PRUTerm Vantage (SGD or USD)

Because you want them to always be well looked after.

For those seeking high value yet flexible coverage, with a minimum sum assured for S$1million1 or US$800,0005

Features^

  • Available in Singapore dollars or US dollars5.
  • Choose a policy term that suits your needs, whether it's 10 years or longer.
  • In the event of Death or Terminal Illness2, your family can draw comfort from the lump sum payment of the sum assured.
  • You don't have to be a Singaporean citizen or Permanent Resident to sign up for PRUTerm Vantage.
  • You can choose to be protected against Death and Terminal Illness all the way until you reach 100 years of age3.
  • PRUTerm Vantage also comes with an optional Accelerated Disability benefit4, which covers you against Total and Permanent Disability.

 

^ Terms and conditions apply.
1 The minimum sum assured against Death and Terminal Illness ("TI") is S$1,000,000 or US$800,000 for standalone PRUTerm Vantage (SGD) and PRUTerm Vantage (USD) respectively.
2 PRUTerm Vantage provides coverage against Death and Terminal Illness ("TI") during the policy term. The Life Assured can only claim either Death or TI but not both.
3 Based on age next birthday.
4 Optional Accelerated Disability Benefit provides coverage against 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. This benefit can only be added at inception of your policy.
5 For PRUTerm Vantage(USD), different benefit limits may apply.

Example

PRUTerm Vantage Explained

The customer:
Mr.Lim, who'll be 40 years old on his next birthday, has 3 young children and is the family's sole breadwinner. He has already planned for his retired life (along with his wife) as well as children's education needs.

The need:
After looking at his financial plans, he realises there's a huge shortfall in his own protection needs and is interested in topping up his coverage for the next 25 years so that his family will be well looked after in the event of his premature death, terminal illness or total and permanent disability.

The solution:
He signs up for PRUTerm Vantage with a sum assured of S$1 million for a premium of just S$2,4501 per year, which includes the optional Accelerated Disability Benefit.

The reassurance:
In the event of Mr.Lim's Death, Terminal Illness or Total and Permanent Disability2, his family will receive the lump sum payment of S$1 million, which will see them through difficult times.

 

1 The PRUTerm Vantage premium is quoted based on a 25-year premium term for a non-smoking male, aged 40 next birthday, and includes an optional Accelerated Disability Benefit.
2 Optional Accelerated Disability Benefit provides coverage against 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.

Download Brochure

Note:
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 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.