PRUWealth Income II (USD)

¹

Monthly income is made up of guaranteed and non-guaranteed cash benefit that is computed based on a percentage of face value. The face value is a notional value used to determine the guaranteed cash benefit, the non-guaranteed cash benefit and performance bonus (non-guaranteed).

²

Figure shown is computed based on a percentage of face value and illustration investment rate of return of the participating fund at 6.10% p.a. At 4.25% p.a. illustration investment rate of return, the monthly income from the policy year 4 will be 1.95% p.a. and increase to 2.88% p.a. from the policy year 6 onwards. In the case where monthly income increase is deferred from policy year 6 to 11, the monthly income from policy year 11 onwards will be 3.276% p.a. 

³

Interest rate is not guaranteed and is subject to change.

⁴

Upon change of Life Assured or Wealth Share, the policy, including any sub-policies created, will end upon the original Life Assured reaches 380 years of age.

⁵

Only allowed after premium payment term and applicable before the original Life Assured reaches 380 years of age.

⁶

Change of Life Assured is only allowed after premium payment term and is subject to insurable interest with current policyowner(s), with acceptance by Prudential.

⁷

Only allowed after two years from policy inception.

⁸

Appointment of Secondary Life Assured is subjected to insurable interest with original policy owner(s) and acceptance by Prudential.

⁹

Upon death of the Life Assured, we pay the higher of: (a) 101% of the total premiums paid (but not premiums for supplementary benefits, if any), as at the time of death, or (b) 101% of the surrender value as at the time of death, less any amounts owing to us. Upon accidental death of the Life Assured, we pay the higher of: (a) 105% of the total premiums paid (but not premiums for supplementary benefits, if any), as at the time of death, or (b) 101% of the surrender value as at the time of death, less any amounts owing to us. Any cash benefit left with us will be paid together with the death benefit.

¹⁰

Only applicable during the premium payment term (for 5-year and 8-year premium payment term) or the first 5 policy years (for 3-year premium payment term) and prior to the policy anniversary immediately before your 65 years of age. This benefit will be terminated after the retrenchment benefit is paid out. The retrenchment benefit payment amount is subject to a maximum of S$100,000 for each policyowner, across all policies owned by them, that have a retrenchment benefit.

¹¹

Only available for 5 and 8 premium payment term.

¹²

The death, total and permanent disability and critical illness waiver coverage will expire before the policy anniversary before the person covered under Payer Security (USD) turns 60 years old, or the Life Assured turns 25 years old, or to the end of the premium payment term of the main policy, whichever event happens first. The waiver of premiums will be until the policy anniversary before the stated age.