You seek guaranteed income
we offer returns every year
Introducing Guaranteed Income
Plan, a unique savings plan with guaranteed returns* every
single year!
1
Annual Guaranteed
Returns* from 3.00% p.a. to 4.00% p.a.
Guaranteed Returns* will be paid on your policy anniversary
at the following rates:
Policy
Anniversary
Guaranteed
Returns* as a %
of Single Premium p.a.
1st year
3.00%
2nd year
3.20%
3rd year
3.70%
4th year
4.00%
5th year
4.00%
2
100% Capital Guarantee**
at maturity
Regardless of the market condition, your capital is
guaranteed when held to maturity.
3
Insurance Protection up
to 125% of Single Premium
Depending on your entry age, you will enjoy insurance
protection of 105% to 125% of your Single
Premium for Death and/or Total Permanent Disability
for the entire duration of your policy.
Entry Age
Sum Assured
(% of initial Single Premium)
17 – 55 years
125%
56 – 65 years
105%
^For sub-standard life, it is 105%
of the Single Premium.
Guaranteed
Income Plan - Key Details
Minimum
/ Maximum Age of Entry*
Minimum: 17 years old
Maximum: 65 years old
*
Age at next birthday
Premium
Rates
Minimum: RM20,000
Maximum: RM2 million
Death
and/or Total Permanent Disability
(TPD) Coverage
17 – 55 years old: 125% of
Single Premium#
56 – 65 years old: 105% of
Single Premium
Exclusion: Death due
to suicide within one (1) year after
the Commencement Date. In the event
of any such death, the Company shall
refund the initial Single Premium.
TPD coverage is up to age 60.
# For sub-standard life, it is 105%
of the Single Premium.
Term
of Contract
5 years
Confirmed
Cash Value
At any point of time, the policy
owner may exit the policy, with the
following confirmed cash value:
+ Confirmed
Accumulated Cash Value is inclusive
of all received annual incomes and
policy surrender value.
Commission Disclosure:
Commission borne by you and paid from your
Single Premium is 0.7% of your Single Premium.
For more information on how you can enjoy
guaranteed returns* and comprehensive life coverage with Guaranteed Income Plan, please call us
NOW at 1300 888 888!
Guaranteed Income Plan is underwritten
by Prudential Assurance Malaysia Berhad (“PAMB”) and
distributed by Standard Chartered Bank Malaysia Berhad
(“the Bank”).
2.
Potential customers may wish
to seek advice from the Bank’s staff before purchasing
any plan. In the event that potential customers choose
not to seek advice from the Bank’s staff, they should
consider whether the plan is suitable for them.
3.
Customers are advised to ensure
that this plan will best serve their needs and that
the premium payable under the policy is an amount
they can afford. If they cancel the policy in the
early years, they may not be able to obtain the full
value from the amount they have paid in. Upon surrender,
the various guarantees under this plan will not be
applicable.
4.
There is a free look period of
15 days after the delivery of customer’s policy to
allow them to review if the policy meets their needs.
If they should return this policy to us within the
free-look period, we will refund the full premium
after deducting medical expenses incurred by PAMB
(if applicable) for issuing the policy.
5.
This presentation is for illustrative
purposes only. For further details on the terms and
conditions, please ask customers to refer to their
policy documents.
6.
This presentation is only for
internal circulation and is not to be construed as
a sales material to be distributed to an external
party. This material is not intended as an offer or
solicitation for the purchase or sale of any financial
instrument/product. Whilst the Bank and PAMB have
taken all reasonable care to ensure that the information
contained in this presentation is not untrue or misleading
at the time of publication, we cannot guarantee its
accuracy or completeness. Customers should not act
on it without first independently verifying its contents.
Any opinion or estimate contained in this presentation
is subject to change without notice.
* Guaranteed returns are only applicable
for each full policy year that the insurance is held.
** 100% Capital Guarantee is only applicable when policy
is held for the full tenure of 5 years.
