Enjoy the prime of your life with high-value protection from term life insurance.
Earning and accumulating a fortune is the life goal for many of us. While building your wealth is crucial, it is also important to ensure that your wealth is protected so you could manage your financial risks when unexpected circumstances occur.
Start taking charge of your financial security and create more meaningful values out of your wealth today.
DO something about it with PRUTerm Premier plan.
You can also add extra plans to strengthen your coverage.
Choose from plans that:
| Boosts your death coverage: | |
| Pays a lump sum upon Total and Permanent Disability (TPD): |
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Enjoy the prime of your life with high-value protection
PRUTerm Premier is a regular premium non-participating term life insurance plan that provides high protection with great value for money against death. It comes with flexible options of policy term and premium payment term to meet your different needs. Besides, you can also choose to attach optional riders to enhance your protection needs.
Download our product leaflet in your preferred language for more details on the plan’s coverage.
How much does it cost (your premium)? | Insurance premium will vary according to the amount of coverage, age, gender, smoker status, policy term and premium payment term. |
How long will I need to pay premiums? | Flexible premium payment term from 5 to 63 years, up to policy term. |
How long does the coverage last? | Flexible policy term from 5 to 63 years, up to 80 years old. |
How old must the life assured (the person covered by the plan) be when the plan starts? | From 17 years old till 70 years old. |
What’s the minimum amount of coverage? | RM500,000. |
What’s the maximum life coverage? | Our underwriters decide this, depending on your circumstances. |
All ages in this table are age next birthday (ANB)
Click here for the sample PDS.
Key information and disclaimers.
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 Leaflet, Product Disclosure Sheet and Product / Sales Illustration, 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 www.pidm.gov.my).
Term life insurance works to provide financial protection for your loved ones in the event of your death. For example, it can help cover expenses like mortgage payments, educational costs and daily living expenses.
Term life insurance works by paying regular premiums in exchange for a specified period. If the insured person dies during the term, the policy pays out a tax-free death benefit to their beneficiaries, providing financial protection for loved ones.
You can purchase term life insurance through insurance companies such as Prudential.
The length of a term life insurance policy can vary, ranging from 10 to 30 years or more. You can choose a term that aligns with your budget and financial responsibilities, such as paying off a mortgage or providing for your children until they are financially independent.
The coverage amount should be based on your financial obligations. It should include debts, living expenses, and future needs. It is recommended that the coverage equals to 10 to 15 times your annual income.
This may possibly be achieved through policy riders, or by renewing the policy. The best thing to do is to check with your insurance provider for specifics.
Usually, insurers offer a grace period during which you can make late premium payments without policy lapse. Be sure to understand the grace period terms with your insurer and understand all terms and conditions of the policy.
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