Prudential PRUEasy Rewards Review
The complete Pros and Cons on Prudential PRUEasy Rewards
Prudential PRUEasy Rewards is an endowment insurance policy with a maturity date on the 10th year with only 3 annual premiums payable with coverage against Death.
Prudential PRUEasy Rewards product details
- Life policy – Endowment and Saving policy
- Premium Payment
- Pay 3 annual premiums only
- Policy Term
- Policy matures on the 10th year
- Capital Guaranteed
- You will receive at least 100% of all premiums paid upon policy maturity
- Death Benefit
- Be covered against Death for 105% of total premiums paid or 101% of surrender value, whichever is higher
Read about: Endowment and Saving policy: How does it work?
Read about: Endowment and Saving policy: Is it the best option?
Features of Prudential PRUEasy Rewards at a glance
Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: No
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
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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Read about: Where do I start with financial planning
Prudential PRUEasy Rewards may be suitable if you are looking for
Prudential PRUEasy Rewards 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 PRUEasy Rewards may not be suitable if you are looking for
Prudential PRUEasy Rewards 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.
Read About: How can I accumulate a million dollar (Realistically)
Further considerations on Prudential PRUEasy Rewards
- How is Prudential or Prudential PRUEasy Rewards investment returns based on historical performance?
- How does Prudential PRUEasy Rewards compare with Endowment policy from other insurance companies?
- Can Prudential PRUEasy Rewards fulfill my financial, insurance, health, and protection needs?
The above information may not fully highlight all the product details and features on Prudential PRUEasy Rewards. Talk to us or seek advice from a financial adviser before making any decision about Prudential PRUEasy Rewards.
Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.
Read about: How can I accumulate a million dollar (Realistically)
Read About: 3 best Savings plans and endowment policies in Singapore (updated Jan 2023)
Where can I compare the payout and benefits of saving plans and endowment policies?
Before committing to an 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?
Use our Compare NOW feature to receive the most competitive quotes on saving plans and endowment policies.
Alternatively, you just need to provide us with a couple of details below.
Is Prudential PRUEasy Rewards suitable for me?
Contact InterestGuru using the form below. Our panel of licensed financial advisers will advise accordingly, based on your financial profile and protection needs.
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