Prudential Malaysia’s newest Special Covid-19 Coverage provides benefits to both policyholders and non-policyholders alike. Under the enhanced special coverage, Prudential offers a Covid-19 death benefit as well as cash relief upon diagnosis and hospitalisation for Covid-19 patients.
Prudential policyholders are automatically entitled to a RM1,000 cash relief upon diagnosis and hospitalisation, as well as a RM10,000 death benefit due to Covid-19. However, these amounts are doubled if you register for the special coverage via Prudential’s mobile app, Pulse.
In other words, you will get RM2,000 cash relief and RM20,000 death benefit if you take the extra step of registering on the Pulse app. The special coverage is provided in addition to existing benefits offered by the medical insurance policies or certificates.
In an interesting move by the insurance company, Prudential is also offering a RM1,000 cash relief upon Covid-19 diagnosis and hospitalisation to non-Prudential customers who register on the Pulse app. The insurance provider has set aside RM300,000 for this purpose and the offer will continue until the total fund limit is reached.
“In Malaysia, the severity level of Covid-19 has evolved with the emergence of death cases since mid-March. In response to the continuously evolving situation, we have enhanced this coverage so that we can provide the right level of benefits over a broader population and over a longer period of time to provide peace of mind,” said the chief executive officer of Prudential Assurance Malaysia Berhad, Gan Leong Hin.
Chief executive officer of Prudential BSN Takaful Berhad, Wan Saifulrizal Wan Ismail, shared a similar opinion. “Through our app Pulse, even non-Prudential customers can enjoy protection with our Special Covid-19 Coverage for free, as it is our goal to make healthcare affordable and accessible to everyone,” he added.
Prior to this, Prudential offered a lump-sum payout of RM5,000 to its policyholders who have been diagnosed with Covid-19 until 30 April 2020. Taking its place, the ongoing Special Covid-19 Coverage began on 1 May and ends on 31 December 2020, but you must register on Pulse by 30 June 2020 in order to be eligible for the additional coverage provided via the app.