PRUcash max limited pay

Decrease Text Size Increase Text Size Print Bookmark

Haven’t you always wished for a policy that gives you the flexibility of a shorter premium term while also offering you liquidity with a Yearly CashBack1?

Presenting the new PRUcash max limited pay, an endowment plan that provides future financial security plus yearly access1 to cash that you can use as you wish

You can sign up for PRUcash max limited pay with a premium term of 5 years and coverage for 15 years, or with a premium term of 15 years and coverage for 25 years.

BENEFITS

How it Works

Example 1 Mr. Lim, non-smoker, age 45 on his next birthday, hopes to continue
growing his assets. In addition, he would also like access to cash.
This is how PRUcash max limited pay can help Mr. Lim:

Mr. Lim needs to set aside approximately S$12,8267 per annum for the
next 5 years. After the second policy anniversary, he'll start to receive a
guaranteed Yearly CashBack1 of S$2,000 (i.e. 5% of Face Value2.)
   

This diagram is for illustrative purposes only and is not drawn to scale.
 
If Mr Lim chooses to accumulate the Yearly CashBack1, he can potentially receive up to
S$88,4934,8 at maturity.
   
   
   
Example 2 Mr Tan, non-smoker, age 45 on his next birthday, wants to plan for a
comfortable retirement by setting aside approximately S$10,9459 per
annum for the next 15 years while he is still active at work.
   

This diagram is for illustrative purposes only and is not drawn to scale.
 
If Mr Tan chooses to accumulate the Yearly CashBack1, he can potentially receive up to
S$284,5074,8 at maturity.
 
PRUcash max limited pay is a plan offered by Prudential Assurance Company
Singapore (Pte) Limited (“Prudential Singapore”) under the 7th Series.

Apply Now

Take your next step in life with us today.
Speak to a UOB Personal Banker today. 1800 222 2121

More Information

Footnotes

1 Yearly CashBack starts after the second policy anniversary.
2 The ‘Face Value’ is determined when your application for the policy is approved by Prudential Singapore. It is set out in your Certificate of Life Assurance. The Face Value is not the sum assured of your policy.
3 Bonuses are not guaranteed and will vary according to the future experience of the participating fund.
4 For the accumulation of CashBack, we pay a non-guaranteed interest of 3% p.a. This interest rate may vary and any changes will be made known to you.
5 Prudential Singapore will pay the higher of 105% of the total premiums paid (excluding premiums for supplementary benefits, if any) as at the time of death, or 101% of the surrender value (excluding CashBack and interest, if any) as at the time of death, less any outstanding loans.
6 Medical underwriting is required for adding of supplementary benefits.
7 Premium quoted is on an annual basis for a non-smoking male, age 45 on next birthday, with an annual premium of S$12,826 for 5 years and a Face Value of S$40,000. Premiums for PRUcash max limited pay, excluding supplementary benefits, are guaranteed to be at a flat rate provided premiums are paid within 30 days of the date they are due.
8 The illustrated values use bonus rates assuming a projected investment rate of 4.75% p.a. As bonus rates are not guaranteed, the actual benefits payable will vary according to the future experience of the participating fund.
9 Premium quoted is on an annual basis for a non-smoking male, age 45 next birthday, with an annual premium of approximately S$10,945 for 15 years and a Face Value of S$80,000. Premiums for PRUcash max limited pay, excluding supplementary benefits, are guaranteed to be at a flat rate provided premiums are paid within 30 days of the date they are due.


Important Notice and Disclaimers:

Buying a life insurance policy is a long term commitment. An early termination of the policy usually involves high costs and the surrender value payable (if any) may be less than the total premiums paid. Buying health insurance that is 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 marketing material is for reference only and is not a contract of assurance nor is it intended as an offer or recommendation with respect to the purchase or sale of the products stated herein. The precise terms and conditions, specific details and exclusions applicable to these insurance products stated herein are specified in the Policy Documents. The above is for general information only and does not have any regard to your specific investment objectives, financial situation and any of your particular needs. You may wish to seek advice from a financial adviser before making a commitment to purchase this product. In the event that you choose not to seek advice from a financial adviser, you should consider carefully whether this product is suitable for you. In case of inconsistency between the English and Chinese version, the English version shall apply and prevail.

United Overseas Bank Limited does not hold itself out to be an insurer, insurance broker or insurance agent. The insurance products stated herein are provided

United Overseas Bank Limited Co. Reg. No. 193500026Z
Prudential Assurance Company Singapore (Pte) Limited. Reg. No. 199002477Z





Useful Information