Secure your family’s happiness with a comprehensive life insurance plan
Life insurance cover to protect your dear ones in case of an unfortunate event or maturity benefit at the end of the policy term.
18-50 years (Age at last birthday)
|Maximum age at end of policy term||
60 years (Age at last birthday)
|Mode of Payment||
Annually, Semi-annually or Monthly
|Method of Payment||
2. Standing order
|Death and TPD Benefit||
100% of Sum Assured for Normal Death or Total and Permanent Disability (TPD) and 200% of Sum Assured in case of Death or TPD is caused due to an accident.
|Discounts on Premium||
1) Get 2% discount on annual premium mode of payment if using non cash method of payment such as Standing Order.
2) Get 5% discount on premium for Sum Assured greater than or equal to $25,000.
|Minimum Sum Assured||
Parents coverage benefits allows you to have additional life insurance for your spouse within the same policy. This cover can also be purchased by you to enhance the life insurance benefits.
Family Income Rider Benefit allows you to guarantee a fixed annual amount payable to your family in case the insured event occurs. This benefit can be purchased for you as well as your spouse.
These riders do not have any maturity benefits.
*You can choose up to 50% of base plan SA of PRUmyfamily.
Mr. Yarith 31 and his Wife Mrs. Sokunthea 29 are working in a private company. They decided to purchase PRUmyfamily with annual premium $552.87* of Sum Assured $10,000 for 15 years policy term with details as below.
- Additional $10,000 of Parents Coverage Benefit rider for Mrs. Sokunthea for 15 years
- Family Income Benefit of $2,500 for both of them with Rider Term 15 years
He will get the benefits as shown below:
|If an unfortunate event does not befall them|
|If an unfortunate event befalls them|
PRUmyfamily benefit in case of an unfortunate event leading to death or Total and Permanent Disability
Parents Coverage Benefits
|$10,000 OR $20,000***|
|Beneficiary will recieve a Family Income Benefit at every policy anniversary following Death or Total and Permanent disability till the end of rider term||$2,500||$2,500|
*This value does not include any tax or discounts.
** Calculation of Maturity Benefit is based on the annual premiums (when premiums are paid using the annual mode). They do not include any extra premiums, any discount and any taxes that may be levied on the premiums.
*** for accidental death or total and permanent disability.
This is to be used for marketing purpose only. For a detail illustration please consult with Financial Consultant (FC) or Life Insurance Consultant (LIC).