PRUterm renewable

We understand your need for flexible protection.

PRUterm renewable is a unique plan that entitles you the benefits from the security of lifelong protection while incorporating flexibility so that you can control your level of commitment at any stage of your life.

Benefits^

  • Provides lifetime financial protection against death, disability and terminal illness till age 65
  • An affordable, hassle-free basic 5-year term insurance plan that brings you essential coverage
  • Provides option to renew coverage every 5 years at the rate based on the new attained age
  • Allows increase of coverage at life's major milestones without evidence of good health. Within three months of marriage, upon the birth of your child or the adoption of a child, you can choose to take up any new PRUterm renewable*
  • Add on these supplementary benefits for more comprehensive coverage:
    • Provides a regular annual income from the year after the total disability, up to 65 years of age
    • Crisis Waiver pays for your premiums in event that you are diagnosed with any one of the 30 critical illnesses
    • Upon diagnosis of any one of the 30 critical illnesses, Crisis Cover Extra1 pays out the sum assured in a lump sum during the policy term, thus allowing your coverage against death and terminal illness to continue.
    • Comprehensive Personal Accident III benefit receives an additional lump sum payment in the event of accidental death and dismemberment
      • reimburse your medical expenses incurred due to the accident and pays out a weekly income if you cannot go to work because of the accident.
    • PRUsmart lady II gets financial protection against major female illnesses and medical cost incurred for surgery and hospitalisation
    • Crisis Cover III to PRUterm basic with disability chooses to convert all or part of the sum assured to a new whole life or endowment plan*

 

^ Terms and conditions apply
* Subject to the conversion terms and conditions and availability at time of conversion.
1 Disability Benefit must be purchased together with Crisis Cover Extra for PRUterm renewable

How it works

For as little as $0.62 per day or $18.63 a month, a male non-smoker aged 25, can be covered for $150,000 through a PRUterm renewable plan.

Who can apply

  • For those between 16 and 70 years of age seeking the security of life protection with flexible premium payment terms.
  • A Term product available for cash funds with Regular Premium payment

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, conditions, exclusions and specific details applicable to this insurance in the policy document 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.