Insurance & Estate Planning
Insurance Products
Public Mutual offers insurance coverage exclusively for its unitholders.
| Funds that come with Complimentary* Insurance
|
Conventional
Shariah-based
Private Retirement Scheme (PRS)
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| Complimentary* Group Personal Accident with Permanent Disablement
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|
| Complimentary* Takaful Group Personal Accident with Permanent Disablement
|
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| Find out more information on the claims procedure
|
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| Complimentary* Insurance/Takaful Nomination Form
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Complimentary* Group Term Life / Personal Accident Insurance
The following Insurance/Takaful coverage is provided to qualified unitholders of the following funds:
| Fund
|
Insurance Company
|
Coverage
|
Eligibility
|
Max unit/NAV
|
Coverage age
|
Remarks
|
| Public Far-East Balanced Fund
|
Tokio Marine Life Insurance Malaysia Bhd
|
Term Life & Personal Accident (2 x coverage for accidental causes)
|
Minimum NAV of RM5,000 at any time (accumulate from EPF / Cash investment account(s))
|
Up to NAV of RM100,000
|
18 -59
(coverage will cease at age 60)
|
The total sum cover is equal to the NAV of units held in the ratio of RM1 insurance coverage for every RM1 NAV of units held.
|
| Public Tactical Allocation Fund
|
| Public Balanced Fund
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Minimum of 5,000 Units at any time (accumulate from EPF / Cash investment account(s))
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Up to 100,000 Units
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The total sum cover is equal to the number of units held in the ratio of RM1 for every units held.
|
| Public Ittikal Fund
|
AIA Public Takaful Bhd
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| Public Ittikal Sequel Fund
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Minimum NAV of RM5,000 at any time (accumulate from EPF / Cash investment account(s))
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Up to NAV of RM100,000
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The total sum cover is equal to the NAV of units held in the ratio of RM1 insurance coverage for every RM1 NAV of units held.
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| Public Islamic Mixed Asset Fund
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| Public Islamic Asia Tactical Allocation Fund
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Public
e-Islamic Cash Deposit Fund
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Syarikat Takaful Malaysia Am Bhd
|
Personal Accident
|
Public
e-Cash Deposit Fund
|
Lonpac Insurance Bhd
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| PB Asia Real Estate Income Fund
|
Tokio Marine Life Insurance Malaysia Bhd
|
Term Life & Personal Accident (2 x coverage for accidental causes)
|
Minimum NAV of RM5,000 at any time (accumulate from EPF / Cash investment account(s))
|
Up to NAV of RM100,000
|
18 -59
(coverage will cease at age 60)
|
The total sum cover is equal to the NAV of units held in the ratio of RM1 insurance coverage for every RM1 NAV of units held.
|
| PB Balanced Sequel Fund
|
| PB Balanced Fund
|
Minimum 5,000 Units at any time (accumulate from EPF / Cash investment account(s))
|
Up to 100,000 Units
|
The total sum cover is equal to the number of units held in the ratio of RM1 for every units held.
|
The following Insurance/Takaful coverage is provided to qualified Mutual Gold / Mutual Gold Elite / Mutual Gold Platinum members.
| Insurance Company
|
Coverage
|
Eligibility
|
Mutual Gold Qualifying Points (MGQP)
|
Coverage age
|
Remarks
|
| Lonpac Insurance Bhd
|
Personal Accident
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Minimum 150,000 Mutual Gold Qualifying Points (MGQP) at any time
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Up to 500,000 MGQP for Mutual Gold member, 750,000 MGQP for Mutual Gold Elite member and 1,000,000 MGQP for Mutual Platinum member
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18 - 74 (coverage will cease at age 75)
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The total sum cover is equal to the MGQP in the ratio of RM1 insurance coverage for each MGQP.
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| Syarikat Takaful Malaysia Am Bhd
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Personal Accident
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Minimum 150,000 Mutual Gold Qualifying Points (MGQP) at any time
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Up to 500,000 MGQP for Mutual Gold member, 750,000 MGQP for Mutual Gold Elite member and 1,000,000 MGQP for Mutual Platinum member
|
18 - 74 (coverage will cease at age 75)
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The total sum cover is equal to the MGQP in the ratio of RM1 takaful coverage for each MGQP.
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Complimentary* Personal Accident Insurance / Takaful with coverage of Accidental Death and Permanent Disability is provided to qualified PRS contributors.
|
Fund
|
Effective Date
|
Insurance Company
|
Coverage age
|
Eligibility
|
Maximum Coverage
|
Remarks
|
|
PRS Islamic
Growth
(PRS-IGRF)
|
1 October
2013
|
Syarikat Takaful Malaysia Am Bhd
|
18 -59
(coverage will cease at age 60)
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Minimum NAV of RM5000 at any time (can be accumulated from various PRS accounts for Shariah-Based Series of funds)
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Up to RM100,000 per contributor for PRS Shariah-Based Scheme
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Sum cover is equal to the NAV of units held in the ratio of RM1 takaful coverage for every RM1 NAV of units held.
|
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PRS Islamic
Moderate
(PRS-IMDF)
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PRS Islamic
Conservative
(PRS-ICVF)
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PRS Islamic
Strategic Equity Fund (PRS-ISEQF)
|
6 November 2015
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PRS Growth
(PRS-GRF)
|
1 October
2013
|
Lonpac Insurance
Bhd
|
Minimum NAV of RM5000 at any time (can be accumulated from various PRS accounts for Conventional Series of funds)
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Up to RM100,000 per contributor for PRS Conventional Scheme
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Sum cover is equal to the NAV of units held in the ratio of RM1 insurance coverage for every RM1 NAV of units held.
|
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PRS
Moderate
(PRS-MDF)
|
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PRS
Conservative
(PRS-CVF)
|
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PRS Equity
Fund
(PRS-EQF)
|
3 September
2015
|
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PRS
Strategic
Equity Fund
(PRS-SEQF)
|
Note:
Details in this web page are for information purposes only. The benefits and exclusions described herein are subject to all the terms and conditions of the Master Policy. The copy can be viewed at any of Public Mutual Customer Service Centre/Branches
* Subject to terms and conditions.
You are advised to read and understand the following before contributing or proceeding further from this page:
- Product Highlights Sheet
- Disclosure Document
Members should rely on their own evaluation to assess the merits and risks of the contribution. In considering the contribution, members who are in doubt as to the action to be taken should consult their professional advisers immediately.