Prumychild Eng[1]

8/3/2019 Prumychild Eng[1]

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PRUmy child INVESTMENT-LINKEDINSURANCE

I have peace of mind

knowing that all my hopes,wishes and dreams for mychild are well secured.


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PRUmy childgives you:

> COMPLETE PROTECTION or every stage o your childs lieeven BEFORE BIRTH

> ENHANCEMENT to your childs plan with NEW & EXTENDEDrange o covers*

> ADDITIONAL PROTECTION or PARENTS*> Planting the seeds towards a SECURE EDUCATION FUND or

your child

Secure your childs uture witha complete protection andeducation plan

Let nothing come between your child and his uture

As a parent, you know that your children deserve the very best. You want to give your children

a head start in lie by giving them the best protection and securing their education uture.

Finding this balance between protection and education, however, can be challenging,

especially with the unpredictable nature o lie and the rising costs o higher education.

Prudential now oers PRUmy child, the rst-o-its-kind-plan that oers coverage during

the crucial pregnancy and inancy periods, compared to most conventional child plans

that leave the child without any protection during the early stages o inancy. Additionally,

certain congenital abnormalities may not be covered under regular juvenile plans. WithPRUmy child, parents can now be rest assured that their baby will be well protected, even

beore he is born!

At a Glance:


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How then, do you saeguard your childs education uture? With PRUmy child, you can

take charge AND guarantee** your childs education und as early as possible. You may

also reap potentially higher returns over the long term by investing in any o the PRUlink

or PRUlink education unds.

No other plan balances protection and education more comprehensively than the PRUmy

childplan - an innovative plan that combines investment, protection and fexible eatures.

Take time to ocus on what is truly important - your child.

* With the attachment o optional / add-on covers and subject to additional premiums.

** With attachment oPRUedusaverto the plan.


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BenetsCOMPLETE PROTECTION or every stage in your childs lie evenBEFORE BIRTH

PRUmy childgives you control and fexibility to design a complete plan or your child.

Oering an unparalleled choice o protection benets ranging rom health, hospitalisation,

accidental and critical illness benets, you can be condent that your childs uture is secure.

ENHANCE your childs plan with a NEW & EXTENDED range o covers*

Aiming to give you peace o mind when it comes to your childs needs, the new PRUearly

start and PRUbest startbenet under this plan oers your child protection during the

crucial pregnancy and inancy periods under the Pregnancy Care Beneft and Child

Care Beneft.

You can urther secure your childs wellbeing with the new PRUessential childthat oers

coverage against child specic illnesses such as leukaemia, severe juvenile rheumatoid

arthritis and epilepsy (or a ull listing, please reer to the policy document).

* Subject to additional premiums.

Beore Birth Childhood Young Adult

PregnancyPregnant mothers

and their unborn

babies are protectedduring this

crucial period.

ChildhoodStart a plan with health, accident and critical benets or your child

that protects him or lie.

EducationGive your child a head start in

lie with a plan that contributes

towards his education undwhilst oering investment

opportunities with the potential

or higher returns.

ParentTake advantage o benets that protect your child

should something untoward happen to you.

Not only will your child be nancially secure,

he will continue to be protected

as his plan remains intact.

$$$$For university or

college ees.

Continue saving

or your childs

uture nancialindependence

ater graduation.


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ADDITIONAL PROTECTION or PARENTS

How do you ensure that your child will continue to enjoy uninterrupted protection and

benets should something unortunate happen to you? In the event that the insured

parent(s) suer rom Total and Permanent Disability (TPD) beore age 70, passes away or

is diagnosed with a critical illness (where applicable), you can be rest assured that your

various needs are met as ollows:

Immediate needs

PRUterm(Parent) and Crisis Cover Plus (Parent) benet provides a lump sum payout to

help with immediate expenses such as loans and credit card payments.

Everyday expenditure

Opt to urther enhance your childs plan with PRUfamilyincome or PRUfamilydoubleincome

that gives your child a monthly income to help pay or any ongoing living expenses.

Future expenses

With Parent Payor benets, the premium will continue to be paid on your behal to ensure

that the plan carries on, and your child stays protected and his uture education und stays

secure.

Planting the seeds towards a SECURE EDUCATION FUND or your childWill you be prepared when your child is ready or higher education? With PRUsaver kidor

PRUedusaver, you can start building your childs education und and reap the potential o

higher returns through our series o PRUlinkor PRUlink education unds. You can opt to

receive the payout or your childs education when he is entering higher tertiary institution

anytime between the ages o 18 - 25 years next birthday.


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1. What is PRUmy child?

PRUmy child is a regular premium investment-linked insurance plan that serves to ulllthe protection needs o you and your child, allowing you to plan ahead or his

uture today.

2. What are the benefts available in this plan?

All about PRUmy child

For the child

Should the unortunate happen to your child, such as death, the benet payable

is the:

Sumassured&totalvalueofunitsintheaccount

1

Should your child suer rom Total and Permanent Disability (TPD):

(a) beore the age o 16 years, the maximum sum assured is payable (subject to

RM500,000 per lie); or

(b) ater age 16 years but prior to age 70, the maximum sum assured is payable

(subject to a total o RM4 million per lie)

In the event o TPD, the sum assured is payable subject to a maximum lump sum

o RM1 million upon claim. The balance o the sum assured will be paid upon the

rst anniversary o the TPD2

. Upon earlier death, the balance o any sum assuredwill be paid immediately.

(Please reer to the policy document or the defnitions o TPD)

Upon maturity o plan

Value o all units in the account is payable when your child reaches the age o 100

years on his next birthday.

Upon surrender

Value o units in the account at the point o surrender.

For a pregnant mother

Its never too early to start protection with PRUearly startor PRUbest startbenet

that oers Child Care Beneft and Pregnancy Care Beneft or pregnant mothers

and their unborn children.

Please reer to the PRUearly start/PRUbest startLeafet or urther details.

1 For a childs death that occurs ater 30 days rom birth. However, or a childs death that occurs beore birthand up to 30 days rom birth, the beneft payable is the total premiums paid or the total value o units inthe account, whichever is higher.

2 Subject to proo o continued disability.

Note: For a juvenile plan, in the event o death, critical illness or TPD beore age 5, the proportion o the basicsum assured paid is at age 1 n.b. (next birthday): 20%, age 2 n.b.: 40%, age 3 n.b.: 60%, age 4 n.b.: 80%,age 5 n.b.: 100%.


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3. Who can take up the PRUmy childplan?

You can take up this plan or your unborn child as early as 18 weeks into your

pregnancy*, or or your child who is between 1 - 18 years o age on his next

birthday. The parent, who must be between 18 - 60 years old, owns the policy

and is able to adapt it as they see t or the benet o the child.

* I you do not wish to enjoy the Child Care Beneft / Pregnancy Care Beneft, you may opt to purchasePRUmy childater your child is born.

4. How much premium do I need to pay?

* Subject to underwriting. Note:PRUsaver kidorPRUedusavercannot co-exist within the same plan.

Premium allocation

Your premium paid is allocated to buy units in the PRUlinkor PRUlinkeducation unds.

For more inormation on these unds, please reer to the PRUlinkor PRUlinkeducation

Fund Fact Sheet.

Example:Assuming your monthly premium or PRUmy childand PRUsaver kid/PRUedusaver

each is RM200; your premium allocation will be as ollows:

It is recommended that you purchase PRU saver kidor PRUedusaver, which allows

you to increase the level o your investment or as little as RM10 and RM50 a month

respectively, o which 95% o the premium will be invested into the unds.

* The premium allocation rate shown above is applicable or policies with terms o 20 years and above. Forterms o less than 20 years, the premium allocation will be higher.

** Beore deduction o service charge and insurance charges.

Minimum premium per year

PRUmy child RM600*

PRUsaver kid RM120

PRUedusaver RM600 (subject to 5 times the premium o the basic PRUmy childplan)

Year 1 2 3 4 5 6 7 & above

PRUmy childPremium

Allocation Rates*40% 50% 60% 70% 90% 90% 100%

PremiumInvested**

RM80 RM100 RM120 RM140 RM180 RM180 RM200

PRUsaver kid/PRUedusaver

Allocation Rates95% 95% 95% 95% 95% 95% 95%

PremiumInvested**

RM190 RM190 RM190 RM190 RM190 RM190 RM190


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Premium payment

Premiums can be paid yearly, hal-yearly, quarterly or monthly via Auto Debit, Credit Card,

Cash or Cheque.

5. How long do I need to pay premiums or?

Premium is payable throughout the whole policy term until the expiry o the

policy. Upon expiry o any optional or add-on beneits, the premiums will be

reduced accordingly*.

* Upon expiry o PRU saver kidor the end o the accumulation period o PRUedusaver , premiums willbe continued and allocated as PRUsaverpremiums. You may also inorm the Company should you decidenot to continue with the premium payment orPRUsaver.

6. How can I enhance the coverage o the PRUmy childplan?

With additional premium, you can extend the PRUmy childplan beyond the ordinary by

attaching any o the ollowing optional / add-on covers that will insure your child and

loved ones against unexpected events:

Critical Illness Cover

Takes care o your child in the event they are diagnosed with critical illness, including

child-specic illnesses under the new PRUessential child1 rider that covers them up

to the age o 25 years next birthday.

Income Cover

With the new PRUfamily income and PRUfamilydouble income, the benet will pay

a monthly income to help with everyday living expenses to the amily in the event the childs

parent(s) suers rom TPD prior to age 70, passes away or is diagnosed with a critical illness.

Payor Cover

Pays or your plan in the event o death (i applicable), TPD beore age 70 or

critical illness.

Parent Cover

With the new PRUterm(Parent) and Crisis Cover Plus (Parent), the benet will

pay out a lump sum to the Legal Personal Representative o the Assured in the

event that the insured parent suers rom TPD beore age 70, passes away or is

diagnosed with a critical illness (i applicable).

Accident Cover

Comprehensive coverage or injuries due to accident.

Health and Medical Cover

Takes care o major medical bills in the event that your child needs surgery or

outpatient treatment and i he or she is hospitalised.

1 See Appendix or urther details.


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7. How do I start building my childs education und?

You can attach either PRUsaver kidor PRUedusaverwhere the premiums will be invested

in our series o PRUlinkor PRUlink education unds. In addition, you can also make

one-o investments via Top-up on PRUsaver kidor Education Top-up on PRUedusaver.

The allocation rate or Top-up and Education Top-up is 95%.

Note: I you attach PRUedusaver, the Education Top-up must must be paid at least 5 years (60 months) beorethe Payout Period and all premiums must be up-to-date. The minimum amount or top-ups is RM1,000. Thereis no maximum amount.

8. What is the dierence between PRUsaver kidand PRUedusaver?

PRU saver kid is primarily or capital appreciation, where you have the fexibility to

choose the unds you wish to invest in within our series o PRUlink unds. You also

have the fexibility to change the unds you invested in rom time to time as you and

your childs aspirations change. The return depends on the perormance o the unds

you selected and thereore, the returns are not guaranteed.

PRUedusaver* comes with a minimum capital guarantee in the orm o Annual

Guarantee Income**. Premiums paid will be invested in the PRUlink education equity

fundand the PRUlink education bond fund in specied proportions determined by the

company during the accumulation period ollowing the table below. It will be adjusted

to a more secure asset mix or each premium payment as your child approaches the

age or higher tertiary education.

Remaining Accumulation Period (in years) when premium is paid

Above 20 - 25 45%

Above 15 - 20

Above 10 - 15

Above 5 - 10

5 and below

PRUlink education bond fundPRUlink education equity fund

55%

40% 60%

35% 65%

30% 70%

25% 75%


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During Payout Period

Your childs education und will be invested into the PRUlink education income fund, by

investing in selected ixed interest securities, corporate bonds, money market

instruments and any other nancial instruments.

Please reer to the Sales Illustration or Policy Document or urther details on the

investment strategy / und(s) invested.

* Must be attached prior to the frst policy anniversary. See Appendix or urther details.

** Provided that premiums are paid in ull during the accumulation period and no withdrawals have beenmade during the accumulation and payout periods oPRUedusaver.

9. How does PRUedusaverwork?

Step 1

First determine how much you need to grow your childs education und. You have thefexibility to choose the period o time you pay your premiums and the duration to

receive the Annual Guaranteed Income during the payout period*.

Step 2

Determine when your child will need the education income and or how long they will

need it. You can choose to receive the Annual Guaranteed Income or either 3, 4 or

5 years (which is between your childs age o 18 - 25 years next birthday).

Step 3Depending on the Payout Period selected, the amount o payout you will receive

each year will be a percentage Payout Rate (as shown in the table below) o your childs

PRUedusaverund value at the end o the Accumulation Period OR total PRUedusaver

premium including any Education Top-ups you have paid whichever is higher**. Any

remaining und at the end o the Payout Period will continue to be invested into the

PRUlink education income fund.

Note:Changes to the accumulation and payout periods can only be made once during the accumulation period.

* Payout period has to be determined at policy inception.

** Please reer to the Sales Illustration or terms & conditions on the Annual Guaranteed Income. AnnualGuaranteed Income is received provided that premiums have been paid in ull during the accumulationperiod and no withdrawals have been made during the accumulation and payout periods oPRUedusaver.

Payout Period

Years 3 4 5

Payout Rate 34% 26% 21%

Total Payout Rate 102% 104% 105%


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1 The above illustration is based on a 1-year-old, male, non-smoker with monthly PRUedusaverpremiumo RM200, accumulation period o 17 years and payout period o 5 years. The projected values are or illustrative

purposes only. They are neither guaranteed nor based on past perormance. The projected values assumecurrent law, tax and prescribed investment returns (per annum), which are based on the weighted average othe current prescribed projected rates or investment-linked insurance policies. The projected remaining und valuesalso assume that there are no other fexible withdrawals done during the whole policy duration.

In this example, the regular premium is invested in the PRUlink education equity fundand

the PRUlink education bond fundat policy inception. The premium direction into the PRUlinkeducation equity fundand the PRUlink education bond fundwill be revised according to theremaining term o the accumulation period. Once the policy is in the payout period, theund will be invested in the PRUlink education income fund.

Accumulation Period 17 years Payout Period 5 years

Age 18 years Age 23Entry age 1

Pay monthly PRUedusaverpremium of RM200

Projected remaining PRUlink educationincome fundvalue1 of RM4,056

Total PRUedusaverPremiums Paid + Total Education Top-ups paid (if any)Fund Value

Total PRUedusaverPremiums Paid + Total Education Top-ups paid (if any)Fund Value

Accumulation Period 17 years Payout Period 5 years

Age 18 years Age 23Entry age 1

Scenario B:

Should the market suffer prolongedunexpected shock, you will still receiveMORE than the total amount you haveput in during the accumulation period.

Annual guaranteedincome1 of RM8,568

Scenario A:

Should the market perform as expectedbased on the projection1, you stand toreceive an income totalling RM67,860,plus a remaining PRUlink educationincomefundvalue of RM4,056!

Total projectedincome1 of RM67,860

Pay monthly PRUedusaverpremium of RM200

Projected annualincome1 of RM13,572

Total guaranteedincome1 of RM42,840


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12.What are the charges*** involved?

*** All charges are levied through cancellation o units. The ees and charges may be varied rom time to time.Insurance charges or basic coverage or death / TPD are guaranteed. However, premium rates and insurancecharges or other benets are not guaranteed. The Company reserves the right to revise the insurance chargesand premium rates or optional benets by giving a 90-day written notice to the policyholders.

Service charge RM6 per month or payments by cash or cheque.RM5 per month or other payment modes (credit card or auto debit).

Insurance charge A monthly insurance charge is levied depending on yourchilds age, gender, smoking status, occupation class (i applicable)

and sum assured.

Top up charge Each top-up incurs a service charge o RM25.

Fund switching ee(or PRUlinkundsonly)

Four ree switches are available every year. The switch ee is set at

1% (subject to maximum o RM50) or any subsequent switches

within the year.

Administrationcharge

RM2 per month during both the Accumulation and Payout Periods i

PRUedusaveris attached.

Processing charge RM25 is charged or each o the ollowing request: WithdrawalofunitscreatedfromPRUedusaverand Education

Top-Up in the investment account only

Revisionofaccumulationandpayoutperiod.

Guarantee charge A guarantee charge o 1% p.a. o PRUedusaverannual premium willbe levied monthly during the accumulation period, and 1% o each

Education Top-Up paid (i any) will be charged one-o.

Fund managementcharge

Charges vary depending on the unds that you select. Please reer to

the attached Fund Fact Sheets or more details.

11.How do I track the perormance o the unds?

Unit prices are published daily in major newspapers and on our website at

www.prudential.com.my.*Please note that this is an insurance product that is tied to the perormance o the

underlying assets, and is not a pure investment product such as unit trusts.

* The investment perormance o the unds is not guaranteed.

10.Is PRUmy childeligible or tax relie?

The amount o tax relie will depend on your total taxable income and is subject to the

nal decision o the Inland Revenue Board.

During childhood During adulthood (Above age25 at next birthday)

As a parent, you should be entitled to education taxrelie on premiums paid or PRUedusaver, PRUsaverkid or Parent Payor. Furthermore, premiums paidor PRU family income, PRU family double income andPRUessential childmay also qualiy or tax relie.

Your child will be entitled tolie / medical tax relie upon

transer o ownership.


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AppendixChild Specifed Illnesses

PRUessential child (PEC) is an Optional Benet that pays the sum assured upon the

diagnosis o the childs specied illnesses. This benet will cease when the child reaches

age 25.

The ollowing specied illnesses are covered under PRUessential child:

Severeasthma

Leukaemia

Insulin-dependentDiabetesMellitus

Rheumaticfeverwithvalvularimpairment

KawasakiDiseasewithheartcomplications

Severejuvenilerheumatoidarthritis

GlomerulonephritiswithNephroticSyndrome

Severeepilepsy

IntellectualImpairmentduetoillnessesoraccident

Note: For total benefts payable and defnitions on each condition and illness, please reer to the policy document.

Safeguard your childsfuture now!

For personal assistance call 03-2116 0228, e-mail us at

[email protected] or contact your riendly

Prudential Wealth Planner.


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Important Notes> All PRUlink dana are invested in Shariah-approved securities and / or Islamic

private debt securities. PRUlinkproducts are not Shariah-compliant products.

> The Company reserves the right to revise premium rates and charges (except

insurance charge or Death and TPD benets) at policy anniversary by giving a

90-day prior notice.

> You should assess the aordability and suitability o the product (including

optional benets) in relation to your nancial goals and risk appetite. To achieve

this, we recommend you speak to your agent or Wealth Planner who will

perorm a needs analysis and assist you to make an inormed decision.

> Coverage to expiry age is subject to sucient unit deductions or insurance

charges, service charges, guarantee charges (i any) and administration charges

(i any).

> Ownership o the policy shall automatically be transerred to the child once he /

she is 25 years old.

> I you cancel the policy in the early years, you may not be able to obtain the ull

value rom the amount you have paid in. Upon surrender, the various benets

under this plan will not be applicable.

> There is a ree-look period o 15 days ater the delivery o your policy to allow

you to review it i it meets your needs. I the policy is cancelled within this period,

the value o units (at next pricing date) plus the unallocated premiums, service

charge, insurance charge, guarantee charge (i any) and administration charge

(i any), less medical expenses will be reunded. Additionally, i top-ups are done,

5% o the unallocated premium less medical expenses will be reunded. Top-

ups do not incur any insurance charge.

> This leafet is or illustrative purposes only. You are advised to reer to the

Prudential Product Disclosure Sheet and sales illustration beore purchasing a

plan, and to reer to the terms and conditions in the policy document or details

o the important eatures o the plan.

> Non-payment o premiums may cause this policy to cease.

> This leafet is to be used in conjunction with the PRUlinkFund Fact Sheet and

PRUlink education Fund Fact Sheet (i applicable).

> Prudential Assurance Malaysia Berhad (PAMB) is licensed under the Insurance

Act (1996) and is regulated by Bank Negara Malaysia (BNM).


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Prudential Assurance Malaysia Berhad (107655-U)

Menara Prudential, 10 Jalan Sultan Ismail,50250KualaLumpur,Malaysia.

Tel: 03-2116 0228 Fax: 03-2032 3939Email: [email protected]

www.prudential.com.my

03/2010

Documents

Prumychild Eng[1]