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Protect your relationships and well-being. Make retirement your best years.

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Protect your relationships and well-being. Make retirement your best years.

What is PRUGolden Retirement?

PRUGolden Retirement is a regular premium retirement plan that provides a regular stream of retirement income and a lump sum upon maturity². The plan offers choice of premium payment term and provides additional income and premium waiver should unforeseen circumstances happen to you³.

How PRUGolden Retirement works:

Accumulation Period: The duration from policy inception to the commencement of the Monthly Income Period. Regular premium payment terms for the retirement ages of 60 and 65 are until the ages of 55 and 60 respectively.

Monthly Income Period: The duration when Monthly Income is payable by Prudential. Choice of Monthly Income Period of 10, 15 or 20 years.

^The illustrated values use bonus rates assuming an illustrated investment rate of return of 4.75% per annum. At 3.25% per annum illustrated investment rate of return, the Non-guaranteed Monthly Income is $62 and the Total Illustrated Payout is $272,812.As bonus rates are not guaranteed, the actual benefits payable will vary according to the future performance of the participating fund.

All amounts displayed are in Singapore dollars (S$).

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Knowing the key risks associated with each insurance plan is important.  Below are the key risks (non-exhaustive) associated with this plan:
The benefits under PruGolden Retirement are made up of guaranteed and non-guaranteed benefits. The guaranteed benefits will be paid regardless of the performance of the participating fund. Non-guaranteed benefits are in the form of non-guaranteed Monthly Income and Maturity Bonus and will vary according to the future experience of the participating fund.
Premiums for some supplementary benefits are not guaranteed and may be adjusted based on future claims experience.
This policy that you are purchasing is a life insurance plan, and it is not a savings account or fixed deposit.

Additional Coverage

Add these optional extras to enhance your coverage

Prudential strives to make a difference to your life by providing you with suitable insurance supplementary benefits.

Early Stage Crisis Waiver
Crisis Waiver III
Payer Security Plus
Waiver of premiums for five years upon diagnosis of early stage medical conditions

Waiver of premiums for 10 years upon diagnosis of intermediate stage medical conditions

Waiver of premiums5 upon diagnosis of any one of the 35 critical illnesses listed Waiver of premiums of your spouse’s or child’s policy in the event that death, total and permanent disability or critical illness strike you

This benefit covers you up to the end of the premium term or when you turn 85 years old, whichever is earlier6


1PRUGolden Retirement provides a stream of Monthly Income which comprises a guaranteed portion (“Guaranteed Monthly Income”) and a non-guaranteed portion. The Monthly Income starts from the Policy Anniversary immediately before the life assured attains the selected retirement age of 60 or 65 years old for a period of 10, 15 or 20 years.

2At maturity, the lump sum consists of the last Monthly Income and the Maturity Bonus. The Maturity Bonus is a percentage of the Guaranteed Monthly Income and is not guaranteed. The actual benefit payable will vary according to the future performance of the participating fund. Please note that historical performance may not be indicative of future performance.

3PRUGolden Retirement provides coverage for disability due to an Accident before the Policy Anniversary before the life assured attains age 70 years old.

4You have the option to appoint your spouse as a Successor Life Assured under the Surviving Spouse Benefit. The Surviving Spouse Benefit is available on a policy that has a husband and wife as joint owners of the policy. This would mean one of the policy owners is the Main Life Assured, and the other policy owner can be appointed as the “Successor Life Assured”. Appointment of Successor Life Assured is subject to acceptance by Prudential.

5Crisis Waiver III waives the future premiums of the covered benefits up to age 85.

6The waiver of premiums will be until the policy anniversary before the stated age.

7An “Accident” is an unforeseen and involuntary event, which directly causes death or injury by violent, external and visible means, and is independent of any other cause (such as illness or disease of the life assured).

8Choice of (A) 5 years premium payment term or (B) regular premium payment up to 5 years before the selected retirement age of 60 or 65 years old



The content of this webpage is for general information only and intended to be valid in Singapore 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 outside Singapore.

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. Buying health insurance products that are not suitable for you may impact your ability to finance your future healthcare needs. Premiums for some supplementary benefits are not guaranteed and may be adjusted based on future claims experience.

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 the insurer 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.

Information is correct as at 28 July 2020.