PB Life Care

PB Life Care

PB Life Care
Safeguard you and your family from any financial insecurity at times of crisis or an unfortunate event.

What is PB Life Care?
PB Life Care is a non-participating term plan which provides a lump sum benefit upon the death or Total and Permanent Disability of the insured.

In addition, this plan also provides higher sum assured if the death of the insured is due to an accident.

This product is created exclusively for Public Bank account holders where payment can be made via credit card/debit card/Public Bank Savings account.

How can you and your family benefit from this plan?

  • Non-Accidental Death Benefit is payable in the event the insured person suffers loss of life.
  • Accidental Death Benefit is payable if the insured person suffers loss of life due to an injury caused by an accident. It also covers accidental death due to assault, murder, riot and civil commotion provided the insured did not participate in such acts.
  • Total and Permanent Disability (TPD) Benefit is payable in the event the insured suffers TPD.
  • Guaranteed Premium where premium is level and guaranteed throughout policy term.
  • Easy and Simple Enrolment Process where no medical examination is required.
  • Convenient Premium Payment via auto debit from your credit card/debit card/Public Bank Savings account.

Features At A Glance

Plan Types

5 affordable plans at different benefit amounts. Please refer to the table of benefits below.

Entry Age  

Minimum Age
Insured – 18 years old

Maximum Age
Insured  –  55 years old

Coverage Term

  • Non-accidental Death Benefit up to age 80;
  • Accidental Death Benefit up to age 75;
  • Total and Permanent Disability benefit up to age 65;


Table of Benefits

Benefits

Amount of Benefit

Plan 1
(RM)

Plan 2
(RM)

Plan 3
(RM)

Plan 4
(RM)

Plan 5
(RM)

Death Benefit          
  • Non-accidental Death Benefit

 50,000
 

75,000

100,000

200,000

300,000

  • Accidental Death Benefit*
    (extended to cover accidental death due to assault, murder, riot and civil commotion provided the insured did not  participate in such acts)

100,000

 

150,000

200,000

400,000

600,000

Total and Permanent Disability (TPD) Benefit

 50,000

75,000

100,000

200,000

300,000

 Note:

*If the Insured dies due to an accidental injury after the policy anniversary immediately following the insured’s seventy-fifth (75th) birthday anniversary while this policy is in force and before the expiry date of the policy, the Non-accidental Death Benefit will be paid.

What Doesn’t PB Hospital Care Cover?

  1. Death caused by suicide within one (1) year from the issue date or commencement date, whichever is later. AIA’s liability shall be limited to the refund of premiums paid without interest.
  2. Any accidental death resulting from:
    • Willful exposure to danger or attempted self-destruction or self-inflicted injuries while sane or insane.
    • Service in the armed forces in time of declared or undeclared war or while under orders for warlike operations or restoration of public order.
    • Participation in any fights or affray.
    • Accident occurring while or because the insured is under the influence of alcohol, any non-prescribed drug or illegal drug.
  3. Any total and permanent disability resulting from:
    • Willful exposure to danger or attempted self-destruction or self-inflicted injuries while sane or insane.
    • Services in the armed forces in time of declared or undeclared war or while under orders for warlike operations or restoration of public order.
    • Any congenital defect which has manifested or was diagnosed before the insured attains seventeen (17) years of age.
    • Any disability resulting from a physical or mental condition which existed before the issue date or commencement date, whichever is later, which was not disclosed in the application or health statement.

The description, benefits, exclusions, terms and conditions described above have been summarized and are not exhaustive. Details of more complete terms, conditions and exclusions are available in the policy contract and Product Disclosure Sheet.

What If I Change My Mind About This Coverage?

You can call AIA Customer Service Hotline at 1-800-181-464 to cancel your policy over the phone before the policy contract is issued. Alternatively, you may cancel your coverage at any time by submitting a written notice to AIA Bhd.

**This product is specially brought to Public Bank’s customers via its insurance program with AIA Bhd. and is sold through Telemarketing only.

Sign up today and get protected. To find out more, please contact Public Bank’s toll free line at 1-800-22-9999.

 Product Disclosure Sheet:

 English version, please click here

 Bahasa Malaysia version, please click here

 



This plan is underwritten by AIA Bhd. licensed under the Financial Services Act 2013 and regulated by Bank Negara Malaysia.

Contact Details:
AIA Bhd. (790895-D) Menara AIA, 99 Jalan Ampang, 50450 Kuala Lumpur, P.O Box 10846, 50927 Kuala Lumpur


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