PruBSN CrisisCover

PruBSN CrisisCover When life depends on it, depend on us. PruBSN CrisisCover is a carefully designed plan that protects you and your loved ones against financial crisis if unfortunate events happen. A good financial plan will help you in difficult times, allowing you to focus on recovering, while the rest is being taken care of. QUICK GUIDE Provides you with cash if you are diagnosed with one of the 36 critical illnesses so you can get the necessary treatment Provides you and your family with cash if faced with total and permanent disability or if you lose your life Full financial protection from as low as RM0.67 a day! Because you deserve the best. Many people are caught unaware when it comes to healthcare. We hear of unexpected events that happen almost daily in our everyday lives. How many times have you heard of stories of friends or family members feeling ill one day, only to be diagnosed with critical illness? Without adequate protection, we are sometimes left feeling helpless. Putting in place a financial plan is a wise thing to do now. Your life is precious. Not only to you, but also to your loved ones. A good financial plan will help you in difficult times, allowing you to focus on recovering, while the rest is being taken care of. Here are some frequently asked questions to help you understand our product better. What is PruBSN CrisisCover? PruBSN CrisisCover is a carefully designed plan that protects you and your loved ones against financial crisis if unfortunate events happen. Critical illness such as heart attack, cancer, coronary artery disease, stroke, kidney failure and chronic liver disease are some of therelated illnesses covered, as well as loss of life and total and permanent disability. On top of that, you can also add on additional coverage to strengthen your level of protection. PruBSN CrisisCover. The support you need when you need it most. How PruBSN CrisisCover helps you? Financial Support In Times of Need Provide you with cash if you are diagnosed with one of the 36 critical illnesses so you can get the necessary treatment Financial Protection For Your Family Provide your family with cash if you lose your life, so they can continue their live without financial worries Financial Protection For You Provide you with cash if you cannot continue to earn a living due to a total and permanent disability Keep You Away From Financial Stress You do not need to worry about constraints in times of crisis Get Better Medical Treatment With a lump sum cash, superior medical care is within reach Minimal Cost With Maximum Benefit Ensures full financial protection with contribution as low as RM0.67 a day! Secure A Home For Your Family Use the cash provided from this plan to pay off your mortgage to secure a home for your family if the unexpected happens to you How to further enhance your PruBSN CrisisCover? You may enhance your PruBSN CrisisCover benefits to cover you against loss of income with the following options with additional contributions. Family Income Benefit Provides your loved ones with monthly income if you lose your life, get diagnosed with a critical illness or become totally and permanently disabled Spouse Contributor (only applicable if the covered person is 19 years old or above at entry) Pays for your future contributions if your spouse: passes away, or is diagnosed with a critical illness, or becomes totally and permanently disabled Parents Contributor (only applicable if the covered person is below 19 years old at entry) Pays for your future contributions if your parent: passes away, or is diagnosed with a critical illness, or becomes totally and permanently disabled How much is the contribution for PruBSN CrisisCover? The minimum monthly contribution for this plan is RM20. However, your actual contribution shall depend on the following: Your age Your amount of coverage Your health status Your gender Your payment method Your frequency mode whether monthly, quarterly or yearly What is not included under PruBSN CrisisCover? PruBSN CrisisCover does not cover the following situations. If any of these happen, the benefits offered under the plan will not be payable to you. If symptoms of the critical illnesses are evident within the stated period from the inception date of the certificate* - 60 days for a heart attack, coronary artery heart disease that needs surgery, cancer or other serious coronary artery heart diseases - 30 days for any other critical illness If the critical illness is developed from a pre-existing condition If the critical illness is directly or indirectly caused by acquired AIDS or any HIV infection, except when AIDS is full blown or is caused by a blood transfusion. If the loss of life occurs as a result of suicide within one year of the inception date of the certificate If total and permanent disability occurs due to attempted suicide and self-inflicted injury If the total and permanent disability occurs because you are involved in dangerous aerial activity (including parachuting and sky-diving) unless you are part of a flight crew or as a paying passenger on a licensed commercial flight operating on a regular and designated route If you do not disclose important information such as any pre-existing illness and so forth during your application for the plan * Terms and conditions apply. Please refer to annexure for further information. Who can take up PruBSN CrisisCover? You can take up this plan as early as 19 years old next birthday and as late as age 65 next birthday You can also start protecting your child from as young as 30 days old How PruBSN CrisisCover helps you? PruBSN CrisisCover is based on Wakalah Mudharabah model where we put your contribution into your account after we take a portion of it as Wakalah charge. This is a fee for the services we provide. The Mudharabah allows you to share any investment profit from your account and Tabarru' fund. You will receive 80% of the profit whilst we will receive 20% from it. Your portion will be placed back into your account and Tabarru' fund respectively. The details of Wakalah charge and other related charges are listed in the table below. The type of charges Details of charges Upfront Wakalah charge   Certificate Year Percentage of contribution 1 2 3 4 5 & 6 7 & above 75% 55% 35% 30% 15% 0% Certificate charge There will be a certificate charge of RM25 a year from your contribution for certificate servicing expenses Tabarru' This is an amount taken each month for the duration of the coverage based on your age, gender, health status, amount of coverage Risk management charge We take 35% from your Tabarru' for risk management of the Tabarru' fund Notes:  The upfront Wakalah charge is for certificates with term of 20 years or more. For certificates with term less than 20 years, it will be reduced accordingly. Please refer to the plan illustration for more detailed information. The Takaful protection comes from your Tabarru' (donation) that we put in the Tabarru' Fund. Any surplus* from the Tabarru' Fund will be given back to you after we have set aside an amount as contingency reserve. * Inclusive of underwriting surplus and your portion in Tabarru' fund's investment profit