Saturday, July 17, 2010

The Competitor - Indirect Competitor.

Indirect Competitor


PRUlink Education Plan











The PRUlink education plan is an investment-linked plan that matures when their child reaches 25 years of age. It offers a unique combination of features that not only secures a good education, but also provides protection for their child. It is also flexible enough to adapt to their child's changing needs, as well as their parents.
The PRUlink education plan is an investment-linked plan that gives parents and their child :
• Protection: The basic plan covers their child for Death and Total and Permanent Disability, and comes with a host of optional add-ons that can be custom-built onto the plan.
• Savings: A portion of the premiums will be invested into their choice of PRUlink equity, bond or managed funds – all tailored to ensure best possible returns on their savings, and growing their child's education fund. They choose the fund that best suits their risk appetite.


• Flexibility & control: Vary the amount of insurance protection for death and disability for their child without affecting their parent’s premium. Switch the investment between PRUlink funds at any time, for a small fee. For the first switch a year is FREE. Top up investment with lump sum payments at any time. Or, make withdrawals or cash out policy to pay for child's education at any time.
• Additional investment opportunities: They can also add on an optional PRUsaver rider, which invest more of their money into any of the six PRUlink funds so that they can have more flexibility to increase their child's education fund.
• Convenience: Their child can choose to take up a new PRUlink policy for the same amount of benefits without evidence of insurability, when they reach 25 years of age and the maturity value is paid.







YIPPIE Care 2 INSURANCE












Yippie Care 2 is a life insurance for your child offering a maturity value that's twice the sum insured, guaranteed, making it easier to plan for child's education.
About the product :
- Death and Total and Permanent Disability (TPD) benefits for your child.
- Option to add additional riders for a more comprehensive plan.
- Free and convenient auto-debit of contributions from your Maybank Current/Savings account or credit card.
- Option of paying annually, bi-annually, quarterly or monthly.
- Discounted premium rate if sum assured is RM50,000 and above.