Prudential PRUfirst Education Review
The complete Pros and Cons on Prudential PRUfirst Education
Prudential PRUfirst Education has been discontinued. For further information and details about this plan, fill up the form below and let us advise you accordingly.
Prudential PRUfirst education product details
- Life policy – Endowment and Saving policy
- Provides you with guaranteed Cash Benefit in the last two years before your policy matures. These payouts can be used to fund your child’s education, flight and living expenses
- Flexibility to leave these guaranteed Cash Benefit to enjoy annual interest on the accumulated guaranteed Cash Benefit for higher returns
- Receive your Maturity Benefit in a lump sum when the policy matures
- Flexible policy terms that cater to your financial needs – comes with policy terms starting from 13 to 24 years, so you can choose a term that best suits your goals for your child’s education needs
- Choice of premium payment terms of 5, 10 or 15 years and save at the pace you are comfortable with
- Coverage against the unforeseen – covers your child against death, Terminal Illness, and Total and Permanent Disability during the policy term
- Continued coverage for your child – your child can buy a new policy on maturity without the need for any medical underwriting
Prudential PRU first education is a common search alternative for Prudential PRU first education.
Read About: Endowment and Saving policy: How does it work?
Read About: Endowment and Saving policy: Is it the best option?
Features of Prudential PRUfirst education at a glance
Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: Yes
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: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No
Optional Add-on Riders
Early Payer Security
Payer Security III/Payer Security Plus
Additional Features and Benefits
Yes.
Read About: Effects of compounding returns
Read About: 3 things to consider before taking up a new financial product
Prudential PRUfirst education may be suitable if you are looking for
Prudential PRUfirst education may potentially be a good fit if the following matters to you:
- Liquidity or flexibility of withdrawal in your Insurance policy.
- 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 PRUfirst education may not be suitable if you are looking for
Prudential PRUfirst education may potentially be a bad fit if the following matters to you:
- 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.
Further considerations on Prudential PRUfirst education
- How is Prudential or Prudential PRUfirst education investment returns based on historical performance?
- How does Prudential PRUfirst education compare with Endowment policy from other insurance companies?
- Can Prudential PRUfirst education fulfil my financial, insurance, health and protection needs?
The above information may not fully highlight all the product details and features on Prudential PRUfirst education. Talk to us or seek advice from a financial adviser before making any decision about Prudential PRUfirst education.
Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.
Is Prudential PRUfirst education 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.
All financial reviews and proposals provided are 100% free of charge. There will be no obligation to take up any proposed financial products or services in any way.
*For a limited time, get attractive incentives when you take up any products that is proposed by our team of financial planners.
We compare quotations head to head on all leading insurers in Singapore
Contact Form
