Zurich ValueLife Junior
Big Protection for Your Little One
Zurich ValueLife Junior is an investment-linked plan that provides a solution to protect your baby even before birth right up to 100 years old. It is designed for parents, like you, who want the assurance of giving their child the best possible start in life, with a protection and investment plan that caters for every stage of life.
Note: This is an insurance product that is tied to the performance of its underlying assets and is NOT a pure investment product like unit trusts.
High protection of up to 300% of Basic Sum Assured (BSA)
Provides comprehensive protection for your child against unfortunate events.
| 100% of BSA + IAV4 | Death or Total and Permanent Disability (TPD)1 |
| 200% of BSA + IAV4 | Public Conveyance Accidental Death2 |
| 300% of BSA + IAV4 | Overseas Accidental Death3 |
1 The TPD coverage is only applicable up to age 70 of the Life Assured. In the event that the Life Assured dies before birth / dies or suffer TPD within 14 days from the birth date, the following sum amount, less any indebtedness, will be payable. If there is any rider with coverage effective from inception, only item (b) will be payable.
a) Any unallocated premiums; and
b) Investment Account Value (if any) calculated according to the unit price on the next Valuation Date immediately following the date of death; and
c) Any Insurance Charge and Policy Fee that have been deducted.
2 In the event of death of the Life Assured within 365 days from the date of accident from commuting in Public Conveyance.
3 In the event of death of the Life Assured within 365 days from the date of accident while travelling overseas for not more than 90 consecutive days per trip.
4 The Policy Owner will also receive the amount in the Investment Account Value (IAV), if any.
Note: Only the highest payout as listed in the table above will be paid out. Please refer to Product Disclosure Sheet and policy document for full details.
Boost the protection for you and your child with optional riders
Attach any of the following riders for a comprehensive protection.
| Optional Rider | |
| Flex Maternity Care | Provides 2-year coverage due to pregnancy or childbirth complications, childcare benefits and newborn allowance. |
| Flex Junior Critical illness | Provides coverage for 20 types of Juvenile Critical Illnesses up to age 25 or maturity of basic plan, whichever earlier, with option to convert to Adult Critical Illness. |
| Zurich ValueCare | Provides coverage on hospitalisation and surgical expenses due to accidental injuries or illnesses covered with Deductible amount. |
| PA Protector | Provides coverage for death or permanent disability/disablement due to accident. |
| PA Medicare | Provides reimbursement on medical expenses, ambulance fee and physician benefits for treatments on injuries due to accident. Only available if PA Protector is attached to the basic policy. |
| Payor Benefit Rider | Provides future premium waiver in the event that the Mother passes away, suffers Total and Permanent Disability (TPD) or is diagnosed with any of the selected Critical Illnesses. |
For full details of the optional riders, please refer to their Product Disclosure Sheet and policy document.
No-Lapse Benefit for the first 5 policy years
This valuable feature ensures continuity of coverage for your child even if the Investment Account Value (IAV) is zero or in the negative due to market fluctuations.
The premiums (including revision of premium payment as requested) must be paid consistently before the due date or within the Premium Grace Period and no withdrawal is made within the first 5 policy years.
Note: Any variation on premium and benefits are subject to the conditions determined by Zurich in order to enjoy this No-Lapse Benefit. Terms and conditions apply.
Flexibility to adjust protection, coverage and investment levels
You can choose your preferred coverage term from 20 years or up to age 70, 80 or 100. Auto-extension of the policy is available to provide coverage up to age 100 upon expiry of the initial coverage term (20 years or up to age 70 or 80) without the need to go through underwriting.
Furthermore, extra funds can be channeled via top-ups, building education savings for your child. In the event of an emergency, you may withdraw the money to fund your child’s needs.
Note: You may be required to pay an additional premium. We will notify you of the auto-extension and any additional premium required by giving you at least 90 days' notice prior to auto-extension.
Spouse Care Privilege
This benefit provides continuous protection to the spouse of Life Assured where the spouse may sign up for a new life policy up to 50% of BSA without medical underwriting when the Life Assured passes on.
Maturity benefit
Upon maturity, receive a lump sum guaranteed maturity benefit as stated below, depending on the coverage term:
| Coverage Term | Maturity Benefit |
| 20 years, up to age 70 or 80 | Investment Account Value (IAV) |
| Up to age 100 | 100% Basic Sum Assured (BSA) + IAV |
Note: You may need to top-up your premium along the way for continuous coverage.
Zurich ValueLife Junior is open to unborn babies aged between 13 weeks of gestation to before birth. However, the policy owner must be at least 16 years old. Mothers carrying more than 2 foetuses, such as triplets or quadruplets will not be eligible for this plan.
The benefits payable are protected by PIDM up to limits and the protection on benefits from the unit portion is subject to limitations. Please refer to PIDM TIPS brochure or contact Zurich Life Insurance Malaysia Berhad or PIDM.
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