Prudential Assurance Malaysia Bhd (PAMB) and UOB Malaysia have introduced PRUSupreme Legacy, an insurance plan tailored for flexible financial planning for families with global ties.
The plan enables customers to build a legacy starting from MYR1 million, with the option to reference selected foreign currencies alongside the Malaysian Ringgit, including the Singapore Dollar, US Dollar and Australian Dollar.
It also features Foreign Exchange Assured Value, a first-in-market benefit that locks in the highest reference of selected foreign currency exchange rate since the policy’s inception. This ensures the legacy’s value is preserved and protection is enhanced over time regardless of currency fluctuations.
Ms Elaine Fan, Country Head of Personal Financial Services from UOB Malaysia, said “PruSupreme Legacy offers a comprehensive approach to legacy planning, safeguarding wealth against currency fluctuations while adapting to evolving priorities. UOB Malaysia’s collaboration with Prudential underscores our commitment to protecting our customers’ financial wellbeing and empowering their aspirations across generations.”
Mr Eric Wong, Chief Marketing and Partnerships Distribution Officer, PAMB said, “As families become more globally connected, legacy planning must adapt to new realities, including having loved ones live abroad and managing wealth across borders. This plan is positioned to address these complexities and help customers preserve and grow their legacy with confidence.”
PRUSupreme Legacy offers a suite of features designed to reward long-term commitment while providing flexible, high-value protection. The plan includes a 6% Loyalty Bonus on the Basic Sum Assured (BSA), with payouts starting as early as age 60, depending on the entry age.
Upon reaching age 80 or after completing 20 policy years (whichever is later), the plan boosts the payout to 110% of the BSA, offering customers added peace of mind knowing they have strengthened the financial legacy they leave behind for their loved ones.
Customers can choose from 5-, 8-, or 10-year premium payment options, with coverage up to age 100, offering long-term financial protection tailored to individual needs.
These benefits complement the plan’s ability to reference global currencies and its Foreign Exchange Assured Value, making PRUSupreme Legacy a comprehensive solution for customers seeking to protect and grow their wealth across generations and borders.