Prudential PRUActive Life III Review

Prudential PRUActive Life III is a customisable whole-of-life insurance plan designed for your growing needs, providing comprehensive protection at every stage.

Prudential PRUActive Life III product details

• Life policy – Whole Life Policy
• Pay premiums from 5 to 35 years.
• Whole-of-life plan that gives you multiplied assurance when you need it most.
• Comprehensive protection against Death, Terminal Illness and Total and Permanent Disability.
• Defer your premium payment, interest-free for up to 2 years without disrupting your coverage.
• Boost your coverage up to 5 times until the age of 80 years, covering Death, Terminal Illness, Total and Permanent Disability.
• Ease your financial burden in difficult times with a 1 year premium waiver.
• Additional 10% coverage when your immediate family member purchases a PRUActive Life III plan.
  
  

Read About: Whole Life Policy: How does it work?

In-depth Review: 3 Best Whole Life Plans in Singapore for Insurance Coverages (Updated)

Features of Prudential PRUActive Life III at a glance

Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: No

Health and Insurance Coverage
Death: Yes
Total Permanent Disability: Yes
Terminal Illness: Yes
Critical Illness: No
Early Critical Illness: No

Health and Insurance Coverage Multiplier
Death: Yes
Total Permanent Disability: Yes
Terminal Illness: Yes
Critical Illness: No
Early Critical Illness: No

Optional Add-on Riders
Early Crisis Care
Crisis Care

Additional Features and Benefits
Yes.

For further information and details, refer to Prudential website. Alternatively, fill-up the form below and let us advise accordingly.

Read About: Effects of compounding returns on your savings

Read About: 3 things to consider before taking up a new financial product

Prudential PRUActive Life III may be suitable if you are looking for

Prudential PRUActive Life III may potentially be a good fit if the following matters to you:

• Initial high protection for Death and Terminal Illness coverage at an affordable premium.
• Initial high Early Critical Illness, Critical Illness and Total Permanent Disability coverage in an Insurance Policy.
• Health and Protection coverage due to a shortfall in your Insurance Portfolio.
• To participate in the long-term financial returns of investing.
• Liquidity or flexibility of withdrawal in your Insurance policy.
• Able to take investment risks and comfortable with financial market volatility.
• Potentially higher financial returns compared to traditional Endowment and Whole Life Policy.
  
  

Read About: How much insurance coverage do you really need in Singapore *NEW*

In-depth Review: Term insurance vs Whole Life insurance – Which is better for you?

Prudential PRUActive Life III may not be suitable if you are looking for

Prudential PRUActive Life III may potentially be a bad fit if the following matters to you:

• Liquidity or flexibility of withdrawal in your Insurance policy.
• Access to cash from your policy on a regular basis.
• Insurance policy with a high surrender value in the early years of the policy.
• Potentially higher financial returns compared to a pure investment product.
  
  

In-depth Review: 3 Best Endowment Savings Plans in Singapore with Lifetime Wealth Accumulation (Updated)

In-depth Review: 6 Best Investment Linked Policies in Singapore for Wealth Accumulation (Updated)

Further considerations on Prudential PRUActive Life III

• How are the investment returns of Prudential or Prudential PRUActive Life III based on historical performance?
• How good is Prudential PRUActive Life III compared to Whole Life policies from other insurance companies?
• Can Prudential PRUActive Life III fulfill my financial insurance, health and protection needs?
  
  

The above information may not fully highlight all the product details and features on Prudential PRUActive Life III. Talk to us or seek advice from a financial adviser before making any decision about Prudential PRUActive Life III.

Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.

Read About: Where do I start with financial planning?

Is Prudential PRUActive Life III suitable for me?