PRUSelect Vantage (SGD)
Giving you the added advantage, to achieve your investment goals.
PRUSelect Vantage is an investment-linked insurance plan that helps you build and diversify your portfolio from a wide range of carefully researched and quality funds. Designed to make the most of your investments, we tap on the internationally acknowledged investment expertise of Mercer Investments (“Mercer”), a leading global provider of investment consulting services, so that you can always be on the market pulse.
Offering you the option to invest in PRUSelect Vantage through regular premium payments depending on your risk profile and objectives, this plan empowers you to steer towards your financial aspirations.
Please click here for the list of PRUSelect Vantage Funds.
100% premium allocation from day 1
To suit different return expectations, risk appetite and time horizon
Rewards investment above a certain amount and by staying invested
No medical underwriting is required3
Minimum Annual Premium:
|Total & Permanent Disability Benefit||
|Critical Illness Benefit||
|Accidental Death Benefit||
The higher of:
less any amounts owing to us
|Enhance Your Coverage||
PRUSelect Vantage (SGD)#
The illustration shows how you may potentially benefit financially from PRUSelect Vantage.
Example: Sam, non-smoker, age 35 on his next birthday, purchased a PRUSelect Vantage policy and selected a 20-year premium term, paying S$24,000 a year.
In the first year, he'll receive $4,800 for his First Year Bonus2.
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 term ends. The potential returns he will receive at age 60 is S$1,072,1104 (illustrated at 8% p.a.) or S$1,846,1144 at age 70 (illustrated at 8% p.a.).
1. Model Portfolio Reports are developed and constructed in consultation with Mercer.
2. To qualify for bonuses, 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.
# Supplementary benefits are only available for PRUSelect Vantage (SGD). Extra premiums are payable for the additional benefits. You can add these benefits only if they are available and the life assured is within the age limit at the time when the benefits are selected. Supplementary benefits are subjected to health underwriting.
4. The illustration is based on fund management charge of 1.5% p.a. on illustrated 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. At 4.0% p.a. illustrated investment rate of return, the potential returns he will receive at age 60 is S$599,385 and S$706,821 at age 70 respectively.
PRUSelect Vantage will give you access to confidential and proprietary information of 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 Vantage, you are advised to read Fund prospectuses, the accompanying Product Summary and Product Highlights Sheet (where applicable) 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 Vantage. 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 use of the PRUSelect Vantage. 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 a quarterly basis. Such subsequent updated model portfolios can be obtained via your Prudential Financial Consultant.
Any opinion on or rating of investment products contained under the model portfolio or provided by Mercer, Prudential Singapore or any Prudential Financial Consultant in connection with the PRUSelect Vantage is not intended to convey any guarantee as to the future investment performance of such investment products. In addition, past performances of investment products cannot be relied upon as a guide or indicator to future performance of such products.
Notwithstanding anything above, Prudential Singapore reserves the right to discontinue the PRUSelect Vantage at anytime without reference or notification to you.
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. 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 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 10 December 2018.
This advertisement has not been reviewed by the Monetary Authority of Singapore.