PRUlife limited pay

We understand that you want lifelong coverage with a shorter premium payout period.

Being able to enjoy lifelong financial protection is becoming increasingly important as our life expectancy rises. You can now have peace of mind knowing that your future will be protected even when you pay off your premiums earlier.

PRUlife limited pay is a whole of life plan designed to provide you with the protection you need, and also gives you the option of paying off your premiums sooner to ease your financial commitments later in life. Your loved ones will be provided for in the event of Death, Terminal Illness1, and Total and Permanent Disability1.

English Brochure

Chinese Brochure



Policy Term


Premium Payment Term


Upon death, Terminal Illness1 or disability1


No medical underwriting2 during major life's milestones

Product Details

Product Type

Whole Life

Payment Term

Limited Premium:

  • 10, 15 or 25 years
Policy Term

Whole of Life Death Coverage

Total & Permanent Disability & Terminal Illness:

  • Up to 65 Age Next Birthday
Issuance Age

10 Years Limited Pay: 1 to 70 Age Next Birthday

15 Years Limited Pay: 1 to 65 Age Next Birthday

25 Years Limited Pay: 1 to 55 Age Next Birthday


Maximum Sum Assured:

  • For Life Assured, Age Next Birthday 1 - 15: $1 million
  • For Life Assured, Age Next Birthday 16 and above: subjected to underwriting

Minimum Sum Assured:

  • $10,000

Minimum Annual Premium:

  • 10 years: $1,000
  • 15 years: $800
  • 25 years: $600
Maturity Benefit

Not Applicable

Death Benefit

100% sum assured + bonuses3 (inclusive of both reversionary and performance bonuses) will be payable in lump sum

Total & Permanent Disability Benefit

Before 65 Age Next Birthday:

  • 100% sum assured plus proportionate bonuses3, up to S$2,000,000, will be paid in one lump sum after the confirmed onset of disability.

Before 1 Age Next Birthday:

  • 20% of sum assured, in one lump sum.
  • No Total & Permanent Disability cover will be granted for lives below 28 days of age.
Cash Benefit

Not Applicable

Critical Illness Benefit

Not Applicable

Accidental Death Benefit

Not Applicable

Enhance Your Coverage

Early Stage Crisis Waiver, Crisis Waiver III, Early Payer Security, Payer Security lll/Payer Security Plus 

How PRUlife limited pay works:

Mr Lee (male, non-smoker), age 35 next birthday, decides to make premium payments of S$245* per month for 15 years only for his whole of life plan, i.e. he stops paying premiums by age 50. For the next 15 years, Mr Lee pays about S$44,115 for a sum assured of S$100,000. His life coverage will continue even after he stops his premium payment at age 50, and he can look forward to a cash value of up to S$87,6454 when he reaches age 65.

End of Policy Year Total Premiums Paid* Death Benefit Surrender Value
Guaranteed Non-Guaranteed4 Total4 Guaranteed Non-Guaranteed4 Total4
Age 50
S$44,115 S$100,000 S$24,059 S$129,059 S$33,693 S$6,300 S$39,993
Age 55
S$44,115 S$100,000 S$45,100 S$145,100 S$39,240 S$19,290 S$58,530
Age 65
S$44,115 S$100,000 S$69,842 S$169,842 S$51,486 S$36,159 S$87,645

* Premium quoted is based on a non-smoking male, age 35 next birthday with PRUlife limited pay with premium term of 15 years and a sum assured of S$100,000 based on annual mode.


  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. The Life Assured cannot claim for both.
  2. 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. And 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.
  3. Bonuses, if any, are not guaranteed and will vary according to the future performace of the Participating fund.
  4. The illustrated values use a 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.



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 some of 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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