Analyse your life needs in detail and plan ahead for a brighter tomorrow.
We understand you want multiplied assurance for your family with a shorter premium term
You have goals that you are striving to achieve for your young family. However, life's uncertainties can throw these plans off course. PRUlife multiplier is a whole of life plan designed to provide multiplied assurance through a guaranteed high payout of up to 3 times your sum assured1 to your loved ones should the unforeseen happen to you. The shorter premium payment terms offered will ease your financial commitments in later years.
|1||The payout for Total and Permanent Disability, Terminal Illness and Critical Illness accelerate the Death benefit sum assured. Upon a claim for Death, Accelerated Terminal Illness, Accelerated Disability or Accelerated Critical Illness (except claims for Angioplasty and Other Invasive Treatment for Coronary Artery) and the full sum assured is paid, the policy will terminate and no further benefits will be paid.|
|2||Premiums are not guaranteed during the premium payment term.|
|3||The multiplier benefit is a percentage of the sum assured shown in the table and is dependent on the age of the Life Assured at the Cover Start Date.|
|4||Policy provides coverage against Terminal Illness and Total and Permanent Disability before the cover expiry date, which is the policy anniversary on which the Life Assured is aged 65 next birthday. The Life Assured cannot claim for both Terminal Illness and Total and Permanent Disability.|
|5||Bonuses, if any, are not guaranteed and will vary according to the future experience of the participating fund.|
|6||Sum assured of the new policy upon a life event can only be up to a maximum of 25% of the multiplier benefit or sum assured of $150,000, whichever is lower. The option to purchase a new policy can only be exercised twice in the 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 multiplier benefit or sum assured of $300,000, whichever is lower.|
|7||The full list of benefits covered and their definitions can be found in the product summary that can be obtained from your Prudential Financial Consultant. For certain medical conditions, there is a waiting period of 90 days from the date of issue or reinstatement, whichever is later. Survival period of at least 7 days from the date of diagnosis is applicable before a claim can be made.|
|8||Early Stage and Intermediate Stage benefits payout under Early Crisis Cover Multiplier will reduce the PRUlife multiplier policy sum assured. If the sum assured of both PRUlife multiplier and Early Crisis Cover Multiplier is the same and a benefit payout for 100% of the sum assured from Early Crisis Cover Multiplier is made, the whole policy and this supplementary benefit will terminate. A claim under the Critical Illness benefit within the PRUlife multiplier policy could result in either a reduction of sum assured or termination of Early Crisis Cover Multiplier.|
|9||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.|
|10||Recovery Aid is an optional benefit that can be added to Accident Assist.|
|11||The illustrated values use bonus rates assuming a projected investment rate of return of 4.75%p.a. for the participating fund. Bonuses, if any, are not guaranteed and 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 for distribution in Singapore only 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 this brochure, the English version shall prevail.
Information is correct as at 5 October 2016.