PRUInvestor Plus
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
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
Risk Sum Assured
The risk sum assured earns a discretionary bonus (3.5%) every year the policy remains in force
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
Terms and Conditions
- The policy has no maturity pay-out
- Minimum and maximum sums assured are 5 million and 3 billion respectively
- Cover is for the whole of life for the policy holder
- The policy has flexible payment terms; whole of life; to age 50; to age 55; to age 60; to age 65.
- 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