Parent Payor Basic

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.

2. This product comes with Extension of Coverage Term to extend  the term of basic plan up to the Policy Anniversary of Life Assured’s age 100. For rider(s), if applicable, the rider's term will be extended up to the Policy Anniversary of Life Assured's age 100 or the rider’s maximum coverage term, whichever is earlier. Unless you request to disable the Extension of Coverage Term, your policy will be auto extended as long as it has sufficient value of units to be deducted to pay for the relevant charges, fees and taxes during the extended term. To ensure sufficient value of units, additional premium is likely required during the extended term. During the extended coverage term, the coverage provided by the basic plan and rider(s) (if applicable) will remain the same.

3. Any age reference shall be on the basis of Age Next Birthday.

PROTECTION BY PERBADANAN INSURANS DEPOSIT MALAYSIA (“PIDM”) ON BENEFITS PAYABLE FROM THE UNIT PORTION OF THIS CERTIFICATE/POLICY IS(ARE) SUBJECT TO LIMITATIONS. 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).

Parent Payor Basic is a rider designed to pay the annual premiums of your child’s protection plan in case of unforeseen circumstances faced by the parent.

The Parent Payor Basic ensures that your child's insurance coverage continues by taking on the responsibility of paying the annual premiums if you face unexpected challenges.

Parent Payor Basic covers the annual premiums for the Prudential plan attached with this rider.

If you have PRUSaver or PRUSaver Kid, you can add the "Parent Payor Saver" which covers the PRUSaver or PRUSaver Kid premiums until they turn 25 or until the end of the premium payment term.

The Parent Payor Basic covers until the the child turns 25 or until the end of the premium payment term.

The benefits are triggered if the parent passes away, is diagnosed with a critical illness, or becomes Totally and Permanently Disabled (TPD) before age 70.

Yes, Parent Payor Basic can be attached to specific plans, namely PRUWith You and PRUWealth Enrich.

No, Parent Payor Basic is a rider, which means it's an add-on to a basic insurance plan.

It ensures that your child's insurance coverage continues without interruption by covering the annual premiums in case of unforeseen events affecting the parent.

It acts as a backup plan, ensuring that the child's insurance premiums are paid, easing potential financial burdens on the child in case of mishaps affecting the parent.

The coverage is available until the parent reaches the age of 70.

The Parent Payor Basic rider pays annual benefits equal to the annual premiums of your child’s protection plan.