Every member of society should have adequate life insurance coverage to ensure that their loved ones can afford to arrange a decent burial and have the financial resources to continue their life while searching for other alternative sources.

Based on the concept of insurance for the people and in line with government's aspiration to ensure every member of society have some form of life insurance protection, Uni.Asia Life and Pos Malaysia have taken the initiative to introduce POS Hayat, a group life insurance scheme that offers basic coverage at a reasonable price.

POS Hayat Benefits

POS Life Plan offers three types of packages, Plan 1, Plan 2 and Plan 3.

  • Coverage is offered up to age 70
  • Easy and fast application process.
  • Yearly guaranteed renewable.
  • Premium as low as RM11*cents per day.
  • Annual tax relief (subject to the approval of the Inland Revenue Board)

* For Plan 1 (Age between 18 to 50 years old)

Premium Payment Schedule

Who is Eligible to Apply
  • The minimum entry age: 18 years old (nearest birthday)
  • The maximum entry age: 65 years old (nearest birthday)

Exclusion for Additional Accidental Death Benefits due to:-

  • assault or murder; or
  • riot, civil commotion, strikes or terrorist activities; or
  • self infliction/destruction or any attempt threat while sane or insane; or
  • suicide whether sane or insane; or
  • while or because of the Life Assured is under the influence of alcohol, narcotic, drug or as a result of inhaling gas or fumes; or
  • pregnancy or childbirth; or
  • pre existing physical or mental infirmity; or
  • sicknes or disease; or
  • infections of any kind of bodily injury due to a gradual operating cause; or
  • war declared or undeclared; or
  • military, police, air or naval service in time of declared or undeclared war or while under orders for warlike operation or restoration of public order; or
  • the Life Assured participating in any criminal act or brawl; or
  •  the Life Assured participating in any hazardous pursuits like boxing, skiing, wrestling, diving, mounteering, rappeling, river rafting; or
  •  Life Assured involved in any airborne activities other than as a fare paying passenger or  a crew member of an aircraft operated by an international airline and licensed or passenger service over a regular scheduled commercial route, or
  • Life Assured involved in any form of racing other than on foot, any speed or endurance contest.
  • Life Assured involved in hazardous tasks such as boxer, acrobat, stunts and others.

Important Notes

  • You are given 15 days to review your participation of this plan and if you decide to cancel it, please return the Certificate of Insurance to the Post Office. The premium paid will be refunded by Uni.Asia Life Assurance Berhad without any additional interest.
  • After the 15 day evaluation period expires, the Certificate of Insurance issued on the policy does NOT have any cash surrender value except for a death claim.
  • The previous Certificate of Insurance must be renewed annually to ensure continuous protection.
  • Beneficiary must notify the Company within 90 days from the date death occurs for compensation to be made.
  • Before you purchase this plan, make sure it is appropriate for you and you can afford to pay the premium charged.
  • For citizens and permanent residents only.
  • Uni.Asia Life Assurance Berhad is a member of Perbadanan Insurans Deposit Malaysia (PIDM). As a member of PIDM, some of the benefits insured under the takaful certificates or insurance policies offered by Uni.Asia Life Assurance Berhad are protected against loss of part or all of takaful or insurance benefits by PIDM, in the unlikely event of an insurer member failure. For further details of the protection limits and the scope of coverage, please obtain a PIDM information brochure from Uni.Asia Life Assurance Berhad or visit PIDM website (www.pidm.gov.my) or call PIDM toll free line (1-800-88-1266).