PRUmy child

Your hope for your child begins even before birth. Let PRUmy child protect this hope of yours, from the very beginning.

Even before he or she is born, hope is there - hope that he or she will always be happy, safe and healthy. This hope is precious and worth protecting from the start.
 
At Prudential, we can help you secure your hopes and dreams for your child through a comprehensive protection plan with PRUmy child as early as 18 weeks into pregnancy.
 
Aiming to give you peace of mind, the new Infant Care benefit under PRUmy child provides protection during the crucial prenatal, neonatal and post-natal periods. 
 

Benefits

PRUmy child benefits at a glance
  • Gives you control and flexibility to design a complete plan for your child.
  • Covers your baby as early as 18 weeks into pregnancy.
  • Option to attach Infant Care*  rider to enhance your baby's protection from 18 weeks of your pregnancy up to your child reaching 2 years old.
  • Build your child's education fund with optional PRUedusaver and PRUsaver kid riders.
  
ENHANCE your child’s plan with a NEW & EXTENDED range of covers
Aiming to give you peace of mind when it comes to your child’s needs, the new Infant Care* benefit under this plan offers your child protection during the crucial pregnancy and infancy periods under the Pregnancy Care Benefit and Child Care Benefit.
 
* Optional benefit subject to underwriting and additional premiums for 2 years and purchased within 18 to 35 gestational weeks.
 
 
Planting the seeds towards a SECURE EDUCATION FUND for your child
Will you be prepared when your child is ready for higher education? With PRUsaver kid or PRUedusaver, you can start building your child’s education fund and reap the potential of higher returns through our series of PRUlink or PRUlink education funds. You can opt to receive the payout for your child’s education when they are entering higher tertiary institution anytime between the age of 18 – 25 years next birthday.

 

How It Works

What is PRUmy child and who can buy this plan?                                                                          

PRUmy child is a regular premium investment-linked insurance plan. You can buy this plan for your unborn child at 18 weeks into your pregnancy, or for your child who is between 1 to 18 years of age on his/her next birthday.

 

What are the benedits of PRUmy child?

Should the unfortunate happen to your child:
What is payable:
Death before birth and up to 30 days from birth
i) Total premiums paid minus any withdrawals from value of units, or
ii) Total value of units in the policy.
Whichever is higher.
Death after 30 days from birth Sum assured plus total value of units in the policy. Juvenile Lien applies.
Total and Permanent Disability (TPD) before age 70
Sum assured will be payable. Juvenile Lien applies.
(please refer to the policy document or sales illustration for the definitions, terms and conditions of TPD)
 Juvenile Lien: In the event of death, critical illness or TPD before age 5 next birthday (n.b.), the proportion of the basic sum assured paid is at age 1 n.b.: 20%, age 2 n.b.: 40%, age 3 n.b.: 60%, age 4 n.b.: 80%, age 5 n.b.: 100%.
 
 
Upon surrender of the plan
Value of units in the account at the point of surrender. 
 
Upon maturity of the plan
Value of all units in the policy is payable when your child reaches the age of 100 years on his next birthday.
 
Enjoy loyalty bonus
You will receive a Loyalty Bonus of 5% of annualised premium (excluding premiums for top-ups and PRUedusaver PRUsaver kid PRUsaver) upon completion of the 10th policy year and every 3 years thereafter provided you have paid your premium on a timely basis. 
 
(please refer to the policy document or sales illustration for the terms and conditions of Loyalty Bonus)
 
How much premium do I need to pay and for how long?
 
 
Minimum premium per year
PRUmy child
RM600 (subject to underwriting)
PRUsaver kid
RM120
PRUedusaver
RM600 (subject to a maximum of 5 times the premium of the basic PRUmy child plan)
Note: You can only choose either PRUsaver kid or PRUedusaver at point of purchase. Please refer to the sales illustration for the premium allocation.
 
Premium is payable throughout the whole policy term until the expiry of the policy. Upon expiry of any optional benefits, the premiums will be reduced accordingly. Premiums can be paid yearly, half-yearly. quarterly or monthly via auto debit, credit card, cash or cheque.
   
Where are my funds invested?
You can choose to invest in any of the PRUlink and/or PRUlink global series of funds. If PRUedusaver is attached, you are only allowed to invest in the PRUlink education funds as determined by us.  

 

Who Can Apply

You can take up this plan for your unborn child as early as 18 weeks into your pregnancy, or for your child who is between 1 – 18 years of age on his / her next birthday. The parent, who must be between 18 – 60 years old, owns the policy and is able to adapt it as they see fit for the benefit of the child.
 

Please note that this is an insurance product that is tied to the performance of the underlying assets, and is not a pure investment product such as unit trusts.

Optional Benefits

 

Death and Total Permanent Disability
    
Critical Illness Benefit
PRUdisability provider
 
Crisis Shield 
 
 
Crisis Shield Plus
Accidental
 
Multiple Crisis Protector
PRUacci guard
 
PRUessential child
PRUacci med
 
Crisis Defender
     
Health and Hospitalisation Benefits
 
Medical
PRUmed
 
PRUhealth 
Hospital Benefit
 
PRUannual limit waiver 
 
 
PRUmedic auto upgrade 
Payor Benefit
 
PRUmedic retirement
Enhanced PRUpayor basic
 
PRUmedic overseas 
Enhanced PRUpayor saver
 
PRUflexi med
PRUparents payor basic 
 
PRUclinic care
PRUparents payor saver
 
Infant care
PRUparents double payor basic
 
 
PRUparents double payor saver
 
Parent Covers
    Crisis Cover Plus
Savings   PRUterm
PRUsaver kid    
PRUedusaver   Income Covers
    PRUfamily income
    PRUfamily double income

For further details on the optional benefits, please refer to Product Disclosure Sheet, Sales Illustration and Brochure.

 

Download Brochure

For further details on the product, please call 03-2116 0228, email us at customer.mys@prudential.com.my or contact your friendly Prudential Wealth Planner.

Important notes:
1.You should assess the affordability and suitability of the product (including optional benefits) in relation to your financial goals and risk appetite. To achieve this, we recommend you speak to your agent or Wealth Planner who will perform a needs analysis and assist you to make an informed decision.
2.This website is for illustrative purposes only. You are advised to refer to the Prudential Product Disclosure Sheet and Sales Illustration before purchasing a plan, and to refer to the terms and conditions in the policy document for details of the important features of the plan.
3.Buying life insurance policy is a long-term financial commitment. You must choose the type of policy that best suits your personal circumstances. You should read and understand the insurance policy and discuss with the agent/Wealth Planner or contact the insurance company directly for more information.