This is an innovative investment plus protection plan designed specially for women. Venture Woman opens up the opportunity for you to get the funds you want, as and when you need it with the assurance of financial protection for your health
Invest in our Funds
The investment feature of your Venture Woman account works by giving you access to any of our funds operated by professional fund managers. It’s entirely up to you to switch from 1 fund to another as and when you see fit. It’s entirely up to you to switch from 1 fund to another as and when you see fit. However, the returns on funds are not guaranteed and the value of your policy’s benefits (Death, Total and Permanent Disability, and Old Age Disablement) may fall or rise depending on the performance of the underlying assets of the funds. There are potential risks in investing in the funds which will be borne solely by you.
Almost anyone can qualify
Almost anyone in good health from age 15 to 65 years can start a Venture Woman plan account with as little as RM125 a month. The maximum entry age for Venture Woman Premier is 40 years. You may enjoy the flexibility of paying as little or as much as you can afford, as long as your payment covers the required yearly sum. Furthermore, as long as it is higher than the minimum, this yearly sum is also yours to determine and change as you please. If you wish, you may even decide to stop paying premiums (“premium holiday”). The benefits are yours to enjoy as long as there are sufficient units in your account to pay for your insurance and service charges.
Affordable Charges
The service and insurance charges you pay depends on the benefits you choose to enjoy. The insurance charges will vary with your attained age and may be affected by the performance of the underlying assets of the funds (Please refer to our sales illustration to fully understand how the funds performance will affect the insurance charges.) The monthly service is set at RM5 per month.
Easy and flexible
With Venture Woman, you can increase your savings by topping up your account or make withdrawals whenever the need arises, as often as you like so long as each withdrawal is of a minimum of RM500 and the minimum account balance after withdrawal is RM3, 000.
As and when your investment and protection needs change, you may wish to adjust your allocations for your protection and investment plans. Moreover, you are allowed 2 free switched (subject to a maximum of RM50). These fees and charges may be adjusted from time to time.
Choose your Protection plan
You have 2 protection plans to choose from.
- Venture Woman Deluxe best suits you if you are not planning to have children or any more children.
- Venture Woman Premier best suits if you are planning to have children or more children as it incorporates maternity benefits and financial protection against a wide range of pregnancy complications.
Both plans provide financial protection against, Death, Total and Permanent Disability (prior to attaining age 65) or Old AGE Disablement (after attaining age 65), with coverage against cancers of the breast, cervix, uterus, fallopian tubes, vulva/vagina, and ovary, carcinoma-in-situ of breast and cervix uteri. You are also covered for any reconstructive surgery for the face neck in the event of an accident (please refer to the Benefit table below).
In addition under each of these plans, you can opt for either Level Cover (pay you the higher of Basic SUM Assured or Account Value) or Increasing Cover (pays you both the Basic Sum Assured and Account Value).
Minimum Basic Sum Assured Age | 16 – 35 | 36 – 45 | 46 – 55 | >55 |
| Minimum Multiples Of Annual Target Premium | 40x | 30x | 20x | 10x |
Allocation rates of Premiums
Policy Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 onwards |
| Premiums Paid | RM | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 |
| Premium | % | 40% | 40% | 75% | 75% | 85% | 85% | 100% |
Allocation | RM | 400 | 400 | 750 | 750 | 850 | 850 | 1,000 |
Allocation for Top-up Premium in excess of Annual Target Premium: 95%
Female Illness Benefits Table for Deluxe & Premier Plans
Female Illness | Amount Payable (% of Rider Sum Assured) | Limits/Exclusions |
Female Cancer : - Breast
- Cervix
- Uterus
- Fallopian Tubes
- Vulva/Vagina
- Ovary
| 100% | - A waiting period of 60 days applies
- A survival period of 7 days is required, from the date of the diagnosis of any of the Female Cancer
- 1 claim per life
- This benefit does not cover the diagnosis of Acquired Immune Deficiency Syndrome (AIDS) or AIDS Related Complex howsoever this condition or illness may have been acquired or named
|
| Carcinoma-in-situ of Breast & Cervix Uteri | 20% | - A Waiting period of 120 days applies
- 1 claim per life, max payable RM20K
- This benefit does not cover the diagnosis of Acquired Immune Deficiency Syndrome (AIDS) or AIDS Related Complex howsoever this condition or illness may have been acquired or named
|
| Facial Reconstructive Surgery fro face / neck disfigurement due to accident | 50% | - 1 claim per life on reimbursement basis, max payable RM25K, occurring after the policy issuance or reinstatement date, whichever is the later
|
Maternity Benefits Table for Premier Plan
Maternity Benefits* | Amount Payable (% of Rider Sum Assured) | Limits / Exclusions |
| Pregnancy Complication (Disseminated Intravascular Coagulation (DIC),Still Birth & Ectopic Pregnancy) and/or Congenital Anomalies (Down’s Syndrome, Spina Bifida & Tetralogy of Fallot) | 50% | - A waiting period of 1 year applies
- A survival period of 30 days is required, from the date of diagnosis of the pregnancy complication
- 1 claim per life for each benefit, max payable RM50K
- Pregnancy Complication benefit is not applicable if the Life Assued opts for elective termination other than as a result of [pregnancy complication
- Congenital Anomalies benefit is not applicable fro any diagnosis occurring after 2 years from the date of the delivery of the infant
- Congenital Anomalies benefit is not applicable if the death of the infant occurs within 28 days from the date of delivery
|
| Death Due to Child Birth | 100% | - A waiting period of 1 year applies
- Covers death of Life Assured from after 168 days of pregnancy to 30 days after delivery
- This benefit does not include death due to suicide or death not directly attributable to complications of childbirth
|
| Hospitalisation Benefit due to Child Birth | 1% per day of hospital confinement | - A waiting period of 1 year applies
- 3 deliveries per life, max payable 5 days per delivery
|
*The Maternity Benefits will cease after the Life Assured reaches age 45.
Venture Woman
