PRUInvestor Plan
Age Requirement
Sum Assured
Cover Scope
Cover Terms
More Features
20% of the total premium is allocated to the risk cover and 80% to the investment contributions
A waiting period of two months will apply on the policy following a reinstatement after a lapse
Product Benefits
Death benefit
In the event of death, Prudential pays 100% of the sum assured plus accrued bonuses and the accumulated fund value
Critical illness
On first time diagnosis of a listed illness, Prudential pays 30% of the sum assured up to a maximum of 300 million. 100% of the accumulated fund if any will be paid to the policy holder. The remaining risk premium will be waived for the remaining payment term. The death benefits are still payable when they fall due
Permanent Total Disability
100% of the sum assured up to a maximum of 300 million is payable if the insured becomes impaired. 100% of the accumulated fund if any will be paid to the policy holder
Investment Contributions
The investment contributions earn a discretionary 10% annual compound interest payable monthly
Withdraws
The client qualifies to withdraw 100% of the accumulated fund value plus any declared interest every 3 years during the premium paying term
At the end of the term
On survival to the end of the policy term, the policy shall be subject to a refund of 6% of the total gross premiums on the policy
Terms and Conditions
- The policy has no maturity pay-out
- The policy has no surrender value
- On withdrawing the investment contributions before year 3, the client gets 75% of the fund value after 6 months, 85% between 7 and 12 months, 90% between 13 and 24 months and 100% after 25 months
- The policy does not earn a bonus