IMPORTANT NOTICE: Our Prudential Customer Service Centre on the 1st Floor of Marina One, East Tower will be opened by appointment only, from 2 June 2020. To ensure your safety, we have put safe management measures in place. For more information on COVID-19 relief measures please click here.

IMPORTANT NOTICE: With tighter measures announced for the Circuit Breaker period, our Prudential Customer Service Centre at Marina One, East Tower will be closed from 20-Apr to 1-Jun. We remain available to assist you. You can request for a call back here, or call 1800 333 0333 or your Financial Consultant for assistance.

IMPORTANT NOTICE: Prudential announced the roll out of PRUCare Package to provide cash benefits for those quarantined or hospitalised due to the COVID-19, as well as aid for SMEs whose businesses are affected by the disease. Find out more

COVID-19 (CORONAVIRUS DISEASE 2019) Update: Our PRUPanel Connect Concierge services in Raffles Hospital and Mount Alvernia Hospital have also been temporarily suspended until further notice.

PRUACCESS: In accordance with PDPC's Advisory Guidelines on the PDPA for NRIC and other National Identification numbers, we will no longer be using NRIC/passport numbers/FIN for login purposes from 1 Aug 2019. If you have yet to create a user ID, please click here.

Highlights

Choice of PRUlink Funds 

Well-diversified portfolio to suit different investment objectives and risk appetites

Large Sum Incentive 

Increased allocation rate for top-ups of $25,000 or more

Flexible Options 

Top-ups, withdrawals and unlimited fund switching to match changing needs

Low Charges 

No policy and administration charges

Product Details

 
Product Type

Investment Linked

Payment Term

Recurrent Single Premium:

  • CPF Investment Scheme-Ordinary Account (CPFIS – OA) and CPF Investment Scheme-Special Account (CPFIS – SA):
    • 10 to 40 years
  • Supplementary Retirement Scheme2 (SRS):
    • 10 to 48 years
  • Cash:
    • 10 to 69 years
Policy Term

CPF Investment Scheme-Ordinary Account (CPFIS – OA) & CPF Investment Scheme-Special Account (CPFIS – SA):

Plan matures at 62 ANB

Supplementary Retirement Scheme2 (SRS)

and Cash:

  • Whole of Life
Issuance Age

CPF Investment Scheme-Ordinary Account (CPFIS – OA) & CPF Investment Scheme-Special Account (CPFIS – SA):

  • Basic Recurrent Single Premium and Increase in Premium: 22 to 52 Age Next Birthday
  • Top-Up: 22 to 59 Age Next Birthday

Supplementary Retirement Scheme2 (SRS):

  • Basic Recurrent Single Premium and Increase in Premium: 22 to 60 Age Next Birthday
  • Top-Up: 22 to 70 Age Next Birthday

Cash:

  • Basic Recurrent Single Premium and Increase in Premium: 1 to 60 Age Next Birthday
  • Top-Up: 1 to 70 Age Next Birthday
Limits

Minimum Recurrent Single Premium:

  • $1,800

Minimum Increase in Recurrent Single Premium:

  • $600 (Monthly, Quarterly, Half-Yearly premium payments also available for Supplementary Retirement Scheme2 funds & Cash)

Minimum Top Up:

  • $2,000
Maturity Benefit

Not Applicable

Death Benefit

The higher of:

  1. 110% of total premiums and top-ups less withdrawals; or
  2. the value of all the units in the policy account at bid price.
Total & Permanent Disability Benefit

Not Applicable

Cash Benefit

Not Applicable

Critical Illness Benefit

Not Applicable

Accidental Death Benefit

Not Applicable

Footnotes:

  1. Other charges apply. If you bought your policy using Cash or SRS Funds, an assurance charge, investment charges and net sales charge will apply. If you bought your policy using CPFIS-OA or CPFIS-SA, investment charges and net sales charge will apply. For more details on the charges, please refer to the product summary.
  2. If you bought your policy using SRS Funds, your Policy is subject to the terms and conditions of the Supplementary Retirement Scheme. All payments made will be according to the terms and conditions of the Supplementary Retirement Scheme.

 

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.

As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or 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.

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 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.

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

This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact your insurer or visit the GIA/LIA or SDIC web-sites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).

Information is correct as at 22 Aug 2019.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

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