PruBSN UmmahLink
IN YOUR QUEST FOR LIFE FULFILMENT, PLAN AHEAD
In your quest for life
fulfilment, plan ahead
How many of us have put aside some savings to use
when we encounter an unexpected financial crisis?
We spend years of planning towards a comfortable
future but sometimes still not enough to take
care of things that matter in our life. Whether you
are planning to perform Hajj or Umrah, building
education or retirement fund or simply having
some extra cash to enjoy a nice vacation with your
family, you need a reliable plan that fulfils your
every quest in life.
PruBSN UmmahLink takes you one step ahead in
growing your savings whilst providing you with
the necessary protection for your life plans. With
PruBSN UmmahLink, you will receive back your
savings through cash payout every two years,
enjoy life and financial protection as well as having
information at your fingertips that will take you a
step closer towards life fulfilment.
Build and Safeguard
your Quest
Savings and
Cash Payout
Accumulate your savings through
CashBuilder with cash payout every
two years.
Optimise
Potential
Investment
Returns
Entitlement for a series of lucky draws
through your savings.
Optimise your investments via
investing in the Takafulink Funds.
Ease financial burden with Death or Total
and Permanent Disability (TPD) Benefit,
Double Takaful Benefit, Badal Hajj
Benefit and Compassionate Benefit.
Extend your coverage in medical, critical
illness and other life protection benefits
for total peace of mind.
Protection
Guides you to a remarkable
spiritual journey with information
at your fingertips.
PruBSN
Insan
Plan Ahead for Endless
Reward
CashBuilder is a saving instrument that can be customised to assist you in your quest for life
fulfilment where it is invested in Cash Unit Account (CUA) and Investment Unit Account (IUA). One
portion of the CashBuilder provides cash payout every two years for better financial planning with
the amount that you decide to have. You may decide whether to accumulate the cash payout in
your Cash Unit Account (CUA) for higher cash value or auto-transfer the amount to your Tabung
Haji account or personal savings account if you are planning to perform Hajj or Umrah or your other
quests in life. In order to optimise your investment growth, the other portion provides potential
returns through investment in Takafulink Dana Ekuiti.
RM1,000 cash payout every two
years (auto-transfer to Tabung Haji*
/ savings account)
Below is an
illustration of how
PruBSN UmmahLink
with CashBuilder
rewards you in the
long run.
Inv
est
m
Y CONT
RI
R
PruBSN
UmmahLink
SI
20
0
BA
C
Pro
BU
te c
= RM100
B
CASH UILDE
Acc
RM oun
60 t
THL
ON
Cash Uni
t
ON
TI
M
unt (IUA)
Acco
nit
t U 40
en RM
)
UA
(C
Total cash payout over
30 years = RM15,000
Maturity amount from CUA
at year 30 = RM6,600
MO
NTH
ti o n
LY CO NTRIBUTION
RM 200
=R
M
(
U nit A c c o u n t
A)
PU
The above diagram is for illustration purposes only based on male, 30 years old, and nonsmoker with sum covered of RM200,000 and RM1,000 cash payout for every two years.
The total projected cash value from your investment portion is based on investment in the
Takafulink Dana Ekuiti and Takafulink Dana Simpanan and is not guaranteed. Scenario 1 and
2 are based on a gross growth rate of 9% and 2% for Takafulink Dana Ekuiti respectively, and
2.42% and nil for Takafulink Dana Simpanan respectively.
That’s not all. Your savings through CashBuilder entitles you for a series of lucky draws carried
out by Bank Simpanan Nasional (BSN) through their Sijil Simpanan Premium (SSP)** draws,
thus giving you opportunities to win attractive prizes!
** SSP (which includes the lucky draws) is a Shariah-compliant product approved by the Shariah Committee of Bank
Simpanan Nasional. Subject to terms and conditions.
* This option is only
applicable to Muslim
customers only.
Potential investment return
Total projected cash
value (excluding total
cash payout and
maturity amount from
CUA) at year 30:
Scenario 1 = RM137,098
Scenario 2 = RM55,629
Protect What Matters
the Most
Sum covered
in the event
of loss of life or
Total and Permanent
Disability (TPD).
BASIC
COVERAGE
Provides RM2,000
for funeral expenses
in the event of death.
COMPASSIONATE
BENEFIT
For non-Muslim
customers, this benefit
is payable as additional
compassionate
benefit.
Double basic
sum covered
amount in the event
of loss of life or TPD
during any
Hajj or Umrah
trip.
DOUBLE
TAKAFUL
BENEFIT
Choice to enhance
your plan to
complement your life style
and needs with additional
coverage on medical,
critical illness, accidental
or disability.
In the event that
you are incapable of
performing Hajj due to
loss of life or TPD, the
Badal Hajj benefit opens
up the possibility for your
nominee to perform Hajj
on your behalf with
amount payable
of RM3,000.
BADAL
HAJJ
ENHANCED
BENEFITS
Linking You with
Technology
PruBSN Insan is a mobile app that is designed to guide you
to a remarkable spiritual journey. It provides you with:
AD
O
L
N
DOW W!
NO
lay
ogle P
in Go tore.
le
b
a
S
il
Ava
le App
& App
About PruBSN UmmahLink
PruBSN UmmahLink is a regular contribution investment-linked takaful plan that
provides you with protection, investment and savings.
How much is the contribution?
The minimum contribution is RM150 per month
including the contribution of CashBuilder. The
contribution for the CashBuilder is based on
the cash payout amount.
Who is eligible for this plan?
The plan is open to individual aged
between 19 and 70 years old. The expiry
age of the plan is 80 years old. Age refers
to Age Next Birthday.
What are the charges and deductions?
The details of charges and deductions are listed
in the table on the next page. All charges are not
guaranteed. PruBSN reserves the right to change the
rates by giving prior notice to customers.
Types of Charges
and Deductions
Details
T his charge allows us to pay commission and distribution related expenses
as well as management expenses. The percentage below is based on term
20 years or more. For term less than 20 years, you may refer to the Plan
Illustration.
Upfront
wakalah
charge
Certificate
year
Upfront
wakalah
charge
1
2
3
4
5&6
7&
above
60%
60%
50%
30%
20%
0%
For CashBuilder, the upfront wakalah charge is 5% throughout the
certificate term for contribution that is allocated into the IUA only. There
is no wakalah charge for contribution that is allocated into the CUA.
This is charged on a daily basis from your investment account value for
your investment management expenses.
Asset
management
charge
Takafulink Dana Bon
0.5% p.a.
Takafulink Dana Ekuiti
1.5% p.a.
Takafulink Dana Urus
1.3% p.a.
Takafulink Dana Simpanan
Not Applicable
This is charged for certificate servicing expenses.
Service
charge
Payment method
Charge
Cash/ cheque
RM6 per month
Others
RM5 per month
Top-up
charge
We charge 5% on every single contribution top-up. On top of that, for
each top-up of less than RM5,000, there will be an additional charge of
RM25.
Fund
switching
charge
We provide four free switches every year. For any subsequent switches
within the year, the switch charge is set at 1% of the amount switched
(subject to maximum of RM50).
Tabarru’
We deduct an amount each month from your protection account based
on your age, gender, sum covered, occupational class and smoking status.
Tabarru’ means a donation of a specified portion from the contribution
into the Tabarru’ Fund for the purpose of mutual aid and assistance among
fellow participants according to the agreed benefits under the plan.
Important Notes
This is a takaful product that is tied to the performance of the underlying assets, and it is not a pure
investment product such as unit trusts.
2 This brochure does not form a contract between you and Prudential BSN Takaful Berhad (PruBSN). Please refer
to the Plan Illustration, Product Disclosure Sheet and Fund Profile before participating in the plan.
3 The contribution amount for CashBuilder will be allocated in a pre-defined amount between IUA and CUA.
The cash payout is payable from CUA which is invested in Takafulink Dana Simpanan and we reserve the right
at any time to change the underlying investment of Takafulink Dana Simpanan.
Exclusions
4 The chosen funds for CashBuilder are fixed and cannot be changed. However, fund switching is allowed for IUA
of Takafulink Dana Ekuiti.
5 The cash payout is non-guaranteed and may be subjected to be pro-rated upon any non-payment of contribution.
6 The SSP Draw is subject to the availability as offered by Bank Simpanan Nasional.
7 The investment profit is only declared at the end of every 12 months for each contribution paid to CUA,
provided that each contribution paid has not been withdrawn by you or made as cash payout by us.
8 The investment returns from your PUA, IUA and profit rate from CUA will be based on the actual performance
of the fund and it is not guaranteed.
9 The investment risk of your fund is borne solely by you and the benefits may be less than your total contributions
paid.
10 If you cease paying contribution, your coverage might terminate prematurely.
11 The contribution and Tabarru’ rates are not guaranteed. PruBSN reserves the right to revise the contribution
rates and/or Tabarru’ by giving 90 days written notice. For medical benefits (if attachable), 30 days written
notice will be provided.
12 For PruBSN UmmahLink, you are entitled to tax relief in respect of your contribution up to RM6,000. Any tax
relief is subject to terms and conditions of Inland Revenue Board (IRB).
13 PruBSN UmmahLink does not provide any benefit amount from the Tabarru’ Fund on termination, expiry or
maturity of certificate.
14 PruBSN UmmahLink is based on Wakalah Bil Ajr model which is an arrangement for PruBSN to manage
your takaful plan. Your contribution will be placed in PUA, IUA and CUA after deducting a wakalah charge
which constitutes
the fee for the overall management services provided. The takaful protection comes from
Important
Notes
the Tabarru’ Fund.
15 You are entitled to receive any distributable surplus inclusive of investment profit (if any) arising from Tabarru’
at the end of each financial year. Together with other participants, you are entitled to at least 50% of the
surplus and PruBSN will receive the balance of up to 50% as incentive for managing the Tabarru’ Fund. Your
portion of the distributable surplus will be placed back into your PUA. The exact amount of distributable
surplus will be determined annually and is subject to approval by both the Shariah Committee and the Board
of Directors of PruBSN.
1
Exclusions
PruBSN UmmahLink does not cover any of the following situations:
1 Death is caused by suicide within one year from the date of certificate.
2 TPD is directly or indirectly caused by attempting suicide or self-inflicted bodily injuries while sane or
insane.
3 TPD is directly or indirectly caused by engaging in aerial flights (including parachuting and skydiving)
other than as a crew member of or as a fare-paying passenger on a licensed passenger-carrying
commercial aircraft operating on a regular scheduled route.
The exclusion and limitations above are not exhaustive and you should refer to the certificate document for
further information.
PruBSN UmmahLink is a Shariah-compliant product.
Prudential BSN Takaful Berhad is a registered Takaful Operator under
the Islamic Financial Services Act 2013 and is regulated by Bank Negara Malaysia.
For more information/enquiries, please contact:
PRUDENTIAL BSN TAKAFUL BERHAD (740651-H)
Level 8A, Menara Prudential, No. 10, Jalan Sultan Ismail, 50250 Kuala Lumpur.
Tel: 03 2053 7188 Fax: 03 2072 6188
E-mail: [email protected] SMS PruBSN and send to 33080
www.prubsn.com.my
Important: You must ensure that you are satisfied that this product will best serve your needs and that
the contribution payable under the certificate is an amount that you can afford.
All information is correct at the time of print.
Printed 25 April 2016