Wealth Accumulation | Investments

PRUSelect Vantage (SGD)

A regular premium investment-linked plan designed to make the most of your investments.

What is PRUSelect Vantage (SGD)?

To achieve your investment goals and enjoy financial freedom, you need to bring the same foresight and discipline as you plan for your professional and personal goals.

Designed to make the most out of your investment, PRUSelect Vantage (SGD), a regular investment-linked plan that offers access to a variety of quality funds, allowing you to build and diversify your portfolio.

Enjoy bonuses while investing and stay protected if life’s unexpected events were to take place.

Key Benefits

Optimise your wealth for growth while you stay protected

Make the most out of your investment with 100% of premiums invested from day 1, first year bonus and earn loyalty bonus every 5 years¹. The plan also provides coverage on death² and accidental death³.

Flexible choices to cater to your needs

The plan offers 5, 10, 15 and 20 years premium payment terms with minimum annual premium at $36,000 for 5 years, and $9,000 for 10, 15 and 20 years. It also allows you to do partial withdrawals and fund switch to cater to your needs at any life stage.

Hassle free application

PRUSelect Vantage Summary of Funds Booklet

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PRUSelect Vantage Technical Product Booklet

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Supplementary benefits

Early Stage Crisis Waiver⁵

Waives your premiums of the covered benefits for 5 years upon the diagnosis of Early Stage Medical Conditions⁶ and allows a claim for a second time⁷.
Waives your premiums for 10 years⁸ upon the diagnosis of Intermediate Stage Medical Conditions.

Crisis Waiver III

Waives the future premiums⁶ of the covered benefits upon diagnosis of any one of the 35 Critical Illnesses listed.

Payer Security III

Waives the premiums of your child’s policy in the event that death, total and permanent disability or critical illnesses strike you or your spouse. This benefit covers you or your spouse up to the end of the premium term or when your child turns 25⁹, whichever is earlier.

Useful tools and Information

Check out these quick links

Needs Analysis Calculator

FAQs

Important information

About PRUSelect Vantage Funds

PRUSelect Vantage allows you to have access to our suite of expert-managed funds.

Choose funds aligned to your risk appetite and preferences, and make unlimited fund switches as your risk profile or financial goals change.

To find out more about PRUSelect Vantage funds, click here.

Footnotes

To qualify for bonuses, you must meet the terms and conditions attached to it. Please refer to the Product Summary for details on the fees and charges.

The death benefit refers to the value of all the units in the Account, less any outstanding amounts payable.

Accidental death benefit is only up to 75 age next birthday. We pay the higher of:

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

less any outstanding amounts payable.

⁴

Medical check-ups or answering health-related questions may be 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 S$15 million (or equivalent). Selected plans will be reviewed and determined by Prudential from time to time.

⁵

Early Stage Crisis Waiver can only be attached if Crisis Waiver III is attached to the same policy. The maximum premium waiver period under the Early Stage Crisis Waiver Benefit is 10 years, after which the benefit terminates and premium payment for the covered benefits will resume. The waiver duration is subject to the remaining premium term of the covered benefits and up to age 85.

⁶

After 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.

⁷

The 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.

⁸

If there was a successful claim under Early Stage Medical Conditions, the Intermediate Stage Medical Conditions Benefit only waives 5 years of future premiums.

⁹

The waiver of premiums will be until the policy anniversary before the stated age.

Important 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.

PRUSelect Vantage (SGD) is an Investment-Linked Plans (ILP) which invests in fund(s) that is available under PRUSelect Vantage. Investment products are subject to investment risks including the possible loss of the principal amount invested. The performance of the PRUSelect Vantage fund(s) is not guaranteed and the value of the units and the income accruing to the units (if any) may fall or rise. Past performance is not necessarily indicative of future performance.

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.

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 policies 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 of 15 December 2023.

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

Additional Notes

PRUVantage (SGD) 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 any time without reference or notification to you.

Note: Applicable only to customers prior to 2^nd March 2023.

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PRUSelect Vantage (SGD)

What is PRUSelect Vantage (SGD)?