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How PRUsave limited pay works – if you’re saving for retirement... Mr. Tan (age 45 on his next birthday, non-smoker) is planning for his retirement when he reaches 60. He is able to set aside an annual premium of S$12,322 14 for the next 5 years, wishes to have a policy term of 15 years and plans to receive his maturity payout in one lump sum. Policy Term Annual Premium Projected Amount Receivable at Maturity (Years) (Payable for 5 years) Guaranteed Non-Guaranteed 10 Total 10 15 S$12,322 (S$34 a day) 11 S$63,500 S$30,477 S$93,977 At the end of 15 years, the total projected maturity benefit is S$93,977 10 . And for as little as S$0.56 11,15 a day, Mr. Tan can add Crisis Waiver III to his PRUsave limited pay policy that ensures his retirement plan will not be jeopardised, should he be diagnosed with any of the 35 listed Critical Illnesses. Call your Prudential Financial Consultant or our PruCustomer Line at 1800 333 0333 today, or visit www.prudential.com.sg
Footnotes: 1. Policy provides coverage against Terminal Illness and Total and Permanent Disability during the term of the policy, and before the anniversary of the policy on which the Life Assured will attain the age of 65. We will pay for either Terminal Illness or Total and Permanent Disability benefit, but not both. 2. Bonuses are not guaranteed and will vary according to the future performance of the participating fund. 3. This benefit is only applicable to PRUsave limited pay policy purchased on standard terms. The sum assured for the new policy at each life event cannot be more than 25% of the original sum assured or S$150,000, whichever is lower. The option to purchase a new policy can only be exercised twice in the lifetime of the Life Assured. The maximum additional cover for these two life events can only be up to 50% of the original sum assured or S$300,000, whichever is lower. 4. This benefit is only applicable to PRUsave limited pay policy purchased on your child on standard terms. The sum assured for the new policy can be up to the amount equal to the sum assured of the Death Benefit in PRUsave limited pay policy increased at a compounded rate of 5% for each year the customer held the PRUsave limited pay policy. However, the maximum sum assured is limited to S$300,000 per life. 5. Optional benefits of Medical Reimbursement III and Weekly Income III can be added to Comprehensive Personal Accident III. 6. Subject to terms and conditions, Max Protection Multiplier pays out in the event of Death, Accidental Death or Total and Permanent Disability. 7. Upon diagnosis of Early or Intermediate Stage Medical Conditions, the future premiums of the covered benefits will be waived for 5 years or 10 years respectively, or the remaining premium payment term, whichever is shorter. The maximum premium waiver period is 10 years, after which the benefit terminates and premium payment for the covered benefits resumes. 8. Future premiums of the covered benefits are waived up to age 85 or until the end of the premium payment term, whichever is earlier. 9. Premium quoted is based on a non-smoking male, age 1 next birthday, with a PRUsave limited pay plan (10/20 year payment term) with a sum assured of S$65,000.
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