Pru – For a bright future

• Cash benefit:

  • Education benefit: 175% Sum Assured (SA) + Reversionary Bonuses and Terminal Bonus

  • Excellent Graduation Award: 25% SA if the nominated child graduates from University with Bachelor Degree as First Class or equivalents.

• Total and Permanent: 

  • 100% SA

  • Dismemberment (TPD) benefit: No additional premiums of the main product in the future, child’s education plan is still guaranteed with the opportunity to receive Excellent Graduation Award

• Death benefit: 

  • 100% SA

  • If Life Assured dies due to Accident, Prudential shall pay additionally:

    • 100% SA if Life Assured does not have any biological child;

    • 100% SA x numbers of biological children, up to 300% SA;

Note: In all cases, including the case of having more than 1 policy of this insurance product accepted to be paid out, the Accidental Death benefit is not exceeded 3 billion VND.
No additional premiums of the main product in the future, child’s education plan is still guaranteed with the opportunity to receive Excellent Graduation Award.

Other benefits:

• Child Level Term benefit
• Policy Insurance Option without underwriting

Terminal Illness (TI) benefit:
Late-stage Critical Illness: 100% SA 
No additional premiums of the main product in the future, child’s education plan is still guaranteed with the opportunity to receive Excellent Graduation Award.

Entry Age: 18 - 60 years old
Policy Term: 12 to 22 years
Premium term: Policy Term – 4 years
Serving needs: Set up an effective and safe education plan against risks

Note: All product features and insurance benefits listed in this document are only for summary purposes and are for reference only. All corresponding benefits and conditions will be implemented in accordance with the provisions of the Insurance Terms and Condition approved by Prudential.

1. Exclusion in case of Death:

• Suicide of self-inflicted injury whether sane or insane, within two (2) years after Policy Effective Date or the effective date of any reinstatement of Insurance Policy, whichever is later; or
• Due to an intentional act of Policyholder, Beneficiary against Life Assured; or 
• Any Human Immunodeficiency Virus (HIV) and/or any HIV-related illnesses including Acquired Immune Deficiency Syndrome (AIDS) and/or any mutations, derivation or variations thereof (except for case of Occupationally Acquired HIV defined in the Appendix of these Terms and Conditions) ; or
• Deaths due to the execution of the death sentence.

2. Exclusion in case of Accidental Death

• Belongs to one of cases stipulated in Death exclusion;
• Wars (declared or not), hostilities, rebellion, civil commotion or riot; or
• Under the impact of the use of narcotics, psychotropic drugs, alcohol, poisons, gas or similar substances, or drugs, unless the substance is used as a drug prescription issued by a Doctor and this influence is the cause of Accident; or
• Suicide or harming himself/herself by the Life Assured whether sane or insane; or
• Intentional acts committed by the Life Assured, the Policyholder, and/or the person who receives the insurance benefits, unless in attempt to save human lives; or
• Participating in dangerous activities by the Life Assured such as scuba diving; bungee jumping, mountain climbing, racing of any kind, hang gliding, ballooning, parachuting or sky diving; or
• Participating in professional sport activities; or
• Participating in flying aircrafts or any aviation activities except for as a fare-paying passenger of licensed and scheduled commercial aircrafts.

3. Exclusion on TPD claim
TPD of LA is the results of the following:

• Occurred prior to the Policy Effective Date or the latest Reinstatement date, whichever is later; or 
• Be the results of:

  • Attempting suicide or suicide of self-inflicted injury whether sane or insane; or

  • Intentional acts of Life Assured, Policyholder, and/or the person who receives the insurance benefits, or

  • Participate in flying aircrafts or any aviation activities except for as a fare-paying passenger of scheduled and licensed commercial aircrafts.

4. Exclusion on Terminal Illness claim
If the symptoms of the Terminal Illness:

• Be the results of:

  • Attempting suicide or self-inflicted injury of the Life Assured whether sane or insane; or

  • Misuse of drugs, addictive (except the use of drugs based on the prescription issued by a registered doctor).

• Happen on the patient of HIV, Acquired Immune Deficiency Syndrome (AIDS).

The terms & conditions herein are for reference only. Details of the terms of the Insurance Contract are specified in the Terms & Conditions of the product.

1. The Policyowner can request to increase the SA within 21 days of Grace Period, or reduce the SA at any time during the policy term.

• Minimum SA of each policy is 75 million VND
• Maximum SA of each Life Assured is 2 billion VND

Insurance premiums and other related conditions of the insurance contract will be adjusted accordingly to the new SA.
2. Interest rates when insurance benefits are paid later than commitment
Prudential is responsible to assess the Insurance Claim Form within the committed time (depending on the type of insurance benefits). Unless the force majeure, if the claim is approved but Prudential fails to make payment on time due to Prudential’s fault, Prudential shall then pay, in addition to the amount of the insurance benefits, an amount of interest. The interest rate applicable to overdue payment is interest rate of cash advance from Surrender Value of Policy. Details of the interest rate are announced from time to time by Prudential here.

This is an insurance product provided by Prudential Vietnam, not a product of MSB operating as insurance agency. Participating in the insurance product is not a mandatory condition for carrying out any other activities and services of MSB.

• Get 175% of sum assured in addition to interests