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POS Value Insurance Plan

POS Value Insurance Plan

Pos Value Insurance Plan (PVIP) is annual personal accident insurance plan that provides financial protection to the insured against unforeseeable losses incurred due to injuries, disablement or death caused by violent, accidental, external and/or visible means. It is offered exclusively for POS Customer.

Distribution Channel : Only applicable fo Banca-POS Channel

  • Anyone who resides in Malaysia
  • Any eligible individual without any pre-existing physical infirmity or illnesses prior to the purchase of the policy
  • Any eligible individual between the age of 18 to 60 years
  • Renewable up to the age of 70 years.
  • Occupation Class 1,2& 3

 

Sum Insured
Benefits and type of plan
Silver (RM)
Gold (RM)
Platinum (RM)
Benefit Illustration
Accidental Death/ Total Permanent Disablement
30,000
50,000
100,000
Payable due to Accidental Death or Permanent Disability only
Daily Hospital Income due to accident per day, up to 100 days (max)
30
50
100
Any number of claims per year per admission. Insured need to be admitted in a hospital for a minimum of 24 hours.
Funeral Expense
1000
2000
3000
Payable due to Accidental Death only
Dental or Corrective Cosmetic Surgery
2000
3000
5000
Payable due to Accident only

Classification of occupation as follows:

Class 1
Professions and occupations involving non-manual, administrative or clerical work solely in offices or similar non-hazardous places.
Class 2
Professions and occupations involving manual work only occasionally when supervising workmen
Class 3
Professions and occupations involving manual work

 

Annual Premium (RM)
Occupation
Silver Plan
Gold Plan
Platinum Plan
Class 1 & 2
RM26.50
RM42.40
RM53.00
Class 3
RM31.80
NA
NA

*Note : This Premium amount is inclusive of Service Tax (6%)

For further details, please click here :

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