PRULifetime Income Plus
We analysed PRULifetime Income Plus so you don't have to. One fascinating find: Flexible premium top-ups for extra investments! View our full review to see if it fits your needs.
In today's complex financial landscape, successful individuals like you understand the importance of strategic wealth management. You're not just looking for any investment opportunity; you're seeking a solution that aligns with your unique goals, risk tolerance, and financial aspirations. If you're in search of a flexible, comprehensive investment-linked plan that offers both growth potential and peace of mind, PRUSelect Vantage (SGD) and PRUSelect Vantage Premier (SGD) might be the perfect fit for your portfolio.
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PRUSelect Vantage (SGD) and PRUSelect Vantage Premier (SGD) are sophisticated investment-linked plans designed for individuals who want to take an active role in growing their wealth while enjoying the benefits of life protection. These plans offer access to a curated suite of quality funds managed by world-renowned fund houses , allowing you to build a diversified portfolio tailored to your specific needs and risk appetite.
PRUSelect Vantage (SGD) invests 100% of your premiums from day one. PRUSelect Vantage Premier (SGD) invests 97.5% of your single premium.
First-year or second-year bonus to kickstart your investment. Loyalty bonuses to reward long-term commitment.
PRUSelect Vantage (SGD): Choose from regular premium terms of 5, 10, 15, or 20 years. PRUSelect Vantage Premier (SGD): Single premium option for those preferring a lump-sum investment.
Build your portfolio with funds managed by renowned institutions like BlackRock, Schroders, and more.
Make partial withdrawals, top-ups, and switch funds to adapt to changing market conditions or personal circumstances.
Enjoy peace of mind with coverage for death and accidental death.
Sign up without medical examination (conditions apply).
Initial Contribution Period: 24 months
First-Year Bonus: Awarded in the first year (minimum annualized premium applies)
Loyalty Bonuses: Awarded every 5 years during the premium payment period
Two Account Types: Initial Account and Accumulation Account
Charges: Policy Establishment Charge (4% p.a. for premium payment term), Administration Charge (0.75% p.a. for policy term), Policy Fee (S$12 per month for policy term)
Single Premium Structure
Premium Allocation Rate: 97.5% of single premium
Second-Year Bonus: Awarded if conditions are met
Loyalty Bonus: Awarded after Year 5 and every 5 years thereafter (conditions apply)
Single Account Structure
Charges: Administration Charge (0.8% p.a. throughout the policy term)
Let's consider Sam, a 35-year-old non-smoking male who purchases PRUSelect Vantage (SGD) with a 20-year premium payment term, paying $24,000 annually.
First-year bonus: $4,800
Loyalty bonuses:
Total additional bonuses over time: $16,800
Potential Account Values (based on an illustrated investment rate of return of 8% p.a.):
Note: At a lower illustrated rate of 4% p.a., the account values would be $599,385 at age 60 and $706,821 at age 70.
If you're looking to grow your wealth over an extended period and are comfortable with market fluctuations, these plans offer the potential for significant long-term returns.
With access to a variety of funds managed by world-class institutions, you can create a well-diversified portfolio to spread your risk.
If you value the ability to adjust your investment strategy over time, the option to switch funds, make top-ups, and partial withdrawals might appeal to you.
The attractive bonus structure, including first-year/second-year bonuses and loyalty bonuses, can provide a significant boost to your investment over time.
If you're looking for an investment vehicle that also offers life protection, these plans provide that added peace of mind.
High investment allocation from day one
Access to world-class fund managers
Attractive bonus structure
Flexibility in premium payment and investment management
Life protection included
No medical examination required for basic plan
Early termination may result in significant losses
Investment returns are not guaranteed
Charges may increase (within specified limits)
Complex structure may require careful understanding
Before investing in PRUSelect Vantage (SGD) or PRUSelect Vantage Premier (SGD), consider the following:
PRUSelect Vantage (SGD) and PRUSelect Vantage Premier (SGD) offer sophisticated investors a powerful tool for wealth accumulation and portfolio diversification. With their flexible structure, attractive bonus features, and access to world-class fund managers , these plans can play a significant role in your long-term financial strategy. However, like all investments, they come with risks and require careful consideration.
As you contemplate this investment opportunity, it's essential to align it with your broader financial goals and risk tolerance. While the potential for growth is attractive, remember that past performance doesn't guarantee future results.
Ready to explore how PRUSelect Vantage can fit into your investment strategy? Don't rely on just one perspective. Get expert insights tailored to your unique financial situation . Sign up now to receive 5 expert opinions on how investment-linked plans like PRUSelect Vantage can complement your portfolio.
By consulting with multiple experts, you'll gain a comprehensive understanding of how these plans can work for you, ensuring you make an informed decision that aligns with your financial aspirations. Don't leave your financial future to chance – get the expert advice you deserve today.
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