Prudential PRULink InvestGrowth Review
The complete Pros and Cons on Prudential PRULink InvestGrowth
Prudential PRULink InvestGrowth product details
- Life Policy – Investment-linked policy
- Available in single premium and recurrent single premium (RSP) payment options.
- Invest with your funds using CPF-Ordinary Account, CPF-Special Account, Supplementary Retirement Scheme(SRS) or cash.
- Make top-ups at any time, withdrawals without penalty or adjust your RSP amount as your needs change.
- Investments made via CPF enjoy 0% premium charge while investments via SRS or cash have a 3% premium charge.
- No medical checks needed
Read About: How does Investment-Linked Policy work?
Read About: Investment-Linked Policy: Is it the best option?
Features of Prudential PRULink InvestGrowth at a glance
Cash and Cash Withdrawal Benefits
Cash value: Yes
Cash withdrawal benefits: Yes
Health and Insurance Coverage
Death: Yes
Total Permanent Disability: No
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
N.A.
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.
Related: Insurance Portfolio
Read About: Effects of compounding returns on your investments
Prudential PRULink InvestGrowth may be suitable if you are looking for
Prudential PRULink InvestGrowth may potentially be a good fit if the following matters to you:
- 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 compare to traditional Endowment and Whole Life Policy.
Prudential PRULink InvestGrowth may not be suitable if you are looking for
Prudential PRULink InvestGrowth may potentially be a bad 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.
- Life-long health and protection coverage due to increasing mortality charges.
- Guaranteed financial returns in the long-run.
- Insurance policy with a high surrender value in the early years of the policy.
- Expecting an urgent need for withdrawal during a financial market downturn.
Further considerations on Prudential PRULink InvestGrowth
- How are the investment returns of Prudential or Prudential PRULink InvestGrowth based on historical performance?
- How good is Prudential PRULink InvestGrowth compared to Investment Linked Policy from other insurance companies?
- Can Prudential PRULink InvestGrowth fulfil my financial insurance, health and protection needs?
The above information may not fully highlight all the product details and features on Prudential PRULink InvestGrowth. Talk to us or seek advice from a financial adviser before making any decision about Prudential PRULink InvestGrowth.
Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.
Is Prudential PRULink InvestGrowth suitable for me?
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