PRUWealth II (SGD)

1. Capital guaranteed is after 10^th year only if you purchased a PRUWealth II (SGD) policy of single premium payment term. For a policy of 5 years, 10 years and 20 years premium payment term on an annual premium payment mode, the capital guaranteed is after 15^th year, 18^th year and 20^th year respectively. This is also provided there has not been any policy alterations such as partial surrender since inception.
   
   
2. Policy matures on the policy anniversary before original primary life assured turns 100 years old.
   
   
3. Any withdrawal from a PRUWealth II (SGD) policy is a partial surrender and must be requested by the customer. Any partial surrender will result in a reduction in the long-term value of the policy. If the policy is surrendered, the surrender value payable (if any) may be less than the total premiums paid.
   
   
4. Medical check-ups or answering health-related questions may be required if the primary life assured or policy owner(s) add(s) an optional supplementary benefit; or if the total premiums for selected plans per life assured issued in the past 24 months exceeds S$5 million (or equivalent). Selected plans will be reviewed and determined by Prudential from time to time.
   
   
5. The policy continues for as long as the life assured lives and policy remains in force.
   
   
6. Upon the death of the primary life assured, the policy continues with cover on the life of the appointed secondary life assured instead, 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).
   
   
7. Appointment of secondary life assured is restricted to the policy owner’s immediate family members and is subject to acceptance by Prudential.
   
   
8. After the end of the Early Stage Premium Waiver Period, premium payment for the covered benefits will resume, but the premiums for the Early Stage Crisis Waiver will continue to be waived.
   
   
9. The second claim will waive the premium for another 5 years. This is provided the second claim is not for the same Medical Condition as the first claim, and it does not fall within the same category of the first Early Stage Medical Condition.
   
   
10. If there was a successful claim under Early Stage Medical Conditions, the Intermediate Stage Medical Conditions Benefits only waives 5 years of future premiums.
    
    
11. The Death and Criticall Illness benefit covers until the policy anniversary before you turn 85 years old, or to the end of the premium payment term of the main policy, whichever event happens first. Total and Permanent Disability coverage will expire before the policy anniversary before the person covered under Payer Security Plus turns 65 years old, or the end of the premium payment paying term of the main policy, whichever event happens first. The waiver of premiums will be until the policy anniversary before the stated age.
    
    
12. For Single Premium policy, no add-ons of additional benefit will be allowed.

You are recommended to read the product summary and seek advice from a qualified Prudential Financial Consultant for a financial analysis before purchasing a policy suitable to meet your needs.

As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or 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 of the supplementary benefits are not guaranteed and may be adjusted based on future claims experience.

The information on this website is for reference only and is not a contract of insurance. Please refer to the exact terms and conditions, specific details and exclusions applicable to these insurance products in the policy documents that can be obtained from your Prudential Financial Consultant.

The information contained on this website is intended to be valid in Singapore only and shall not be construed as an offer to sell or solicitation to buy or provision of any insurance product outside Singapore.

In case of discrepancy between the English and Mandarin versions of this website, the English version shall prevail.

These policies are protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policies is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact your insurer or visit the GIA/LIA or SDIC web-sites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).

Information is correct as at 22 Aug 2019.

This advertisement has not been reviewed by the Monetary Authority of Singapore.