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The Guaranteed Cash Value is available starting from the end of the 3rd policy year and after 3 full annual premiums have been paid.
- Non-Guaranteed Cash Dividends
Non-Guaranteed Cash Dividends will be payable starting from the end of the 21st policy year and until maturity.
Arrangement to receive the Non-Guaranteed Cash Dividends Benefit are similar to the Accumulated Guaranteed Cash Payment options.
The Non-Guaranteed Cash Dividend and interest rate declared maybe more or less than illustrated, depending on the performance and investment results experienced by the Company.
- Participating Paid-up Option
Uni Guaranteed Income Extra allows you the flexibility of converting your policy to a Participating Paid-Up Assurance that is free from future premiums. The policy will continue to receive the Company’s Non-Guaranteed Cash Dividends and future Guaranteed Cash Payments based on the new Sum Assured as shown in the table following.
Terminal Dividend is non-guaranteed and is payable upon Death, TPD, Surrender or Maturity of the policy.
Upon surrender of the policy, you will receive in one lump sum the Guaranteed Cash Value and Accumulated Guaranteed Cash Payments (if any), Terminal Dividend (if any) and the Accumulated Non-Guaranteed Cash Dividends (if any).
The Guaranteed Cash Value is only available starting from the end of the 3rd policy year and after 3 full annual premiums have been paid.
Upon maturity of the policy, you will receive 100% of the In-Force Sum Assured, Accumulated Guaranteed Cash Payments (if any), Terminal Dividend (if any) and the Accumulated Cash Dividends (if any).
100% of the In-Force Sum Assured and Accumulated Guaranteed Cash Payments (if any), Terminal Dividend (if any) and Accumulated Non-Guaranteed Cash Dividends (if any) will be payable in one lump sum. After which, the policy automatically terminates.
In the event of death of the Life Assured before his / her 4th birthday, lien is applicable and the benefit payable shall be as follows:
- Total and Permanent Disability (TPD) Benefit
Upon the Company’s admittance of TPD of the Life Assured, 100% of the Accumulated Guaranteed Cash Payments (if any), Terminal Dividend (if any) and Accumulated Cash Dividends (if any) will be payable in one lump sum.
The In-Force Sum Assured will also be payable in one lump sum if it is less than or equal to RM500,000. If the In-Force Sum Assured is more than RM500,000 but less than RM1.5 million, the first RM500,000 will be payable in one lump sum, while the remaining balance will be payable in 2 equal annual installments. All future Guaranteed Cash Payments and Non-Guaranteed Cash Dividends shall cease to be payable once TPD is admitted and approved by the Company.
TPD benefit starts upon the Life Assured reaching 6 years old and expires on the Policy Anniversary on which the Life Assured’s age is 65 years. No lien is applicable.
You may widen the coverage by attaching the following riders to the policy:
• Uni Medicare
• Uni PA
• Uni Protector
• Uni Protector Enhanced
• Uni Payor Protector (WOP & FIB)*
• Uni Payor Enhanced (WOP & FIB)*
• Uni Lady Plus
• Uni Living Extra (WOP & FIB)*
• Uni Medic Plus
• Uni Medic
• Uni Critical Care
* Rider(s) terms should be less than or equal to the Premium terms.
Eligible Entry Age (Nearest birthday)
Minimum: 2 weeks
Maximum: 60 years old
Policy Term: Up to age 100
Premium Term: 20 years
Sum Assured Limit
Minimum: RM10,000
Maximum: No limit but subject to underwriting
Risks Not Covered
If Total & Permanent Disability (TPD) (all causes) of the Life Assured is caused directly or indirectly from the following, no benefits will be payable:
(a) Attempted suicide while sane or insane; or
(b) Self-inflicted injury while sane or insane; or
(c) Injury sustained while under the influence of drugs or liquor or intoxicating substance; or
(d) Engaging in any hazardous speed or endurance contest; or
(e) Engaging in airborne activity other than as a fare paying passenger or a crew of an aircraft operated by an airline on scheduled commercial route; or
(f) Submarine voyage; or
(g) Engaging or performing duties in military, police or aeronautical service; or
(h) A disease, illness or accident which the Life Assured was suffering from or sustained or diagnosed, before the Issue Date or date of last reinstatement, whichever is later.
Important Notes:
• If you terminate your policy in the early years, you may get back less than the amount you have paid.
• You should be satisfied that this plan will best serve your needs and that the premium payable under the policy is an amount that you can afford.
• If suicide or self-destruction that will cause Death or Total and Permanent Disability, while sane or insane, occurs within one year from the date of issue of the policy or from the date of reinstatement, whichever is later, the Company shall return the premium paid without interest.
• This brochure is for general information only. It is not a contract of insurance. The precise items, conditions and definitions of this insurance plan are specified in the policy contract.
• Please refer to the Sales Illustration and Product Disclosure Sheet (PDS) for further details before deciding on your purchase.
• The policy will not have a Guaranteed Cash Value on termination until after you have paid premium for 3 years.
• Policy Benefit is not payable if the Life Assured dies by dueling or by the hands of justice or as a result of committing or attempting to commit an unlawful act under any prevalent law in force during the term of the policy.
- Why Uni.Asia Life Assurance Berhad?
When you take up a policy with us, you can be assured that you will be taken care of because we protect you for life.
Uni.Asia Life Assurance Berhad is a DRB-HICOM and UOB company.
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