UOB Reward Link

Important Notes

• The life assured is responsible for paying premium. An insurance agent or broker that accepts a premium payment by the life assured is solely for the purpose of providing service to the life assured.
• The applicant can cancel the policy within 15 days from the date of receipt of the policy document. If the life assured cancels the policy after the free-look period, the applicant is entitled to exercise the right to surrender the policy and will receive a surrender value as specified in the policy

• The company will not cover:
• In the event of non-disclosure or misrepresentation, the company will terminate the contract within 2 years from the policy effective date or renewal or reinstatement of the insurance policy or the approval date to increase the sum assured (only for the increased part).
• In the event of suicide within one year from the policy effective date or renewal or reinstatement or the approval date to increase the sum assured (only for the increased part), or the life assured is murdered by the beneficiary.

• The following are some exclusions for accidental death benefits***
• The action of the life assured when under the influence of alcohol or addictive substance or drugs to the extent that the life assured is unable to maintain their consciousness

“Under the influence of alcohol” is defined as blood alcohol level of 150 milligrams percent or higher if a blood test is conducted

• While the life assured is riding a motorcycle whether as the rider or the passenger
• While the life assured is ascending or descending or in an aircraft which is not registered for passenger transportation and not operated by a commercial airline
• While the life assured is involved in a brawl or has a role in provoking a brawl
• While the life assured is serving active duty as a soldier, a policeman or a volunteer or deployed in a war or a suppression.

***For complete exclusions, please refer to the policy.

• The applicant should read and understand sales illustration document before buying a life insurance policy. After receiving the policy, please carefully review the coverage details, requirements and policy conditions.

• Unit linked insurance plan is not a bank deposit. It involves risk and investment components within this policy are not guaranteed. The applicant should study and understand the product characteristics, conditions, returns and risks. The applicant should also review the information provided in the fund prospectus before signing insurance contract and making investment decisions. Fund performance may affect the policy coverage period.
• Life insurance premiums (excluding Additional Benefit in case of Accidental Death and an investment component) are entitled to income tax deduction up to THB 100,000 per year, according to conditions prescribed by the Revenue Department. 
• “UOB Reward Link” unit-linked insurance plan is the marketing name of “PRUUnit Linked 13”.

United Overseas Bank (Thai) PCL, as an insurance broker with license No. ช00026/2545, facilitates the arrangement of life insurance contracts and the payment of premiums only.

Prudential Life Assurance (Thailand) Public Company Limited will be responsible for all protection and benefits under terms and conditions as specified in the insurance policy.