Insurance News
Brief insurance news and digest for the busy executives. A handy insurance news archive with main focus on Malaysia. Disclaimer: While all attempts are made to ensure the accuracy of the news herein, we will not be liable for any loss arising from the use of any information contained in this blog. You may reproduce materials published here provided the source (news.actuaries.com.my) is properly acknowledged.
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Thursday, 4 December 2008
PRUmultiple Crisis Cover
Prudential launches it multiple crisis cover product this week and expects the plan to contribute 10% of its new business premiums by the end of next year.Product Features:
- Multiple claims of up to 3 critical illnesses
- Coverage of 2 instances of cancer
- Protection against death and disability
- Premium is 20% higher than its conventional plans
- PRUwaiver can be attached to waive premiums on diagnosis of first critical illness
- Critical illnesses are categorised into 6 groups
- Once a claim is made from a particular group, the group is excluded from future claims
Source: The Star
Labels: Products, Prudential
About Me
- Name: Teh Loo Hai
- Location: Kuala Lumpur, Malaysia
Loo Hai is an actuarial recruiter cum actuarial consultant. He has over 20 years of work experience gained in Malaysia and Australia in the actuarial, insurance, takaful and pension fields.
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