PRUlife

We understand you want to provide lifelong protection for you and your family

You have plans and you work hard to shape your future, be it getting married, starting a family, providing for them or planning for your retirement.

Regardless of what the future brings, you want to be assured that your family and their future are taken care of. And as a parent, you would strive to provide the best for your child.

Designed to provide whole of life protection, PRUlife provides coverage against death, Terminal Illness1, and Total and Permanent Disability1, so you and your loved ones have less to worry about should the unforeseen happen.

 

English Brochure

Chinese Brochure

Highlights

prulife-whole-of-life-en

Policy Term

prulife-age-85-next-birthday-en

Premium Payment Term

prulife-lump-sum-payout-en

Upon death, Terminal Illness1 or Disability1

prulife-buy-another-policy-fn2-en

No medical underwriting during major life's milestones

Product Details

Product Type

Whole Life

Payment Term

Up to 85 Age Next Birthday

Policy Term

Whole of Life

Total & Permanent Disability & Terminal Illness:

  • Up to age 65 Age Next Birthday
Issuance Age

1 to 75 Age Next Birthday

Limits

Minimum Sum Assured:

  • $10,000

Maximum Sum Assured:

  • $300,000 when entry at 1 Age Next Birthday to 15 Age Next Birthday

Minimum Annual Premium:

  • $400
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 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.

Before 65 Age Next Birthday:

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

Not Applicable

Critical Illness Benefit

Not Applicable

Accidental Death Benefit

Not Applicable

Enhance Your Coverage

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

How PRUlife works for you:

Gerald (male, non-smoker), age 25 next birthday, is a fresh graduate who has just started his career and would like to obtain life protection and plan for his future. He is able to set aside about S$112* per month for coverage against death, Terminal Illness, and Total and Permanent Disability for a sum assured of S$100,000.

End of Policy Year Basic Premiums Paid* Death Benefit4 Surrender Value4
Guaranteed Non-Guaranteed Total Guaranteed Non-Guaranteed Total
20 $26,780 $100,000 $49,610 $149,610 $15,992 $15,639 $31,631
30 $40,170 $100,000 $76,361 $176,361 $28,646 $30,142 $58,788
64 $79,520 $100,000 $243,456 $343,456 $81,048 $182,093 $263,141

 

* Premiums quoted are based on a non-smoking male aged 25 on his next birthday with PRUlife and a sum assured of S$100,000, based on annual mode.

 

How PRUlife works for your child:

Mr Lim (male, non-smoker), age 30 next birthday, would like to start planning for basic insurance coverage for his newborn daughter, Clarissa, aged 1 (female, non-smoker), for as little as S$50** per month. Clarissa gets covered under PRUlife for a sum assured of S$100,000, and she will be able to enjoy these low premiums for as long as she wants. The cash value accumulated under PRUlife may be used for Clarissa’s education in the future.

End of Policy Year Basic Premiums Paid** Death Benefit4 Surrender Value4
Guaranteed Non-Guaranteed Total Guaranteed Non-Guaranteed Total
20 $11,980 $100,000 $49,610 $149,610 $5,676 $6,282 $11,958
30 $17,970 $100,000 $76,361 $176,361 $10,517 $12,323 $22,840
64 $38,336 $100,000 $243,456 $343,456 $43,907 $105,397 $149,304

 

** Premiums quoted are based on a non-smoking female aged 1 on her next birthday with PRUlife and a sum assured of S$100,000, based on annual mode.

Footnotes:

  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 the 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.
  3. Bonuses are not guaranteed and will vary according to the future performance of the participating fund.
  4. The illustrated values use a bonus rate assuming a projected investment rate of return of 4.75% per annum for the participating fund. Bonus rates are not guaranteed and 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.

Product Enquiry

For more information and special offers.

* Required fields
Product Name
First Name *
Last Name *
Phone Number*
Email*
NRIC/Passport No.
 

Next Steps

Back to Top