PRUcash max limited pay
More Flexibility with Shorter Premium Term & Yearly Cashback[1]
Haven't you always wished for a policy that gives you the flexibility to pay off your premiums in a shorter time, while having the liquidity with a Yearly CashBack[1]?
Presenting the new PRUcash max limited pay, a savings plan that provides future financial security, plus yearly access[1] to cash that you can use as you wish. A 15-year policy with a limited premium payment term of 5 years, PRUcash max limited pay provides a potentially attractive return[2] upon maturity.
Yearly CashBack[1] and lump sum pay out upon maturity:
|
 |
||||||
| Death Benefit[5] In the event of death, you can ensure that your family is still being taken care of. |
|||||||
Hassle-free application
You don't need to go for any medical check-ups when you apply for PRUcash max limited pay.
Additional coverage for more complete protection[7]
You can supplement your policy with more benefits for even better coverage. Choose from a range of supplementary benefits that complement PRUcash max limited pay.
How PRUcash max limited pay works:
Example:
Mr Lim, a non-smoker, aged 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$1,069[8] a month for the next 5 years. After the second policy anniversary, he'll start to receive a guaranteed Yearly CashBack[1] of S$2,000 (i.e. 5% of Face Value).
PRUcash max limited pay is a plan offered by Prudential Assurance Company Singapore (Pte) Limited ("Prudential Singapore") under the 6th Series.
This plan is also available in a 25-year policy with a limited premium payment term of 15 years.
Speak with your Relationship Manager today to find out more.
Mr Lim, a non-smoker, aged 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$1,069[8] a month for the next 5 years. After the second policy anniversary, he'll start to receive a guaranteed Yearly CashBack[1] of S$2,000 (i.e. 5% of Face Value).
PRUcash max limited pay is a plan offered by Prudential Assurance Company Singapore (Pte) Limited ("Prudential Singapore") under the 6th Series.
This plan is also available in a 25-year policy with a limited premium payment term of 15 years.
Speak with your Relationship Manager today to find out more.
 |
 |
More Information
To experience the privileged life:
- Call the 24-hour UOB Privilege Banking service line at 1800 355 1118 (within Singapore) /
+65 6355 1118 (outside Singapore)
- Contact Us
Footnotes:
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
| [1] | Yearly CashBack starts after the second policy anniversary. |
| [2] | Bonuses are not guaranteed and will vary according to the future experience of the participating fund. |
| [3] | For avoidance of doubt, the death benefit is not the Face Value. The Face Value is used for the calculation of the Yearly CashBack and Maturity Proceeds. |
| [4] | For accumulation of CashBack, we pay a non-guaranteed interest of 3%. The 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) as at the time of death, less any outstanding loans. |
| [6] | The illustrated values use bonus rates assuming a projected investment rate of 5.25% p.a. As bonus rates are not guaranteed, the actual benefits payable will vary according to the future experience of the participating fund. |
| [7] | Medical underwriting is required for adding supplementary benefits. |
| [8] | 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 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. |
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
Newsletter Disclaimer
Contact Us
- Call 1800 355 1118 (within Singapore) / +65 6355 1118 (outside Singapore) or leave your details here. (To qualify for UOB Privilege Banking, clients need to maintain a minimum balance of S$350,000 in deposits and/or investments with us.)
