PRUflexicash

We understand you want financial flexibility while saving for your future

Prepare for life's uncertainties with the PRUflexicash insurance savings plan. It's designed to help you save for the future, while providing you with protection against unforeseen events. It also offers you financial flexibility with Yearly Cash Benefit1 feature and the freedom to structure payouts to suit your needs.

 

English Brochure

Chinese Brochure

Highlights

PRUflexicash Yearly Cash Benefit - Endowment Plan Insurance

Starts after the 2nd policy anniversary

PRUflexicash Protection Coverage - Endowment Plan Insurance

Death, Terminal Illness2 & Disability2

PRUflexicash No Medical Underwriting - Endowment Plan Insurance

Without medical underwriting3 during major life's milestones

PRUflexicash Choice of Policy Term - Endowment Plan Insurance

15, 20 or 25 years

Product Details

Product Type

Endowment

Payment Term

Regular Premium:

  • 15, 20 or 25 years
Policy Term

15, 20 or 25 years

Issuance Age

15 years:

  • 1 to 60 Age Next Birthday

20 years:

  • 1 to 55 Age Next Birthday

25 years:

  • 1 to 50 Age Next Birthday
Limits

Minimum Sum Assured:

  • $10,000

Maximum Sum Assured:

  • $1,000,000, where the life assured is 1 to 16 Age Next Birthday at entry

Minimum Annual Premium:

  • $600
Maturity Benefit

Last Yearly Cash Benefit instalment plus all bonuses4 (if any), less any amounts owing to us.

Death Benefit

100% sum assured plus all bonuses4 (if any) less any amounts owing to us

Total & Permanent Disability Benefit

100% sum assured plus all bonuses4 (if any) less any amounts owing to us

Cash Benefit

5% of sum assured every year after 2nd policy anniversary to 1 year before maturity

Choose to receive, accumulate or defer the Yearly Cash Benefit

Critical Illness Benefit

Not Applicable

Accidental Death Benefit

Not Applicable

Enhance Your Coverage

Accident Assist, Early Stage Crisis Waiver, Crisis Waiver III, Early Payer Security, Payer Security III / Payer Security Plus

Mr Lee (male, non-smoker), age 25 next birthday, plans to set aside S$12,5685 annually (approximately S$1,047 per month) for 15 years. He wants to receive his Yearly Cash Benefit1 of S$6,000 starting from the end of the second policy year for his personal expenses, and looks forward to his maturity payout in a lump sum when he reaches age 40.

End of Policy Year Annual Premium5 Projected Amount6
Projected amount receivable up to maturity
Guaranteed Non-Guaranteed Total
1 S$12,568 - - -
2 S$12,568 $6,000 - $6,000
3 S$12,568 $6,000 - $6,000
4 S$12,568 $6,000 - $6,000
5 S$12,568 $6,000 - $6,000
6 S$12,568 $6,000 - $6,000
7 S$12,568 $6,000 - $6,000
8 S$12,568 $6,000 - $6,000
9 S$12,568 $6,000 - $6,000
10 S$12,568 $6,000 - $6,000
11 S$12,568 $6,000 - $6,000
12 S$12,568 $6,000 - $6,000
13 S$12,568 $6,000 - $6,000
14 S$12,568 $6,000 - $6,000
15 S$12,568 $66,000 $67,433 $133,433
Total S$188,520 $144,000 $67,433 $211,433

Footnotes:

  1. Yearly Cash Benefit is a payout of 5% of the PRUflexicash sum assured after the second policy anniversary.
  2. Policy provides coverage against Terminal Illness and Total and Permanent Disability before the cover expiry date, which is the policy anniversary on which the Life Assured is aged 65 next birthday, or the end of the policy term, whichever is earlier. The Life Assured cannot claim for both Terminal Illness and Total and Permanent Disability.
  3. Sum assured of the new policy for each life event can only be up to a maximum of 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 a maximum of 50% of the original sum assured or S$300,000, whichever is lower.
  4. Bonuses, if any, are not guaranteed and will vary according to the future performance of the participating fund.
  5. Annual premium quoted (rounded up to the nearest dollar) is based on a male, non-smoker, age 25 next birthday, with a sum assured of S$120,000.
  6. The illustrated values use bonus rate assuming a projected investment rate of return of 4.75% per annum. As the bonus rates are not guaranteed, the actual benefits payable will vary according to the future performance of the participating fund.

 

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.

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 22 March 2017.

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