PRUActive LinkGuard: Flexible Protection That Grows With You
In today's fast-paced world, life can be unpredictable. You might be wondering, "How can I protect myself and my loved ones while still pursuing my dreams?" If you're looking for an insurance plan that offers both protection and flexibility, PRUActive LinkGuard might be the solution you've been searching for. Let's dive deep into what this innovative product offers and how it can benefit you at every stage of your life.
Insurance Calculator
Find the right coverage in minutes
Discover Your Ideal Coverage
Use our advanced calculator to get personalized insurance recommendations
- Accurate Estimates
Get precise coverage recommendations based on your needs
- Save Time
Receive instant results without lengthy consultations
- Personalized Analysis
Get tailored recommendations based on your unique situation
What is PRUActive LinkGuard?
PRUActive LinkGuard is a flexible investment-linked insurance plan that provides comprehensive protection while allowing you to grow your wealth. It's designed to adapt to your changing needs throughout different life stages, offering you the freedom to adjust your coverage and investments as your priorities shift.
Key Features That Make PRUActive LinkGuard Stand Out
Affordable Premiums
Starting from just S$75 per month, making it accessible for many budgets
Double Coverage with Multiplier Benefit
Get twice as much protection against death, terminal illness, and total permanent disability before age 50
10 Years Guaranteed Coverage
Stay covered for the first decade, ensuring your protection remains secure even in volatile markets
Flexible Coverage Adjustments
Ability to increase or decrease coverage based on your life events and priorities. Option to reduce coverage to zero when you turn 50
Investment Opportunities
Power up your investments with regular or lump-sum top-ups anytime during the policy term. 97% of premiums paid will be invested
Optional Critical Illness Protection
Extend your coverage to include protection against 56 critical illnesses with Crisis Protect and Crisis Care
Comprehensive Protection Tailored to Your Needs
Death Benefit
Provides financial support for your loved ones in the event of your passing.
Terminal Illness Coverage
Offers a payout if you're diagnosed with a terminal illness, helping to cover medical expenses and maintain quality of life.
Total and Permanent Disability (TPD) Protection
Provides financial support if you become totally and permanently disabled, helping you maintain your lifestyle.
Critical Illness Coverage (Optional)
With the addition of Crisis Protect or Crisis Care, you can be covered against 56 critical illnesses, offering financial support during challenging times.
Flexibility That Adapts to Your Life Changes
Increase Coverage for Life Events
You can increase your basic coverage without medical underwriting for significant life events like getting married or having a child.
Adjust Investment Strategy
As your financial goals change, you can adjust your investment strategy by making regular or lump-sum top-ups.
Partial Withdrawals
Need funds for a major expense? You can make partial withdrawals from your policy, subject to certain conditions.
Reduce Coverage
As you build wealth and your protection needs change, you have the option to reduce your coverage, even down to zero when you turn 50.
Real-Life Example: Meet Amanda
This example shows how PRUActive LinkGuard can adapt to various life stages and events, providing both protection and investment opportunities.
Age 25: Amanda purchases PRUActive LinkGuard
Multiplied coverage: S$200,000br>Critical illness coverage: S$100,000br>Monthly premium: S$80
Age 27: Amanda gets a promotion
She tops up a lump sum of S$10,000 to maximize potential returns
Age 28: Amanda gets married
Increases basic coverage by S$25,000 without medical underwritingbr>New multiplied coverage: S$250,000br>New monthly premium: S$101.67
Age 30: Amanda welcomes her first child
Adds a regular top-up premium of S$100 per month for child's educationbr>New monthly premium: S$201.67
Age 35: Amanda pursues pastry chef qualifications
Makes a partial withdrawal of S$5,000 at no charge for program fees
Age 48: Amanda's child starts university
Withdraws S$15,000 at no charge for tuition fees
Age 50: Amanda turns 50
Multiplier Benefit ceasesbr>Coverage against death, terminal illness, and TPD reduces to S$125,000br>Critical illness coverage remains at S$100,000
Age 55: Amanda is diagnosed with lung cancer
Receives a payout of S$100,000 under Crisis Protectbr>Coverage against death, terminal illness, and TPD remains at S$125,000
Age 60: Amanda starts a home baking business
Potential to receive: S$212,400 (based on illustrated investment rate of return of 8% p.a.)br>Total premiums paid: S$90,340
Why Compare PRUActive Link Guard with other Whole Life Options through Whatins?
Traditional Approach
- Limited comparison of growth projections
- Single company's whole life performance history
- May oversimplify cash value benefits
Whatins Advantage
- Compare whole life cash value projections across insurers
- See different whole life dividend histories
- Understand various whole life premium payment options
- Compare guaranteed vs non-guaranteed values
Pros and Cons of PRUActive LinkGuard
Pros
Affordable premiums starting at just S$75 per month
Double coverage before age 50 with Multiplier Benefit
Flexibility to adjust coverage and investments
Option for critical illness protection
Opportunity for wealth accumulation through investments
Guaranteed coverage for the first 10 years
Cons
Investment returns are not guaranteed and subject to market risks
Multiplier Benefit ceases at age 50
Early termination may result in high costs and potential loss of premiums paid
Premiums for supplementary benefits are not guaranteed and may be adjusted
Frequently Asked Questions
Can I change my coverage amount after purchasing the policy?
Yes, PRUActive LinkGuard allows you to adjust your coverage based on life events and changing needs.
What happens to my investments if the market performs poorly?
Investment products are subject to market risks, and there's a possibility of losing the principal amount invested. However, the 10-year guaranteed coverage ensures your protection remains in place regardless of market performance.
Can I withdraw money from my policy?
Yes, you can make partial withdrawals, subject to certain conditions and maintaining a minimum policy account balance.
What happens to my coverage when I turn 50?
The Multiplier Benefit ceases at age 50, reducing your coverage. However, you have the flexibility to adjust your coverage based on your needs at that time.
Is the critical illness coverage mandatory?
No, it's an optional benefit that you can add to your policy for additional protection.
Conclusion
PRUActive LinkGuard offers a unique combination of protection, flexibility, and investment opportunities . It's designed to adapt to your changing needs throughout different life stages, providing you with the freedom to pursue your dreams while ensuring you and your loved ones are protected.
However, as with any financial decision, it's important to carefully consider your personal needs, risk tolerance, and long-term goals before committing to a policy. While PRUActive LinkGuard offers many benefits, it's crucial to understand that it's an investment-linked plan, which means your returns are not guaranteed and are subject to market risks .
Remember, the best insurance plan is one that aligns with your specific circumstances and financial objectives. If you're considering PRUActive LinkGuard or any other insurance product, it's always wise to consult with a qualified financial advisor who can provide personalized recommendations based on your unique situation.
Get Expert Advice
Ready to explore your options further? Don't rely on just one perspective. Get expert insights tailored to your unique needs. Sign up now to receive 5 expert opinions on investment-linked insurance plans. These professionals will review your specific situation and provide personalized recommendations, helping you make the most informed decision possible.
By consulting with multiple experts, you'll gain a comprehensive understanding of your options and ensure you're choosing the best coverage for your needs and goals. Don't leave your financial future to chance – get the expert advice you deserve today .
- 👉 PRUActive LinkGuard: Flexible Protection That Grows With You
- 👉 What is PRUActive LinkGuard?
- 👉 Key Features That Make PRUActive LinkGuard Stand Out
- 👉 Comprehensive Protection Tailored to Your Needs
- 👉 Flexibility That Adapts to Your Life Changes
- 👉 Real-Life Example: Meet Amanda
- 👉 Pros and Cons of PRUActive LinkGuard
- 👉 Frequently Asked Questions
- 👉 Conclusion
- 👉 Get Expert Advice
Fill in your details to get started
or
By filling this out, you agree to allow us to contact you about insurance related information.