PB Living Income

Protect yourself and your family from the unexpected.
Let ING assist you with monthly income when you need it most.

What is PB Living Income?
PB Living Income is a yearly renewable plan that pays you monthly income for 24 months. This plan provides financial support to you or your family should Death or Permanent Total Disability occur or should you be diagnosed with Critical Illness. The monthly income benefit is paid for 24 months to ease your monthly expenses.

In the event of Permanent Total Disability or Critical Illness the 24 monthly income payout will be doubled.

“How You and Your Family Can Benefit”

1. Monthly income payout for 24 months in the event of Death, Permanent Total Disability (PTD) or Critical Illness (CI).
2. Doubled monthly income payout in the event of Permanent Total Disability (PTD) or Critical Illness (CI).
3. Easy and simple enrolment process with no medical examination required subject to you being in good health.
4. Convenient Premium Payment via autodebit from your Public Bank debit/credit card
5. Affordable Premium for as little as RM0.60 per day depending on the plan chosen.

* the premium figures here are not exhaustive, please refer to the product Certificate of Insurance for a complete list.

Note:
Premium rates are not guaranteed and increase with attained age

The first (1^st) monthly income payment shall be made within one (1) month from the date of approval of the claim and subsequent monthly income payments shall be made monthly thereafter.

What doesn’t PB Living Income cover?
Examples of the events not covered by the PB Living Income include:

1. For Death: suicide within six (6) months from effective date or date of reinstatement.
2. For PTD: pre-existing conditions, suicide, engaged in hunting, mountaineering, aviation, naval, military or aeronautical service, or racing of any kind, , radiation, or war/warlike activities
3. For CI: Cancer, Heart Attack, Other Serious Coronary Artery Disease and/or Coronary Artery By-Pass Surgery diagnosed within sixty (60) days from effective date or date of reinstatement; or any other Critical Illness diagnosed within thirty (30) days from effective date or date of reinstatement.
4. Other standard exclusions.

The description, benefits, exclusions, terms and conditions described above have been summarized and are not exhaustive. Details of more complete terms, conditions and exclusions are available in the Certificate of Insurance.

Facilities of paying Premium
Autodebit through Public Bank's savings accounts or credit card.

For premium payment via autodebit, there will not be any prior notice to be sent to the insured accountholders. No official receipt will be issued for payment via autodebit payment. The validated deposit slip or premium deduction shown in either your bank statement/ savings passbook is considered as proof of payment.

What if I change my mind about this coverage?
You can call ING Insurance Berhad at 1-800-181-464 to cancel your policy over the phone before certificate of insurance is issued. Alternatively, you may cancel your coverage at any time by written notice to ING Insurance Berhad.

** This product is specially brought to Public Bank’s customers via its insurance program with ING and is sold through Telemarketing only.

Sign up today and get protected. To find out more, please contact Public Bank's toll free line at 1800-22- 9999.

Product Disclosure Sheet:
- English version, please click here
- Bahasa Malaysia version, please click here