Prudential PRUWealth III Review

Prudential PRUWealth III has been discontinued and replaced with Prudential PRUWealth Plus. For further information and details about this plan, fill up the form below and let us advise you accordingly.

Prudential PRUWealth III product details

• Life policy – Endowment and Saving policy
• Policy Term
  • Let your savings grow up to 100 years old
• Premium Payment
  • Choose to pay a single premium or regular payment terms of 5, 10, 15 or 20 years
• Capital Guarantee
  • You will receive at least 100% of your premiums paid back
    • Single premium; after 15th year
    • 5-year premium; after 18th year
    • 10-year premium; after 19th year
    • 20-year premium; after 20th year
• Withdrawal Benefit
  • You can choose to let your savings grow or withdraw them for key milestones
• Policy Continuity
  • You can assign a secondary life assured to carry on the policy in event of you or your partner’s passing
• Insurance Coverage
  • Be covered against Death for 105% of all premiums paid or 101% of surrender value, whichever is higher
• Hassle-free Application
  • Enjoy guaranteed acceptance with no health checks or questions asked

Read about: Endowment and Saving policy: How does it work?

Read about: Endowment and Saving policy: Is it the best option?

Features of Prudential PRUWealth III 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: 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

• Crisis Waiver III
• Early Stage Crisis Waiver
• Payer Security Plus

Additional Features and Benefits

Yes

Read about: Effects of compounding returns on your saving

Read about: Where do I start with financial planning

Prudential PRUWealth III may be suitable if you are looking for

Prudential PRUWealth III may potentially be a good fit if the following matters to you:

• 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 PRUWealth III may not be suitable if you are looking for

Prudential PRUWealth III may potentially be a bad fit if the following matters to you:

• Liquidity or flexibility of withdrawal in your Insurance policy.
• 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.

Read About: How can I accumulate a million dollar (Realistically)

Further considerations on Prudential PRUWealth III

• How is Prudential or Prudential PRUWealth III investment returns based on historical performance?
• How does Prudential PRUWealth III compare with endowment policies from other insurance companies?
• Can Prudential PRUWealth III fulfill my financial, insurance, health, and protection needs?

The above information may not fully highlight all the product details and features on Prudential PRUWealth III. Talk to us or seek advice from a financial adviser before making any decision about Prudential PRUWealth III.

Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up.

Read about: How can I accumulate a million dollar (Realistically)

Read About: 3 best Savings plans and endowment policies in Singapore (updated Jan 2023)

Where can I compare the payout and benefits of saving plans and endowment policies?

Before committing to an insurance policy, it certainly pays to make an effort to compare. Specific product features, benefits, and payouts 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?

Use our Compare NOW feature to receive the most competitive quotes on saving plans and endowment policies.

Alternatively, you just need to provide us with a couple of details below.

Is Prudential PRUWealth III 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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Before you go...

Prudential PRUWealth III may be a good fit towards your current financial goals. However, there could be way more plans out there with features and/ or benefits that could be more relevant to you at a lower cost.

Drop us a message and find out about customised options across multiple insurance companies. You deserve to get the best out of your hard-earned savings!

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