PRUlink heritage account  

We understand you want to build wealth for your loved ones.

PRUlink heritage account is a regular premium whole of life investment linked plan that aims to create wealth for your loved ones with peace of mind.

Benefits^

  • Enjoy whole-life protection1 as well as coverage for Terminal Illness and Total and Permanent Disability Benefit up to age 65
  • Level monthly assurance charges that stop after 25 years2
  • Enjoy unit allocation as high as 107% in the 10th year of your policy3
  • Build your wealth even faster by adding a Top-Up Premium (Lump Sum)4 for potentially high returns
  • Add on Crisis Waiver III5 or Payer Security III5 for increased coverage against critical illness.
  • Option to increase/ reduce premiums and make partial withdrawals
  • Unlimited free fund switching6 to match your changing investment objectives and risk profile
  • Choice of PRUlink funds to customize a well diversified portfolio that is professionally managed by Eastspring Investments (Singapore) Limited (formerly known as Prudential Asset Management (Singapore) Limited)

 

^ Terms and condition apply
1 If there are no or insufficient units in your policy, your policy will terminate except during the No Lapse Period. Please refer to the Product Summary for more details.
2 If you increase your regular premiums, it will result in an increase in your sum assured. The monthly assurance charges for the increased portion of the sum assured will be charged for up to 25 years from the date your increase in premium become effective. These charges will be based on the age when you make an increase in premium. This will form a separate stream of monthly assurance charges of up to 25 years from your existing stream of monthly assurance charges.

We reserve the right to vary the assurance charges for the basic benefits of Death, Total and Permanent Disability and Terminal Illness.

We currently charge a monthly administration charge of $10. We reserve the right to increase the administrative charge up to a maximum of $20 per month and extend the administration charge beyond 25 years.
3 We reserve the right to change the premium allocation rates for policy year 10 and onwards.
4 For Top-Up Premium (Lump Sum), there is a net sales charge and a non-guaranteed top-up administration fee. The non-guaranteed top-up administration fee is currently zero.
5 You may add Crisis Waiver III and Payer Security III to your main policy at any time if:
- it is available ; and
- you are in good health, as may be determined by us; and
- you and the life assured (where applicable) are within the age limits; and
- you pay the additional premium.
6 We reserve the right to levy a switching fee.

How it works

If you save and invest $5,000 per year, at the end of Guaranteed Death Benefit Total Death Benefit
(including non-guaranteed cash values)
5% 9%
25 years $200,000 $352,100 $463,500
30 years $200,000 $413,100 $617,500
35 years $200,000 $487,200 $842,800
40 years $200,000 $577,000 $1,172,300


The benefit illustration is based on projected investment returns of 5% and 9% for a male non-smoker aged 35 assuming Crisis Waiver III is added and invested in 55% PRUlink global bond fund, 35% in PRUlink global managed fund, 5% in PRUlink singapore growth fund and 5% in PRUlink emerging markets fund.

Please note that administration charges are not guaranteed and may be adjusted in the future at the Company's discretion. We will give investors 30 days' notice before the new rates are charged. The two rates of return are used purely for illustrative purposes - the actual rate may be higher or lower. The actual benefits payable will depend on the actual performance of the underlying assets of the PRUlink funds. The performance of the PRUlink funds is not guaranteed and the cash value may be less than the capital invested.

Who can apply

  • For those between 1 and 55 years of age seeking to save and invest without the worry of having a lifetime of charges to ensure a potentially sum of money for the next generation
  • An Investment Linked/ Whole Life product available with regular premium cash payment

Download Brochure

Investments are subject to investment risks including the possible loss of the principle amount invested. The value of the units may fall as well as rise.

Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value payable may be less than the total premiums paid.

Buying health insurance that is not suitable for you may impact your ability to finance your future healthcare needs.

You are recommended to seek advice from a qualified Prudential Financial Consultant or Representative for a financial analysis before purchasing a policy suitable to meet your needs.

This website is for reference only and not a contract of insurance. Please refer to the exact terms and conditions, specific details and exclusions applicable to this insurance in the policy documents that can be obtained from a Prudential Financial Consultant.

The information contained in this website is not required to be reviewed or endorsed by the Monetary Authority of Singapore.

Information correct as at 14 February 2012.