UOB Malaysia, Prudential Launch PRUSupreme Legacy For Cross-border Wealth Planning
KUALA LUMPUR, Oct 30 (Bernama)-- UOB Malaysia and Prudential Assurance Malaysia Bhd (PAMB) have introduced PRUSupreme Legacy, an insurance plan that supports families with cross-border legacy planning and maximises the value of their inheritance.
In a joint statement today, UOB Malaysia and PAMB said the plan enables customers to build a legacy starting from RM1 million, with the option to reference selected foreign currencies alongside the 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, ensuring the legacy’s value is preserved and protection is enhanced over time regardless of currency fluctuations.
UOB Malaysia country head of personal financial services, Elaine Fan said that as their customers’ financial ambitions grow more sophisticated, the banking group recognises the need for flexible solutions.
“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 well-being and empowering their aspirations across generations,” she said.
PAMB chief marketing and partnerships distribution officer, Eric Wong said the company is proud to partner with UOB Malaysia to bring PRUSupreme Legacy to the market.
“As families become more globally connected, legacy planning must adapt to new realities, including having loved ones living abroad and managing wealth across borders.
“This plan is positioned to address these complexities and help customers preserve and grow their legacy with confidence,” he said.
PRUSupreme Legacy offers a suite of features designed to reward long-term commitment while providing flexible, high-value protection.
The plan includes a six per cent 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 per cent 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 five, eight, or 10-year premium payment options, with coverage up to age 100, offering long-term financial protection tailored to individual needs.
Those who wish for more details on PRUSupreme Legacy may visit https://www.uob.com.my/personal/insure/life-insurance/prusupreme-legacy.page.
--BERNAMA