PRUlife limited pay

We understand that you want lifelong coverage with a shorter premium payout period.

Being able to enjoy lifelong financial protection is becoming increasingly important as our life expectancy rises. You can now have peace of mind knowing that your future will be protected even when you pay off your premiums earlier.

PRUlife limited pay is a whole of life plan designed to provide you with the protection you need, and also gives you the option of paying off your premiums sooner to ease your financial commitments later in life. Your loved ones will be provided for in the event of Death, Terminal Illness1, and Total and Permanent Disability1.


  • A with-profits whole of life plan with limited premium payment term
  • Flexible premium payment term of 10, 15 or 25 years
  • Provides lifetime financial protection against Death, Terminal illness1, and Total and Permanent Disability1
  • Buy a new plan2 without underwriting upon significant events in life
  • Enhance your coverage with Early Stage Crisis Waiver3, Crisis Waiver III4, Early Payer Security3 and Payer Security lll/Payer Security Plus for added assurance

How it works

How PRUlife limited pay works:

Mr Lee (male, non-smoker), age 35 next birthday, decides to make premium payments of S$245* per month for 15 years only for his whole of life plan, i.e. he stops paying premiums by age 50. For the next 15 years, Mr Lee pays about S$44,115 for a sum assured of S$100,000. His life coverage will continue even after he stops his premium payment at age 50, and he can look forward to a cash value of up to S$87,6455 when he reaches age 65.

End of Policy Year Total Premiums Paid* Death Benefit5 Surrender Value5
Guaranteed Non-Guaranteed Total Guaranteed Non-Guaranteed Total
Age 50
S$44,115 S$100,000 S$24,059 S$129,059 S$33,693 S$6,300 S$39,993
Age 55
S$44,115 S$100,000 S$45,100 S$145,100 S$39,240 S$19,290 S$58,530
Age 65
S$44,115 S$100,000 S$69,842 S$169,842 S$51,486 S$36,159 S$87,645

* Premium quoted is based on a non-smoking male, age 35 next birthday with PRUlife limited pay with premium term of 15 years and a sum assured of S$100,0003 based on annual mode.

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1 Policy 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.
2 Sum assured of the new policy for each life event can only be up to a maximum of 25% of the original sum assured or S$150,000, whichever is lower. The option to purchase a new policy can only be exercised twice in a lifetime of the Life Assured. And the maximum additional cover for these two life events can only be up to a maximum of 50% of the original sum assured or S$300,000, whichever is lower.
3 Upon diagnosis of Early or Intermediate Stage Medical Conditions, the future premiums of the covered benefits will be waived for 5 years or 10 years respectively, or the remaining premium payment term, whichever is shorter. The maximum premium waiver period is 10 years, after which the benefit terminates and premium payment for the covered benefits resumes.
4 Future premiums of the covered benefits are waived up to age 85 or until the end of the premium payment term, whichever is earlier.
5 The illustrated values use a bonus rate assuming a projected investment rate of return of 4.75% per annum. As the bonus rates are not guaranteed, the actual benefits payable will vary according to the future performance of the participating fund.



You are recommended to read the product summary and seek advice from a qualified Prudential Financial Consultant for a financial analysis before purchasing a policy suitable to meet your needs.

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.

Buying health insurance products that are not suitable for you may impact your ability to finance your future healthcare needs. Premiums for the supplementary benefits are not guaranteed and may be adjusted based on future claims experience.

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.

The information contained on this website is intended to be valid in Singapore and shall not be construed as an offer to sell or solicitation to buy or provision of any insurance product outside Singapore. In case of discrepancy between the English and Mandarin versions of the e-brochure, the English version shall prevail.

Information is correct as at 5 October 2016.