What is PRUguard my family?

pruguard my family malaysia (1)

From the name, is it health and medical plan package for a family?

The answer is NO.

PRUguard my family is an Employee Benefits Solution which offer to company or registered organization.

Intro

Every company gives employee benefits like dental, clinical and insurance. Most of the company subscribe for General Insurance for protection and coverage for their staff. But General Insurance have their disadvantages.


Disadvantages of General Insurance

1. Non guaranteed renewal – Every year need to re-apply

2. Premiums increase  every year

3. Insurance company have right not to cover you the next year if the claim made is more than insurance company expected.

4. Protection limit within the company, if the staff quit or retired, then protection stop.

Company gives benefits of insurance but staff still purchasing Life Insurance as a backup.

Protection will stop if staffs been fired, quit or retired. Thus, staff purchase their own insurance with their own salary per month.

Life Insurance is expensive, specially for family

Life insurance with medical card is around RM150 monthly per person. If the family consist of 5 members, the father paying RM750 per month for insurance.


Employer  aware their staff purchasing another insurance for themselves and family? If you are good employer, would you help them to reduce the monthly insurance payment without paying a cent?

pruguard my family malaysia

PRUguard my family is a product like normal life insurance in the market , eg PruHealth.  But PRUguard my family only available via company partnership with Prudential. The company do strategic alliance with Prudential and Prudential will open this product to their staff.

PRUguard my family is 30%-50% cheaper . If the father paying RM750 per months, with PRUGuard my family, the price is around RM370 and coverage is still the same.

Advantages of PRUguard my family.

1. 30% – 50% cheaper

2.Guaranteed-renewal

3.Protection still continue after retirement or when you are leaving the company.

4.Premiums not increasing yearly.

5. Spouse, parents and kids can participate in this program

Now the employer realize that this plan is better than current the General Insurance in the company. May the employer paying for the PRUguard my family?

Yes. Plus, employer will receive 10 years service fees discount if their are paying for more than 50 policies.

What include in PRUguard my family plan?

1. Death Benefits

2.36 Critical Illness cover

3.Accidental Death and Disablement

4.Medical card up to RM1,500,000 per life time

5. Optional PRUgard my lady for lady. Coverage for women related cancer and illness.

8 responses to “What is PRUguard my family?

  1. I would like to know more about insurance, what is best for me and my kids

  2. Please send me some quoate

    myself and kids

    Thanks

    • firdausprudential

      Hi,

      I need details of you

      1. Full Name

      2. Date of Birth

      3. Smoking or not

      4. Annual Income

      5. Contact Number

      6. Location

      7. Married/Single

      8. No of kids

      9. Occupation

      10. Travel a lot?

      and the kids name , date of birth.

  3. So PruGuard My Family is not a family pakage? It is for company? is there any plan from prudential to cover family with lower price? as ur example.. famly consist 5 member.. 750 is too expensive.

  4. saya berminat nak amik pru guard my family ni adakah boleh sy beli plan ni …….adakah produk ini hanya utk company employerr sahaja

    • firdausprudential

      Hanya tertakluk kepada employee company.

      1. Company tandatangan agreement bersama Prudential.
      2. Staff and ahli keluarga boleh membeli PRUguard my family. Medical card plan dengan 30% cheaper dari market price.
      3. Minimum participant adalah 20 orang.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s