Life Protection – Mortgage Insurance


We understand you want to safeguard your home from life's uncertainties.

While your home represents shelter and security for you and your loved ones, sometimes it needs protection too. PRUMortgage is a non-participating, regular premium reducing term mortgage insurance plan that ensures your family will always have a shelter, by taking care of the outstanding mortgage payments should the unforeseen happen.

What is PRUMortgage?

PRUMortgage is a non-participating, regular premium reducing term mortgage insurance plan that ensures outstanding mortgage payments will be taken care of, should the unforeseen happen.

Supplementary benefits



Early Stage Crisis Waiver
  • Waives your premiums of the covered benefits for 5 years upon diagnosis of early stage medical conditions1 and allows a claim for a second time2
  • Waives your premiums for 10 years3 upon the diagnosis of intermediate stage medical conditions

Crisis Waiver III

Waiver of premiums upon diagnosis of any one of the 35 critical illness

Important Information


1After the end of the early stage premium waiver period, premium payment for the covered benefits will resume, but the premiums for the early stage crisis waiver will continue to be waived.

2The second claim will waive the premium for another 5 years. This is provided the second claim is not for the same medical condition as the first claim, and it does not fall within the same category of the first early stage medical condition.

3If there was a successful claim under early stage medical conditions, the intermediate stage medical conditions benefit only waives 5 years of future premiums.

Additional Notes

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.

Buying health insurance products that are not suitable for you may impact your ability to finance your future healthcare needs. Premiums for the supplementary benefit 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 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 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 product brochures, the English version shall prevail.

These policies are 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 ( or or

Information is correct as of 1 October 2021.

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

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