Introduction
In life's journey, financial security plays a crucial role in achieving our dreams and goals. Whether it's funding your child's education, purchasing a new home, or planning for retirement, having a robust savings plan is essential. Prudential's PRUActive Saver is an innovative insurance savings plan designed to help you reach your financial milestones with flexibility and ease. This customizable plan allows you to tailor your savings strategy to your unique life stage and financial needs, ensuring that you're prepared for whatever the future holds.
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Coverage and Benefits
PRUActive Saver offers a range of features to help you grow your savings and protect your financial future. Let's explore the key benefits that make this plan stand out:
Flexible Premium Payments
Choose your premium payment term based on your life stage and financial capacity. Options range from a single premium to regular payments over 5 to 30 years.
Customizable Policy Term
Align your policy with your financial goals by selecting a policy term between 10 to 30 years. This ensures you receive your maturity payout exactly when you need it.
Competitive Returns
Grow your savings with competitive maturity yields. Enjoy a lump sum maturity payout when your plan matures, helping you meet your financial objectives.
Guaranteed Acceptance
Enjoy a hassle-free application process with no medical examination required, making it easier than ever to start your savings journey.
Death Benefit
Receive protection with a death benefit of 105% of all premiums paid or 101% of surrender value, whichever is higher.
Coverage Customization
PRUActive Saver allows you to tailor your plan to fit your unique financial situation and goals. Here are the key customization options available:
Premium Amount Flexibility
Choose how much you want to save each month. PRUActive Saver accommodates both small regular contributions and larger lump sum investments.
Policy Term Options
Select a policy term that aligns with your financial timeline, ranging from 10 to 30 years. This ensures your maturity payout coincides with your specific needs.
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Riders and Additional Benefits
Enhance your PRUActive Saver plan with optional riders to provide additional protection and peace of mind. These add-ons can be tailored to your specific needs:
Crisis Waiver III
This rider waives future premiums if you're diagnosed with a covered critical illness, ensuring your savings plan continues even in challenging times.
Early Stage Crisis Waiver
Protect your savings plan by waiving premiums if you're diagnosed with an early-stage critical illness, allowing your policy to remain in force.
Payer Security Plus
This rider ensures the continuity of your policy by waiving future premiums in case of the payer's death, total and permanent disability, or critical illness diagnosis.
Claims and Customer Service
Prudential is committed to providing excellent customer support and a smooth claims process. To file a claim or seek assistance, policyholders can contact Prudential's customer service team at 1800 333 0 333. The company's website, www.prudential.com.sg, offers comprehensive information on claims procedures and required documentation. Prudential's dedicated team of financial consultants is also available to guide you through the claims process and answer any questions you may have about your PRUActive Saver policy.
Conclusion
PRUActive Saver is an excellent choice for individuals looking to secure their financial future with flexibility and ease. This plan is particularly well-suited for young professionals starting their savings journey, parents planning for their children's education, or anyone seeking a customizable savings solution with potential for growth. With its range of benefits and customization options, PRUActive Saver can help you achieve your financial goals while providing peace of mind.
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