Prudential PRUlifetime Income Review
The complete Pros and Cons on Prudential PRUlifetime Income
Prudential PRUlifetime Income has been discontinued. For further information and details about this plan, fill up the form below and let us advise you accordingly.
Prudential PRUlifetime income product details
- Life policy – Annuity
- Supplement your retirement or financial needs with a lifetime of regular income from the 2nd policy anniversary
- Transfer your wealth to the next generations
- Choose to enjoy your yearly Cash Benefit payout or accumulate it to earn higher returns
- Coverage for death or disability arising from an accident
- Choice to pay your premiums in 4, 10 or 20-year premium payment term
- Hassle-free sign-up with no medical underwriting needed
- Enhance your plan for greater coverage with these supplementary benefits
Prudential PRU life time income is a common search alternative for Prudential PRUlifetime income.
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Features of Prudential PRUlifetime income 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: 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
NA
Additional Features and Benefits
Yes.
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Prudential PRUlifetime income may be suitable if you are looking for
Prudential PRUlifetime income may potentially be a good fit if the following matters to you:
- Lifetime regular cash payout
- Saving regularly over a period of time
- Insurance options without medical underwriting
- Do not need access to the funds until retirement
- To potentially generate higher financial returns compared to bank accounts
Prudential PRUlifetime income may not be suitable if you are looking for
Prudential PRUlifetime income 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
- Lump sum payout upon maturity
- 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 PRUlifetime income
- How is Prudential or Prudential PRUlifetime income investment returns based on historical performance?
- How does Prudential PRUlifetime income compare with Endowment policy from other insurance companies?
- Can Prudential PRUlifetime income fulfil my financial, insurance, health and protection needs?
The above information may not fully highlight all the product details and features on Prudential PRUlifetime income. Talk to us or seek advice from a financial adviser before making any decision about Prudential PRUlifetime income.
Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.
Where can I compare the payout and benefits of retirement plans and annuity policies?
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It is too late to regret once you have made your financial commitment. Specific products features, benefits and payout will differ more than you think across insurance companies.
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Is Prudential PRUlifetime income suitable for me?
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