U Mobile Postpaid And Prepaid Customers To Enjoy Complimentary 2-Month Subscription Of Country’s First Telco-assurance
Kuala Lumpur, 26th February 2018 – To mark the launch of the country’s first telco assurance, U Mobile will providing their prepaid and postpaid customers with 2 months complimentary subscription of GOLIFE 5, one of the two life mobile microinsurance products available from U Mobile today.
The complimentary subscription of GOLIFE 5, which is valued at RM5 per month, provides customers with:
- Insurance coverage of up to RM18,000 for death or total permanent disability (TPD)
- Insurance coverage of up to RM 36,000 for death or TPD if it is due to specific infectious disease such as dengue fever, chikungunya fever, malaria, Japanese Encephalitis, Avian influenza or Zika virus
About GOLIFE
GOLIFE is U Mobile’s first telco assurance product and their customers may apply, subscribe and manage their life insurance coverage entirely via their mobile phone.
Other than GOLIFE 5, subscribers can opt for GOLIFE 10 which offers coverage of up to RM76,000 at a premium of RM10 monthly.
Key features of GOLIFE are:
- Simple online registration – Click & be protected immediately (just ONE health declaration)
- Highly affordable – From as low as RM5 per month
- Pay-as-you-go insurance ie no fixed commitment (subscribe & unsubscribe anytime)
- 60-Day satisfaction guarantee – Unsubscribe within first 60 days and get full refund
The minimum application age for the GOLIFE plans is 18 years and the maximum application age is 45 years.
The GOLIFE 5 and GOLIFE10 plans are available to all eligible U Mobile subscribers from today. To find out more about the plans, visit www.u.com.my or the MyUMobile app.
If a customer is selected to receive the 2 month complimentary subscription of GOLIFE 5, they will receive a notification via their MyUMobileApp.
GOLIFE INSURANCE PLANS
| Product | GOLIFE 5 | GOLIFE 10 |
|---|---|---|
| Premium | RM 5 per month | RM 10 per month |
| Coverage | RM 18000 | RM 38000 |
| Death/TPD due to natural causes | RM 18000 | RM 38000 |
Death/TPD due to "specific infectious disease" *Dengue Fever, Chikungunya Fever, Malaria, Japanese Encephalitis, Avian Influenza, Zika Virus |
2x of Coverage = RM 36000 | 2x of Coverage = RM 76000 |
| Enter Age Limit | 18-45 years old | |
| Satisfactory Guaranteed Period | 60 days | |
| Refund for Cancellation (Applicable to Satisfactory Guaranteed Period only) | Refund to customer’s original payment mode – either postpaid account or prepaid main wallet | |
| Customer criteria | 1. Must be U Mobile customer. 2. Only Malaysians or Permanent Residents (PR) with valid NRIC. |
|
| Coverage Term | Coverage renewal on monthly basis, up to expiry of 50 years old | |
| Payment Type | Charged to prepaid balance and postpaid account, monthly auto-renewal | |
| Mode of Premium | Monthly | |
| Subscription Method | U Mobile Self Care portal & MyUMobile app | |
| Cancellation Method | U Mobile Contact Centre, U Mobile Self Care portal, & MyUMobile app | |
| Certificate Delivery Method | E-certificate will be delivered by SLM via SMS & E-mail | |