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Protection
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Death Benefit
The Sum Assured plus Account value is payable in one lump sum upon death.
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Total & Permanent Disability (TPD)
The Account Value is payable upon TPD before age 65. In addition to the Account Value, the sum Assured will be payable.
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Maturity Benefit
The Account Value is payable in one lump sum upon maturity. |
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Wider Coverage |
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Policyholder may widen the coverage by attaching riders to the policy. Some attachable riders include: |
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Uni IL CI- Additional |
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Uni IL PA |
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Uni IL Medic Plus |
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Uni IL Medic |
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Uni IL Living Extra- WOP |
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Uni IL Living Extra- FIB |
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Uni IL Medicare |
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Uni IL WOP (attachable to Payor only) |
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Uni IL FIB ( attachable to Payor only) |
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Flexibility |
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Full Or Partial Withdrawal
Policyholder may exercise partial or full withdrawal of the Account Value at any time.
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Top- Up
Policyholder may make single or regular premium top- ups to increase the investment amount.
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Switching
Policyholder may partially or completely switch their Account Value to another investment fund offered under this product within the Company.
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Premium Holiday
Policyholder may pause paying premium so long as there is sufficient fund in the policy.
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Investment Option |
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You have the flexibility to choose which fund(s) you want to invest your money in. Your decision depends on your investment objective and risk tolerance. Uni Wealth Link offers you seven choices of professionally managed funds:
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Uni Strategic Fund
A Fund which seeks to achieve consistent capital appreciation over the medium- to- long term by investing mainly in companies that had been systematically screened through a series predetermined financial criteria.
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Uni Aggressive Fund
A fund which seeks to achieve consistent and above average capital appreciation over the medium- to- long term by investing mainly in companies with market capitalization of not more than RM750 million at the time of acquisition.
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Uni AsiaEquity Fund
A fund which seeks to achieve consistent, above- average capital appreciation and reasonable income over the medium- to- long tem by investing in balanced portfolio of quality investments in Malaysia and other Asia markets excluding Japan.
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Uni Bond Fund
A fund which seeks to achieve consistent capital preservation over the medium- term while providing a stable long- term and secured income return by investing primarily in a portfolio of investment- grade fixed income securities.
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Uni Global IPO Fund
A fund which aims to achieve medium to long-term capital growth by investing in a single collective investment scheme that invests primarily in IPOs, post IPO listed securities, interest bearing debt securities and/or deposits.
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Uni Gold and General Fund
The fund aims to achieve long-term capital growth by investing in a single collective investment scheme that invests in companies involved in the exploration of precious metals, energy and base metals.
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Uni Asia Pacific Infrastructure Fund
The fund aims to achieve medium to long-term capital growth by investing in a single collective investment scheme that invests primarily in securities (equities or equity-related securities) issued by companies which carry on infrastructure-related businesses in the Asia-Pacific region. |
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Fund Manager |
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The Fund invested through Uni Wealth Link is co-managed by UOB-OSK Asset Management Sdn Bhd and Uni.Asia Life Assurance Berhad. |
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Flexibility In Managing Your Own Portfolio |
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You may start your regular savings plan from as low as RM100 per month. Thereafter, you may top-up, make partial or full withdrawal or switch between funds. The following are tips for you to manage your investment smartly:
Top-Up
You should use the top-up facility as a vehicle to maximize the investment value through Single or Regular Premium Top-Ups. The minimum amount is RM50 (in multiples of RM50) per transaction at any time. 95% of the top-up amount will be allocated for investment.
Partial Or Full Withdrawal
You may make partial or full withdrawal at any time. Partial withdrawal from a minimum of RM500 (in multiples of RM500) is allowed so long as you maintain a minimum balance of RM1,000 in the Account Value at all times.
In the event you make a full withdrawal, your policy will be terminated.
Switching
You may switch between funds, either fully or partially at any time. Partial switch is from a minimum of RM500 (in multiples of RM500) so long as you maintain a minimum balance of RM1,000 in the Account Value.
To request for Top-Up, Partial or Full Withdrawal, or Switching, the Policyholder has to fill up a prescribed form furnished by the Company and subject to approval. |
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Daily Pricing |
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The pricing of the funds shall be computed on daily basis. The Net Asset Value Per Unit (NAV) of the Unit-Linked fund is based on forward pricing.
The NAV is the price at which a Policyholder buys and sells the units of the chosen funds.
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Premium Allocation |
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a) Basic Premium
The Basic Premium allocated for investment will follow the allocation rates set out in the table below. The allocated premium is used to purchase units.
From the above table, for the first policy year, RM800 will be used to purchase units, before deducting any charges. The illustration will vary according to the policy year and Basic Premium amount.
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b) Single Or Regular Top-Up Premium
95% of the Single or Regular Premium Top-Ups will be allocated into investment to purchase units. For example, out of RM1,000 Top-Up Premium, RM950 will be used to purchase units, before deducting any charges.
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Sum Assured Multiple Factor |
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Example:
Life Assured’s age is 35, Sum Assured is RM100,000 and Annual Premium is RM3,000. Based on the chosen Sum Assured, the premium paid will be apportioned to Basic Premium and Regular Top-Up Premium (if any) as follow:
Factor Above:
Basic Premium = Sum Assured / Sum Assured Multiple Factor
= 100,000 / 50
= RM2,000
Regular Top-Up Premium = Annual Premium – Basic Premium
= 3,000 – 2,000
= 1,000 |
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• The Benefits Of Uni Wealth Link
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Monthly Service Charge*
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A monthly service charge will be deducted from the accounts. The amount charged is based on the mode of payment:
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Insurance And Other Charges* |
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* The charges above are not guaranteed and may be revised by Uni.Asia Life Assurance Berhad by giving at least three (3) months written notice prior to the next policy anniversary of such revision. However, the maximum annual increment will not exceed the Malaysia Consumer Price Index (CPI) increase or any such other index used to determine consumer price increase as decided by Uni.Asia Life Assurance Berhad over the relevant period.
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Fund Management Charges** |
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| Uni Strategic Fund |
:1.5% p.a. of the fund value |
| Uni Strategic Fund |
:1.5% p.a. of the fund value
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| Uni Strategic Fund |
:1.5% p.a. of the fund value
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| Uni Bond Fund |
:1.0% p.a. of the fund value |
| Uni Global IPO Fund |
:1.5% p.a. of the fund value |
| Uni Gold and General Fund |
:1.5% p.a. of the fund value |
| Uni Asia Pacific Infrastructure Fund |
:1.5% p.a. of the fund value |
These management charges are accrued on a monthly basis.
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**The charges above are not guaranteed and may be revised by Uni.Asia Life Assurance Berhad by giving at least three (3) months written notice. However, the maximum annual increment will not exceed the Malaysia Consumer Price Index (CPI) increase or any such other index used to determine consumer price increase as decided by Uni.Asia Life Assurance Berhad over the relevant period.
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Notes: |
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The policy will not have a guaranteed cash value. |
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Basic Sum Assured is the minimum amount to be received on Death or TPD. |
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Insurance charge is the amount deducted monthly from your value of units for providing insurance coverage. Insurance charges vary by the attained age, sex, occupation, medical rating and smoking status. Insurance charges above are inclusive of selected riders’ insurance charges and are NOT GUARANTEED and may change depending on the Company’s claims experience. |
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All charges (excluding Fund Management Charges) are not guaranteed and may be varied from time to time subject to BNM’s prior approval and giving 3 months notice prior to policy anniversary, to the Policyholder. |
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The value of policy may rise or fall, depending on the fund’s investment performance. Investment risks under the policy are to be borne solely by the Policyholder. |
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The past performance of a fund may not be a reliable guide to future performance which may be different. |
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The Company may at any time and its absolute discretion cease to permit any issuance or redemption of units or switching to any fund. |
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Investor should also consider the fees and charges involved. |
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Buying a life policy is a long-term commitment and if the Life Assured terminates his/her policy in the early years, he/she may get back less than the amount he/she has paid. |
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Life Assured should consider purchasing a Single Premium Unit-Linked policy in view that such plan offers better allocation rates for investment. |
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The Cost of Insurance, Premium for any riders attached (with express instructions to charge the Account Value) and Policy Charges (for the Basic and Riders) will continue to be deducted from the Account Value during the Premium Holiday period. In the event the Account Value is nil or negative, the Policy shall lapse and there shall be no insurance coverage. |
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The Life Assured is advised that by purchasing too many unit deducting riders, the charges may deplete the Unit-Linked funds. |
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The Life Assured should be satisfied that this plan will best serve his/her needs and that the premium payable under the policy is an amount that he/she can afford. |
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If suicide or self-destruction that will cause death or total and permanent disability, while sane or insane, occurs within one (1) year from the date of issue of the policy or from the date of reinstatement, whichever is later, the Company shall pay the Account Value at the prevailing NAV per unit. |
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The full terms and conditions of this plan is set out in the policy contract
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Important Notes: |
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The plan contained herein is underwritten by Uni.Asia Life Assurance Berhad (277714-A). All claims and liabilities arising from the policies should be made with the Company. |
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In the event of a conflict between the English version of these Terms and Conditions and those translated into Bahasa Malaysia and Chinese (if any), the English version shall prevail. |
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• Why Uni.Asia Assurance Berhad?
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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. |
