1 The Cash Benefit is made up of a guaranteed and non-guaranteed portion which will be paid out from the 5th and 2nd policy anniversary, respectively. The non-guaranteed Cash Benefit is illustrated investment rate of return 4.75% p.a. for the participating fund. It is not guaranteed and the actual benefits payable will vary according to the future performance of the participating fund.span
2 The Death Benefit will be the higher of 105% of the single premium or 101% of the Surrender value as at the time of death, plus any cash benefit left with Prudential, less any amounts owed to Prudential. * At 3.25% p.a. illustrated investment rate of return, the cash benefit at age 52, 55, and 71 are S$6,000, S$21,000 and S$27,500 respectively. David will receive a total Cash Benefit of S$766,500 during his lifetime and his family will receive an inheritance of S$1,090,800 when he passes on at age 85. The total benefits received is S$1,857,300.
^ At 3.25% p.a. illustrated investment rate of return, the cash benefit at age 42 and 45 are S$6,000 and S$21,000 respectively. At age 61, David transfers the policy to his child, Brian, before his 21st birthday and Brian receives a yearly Cash Benefit of S$27,500 for life. David will receive a total Cash Benefit of S$354,000 while Brian will receive a total Cash Benefit of S$1,760,000. David’s grandchild will receive an inheritance of S$2,646,200 when Brian passes on at age 85. The total benefits received is S$4,760,200.
^^ Medical check-ups or answering health-related questions may be required if an optional supplementary benefit is added, or if the total premiums for selected plans per life assured issued in the past 24 months exceed S$5 million (or equivalent). Selected plans will be reviewed and determined by us from time to time.