Benefits

What kind of benefits can I get from Pru Flexicare?

An Effective and Reliable Savings Vehicle

  • Effective:
    The actual crediting rate of Universal Life Fund is highly competitive with other forms of investment in the market as expressed below:

Period Q1/2014 Q2/2014 Q3/2014 Q4/2014 Q1/2015
Creiting rate per annum 8.25% 7.75% 8.00% 8.00% 7.50%

  • Reliable:
    Under any circumstances, the crediting rate is assured to be not lower than the guaranteed minimum crediting rate as follow:

1120pximage

  • Attractive Bonus:
    Every 5 years, the periodic Loyalty Bonus equals 50% of Target Premium of one year will be added to Policy Account Value helping to increase your policy’s saving value.

A Flexibility in Planning Your Own Financial Plan

You have flexibility to manage your policy to adapt to the changes of savings and protection need during different life stages.

  • Flexibility in payment premium according to your financial ability

When you have disposable income, you can add on to your premium to increase the savings amount with unlimited top-up frequency.
When your income decreases or you meet with financial difficulties, you can also reduce the premium after the first 5 years, according to your financial ability or you can stop paying premium for a period and maintain your Policy Account Value (PAV) at the minimum rate to guarantee the policy’s benefits

  • Flexibility to adjust level of protection as your need

You can increase or decrease the Sum Assured (SA) or convert insurance benefits between basic rights and enhanced rights to match your protection requirements at different stages of life.

  • Flexibility with Policy Value Account (PVA)

You can withdraw part of fund if you incur unexpected expenses or recurring expenses such as child education, travel, car repair, home renovation.

A Comprehensive Protection

  • A high protection :

The Life Assured (LA) in this policy will be protected against death or Total and Permanent Dismemberment (TPD) with affordable regular premium.
The above illustration is for a 35-year-old male customer

Sum Assured (VND) Savings (VND) Savings (VND)
Annually Daily
500 milliions 9.5 millions 26,000
1 billion 19 millions 52,000
2 billions 38 millions 104,000

  • Waive Health Checkup

Waive health checkup when customer increases the SA at the time the assured person has following events: Life Assured’s marriage; having a baby or adopting a child; child joins school including primary school, secondary school, high school or university.

  • Terminal Illness Benefits:

Policy Owner can receive a zero-interest loan equals to 50% of the PAV if the LA suffers from Terminal Illness

All are protected in one

Pru Flexicare gives you the flexibility in planning a comprehensive protection plan for the whole family by adding from a variety of riders against the risk of accident, critical illness, hospitalization support.

  • Fully Protection

    The Life Assured (LA) will be protected against death or Total and Permanent Dismemberment (TPD).

  • Flexibility and Reliable Savings Vehicle

    You have flexibility to manage your policy to adapt to the changes of savings and protection need during different life stages with the guaranteed crediting rate

  • Waive Health Checkup

    Waive health checkup when customer increases the SA at the time the assured person has following events: Life Assured’s marriage; having a baby or adopts a child; child joins school including primary school, secondary school, high school or university.

Premiums

Premiums

How much do I have to pay?

With just a small savings of VND 1,581,000 every month, or VND 52,000 every day, you can receive up to VND 3,059,857,000
Compensation Payment is VND 1,000,000,000 if death or total disability unfortunately happens to the Assured

Here is a simple comparison example for you to feel the difference of saving the money at your home or by saving through our insurance program

Total money saved(VND) 379,400,000
Total money received (VND) 379,400,000

The money is not guaranteed in case of any unfortunate event

You pay for your Insurance policy VND 52,000 every day in 20 years

Total money paid(VND) 379,400,000
Total money received(VND) 3,059,857,000

You will receive guaranteed benefits valued up to VND 1,000,000,000 plus adjustable bonuses from the insurance company in case unfortunate event happened

The above illustration is for a 35-year-old male customer with premium term in 20 years, Sum Assured VND 1,000,000,000

Useful Information

Entry Age Age at maturity Min Target Premium Min Sum Assured
0 - 65 years old 75 years old LA≥18 years old: VND 8mil p.a
LA<18 years old: VND 6mil p.a
VND 200 million

For more information, please contact our hotline at (08)3911 0000 / (04) 3696 0000 for direct consultant or visit your nearest Standard Chartered branch.

Disclaimer

The information provided on this page is not a contract of insurance. The descriptions of cover are a brief summary for quick and easy reference. The precise terms and conditions that apply are in the Policy Document. This plan is underwritten by Prudential Vietnam Assurance Private Limited and Standard Chartered Bank (Vietnam) Limited accepts no responsibility or liability for the plan or the products and services offered by Prudential Vietnam Assurance Private Limited

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