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: 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

LIA Critical Illnesses (CI) Framework 2019 : In accordance to LIA Critical Illness (CI) Framework 2019, Prudential Singapore’s policies purchased from 26 August 2020 will adhere to the updated list of critical illnesses definitions. For more information, speak to your Prudential Financial Consultant today.

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.

Changes to the way you’ll receive your letters: From Aug-20, we'll begin sending letters such as payment and renewal notices, payout letters and more, digitally instead of via mail. Eligible customers will receive an SMS whenever there is an e-letter for you. For more info, please click here.

IMPORTANT NOTICE : As of 25 August 2020, we have updated our Privacy Notice which is available at our corporate website. Find out more here.


Rewarding you for staying healthy



We know the benefits of a healthy lifestyle. Your efforts in healthy living will be rewarded, not just with good health, but also with savings on your premiums through a claims-based pricing approach.

What is claims-based pricing?

Claims based pricing is a fairer pricing approach for our policyholders to save on premiums without compromising on medical care.

It is applicable for PRUExtra Premier CoPay, PRUExtra Preferred CoPay, and PRUExtra Premier# customers only.

How does it work?

With claims-based pricing, you will start off at the Standard Level Premium, the lowest premium level of your age band. You also enjoy the PRUWell Reward, a 20% savings on your Standard Level Premium when your policy is incepted with no exclusions. Each year, your premium level will be determined by any previous claims you made during the review period. As long as you stay healthy, with no claims made on your supplementary plan, you will continue to enjoy the PRUWell Reward on your Standard Level Premium at your next policy renewal.

 

What is claims-based pricing?

~Based on age next birthday, at policy renewal


Source of claim Claim amount during
the Review Period
Movement on premium levels
(at the next policy renewal)
PRUExtra Premier CoPay PRUExtra Premier# PRUExtra Preferred CoPay
Private Hospitals under
Panel Providers* only
S$1,000 and below Remains on the same level
Above S$1,000 ↑1 level (limit at Level 5)
Private Hospital under
Non-Panel Providers*
S$1,000 and below Remains on the same level
Above S$1,000 to S$5,000 ↑2 Levels (limit at Level 5)
Above S$5,000 ↑4 Levels (limit at Level 5)
Private Hospital not under Panel Providers
and Non-Panel Providers*
S$1,000 and below Same movement on
premium levels as
Non-panel Providers
Expenses not reimbursable
Above S$1,000 to S$5,000
Above S$5,000
Restructured Hospitals* only Any amount ↓1 Level (limit at Standard)
No claim Nil ↓1 Level (limit at Standard)

Panel Providers include:

  1. All Private Registered Medical Practitioners/Specialists, Private Hospitals and Private Treatment Centres listed on the PRUPanel Connect website
  2. All Restructured Hospitals and Treatment Centres

Note: PRUPanel Connect value-added services are applicable for all under (1) and a selected number of Restructured Hospitals and Medical Practitioners/Specialists under (2), all of which are listed on the PRUPanel Connect website.


Non-panel Providers are Private Hospitals and private medical institutions listed under Non-panel on our website. They also include non-participating private specialists operating in Private Hospitals listed under Panel Providers. We reserve the right to change this Panel or Non-panel list from time to time.


Note:

Should there be occurrences of Private Hospitals and Restructured Hospital claims within the same review period, only the claims under Private Hospitals will be added together to calculate the premium level. If there is a claim from a Private Hospital or private medical institution that is not under our Panel Providers, and it is made within the same review period as a Panel Provider, the premium level will be based on the Private Hospital or private medical institution that is not under our Panel Providers’ premium level to determine the movement on premium level at policy renewal.

#PRUExtra Premier is no longer available for new business, mid-term add and upgrades with effect from 1 April 2019

Keeping your premiums affordable in the long-run

Visit a PRUPanel Connect specialist


You can now take advantage of PRUPanel Connect which gives you access to participating specialists within our panel hospitals. With claims-based pricing, when you make a claim with a participating PRUPanel Connect specialist, you will only move up 1 level compared to up to 2 or 4 levels with other private hospitals or medical institutions. Using a PRUPanel Connect specialist can therefore help keep your premiums more affordable.


Claim from other insurance plans


By reducing the claim amount made against your PRUShield policy, you can better manage future premium increments. One way to do this is to recover the cost of your medical claims from other insurance plans available to you, such as your company’s group insurance employee benefits plan. In this manner, you will reduce the claim amount made against your PRUShield policy and help us keep your premiums more affordable in the long term.

Customers impacted by claims based pricing (CBP) will also benefit by moving down one premium level upon policy renewal if they managed to recover a minimum amount of $1,000 successfully.

For more information on how to recover cost of your medical claims from third party, visit www.prudential.com.sg/prushieldclaims

Find out more

Please refer to the customer portal PRUaccess for the revised premiums based on your age band.

For more information contact your Financial Consultant or call our PRUCustomer Line on 1800 333 0333 (Monday – Friday, 8.30am – 5.30pm).

Note: Terms and conditions apply. PRUextra premiums cannot be paid using Medisave. 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 health insurance products that are not suitable for you may impact your ability to finance your future healthcare needs. Premiums are not guaranteed and may be adjusted based on future claims experience. Prudential reserves the right to vary premiums at any time by giving 30 days’ written notice to the policyowner before doing so. 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 leaflets, the English version shall prevail.

Information is correct as at 1 April 2020

Next Steps