PRUlink supergrowth account
UOB is pleased to announce an alliance with Prudential Corporation Asia (Prudential), one of the largest life insurers in Singapore and Indonesia. As a UOB Privilege Banking client in Asia, you can now enjoy access to Prudential’s wide array of insurance products, including the PRUlink supergrowth account, an investment-linked insurance policy designed to help your investment dollars reach their potential.
An investment that potentially helps your wealth grow
PRUlink supergrowth account is a single-premium investment-linked insurance plan that gives you the flexibility to invest your money in a wide selection of investment funds, all within one single plan. You can enjoy potentially higher investment gains while being protected.
So many ways to potentially grow your wealth
PRUlink supergrowth account gives you the freedom to invest using funds[1] from your CPF Ordinary Account (CPPIS-0A), CPF Special Account (CPFIS-SA), Supplementary Retirement Scheme (SRS) or cash so you can potentially make the most out of your wealth.
Lower investment costs
When you invest, you will pay a net sales charge of only 3%[2], allowing you to maximise the potential returns on your investments.
Greater flexibility and control
You can top-up[3] your policy at any time to take advantage of any investment opportunities that may arise. You can also withdraw[4] cash from your account at any time, without incurring any penalty.
Wide selection of funds
Whether you’re an investor with a high-risk appetite or a cautious investment approach, enjoy access to a diversified selection of funds across asset classes, throughout the world. You can also switch[5] from one PRUlink fund to another PRUlink fund to match your changing investment objectives as many times as you wish, absolutely free!
Hassle-free protection
You will enjoy a life protection benefit of 110% of the invested capital less withdrawals or the value of your funds at bid price, whichever is higher, without any hassle.
For more information, please speak to your UOB Relationship Manager.
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More Information
- Call the 24-hour Privilege Banking service line at 1800 355 1118 (within Singapore) / +65 6355 1118
(outside Singapore) - Contact Us
[1] Starts with a minimum premium of S$5,000.
[2] The net sales charge of 3% of your single premium comprises the initial investment charge (bid-offer spread) of 5% and the allocation rate of 102.11% of your premium. Please refer to the product summary for an example of how net sales charge is calculated.
[3] The minimum premium for top-up is S$2,000. Top-ups are allowed at any time within the permissible age limits.
[4] The minimum withdrawal amount is S$1,000. The remaining units in your Account must be worth at least S$1,000 based on the bid price at the time of the withdrawal. If not, you will not be able to make a partial withdrawal. The sum assured will be reduced proportionately on withdrawals.
[5] Subject to availability of other PRUlink funds. The minimum amount to switch out of a PRUlink fund is S$1,000. The remaining units in the PRUlink fund that you are switching out from must be worth at least S$1,000 based on bid price at the time the switch is carried out. If not, you must switch all the units out of the PRUlink fund.
Important Notice And Disclaimers
Investments are subject to investment risks including the possible loss of the principal amount invested. The value of the units may fall as well as rise. Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high cost and the surrender value payable may be less than the total premiums paid.
Varying Continuing Investment Charge applies to the respective PRUlink funds. Details (including fees and charges, and specific risks) of the PRUlink fund can be found in the Fund Information Booklet.
This insurance plan is not a bank’s savings or fixed deposit account. 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. 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) Ltd.
Prudential Assurance Company Singapore (Pte) Limited Reg. No. 199002477Z
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