Payer Security USD

We understand you want to protect your family’s policies.

Giving your loved ones the best goes beyond acquiring a protection, endowment or investment-linked plan. Safeguard their US dollar denominated plans with Payer Security USD to ensure that your loved ones continue to be covered when you or your spouse are unable to pay for the premiums due to unforeseen circumstances.

Highlights

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Waives premium should the unforeseen happen to the payer

Product Details

Payment Term

Minimum: 5 years

Maximum:

- Lower of:

  • 25 less age next birthday of juvenile at entry or
  • 65 less age next birthday of parent / guardian at entry, or
  • premium paying term of juvenile policy
Policy Term

Same as premium payment term

Issuance Age

Child:

  • 1 to 20 Age Next Birthday

Adult:

  • 17 to 50 Age Next Birthday
Accidental Death Benefit

Not Applicable

Sum Assured

Not Applicable

Core Benefits
  • Waives future premiums for basic plan and covered riders
    • up to the premium payment term or the policy anniversary before the child turns 251, whichever occurs first,
    • in the event that the payer or guardian dies, suffers total and permanent disability or is diagnosed with any one of the 35 critical illnesses.

  • Angioplasty & other Invasive Treatment for Coronary Artery is not covered.

Footnotes:

  1. The wavier of premiums will be until the policy anniversary before the stated age.

 

Note:

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. This plan has no cash value. Buying health insurance products that are not suitable for you may impact your ability to finance your future healthcare needs. Premiums 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 this insurance product 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.

Information is correct as at 22 March 2017.

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