PRUselect

We understand you want it to be easy, when it comes to investing.

As someone who is up-to date, you're always looking to invest and potentially grow your money in order to achieve your financial goals.

Introducing PRUselect, a regular-premium investment-linked plan that offers you a selection of model portfolios made up of a diversity of funds, and is developed taking into account of different levels of return expectations, risk appetite and time horizon. Now you can invest in an easier, guided and more disciplined approach and look forward to potentially getting the most with the right investment choices.

English Brochure

Chinese Brochure

Highlights

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Ensures that one gets the most out of the investments

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This suits different return expectations, risk appetite and time horizon

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This gives an added boost in reaching one's financial aspirations

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No medical underwriting is required3

Product Details

Product Type

Investment Linked

Payment Term

Regular Premium:

  • 10, 15 or 20 years
Policy Term

Whole of Life

Issuance Age

10 Years:

  • 1 to 65 Age Next Birthday

15 Years:

  • 1 to 60 Age Next Birthday

20 Years:

  • 1 to 55 Age Next Birthday
Limits

Minimum Annual Premium:

  • $4,200
Maturity Benefit

Not Applicable

Death Benefit

The value of all the units in the Account, less any amounts owing to us.

Total & Permanent Disability Benefit

Not Applicable

Cash Benefit

Not Applicable

Critical Illness Benefit

Not Applicable

Accidental Death Benefit

The higher of:

  1. The value of all the units in the Account; or
  2. 105% of (total premiums paid (excluding premiums for supplementary benefits) less any withdrawals and any charges applied on the reduction in premium),

less any amounts owing to us.

Enhance Your Coverage

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

How PRUselect works

Ken (male, non-smoker), age 35 on his next birthday, purchased a PRUselect policy and selected a 20-year premium payment term, paying S$500 every month. After every 5 years, he'll receive his Loyalty Bonus2 when he pays his premiums regularly.

At the end of 20 years, at age 55, his premium payment term ends. After deduction of the relevant fees and charges4 of the policy, the potential returns he will receive at age 60 is S$261,0825 (projected at 8% p.a.) or S$448,9165 at age 70 (projected at 8% p.a.).

 

Videos:



Footnotes:

  1. Model portfolio are developed and constructed in consultation with Mercer.
  2. The policy’s loyalty bonus entitlement ceases once the premium payment term ends. To qualify for bonus, you must meet the terms and conditions attached to it.
  3. Medical check-ups or answering health-related questions maybe required if the Main Life Assured or policyowner(s) add(s) on optional supplementary benefit, or if the total premiums for selected plans per life assured issued in the past 24 months exceed $5 Million (or equivalent). Selected plans will be reviewed and determined by Prudential from time to time.
  4. Please refer to product summary for details of fees and charges of the policy.
  5. The benefit illustration is based on fund management charge of 1.5% p.a. on projected investment returns of 8% p.a. The rate of return is used purely for illustrative purposes – the actual rate may be higher or lower. The actual benefits payable will depend on the actual performance of the PRUselect Fund(s) selected. The performance of the PRUselect Fund(s) is not guaranteed and cash value may be less than the capital invested.

 

Important Notes:

PRUselect will give you access to confidential and proprietary information of Model Portfolios developed by Mercer and is intended for your exclusive reference, for general information purposes only. This information is not, nor intended to be, investment advice and shall not be relied on as such. All investment decisions shall be made independently by you, after duly considering and understanding the investment product(s), benefits and risks.

Notwithstanding any information provided to you in connection with the PRUselect, you are advised to read Product Summary, Fund prospectuses and Product Highlights Sheet with respect to the relevant investment products before deciding whether to invest in such products. Neither Prudential Assurance Company Singapore (Pte) Limited (“Prudential Singapore”) nor Mercer gives any representations or warranties as to the accuracy of any information provided to you in connection with the PRUselect. Neither Prudential Singapore nor Mercer accepts any responsibility or liability for any loss or damage which you may suffer arising out of or in connection with your purchase of the PRUselect. Where appropriate, you are encouraged to seek independent legal, tax and other professional advice. As there may be market fluctuations and change in market conditions, you are also encouraged to refer to the subsequent model portfolios that will be updated on annual basis (for PRUselect). Such subsequent updated model portfolios can be obtained via your Prudential Financial Consultant and will be made available in PRUaccess.

Any opinion on or rating of investment products contained under the model portfolio developed by Mercer in connection with the PRUselect is not intended to convey any guarantee as to the future investment performance of such investment products or model portfolios. In addition, past performances cannot be relied upon as a guide or indicator to future performance. Notwithstanding anything above, Prudential Singapore reserves the right to discontinue the PRUselect at any time without reference or notification to you.

 

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. Investment products are subject to investment risks including the possible loss of the principal amount invested. The value of the units and the income accruing to the units (if any) may fall or rise. 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. The information on 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 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.

In case of discrepancy between the English and Mandarin versions of the e-Brochures, the English version shall prevail.

Information is correct as at 22 March 2017.

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