Pruwealth enquiries?

Need some help from advisors here dealing with Prudential Products. Its regards to Pruwealth plan which allows partial cashiny of bonus in the first 20 years of the policy from the 3rd year onwards and 20th years onwards policy owners can do a partial/full surrender. May I know how much of a impact will these 2 actions have on the policy in terms of values? Which would be more advisable to be done? Thanks! :)

Prudential PRUWealth II Endowment Plan

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PolicyWoke

03 Apr 2021

Turbo-charge Your Savings with REPs at PolicyWoke

Hi Anonymous,

I believe you may have mixed up the features of PruWealth and PruFlexiCash.

At least from the 2nd-hand PruWealth policy we have, it does NOT have the option to receive yearly cash benefit after the second policy anniversary. However, from the end of policy-year-20 onwards, there is an option to surrender it for projected 4.6% internal rate of return.

The receiving of yearly cash benefit after the second policy anniversary, is a feature of PruFlexiCash.

Do speak with your Prudential financial advisor to address your queries with regards to the impact of cash values, or you may speak with us via our website or Facebook page for 2nd-hand options.

Disclaimer: PolicyWoke is a 2nd-hand endowment policies broker

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Prudential PRUWealth II Endowment Plan

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Up to age 100

POLICY TERM

Single, Regular

PREMIUM TERM TYPES

Death

COVERAGE

N/A

MIN. GUARANTEED REGULAR PAYOUTS

100% of insured amount

LUMP SUM MATURITY BENEFIT