PRUmortgage

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For that reassuring sense of security
Aspirations of home ownership these days don’t come easy. And whether you have dreams of getting a HDB apartment, a condominium, or a bungalow, your plans for a family nest should not be made any harder by unexpected twists of fate.

PRUmortgage is an attractive plan that can cover either you, your spouse or both at the same time1. So even if misfortune strikes either of you, the other can still take care of the family, while we take care of your outstanding home loan*.

More specifically, PRUmortgage offers financial protection against Death, Total and Permanent Disability and Terminal Illness2, for a period you choose, for the repayment of a housing loan*.


To find out more, speak to a UOB Personal Banker today at your nearest UOB Group Branch.

 

More Information

Notes

1 For joint life PRUmortgage policy, the benefits will be payable if either one of the two Life Assureds (first occurrence only) dies, becomes totally and permanently disabled or suffers terminal illness during the term of the policy. If both Life Assureds either die, become totally and permanently disabled or suffer terminal illness at the same time, we pay only for the first life assured (not both) named on the Certificate of Life Assurance. Please refer to the policy for specific details.
2 Policy provides coverage against Terminal Illness (“TI”) and Total and Permanent Disability (“TPD”) during the term of the policy, and before the anniversary of the policy on which the Life Assured will attain the age of 65. The Life Assured cannot claim for both TI and TPD.
3 Guaranteed premium quoted is on an annual basis for a non-smoking male, age 35 next birthday, for a PRUmortgage policy.
4 Guaranteed premium quoted is on an annual basis for a non-smoking female, age 32 next birthday, for a PRUmortgage policy.
5 Non-guaranteed premium quoted is on an annual basis for a non-smoking male, age 35 next birthday for a Crisis Waiver III supplementary benefit.
6 Non-guaranteed premium quoted is on an annual basis for a non-smoking female, age 32 next birthday, for a Crisis Waiver III supplementary benefit.
7 Guaranteed premium quoted is on an annual basis for a non-smoking male, age 35 next birthday and a non-smoking female, age 32 next birthday, for a PRUmortgage policy.
8 Non-guaranteed premium quoted is on an annual basis for a non-smoking male, age 35 next birthday and a non-smoking female, age 32 next birthday, for a Crisis Waiver III supplementary benefit.
9 Please refer to the policy for the list of 30 specified critical illnesses.
* The amount payable is dependent on the amount of sum assured at the point of death, TPD and TI, and may not necessarily cover the full outstanding loan.

Information correct as at 1 February 2011

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. This marketing material is not a contract of assurance nor is it intended as an offer or recommendation with respect to the purchase or sale of the above product. Acceptance of the proposal is subject to underwriting. The precise terms and conditions of the above product are specified in the policy. 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 versions, 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 and services stated herein are provided by Prudential Assurance Company Singapore (Pte) Limited.

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





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