Prudential PRUWealth II SGD Review

Prudential PRUWealth II SGD is an endowment insurance policy that lets you grow your savings up to 100 years old with coverage against Death with a single premium option.

Prudential PRUWealth II SGD product details

• Life policy – Endowment and Saving policy
• Policy Term
  • Let your savings grow up to 100 years old
• Premium Payment
  • Choose to pay a single premium or regular payment terms of 5, 10 or 20 years
• Capital Guaranteed
  • You will receive at least 100% of your premiums paid back
    • Single premium; after 10th year
    • 5-year premium; after 15th year
    • 10-year premium; after 18th year
    • 20-year premium; after 20th year
• Withdrawal Benefit
  • You can choose to let your savings grow or withdraw them for key milestones
• Policy Continuity
  • You can assign a secondary life assured to whom which your policy will be transferred to in the event of your death
• Death Benefit
  • Be covered against Death for 105% of all premiums paid or 101% of surrender value, whichever is higher
• Hassle-free Application
  • Enjoy guaranteed acceptance with no health checks or questions asked
    
    

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Features of Prudential PRUWealth II SGD at a glance

Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: Yes

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

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

Optional Add-on Riders
Crisis Waiver III
Early Stage Crisis Waiver
Payer Security Plus

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.

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Prudential PRUWealth II SGD may be suitable if you are looking for

Prudential PRUWealth II SGD may potentially be a good fit if the following matters to you:

• A hassle-free application without medical underwriting
• Short to medium term endowment and savings plan
• To saving regularly over a period of time
• To potentially generate higher financial returns compared to bank accounts
  
  

Prudential PRUWealth II SGD may not be suitable if you are looking for

Prudential PRUWealth II SGD may potentially be a bad fit if the following matters to you:

• Liquidity or flexibility of withdrawal in your Insurance policy.
• Health and Protection coverage
• High insurance coverage for Death or Terminal Illness
• Insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
• Lifetime regular cash payout
• A one-time premium commitment with no further cash commitment
• Potentially higher financial returns compared to a pure investment product.
• Insurance policy with a high surrender value in the early years of the policy.

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Further considerations on Prudential PRUWealth II SGD

• How is Prudential or Prudential PRUWealth II SGD investment returns based on historical performance?
• How does Prudential PRUWealth II SGD compare with endowment policies from other insurance companies?
• Can Prudential PRUWealth II SGD fulfill my financial, insurance, health, and protection needs?
  
  

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

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

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Is Prudential PRUWealth II SGD suitable for me?