PRUlink protection plus account
- Offers coverage against Death, Terminal Illness1, Total and Permanent Disability1 and Critical Illness2,3
- Flexible Coverage that you can adjust to changing needs
- Provides coverage of up to 150 times4 the annual premium and the choice to vary your sum assured5 at any point.
- Towards the retirement years of your life, redirect your premiums to investments by reducing your Death, Terminal Illness1 and Total and Permanent Disability1 coverage to zero6.
- Enhance your coverage with Early Crisis Cover Provider2,7,8 and Crisis Cover Provider III3 and get coverage against a comprehensive suite of early stage cancers and critical illnesses
- Maximise your units allocation for investments so you can potentially reach your financial goals sooner.
Have the flexibility of managing and switching your funds at no extra charge10 according to your changing investment needs
- By paying for your premiums annually
- Increasing your premium contribution
- Enjoy a full allocation of your premiums paid to purchase units from the 4th year of your policy
- Furthermore get up to 107% unit allocation from the 10th policy year9
- Add the optional Enhanced Accumulator Option (EAO)11,12,13 to channel 100% of your premiums to unit allocation
||Terms and conditions apply
||PRUlink protection plus account provides coverage against Terminal Illness and Total and Permanent Disability during the term of the policy, and before the anniversary of the policy on which the life assured will attain the age of 65. The life assured cannot claim for both Terminal Illness and Total Permanent Disability.
||The full list of benefits covered under Early Crisis Cover Provider and their definitions can be found in the product summary that can be obtained from your Prudential Financial Consultant. The maximum claimable benefit combined under the 50% Severity and 100% Severity cannot exceed 100% of the sum assured. For certain medical conditions, there is a waiting period of 90 days from the date of issue or reinstatement, whichever is later. The assurance charges for Early Crisis Cover Provider are not guaranteed.
||For Crisis Cover Provider III, the sum assured will only be paid in a lump sum to the life assured upon diagnosis of any of the 36 critical illnesses listed in the product summary. The full list of the 36 critical illnesses can be found in the product summary that can be obtained from your Prudential Financial Consultant. The assurance charges for Crisis Cover Provider III are not guaranteed.
||Applicable for age 30, male non-smoker and annual premium amount of $1,200.
||Subject to underwriting and the life assured must be under age 60. Subject to the minimum or maximum sum assured permitted at the time of change.
||To exercise the option to reduce your sum assured to zero, the life assured must have reached age 55 or 10 years from the Cover Start Date of the policy or 10 years from the last increase in regular premiums, whichever is later.
||Once a successful claim is made under 50% Severity Payout benefit, future assurance charges for the supplementary benefit will be waived.
||There is a waiting period of 90 days from the Cover Start Date or date of reinstatement, whichever is later. No benefit will be payable for events occurring before or within this waiting period or the survival period of 7 days from the date of diagnosis. For special benefit, we will only pay provided the policy is not terminated or fully claimed.
||We reserve the right to change the premium allocation rates of your basic regular premium for policy year 10 and onwards.
||We reserve the rights to levy an administration charge but will not do so before giving you 30 days' written notice.
||For EAO (Lump Sum), there is a net sales charge. The non-guaranteed administration charge is currently zero.
||For EAO (Regular), there is a non-guaranteed administration charge. The non-guaranteed administration charge is currently $50.
||We reserve the right to change the premium allocation rates relating to such new premiums.
How it works
How PRUlink protection plus account can help you
|If You Save and Invest
||Projection1 at Year 40
|Total Payout in the event of Death, Total and Permanent Disability 2 or Terminal Illness 2
(including Non-guaranteed Cash Value)
$2,400 per year with a Sum Assured of $150,000
||The benefit illustration is based on projected investment returns of 4% and 8% for a male non-smoker aged 30 assuming the policy only covers Death, Terminal Illness and Total and Permanent Disability and invested in 100% PRUlink global equity fund. Please note that the administration, assurance and continuing investment charges are not guaranteed and may be adjusted in the future at the Company's discretion. 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.
||PRUlink protection plus account provides coverage against Terminal Illness and Total and Permanent Disability during the term of the policy, and before the anniversary of the policy on which the life assured will attain the age of 65. The life assured cannot claim for both Terminal Illness and Total and Permanent Disability.
Who can apply
- For ages 1 and 60 years of age seeking comprehensive life protection with an element of investment
- A regular premium Investment Linked/ Whole Life product that is payable using Cash only
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 (if any) may be less than the total premiums paid. Investment products are subject to investment risks including the possible loss of the principal amount invested. The value of the units and the income accruing to the units (if any) may fall or rise. Buying health insurance products that are not suitable for you may impact your ability to finance your future healthcare needs. Premiums for some of the supplementary benefits are not guaranteed and may be adjusted based on future claims experience. You are recommended to seek advice from a qualified Prudential Financial Consultant for a financial analysis before purchasing a policy suitable to meet your needs. This website is for reference only and is not a contract of insurance. Please refer to the exact terms and conditions, specific details and exclusions applicable to these insurance products in the policy documents that can be obtained from your Prudential Financial Consultant. In case of discrepancy between the English and Mandarin versions of this e-brochure, the English version shall prevail. Information is correct as at 2 January 2015.