortgage or housing loan in case of certain events like the life assured's death or disability. Specific terms can vary by policy and insurer.

How does Prudential's PRUMortgage compare to common types of mortgage insurance in Malaysia?

In Malaysia, there are two main types of mortgage insurance: Mortgage Reducing Term Assurance (MRTA), which provides decreasing coverage in line with your outstanding mortgage, and Mortgage Level Term Assurance (MLTA), which offers constant coverage throughout the policy term. Prudential's PRUMortgage functions like an MRTA, covering outstanding mortgage payments if the policyholder becomes Totally and Permanently Disabled (TPD) or passes away.

Do I need a medical checkup for the PRUMortgage?

Generally, the requirement for a medical check-up when applying for a mortgage insurance policy depends on several factors such as age, gender, amount of loan and health status. Contact us for more information.

Is mortgage insurance mandatory for all home loans in Malaysia?

While not legally mandatory, many banks and financial institutions require mortgage insurance as a condition of granting a home loan.

What factors can affect the mortgage insurance premiums in Malaysia?

Factors that can affect the mortgage insurance premiums include the mortgage amount, the mortgage term, your age and health status, and the specific terms of your insurance policy.

Can I cancel my mortgage insurance policy?

The ability to cancel a mortgage insurance policy depends on the specific terms and conditions of the policy. You must carefully read the terms and conditions of your policy.

What should I do if I can't afford my mortgage insurance premiums?

If you're having trouble affording your mortgage insurance premiums, we are happy to speak to you about how we can help provide options such as adjusting your coverage.