PRUlink premier saver account

We understand your dreams and they're closer than you think.

An overseas education for the kids. Your dream retirement lifestyle. We're helping you realise your dreams even sooner with the new PRUlink premier saver account. Designed to steer you towards achieving your financial goals quickly, this innovative plan is ideal if you're looking to save for 12 - 15 years and then reap potentially higher returns plus a steady income stream.

Benefits^

  • Start with a minimum premium of $250 per month and simply pay 15 annualised premiums for 15 years
  • Enjoy 5% bonus units starting from the 5th year of your annualised premiums
  • Enjoy a monthly or yearly income stream (through withdrawal of your policy account) after Year 15 of your policy with the Direct Income Option
  • Flexible options to increase or decrease your premiums, top-ups or withdrawals
  • Add on Crisis Waiver III or Payer Security III for increased coverage.
  • Additional accidental death benefit of $3,000 and 105% of total premiums paid.

 

^ Terms and conditions apply

How it works

LIVING YOUR RETIREMENT DREAMS:
An example of how PPSA can help you achieve them

The dream

  • Mr.Lim, a non-smoker aged 40 on his next birthday, purchases a PPSA policy to prepare for a comfortable retirement.

The goal

  • After he turn 60, to receive yearly income of $24,000 for his retirement needs.

The investment

  • Premiums of $800 per month or $9,600 per year for 15 years.
  • At age 55, he would have paid a total premium of $144,000.
  • Assuming the fund he invested in grew at 5% p.a., his investment would total $186,9001 at aged 55.

The returns

  • With the DIO, he enjoys a yearly income of $24,0001* from aged 60.
  • After withdrawing $240,0001* over 10 years, he will still have $25,0001* remaining in his policy; he can choose to withdraw this and surrender his policy.

 

FUNDING YOUR CHILD'S EDUCATION:
An example of how PPSA can help you realize your dream

The dream

  • Mrs.Wong decides to buy a PPSA policy for her son who turns 3 on his next birthday.

The goal

  • An income stream of $36,000 per year for three years to cover her son's tertiary education, when he turns 18.

The investment

  • $500 per month; at the end of 15 years, she would have paid a total of $90,000 in premiums.
  • Assuming the fund she invested grew at 5% p.a., the investment would total $116,8001 at age 18.

The returns

  • After withdrawing $108,0001* for her son's education over 3 years, she still has a balance of $18,0001* remaining in the policy.
  • Since PPSA is a whole of life plan, even after the income stream is stopped, she can keep the remaining cash value invested and reap potentially higher yields.

 

* Assumes that the funds invested continue to grow at 5% p.a. even after DIO starts.
1 The length of the DIO payment period and actual returns are not guaranteed and may vary according to the underlying PRUlink fund/s performances.

Who can apply

  • For those between 1 and 65 years of age seeking to save for 12-15 years, reap potentially higher returns and enjoy a steady stream of income.
  • An Investment Linked product available for Cash funds with Regular Premium payment

Download Brochure

Investments are subjected to investment risks including the possible loss of the principal 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 cost and the surrender value payable may be less than the total premiums paid.

This is not a contract of insurance and reference should be made to the respective policies for the exact terms and conditions applicable to the insurance policy.

Please refer to the exact terms and conditions, exclusions and specific details applicable to this insurance in the product summary and 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 30 March 2011.