Analyse your life needs in detail and plan ahead for a brighter tomorrow.
We understand you want to save and protect your life goals against uncertainties
Saving for the future is the first step towards achieving your dreams. Whatever your commitments may be, whether it’s seeing your child through university, buying a new home or enjoying retirement, you can attain your important milestones with a plan that helps you save while being covered against the unforeseen at the same time.
PRUsave, a regular premium endowment plan, offers you both the benefits of disciplined savings and protection in a single plan. Designed to offer you a choice of different policy terms that best suit your life’s changing needs, you can now be assured that even while you save, you and your loved ones are protected against the unforeseen.
|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. We will either pay for Terminal Illness or Total and Permanent Disability, but not both.|
|2||This benefit is only applicable to PRUsave policy purchased on your child on standard terms. The sum assured for the new policy can be up to the amount equal to the sum assured of the Death Benefit in the PRUsave policy increased at a compounded rate of 5% for each year the customer held the PRUsave policy. However, the maximum sum assured is limited to S$300,000 per life.|
|3||This benefit is only applicable to PRUsave purchased on standard terms. The sum assured for the new policy at each life event cannot be more than 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. The maximum additional cover for these two life events can only be up to 50% of the original sum assured or S$300,000, whichever is lower.|
|4||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.|
|5||Future premiums of the covered benefits are waived up to age 85 or until the end of the premium payment term, whichever is earlier.|
|6||Premium quoted is based on a non-smoking male, age 1 next birthday with PRUsave (policy term of 20 years) with a sum assured of S$70,000.|
|7||The illustrated values use bonus rates assuming a projected investment rate of return of 4.75% per annum for the participating funds. Bonus rates are not guaranteed and will vary according to the future performance of the participating fund.|
|8||Premium quoted is based on a non-smoking male, age 45 next birthday with PRUsave (policy term of 20 years) with a sum assured of S$100,000.|
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.