Prudential PRUActive Life II Review
The complete Pros and Cons on Prudential PRUActive Life II
Prudential PRUActive Life II is a whole life plan that offers a rider that protects you up to 5x the Sum Assured against Death, Total and Permanent Disability, Terminal Illness, and Critical Illness.
Prudential PRUActive Life II product details
- Life policy – Whole Life Policy
- Coverage
- Be covered against Death, Total and Permanent Disability, Terminal Illness, and Critical Illness
- Premium Payment
- Choose to pay premiums for 5 to 35 years
- Multiplier Benefit
- You can choose to boost your coverage 2x, 3x, 4x or 5x to cover against Death, Terminal Illness, Total and Permanent Disability, and Critical Illness up to age 65, 70, 75 or 80
- Crisis Care Accelerator Benefit
- Receive a payout upon undergoing surgery of any vital organ due to an illness or accident requiring ICU stay
- Critical Illness Coverage Customization
- You can customize your coverage for Critical Illness and Death so that the Death benefit applies even after claiming for Critical Illness
- Early Crisis Care
- Optional add-on for additional Early and Intermediate Stage Critical Illnesses and Special Benefits
- Kinship Booster Benefit
- When your immediate family member purchases a PRUActive Life II plan, you’ll receive an additional 10% coverage
Read About: Whole Life Policy: How does it work?
In-depth Review: 4 Best Whole Life Plans in Singapore for Insurance Coverages (2023 Edition)
Features of Prudential PRUActive Life II 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: Yes
Early Critical Illness: Yes
Health and Insurance Coverage Multiplier
Death: Yes
Total Permanent Disability: Yes
Terminal Illness: Yes
Critical Illness: Yes
Early Critical Illness: Yes
Optional Add-on Riders
Early Crisis Care (PRUActive Life II)
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 PRUActive Life II may be suitable if you are looking for
Prudential PRUActive Life II 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.
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Prudential PRUActive Life II may not be suitable if you are looking for
Prudential PRUActive Life II 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 (2023 Edition)
In-depth Review: 3 Best Investment Linked Policies in Singapore for Wealth Accumulation (2023 Edition)
Further considerations on Prudential PRUActive Life II
- How are the investment returns of Prudential or Prudential PRUActive Life II based on historical performance?
- How good is Prudential PRUActive Life II compared to Whole Life policies from other insurance companies?
- Can Prudential PRUActive Life II 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 II. Talk to us or seek advice from a financial adviser before making any decision about Prudential PRUActive Life II.
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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Compare before you commit
Before committing to a whole life insurance policy, it certainly pays to make an effort to compare. Specific product features, benefits, and payouts will differ more than you think across insurance companies.
Why regret only years later, when you find out that you are not getting the best insurance policy available for the premium paid?
Even worse, to know you can compare whole life insurance plans here, 100% free of charges on the InterestGuru.sg platform.
Is Prudential PRUActive Life II suitable for me?
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Pay for what you need in a whole life plan!
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Step 1: Getting to know you…
Let's start with a brief introduction of your personal profile. Please note that your current age and gender affects the insurance premium payable for your whole life plan.
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