PRUwealth

Grow your savings, surely and securely

In this environment of rising costs and inflationary pressures, wouldn't it be ideal if your savings continue to earn healthy returns and counter the impact of inflation in the long term?

PRUwealth allows you to do just that¹. PRUwealth ensures that your capital remains intact in the long term after the 20th year¹, while giving you potentially higher returns. Best of all, you will see real growth in your PRUwealth plan without having to worry about market volatility¹.

key benefits

Potential higher returns over a longer term
- PRUwealth can be held up till you are 100 years old². By doing so, you enjoy a potentially higher return³ with the accumulated funds.
Financial flexibility at every life stage
- PRUwealth allows wealth accumulation over a longer horizon and, should the need arise, gives you the option to withdraw⁴ your money. This gives you the flexibility of using your money to fund key milestones in your life – whether it's for an important celebration or a well-deserved family holiday.
Adapts to your financial planning with choice of premium payment terms
- Choose to save with premium payment terms of 5, 10 or 20 years, based on one that suits you best.
Allows for policy continuity
- With PRUwealth, you have the option to appoint your loved one as a secondary life assured⁵, so should the unforeseen occur, the appointed secondary life assured can help to continue wealth accumulation⁶ to give your next generation a head start in their future endeavours.
Fuss-free sign up⁷
- PRUwealth is a plan that does not require medical underwriting procedures. This makes application a breeze.
Life protection for your family
- You can rest assured knowing that your loved ones are taken care of because PRUwealth provides them with a payout⁸ of the Death Benefit should something untoward happen to you.
Higher projected returns¹¹
- PRUwealth provides a potentially higher return over the long term on your premiums paid, allowing you to grow your wealth like never before.
Enhance your plan for greater coverage
- You can ensure that you and your family are covered extensively by including additional supplementary benefits¹² such as Comprehensive Personal Accident III, Early Stage Crisis Waiver, Crisis Waiver III, Early Payer Security or Payer Security III / Payer Security Plus.

How it works

How PRUwealth works:
Mr Tan (male, non-smoker), age 40 next birthday, wants to start a long-term insurance savings plan by setting aside S$5,000 per year for 10 years¹⁰, and also wants to have the option of withdrawing⁴, some portion of his money whenever there is a need.

Scenario 1:

How PRUwealth works if Mr Tan plans to save on a long-term basis
Mr Tan chooses to accumulate his savings without making any withdrawals, so he could have more when he decides to surrender his policy at a later age. He will get S$127,786⁹ (more than 2X of his premiums paid) at age 70, S$159,865⁹ (more than 3X of his premiums paid) at age 75, or S$236,574⁹ (more than 4X of his premiums paid) at age 85 when he chooses to surrender the plan.

Scenario 2:

How PRUwealth works if Mr Tan plans to withdraw from his policy
At age 62, Mr Tan plans to withdraw S$30,000 to celebrate the start of his retirement by taking up a dream hobby. At age 70, he decides to withdraw another S$20,000 as a gift for his newborn grandson. He then decides to surrender his policy at age 85 so that he can pass his savings to his loved ones, and the surrender value for his policy will be S$123,761⁹.

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PRUwealth

How the Par Fund Works

Footnotes:

This is provided there has not been any policy alterations such as partial surrender since inception.
Policy matures on the policy anniversary before original primary life assured turns 100 years old.
The maturity benefit, comprising face value plus bonuses (if any), less any amount owing, is payable in lump sum upon maturity. Bonuses are not guaranteed and will vary according to the future performance of the participating fund.
Any withdrawal will result in a reduction in the long term value of your policy. If you surrender the policy, the surrender value payable (if any) may be less than the total premiums paid.
Appointment of secondary life assured is restricted to the policy owner's immediate family members and is subject to acceptance by Prudential.
Upon the death of the primary life assured, the policy continues to cover the life of the appointed secondary life assured, and no death benefit will be payable. Any supplementary benefits attached will be terminated upon the death of the primary life assured. There will be no changes to the original premium payment term or policy term, and premium payment for the policy continues (if applicable).
If the primary life assured or policy owner adds an optional supplementary benefit, medical check-ups or answering health-related questions may be required.
Payout of Death Benefit only takes place if there is no appointment of a secondary life assured.
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 performance of the participating fund.
Premium quoted is on an annual basis for a non-smoking male, age 40 next birthday, with a Face Value of $52,100.
Assuming a projected bonus rate of 4.75% p.a.. Bonus rates are not guaranteed and the actual benefits payable will vary according to the future performance of the participating fund.
Other supplementary benefits are available for this plan.

Important Notice & 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 products that are not suitable for you may impact your ability to finance your future healthcare needs. Premiums for some 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 respective 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 are recommended to read the policy documents and to seek advice from a financial adviser with regards to your specific investment objectives, financial situation and any of your particular needs before making a commitment to purchase any insurance products. In the event that you choose not to seek advice from a financial adviser, you should consider carefully whether any of the insurance products is/are 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 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
Information is correct as at 4 August 2016.