Prudential PRUVantage Assure Review
The complete Pros and Cons on Prudential PRUVantage Assure
Prudential PRUVantage Assure product details
- Life Policy – Investment-linked policy
- The Wealth Assure feature locks in coverage at the highest point of your policy value, protecting you from market downturns in the event of death or accidental disability.
- Enjoy low and simplified charges for a limited number of years starting from 0.8% p.a.. Receive Welcome Bonus and 0.8% Loyalty Bonus every 8 years.
- Option to change life assured up to 3 times for individual owned policies and unlimited times for corporate owned policies.
- Option to adjust coverage, make top ups or switch between funds from the curated suite of PRULink funds.
Read About: How does Investment-Linked Policy work?
Read About: Investment-Linked Policy: Is it the best option?
Features of Prudential PRUVantage Assure 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
- Crisis Waiver III
- Early Stage Crisis Waiver
- Payer Security Plus
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 PRUVantage Assure may be suitable if you are looking for
Prudential PRUVantage Assure 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 PRUVantage PRUVantage Assure may not be suitable if you are looking for
Prudential PRUVantage Assure 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 PRUVantage Assure
- How are the investment returns of Prudential or Prudential PRUVantage Assure based on historical performance?
- How good is Prudential PRUVantage Assure compared to Investment Linked Policy from other insurance companies?
- Can Prudential PRUVantage Assure fulfil my financial insurance, health and protection needs?
The above information may not fully highlight all the product details and features on Prudential PRUVantage Assure. Talk to us or seek advice from a financial adviser before making any decision about Prudential PRUVantage Assure.
Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.
Is Prudential PRUVantage Assure 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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