Prudential Singapore unveils indexed universal life plan for HNWs

This plan aims to provide coverage against market uncertainties.

Prudential Singapore has announced a new plan for protection and legacy needs amongst high-net-worth individuals (HNWIs) in Singapore.

The indexed universal life (UL) insurance plan, PRUVantage Legacy Index (PVLI) offers customers “lifelong coverage against death and terminal illness, and can maximise the growth potential of their wealth for future generations while protecting it from market downturns.”

Unlike other plans, PVLI's growth potential is tied to the uncapped performance of the S&P 500 Fast Convergence Index, with a 0% floor rate ensuring no loss in value from negative market returns.

Additionally, customers receive a 4.5% p.a. crediting rate for their fixed account in the first year.

The HNW segment in Singapore is expanding, with the proportion of millionaires expected to rise from 7.5% in 2021 to 13.4% by 2030, surpassing the US, China, and other Asia Pacific economies.

Other key benefits also include a loyalty crediting rate of 0.35% p.a. on the fixed account from the 11th year onwards and a minimum sum assured of $500,000.

Follow the link s for more news on

Prudential

Prudential Singapore

High Net Worth Individuals

insurance

Wealth Management

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.

The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.

So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia