Prulife Journals-Joan Haw

Life insurance functions as a disciplined
savings vehicle
to build funds

Another policy issued for both parent and child in one policy:

7 years old Child: 1M Sum Assured
29 years old Mother: 1M Payor Term

Projected Savings at age 18 assuming a 4% rate: 388,000, this can withdrawn for educational and other financial plans without charges. However, after withdrawal, they must continue paying to avoid lapsation and forfeiture of insurance benefits and accumulate savings again.

With Payor Waiver: In case of total and permanent disability or death of mother, the premiums will be waived until age 60 of mother and until age 25 of the child which ever comes first

Having an insurance will force us to save to secure the future.

P67 per day can make a difference! You do not need much to be insured.

Congratulation to her, a 24-year old single lady who chose to be insured and establish a forced savings fund for her future goals.

This is a hybrid policy, a combination of INSURANCE and Savings in one comprehensive policy that is very affordable and flexible. You can always amend it to include riders or delete some riders that you think you no longer need.

The core purpose of this is insurance but, while you are insured, you are also given the chance to save and invest in global funds, local funds and bonds or mutual funds.

It is withdrawable without charges to fund your emergency and other financial goals. After withdrawal, you have to continue paying to avoid lapsation of your policy and forfeiture of your insurance benefits.

The premiums that you will be paying will be invested after deducting administrative fees. The savings and investment part will pay for the insurance charges in exchange for the insurance benefits.

Prulifetime Income, your source of passive income for LIFE! Your money will work for you. It can be for educational or pension plans or Retirement Lump Sum Fund. Guaranteed Cash Values are built overtime which you may withdraw if you want to surrender the policy.

> Pay 5 or 10 years, Receive GUARANTEED annual payouts until age 100 beginning at the end of 6th year.
> Receive Annual Dividends based on declarations of company
> Be insured for peace of mind
> All payments are zero tax

PRULifetime Income: Endowment Plans for Financial Security Ensure your future with PRULifetime Income. Discover our endowment life insurance plans for guaranteed financial stability and peace of mind.

PRUMILLION Flex:
* 2 years to pay
* Allocates 95-98% of premium for Investment of your chosen fund
* Monthly, quarterly, semi-annual or annual payment terms
* Death Benefit is 500% of the Sum Assured or Investment Fund Value whichever is higher
* Maturity - Age 85
* Minimum Monthly Premium is 20,834 with corresponding Death Benefit of at least 1,250,000

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