Benefits

What kind of benefits can I get from PRU-Whole Life ?

Benefit 1: 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 Q1/2016 Q2/2016 Q3/2016 Q4/2016 Q1/2017 Q2/2017 Q3/2017
Crediting rate per annum 6.50% 6.50% 6.50% 6.50% 6.50% 6.50% 6%

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

  • Attractive Bonus:

Receive attractive loyalty bonuses to increase savings value of the policy

  • Equals 150% of one annualized target premium and shall be payable on the 10th Policy anniversary date
  • Equals 100% of one annualized target premium and shall be payable on the 13th Policy anniversary date
  • Equals 50% of one annualized target premium and shall be payable on the 16th Policy anniversary date and every 3 years thereafter

Benefit 2: A Flexibility in Planning Your Own Financial Plan

You have flexibility to manage your policy to adapt to the changes of savings and protection needs 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...

Benefit 3: 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.
  • 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
  • Full 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

How much do I have to pay?

With just a small savings of VND 10,000,000 every month, or VND 330,000/day, you can receive up to VND 22,594,143,000
Compensation Payment is VND 1,050,000,000 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

You save money in your Piggy bank VND 330,000/day You save money in our Insurance policy VND 330,000/day
Total money saved (VND) 1,800,000,000 Total money paid (VND) 1,800,000,000
Total money received (VND) at maturity 1,800,000,000 Total money received (VND) at maturity 22,594,143,000
There is no insurance guaranteed benefits
in case of any unfortunate event
You will receive guaranteed insurance benefits
valued up to VND 1,050,000,000 plus adjustable bonuses
from the insurance company in case unfortunate event happened

The above illustration is for a 40-year-old male customer with Sum Assured VND 1,05 billions illustration crediting rate is 5% p.a

Useful information

Entry Age: Age at maturity Min Target Premium
0 – 65 years old 100 years old LA≥15 years old: VND 12mil per annum
LA<15 years old: VND 8mil per annum

For more information, please contact our hotline at (028)3911 0000 / (024) 3696 0000 for direct consultant or visit your nearest Standard Chartered branch.

Apply now


Disclaimer

All of features and insurance benefits presented hereunder are of summarized nature and for reference only. All features and conditions thereof shall be carried out in accordance with the terms and conditions as approved by the Ministry of Finance.
Please carefully study the terms and conditions to master your benefits and products' features.
This plan is underwritten by Prudential Vietnam Assurance Private Limited. Standard Chartered Bank (Vietnam) Limited shall not bear any responsibility or liability for the plan or the products and services offered by Prudential Vietnam Assurance Private Limited.

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