Spouse Waiver

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.

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).

Spouse Waiver is a spousal insurance rider from Prudential Malaysia that ensures your insurance plan continues even if your spouse faces unexpected health difficulties. It covers all future premiums if your spouse passes away, becomes Total and Permanently Disabled (TPD) before age 60, or is diagnosed with a critical illness.

If your spouse unfortunately passes away, becomes Total and Permanently Disabled (TPD) before age 60, or is diagnosed with a critical illness, Spouse Waiver covers all future premiums of your plan. This means you will remain protected from your spouse’s insurance coverage.

The Spouse Waiver plan may not provide coverage if your spouse becomes Total and Permanently Disabled (TPD) or is diagnosed with a critical illness after the age of 60 or if the cause of death, disability, or disease is due to circumstances that are typically excluded in insurance policies.

Yes, you can add the Spouse Waiver to certain insurance plans such as PRUCash Double Reward and PRUCash, and other existing plans depending on the Terms & Conditions of each insurance coverage.

Should your spouse recover from a critical illness, the continuation or cessation of the Spouse Waiver coverage, or the possibility of a waiting period before the coverage resumes, may vary. Because each situation is unique, it is a case-by-case basis according to Prudential's policy guidelines.

Yes, Spouse Waiver covers your spouse until they reach the age of 60. If your spouse becomes Total and Permanently Disabled (TPD) or is diagnosed with a critical illness before this age, the rider will cover your premiums.

Adding a rider to an existing insurance policy involves contacting Prudential to discuss your desired changes and potentially undergoing additional underwriting. Contact us or visit our branch or speak to your Wealth Planner for more information.

Adding the Spouse Waiver rider to your policy when your spouse already has a pre-existing critical illness may be subject to Prudential's underwriting guidelines.

The cost of adding Spouse Waiver to your plan can vary based on several factors. This includes the base policy to which it is being added, your health and general lifestyle. Contact us or visit our branch or speak to your Wealth Planner for a specific quote.

To file a claim for a Spouse Waiver, you will need to notify us, fill out the required claim forms, and submit any necessary supporting documents. For more information on how to make an insurance claim, please click here.

When your spouse reaches the age of 60, the specifics of your Spouse Waiver coverage may change. After this point, the plan may not cover the premiums if your spouse becomes Total and Permanently Disabled (TPD) or is diagnosed with a critical illness.