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Proceed

Customisable insurance savings plan for the milestones in your life

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Customisable insurance savings plan for the milestones in your life

Achieve your goals during the different stages of your life

PRUActive Saver III, a customisable insurance savings plan, allows you to save depending on your savings needs

IMPORTANT INFORMATION – PLEASE READ BEFORE PROCEEDING

Knowing the key risks associated with such insurance plan is important. Below are the key risks(non-exhaustive)associated with this plan.

a. If the Life Assured dies from suicide or a Pre-existing Condition within 12 months from the Cover Start Date of this policy or from the date of reinstatement (if any), Prudential Assurance Company Singapore (Pte) Limited (“Prudential”) will refund you the total premiums it has received less any loans and outstanding amounts owing to it and expenses incurred by it, in connection with your policy , and your policy will terminate.

b. This policy will be capital-guaranteed upon maturity, regardless of the premium payment term and policy term selected.

c. The benefits under this policy are made up of guaranteed and non-guaranteed benefits. The guaranteed benefits will be paid regardless of the performance of the participating fund managed by Prudential. Non-guaranteed benefits are in the form of bonuses. The bonuses are NOT guaranteed and will vary according to the future performance of the participating fund. Past performance is not an indication of future performance.

d. As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the total surrender value (both guaranteed and non-guaranteed), that is payable to you may be zero or less than the total premiums paid. This policy acquires a surrender value after 36 months from the first premium due date and only after premiums had been paid for 36 months.

e. This policy is a life insurance plan. It is not a savings account or fixed deposit, nor is it associated with any bank account or fixed deposit.

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Disclaimer

The content of this webpage is for general information only, and it does not constitute an offer to buy or sell any insurance product or service, nor is it intended to provide insurance or financial advice.

It has not been prepared for any particular person or class of persons and does not constitute and should not be construed as investment advice nor an investment recommendation. It has been prepared without regard to the specific investment objectives, financial situation or particular needs of any person. You should seek advice from a licensed or an exempt financial adviser on the suitability of the product for you, taking into account these factors before making a commitment to purchase or invest in the product. In the event that you choose not to seek advice from a licensed or an exempt financial adviser, you should carefully consider whether this product is suitable for you. You are fully responsible for your investment decision, including whether the product or service described here is suitable for you.

The content of this webpage describes the insurance product(s) and service(s) provided by Prudential Assurance Company Singapore (Pte) Limited (“Prudential”) in alliance with Standard Chartered Bank (Singapore) Limited (the “Bank”). It does not constitute a contract of insurance and reference should be made to the respective policy for the exact terms and conditions applicable to the insurance policy, which will be sent to you upon the acceptance of your application by Prudential. All insurance product(s) described in this webpage is a product of and underwritten by Prudential and not the Bank. In facilitating insurance arrangements or in referring customers to Prudential, the Bank is acting as a distributor, in alliance with Prudential and not as an agent for customers. The Bank shall not be liable in any manner whatsoever regarding your application or the contract of insurance.

Additionally, in relation to life insurance, buying a life insurance policy is a long-term commitment. An early termination of the life insurance policy usually involves high cost and the surrender value payable (if any) may be less than the total premiums paid.

If, after purchasing the policy, you decide that the policy is not suitable for you, you may terminate the policy in accordance with the free-look provision, if any, and Prudential may recover from you any expense incurred by them in underwriting the policy.

This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (“SDIC”). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact Prudential or visit the LIA or SDIC websites (www.lia.org.sg or www.sdic.org.sg).

This advertisement has not been reviewed by the Monetary Authority of Singapore.