Prudential PRUlife Limited Pay Review
The complete Pros and Cons on Prudential PRUlife Limited Pay
Prudential PRUlife Limited Pay has been discontinued. For further information and details about this plan, fill up the form below and let us advise you accordingly.
Prudential PRUlife limited pay product details
- Life policy – Whole Life Policy
- A with-profits whole of life plan with limited premium payment term
- Flexible premium payment term of 10, 15 or 25 years
- Provides lifetime financial protection against Death, Terminal illness, and Total and Permanent Disability
- Buy a new plan without underwriting upon significant events in life
Prudential PRU life limited pay is a common search alternative for Prudential PRUlife limited pay.
Read About: Whole Life Policy: How does it work?
In-depth Review: 3 Best Whole Life Plans in Singapore for Insurance Coverages (2023 Edition)
Features of Prudential PRUlife limited pay 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: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No
Optional Add-on Riders
Early Stage Crisis Waiver
Crisis Waiver III
Early Payer Security
Payer Security III / Payer Security Plus
Additional Features and Benefits
Yes.
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Prudential PRUlife limited pay may be suitable if you are looking for
Prudential PRUlife limited pay may potentially be a good fit if the following matters to you:
- Higher protection for Death and Terminal Illness coverage at an affordable premium.
- Higher 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.
- Accumulating cash value in the policy for financial returns in the long-term.
- Paying premiums only for a limited number of years and enjoying coverage for a lifetime.
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Prudential PRUlife limited pay may not be suitable if you are looking for
Prudential PRUlife limited pay 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)
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Further considerations on Prudential PRUlife limited pay
- How is Prudential or Prudential PRUlife limited pay investment returns based on historical performance?
- How does Prudential PRUlife limited pay compare with Whole Life Policy from other insurance companies?
- Can Prudential PRUlife limited pay fulfil my financial insurance, health and protection needs?
The above information may not fully highlight all the product details and features on Prudential PRUlife limited pay. Talk to us or seek advice from a financial adviser before making any decision about Prudential PRUlife limited pay.
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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 products features, benefits and payout 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.
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