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Early Stage Crisis Waiver
Focus on Recovery Without Worrying About Premium Payments
When critical illness occurs, you want to focus on recovery without worrying about your premium payments.
Add Early Stage Crisis Waiver1 and Crisis Waiver III2 to your main plan to waive your future premiums upon the diagnosis of Early3 or Intermediate Stage Medical Conditions and Critical Illnesses respectively.
Early Stage Crisis Waiver can only be attached if Crisis Waiver III is attached to the same policy. The maximum premium waiver period under the Early Stage Crisis Waiver Benefit is 10 years, after which the benefit terminates and premium payment for the covered benefits will resume. The waiver duration is subject to the remaining premium term of the covered benefits and up to age 85. The waiver duration is up to your chosen age ranging from 55 to 85 years old for PRUlink protection plus account plan.
|2||Crisis Waiver III waives the future premiums of the covered benefis up to age 85. The waiver duration is up to your chosen age ranging from 55 to 85 years old for PRUlink protection plus account plan.|
After the end of the Early Stage Premium Waiver Period, premium payment for the covered benefis will resume, but the premiums for the Early Stage Crisis Waiver will continue to be waived.
The second claim will waive the premium for another 5 years. This is provided the second claim is not for the same Medical Condition as the first claim, and it does not fall within the same category of the first Early Stage Medical Condition.
If there was a successful claim under Early Stage Medical Conditions, the Intermediate Stage Medical Conditions Benefit only waives 5 years of future premiums.
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.
The information on 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 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 the e-Brochures, the English version shall prevail.
Information is correct as at 27 May 2016.