Pru Life UK Product Specifications

As of March 2020
Identify your need

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Investment-Linked Products
Single Pay, Regular Pay, Limited Pay
Investment-Linked Products Single Pay Regular Pay Limited Pay

PRUMillionaire (PRUM)
A unit-linked life insurance product that maximizes the value of investment through a significantly lower initial charge of 0.5%
and a superior selection of investment funds – all while having peace of mind through the insurance coverage.

Product Features Optional benefits Available

Issue age 0 to 70 none
Coverage Period Until age 100
Minimum Premium PhP 1,000,000 or USD 20,000
Death Benefit Death benefit equal to the higher of:
a. 125% of single premium plus 125% of top-
ups less
125% of all partial withdrawals; or
b. Fund value
Underwriting Guaranteed Issue Offer – no medical
underwriting
Fund allocation Schedule Initial charge: 0.5%
Premium allocation: 99.5%
Top-ups Minimum: PhP 40,000 / USD 1,000
Maximum: PhP 999,999 / USD 19,999
Initial Charge: 3%
Withdrawals Minimum: PhP 20,000 / USD 1,000
Minimum maintaining balance:
PhP 40,000 / USD 3,000 Confidential 4
Investment-Linked Products Single Pay Regular Pay Limited Pay

PRULink Investor Account Plus (PIA Plus)

Allows you maximum opportunity for fund growth to meet your medium- to long-term financial goals faster and one step further in
protection coverage with a Guaranteed Issue Offer feature that has no medical requirement for the life insured.

Product Features Top-ups Minimum: PhP 20,000 / USD 500

Maximum: subject to reinsurer
Issue age 0 to 70 Initial Charge: 3%
Coverage Period Until age 100 Withdrawals Minimum: PhP 20,000 / USD 1,000
Minimum maintaining balance:
Minimum Premium PhP 100,000 or USD 2,500
PhP 40,000 / USD 3,000
Death Benefit For the first 2 years of the policy effective date:
If death is due to accident
DB1: 125% of single premium plus 125% of top- Optional benefits Available
ups less 125% of all partial withdrawals or fund
value, whichever is higher. Riders Minimum Sum Assured/Coverage
If death is due to causes other than accident Non-accelerated Total and 100% of Single Premium
DB2: Fund value plus all charges Permanent Disability

If death occurs after 2 years from policy effective Additional Term Rider (ATR) 100% of Single Premium
date regardless of cause, we will payout DB1 Personal Accident Package 100% of Single Premium
Underwriting Guaranteed Issue Offer – no medical
underwriting (provided that plan has no riders)
Fund allocation Schedule Initial charge: 3%
Premium allocation: 97%

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Investment-Linked Products Single Pay Regular Pay Limited Pay

PRULink Assurance Account Plus (PAA)

A regular-pay (payable up to age 100) unit-linked life insurance product. It provides living, disability and death benefits.

Product Features Sum Assured Age Range Minimum Maximum

Issue age 0 to 70 (as multiple of the 0-20 20 160

base annual premium) 21-25 20 140
Coverage Period Until age 100
26-30 20 120
Minimum Premium PhP 15,000/ USD 580 31-35 20 100

Core Benefits ▪ Death benefit (SA + FV) 36-40 20 80

▪ Accelerated TPD benefit 41-45 20 60
▪ Accidental Death and Disablement benefit 46-50 20 40

Underwriting Standard – medical and financial underwriting 51-55 15 30

56-60 15 20
Fund allocation Schedule Year 1 – 0%
61-65 10 15
Year 2 – 50%
Year 3 – 50% 66-70 10 10
Year 4 – 100%
Year 5 – 100%
Top-ups Minimum: PhP 20,000 / USD 500
Maximum: subject to reinsurer
Please refer to page 13 for the
Initial Charge: 3% Optional Benefits Available
Withdrawals Minimum: PhP 10,000 / USD 250
Minimum maintaining balance: PhP 20,000 / USD
1,500
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Investment-Linked Products Single Pay Regular Pay Limited Pay

PRULink Exact Protector Series (PEP)

A limited pay unit-linked product. This life insurance product with investment opportunity feature is meant to provide living,
disability, and death benefits. It is available in both peso and dollar denominations payable in 5, 7, 10 and 15 years.

Product Features Top-ups Minimum: PhP 20,000 / USD 500

Maximum: subject to reinsurer
Issue age 0 to 70 Initial Charge: 3%
Coverage Period Until age 100 Withdrawals Minimum: PhP 10,000 / USD 250
Minimum Premium PEP 5 PhP 40,000 / USD 900 Minimum maintaining balance: PhP 20,000 / USD 1,500

PEP 7 PhP 40,000 / USD 825 Minimum Sum

6x Base Annual Premium
Assured
PEP 10 PhP 35,000 / USD 675
Maximum Sum Age Range PEP 5 PEP 7 PEP 10 PEP 15
PEP 15 PhP 35,000 / USD 600 Assured 0-39 16 24 36 48
Core Benefits ▪ Death benefit (SA + FV) (as multiple of 40-44 16 24 36 48
▪ Accelerated TPD benefit the base annual 45-49 9 15 22 35
▪ Accidental Death and Disablement benefit premium)
50-54 6 6 15 25
Underwriting Standard – medical and financial underwriting 55-59 6 6 9 20
60-64 6 6 9 15
Fund allocation
Schedule 65-70 6 6 6 10

Please refer to page 13 for the

Optional Benefits Available
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Investment-Linked Products Single Pay Regular Pay Limited Pay

PRULink Exact Protector Series – Low Premium (PEP LP)

- a limited pay unit-linked product. This life insurance product with investment opportunity feature is meant to provide living,
disability, and death benefits.

Product Features Top-ups Minimum: PhP 20,000 / USD 500

Maximum: subject to reinsurer
Issue age 0 to 70 Initial Charge: 3%
Coverage Period Until age 100 Withdrawals Minimum: PhP 10,000 / USD 250
Minimum Premium PEP LP 10 PhP 18,000 Minimum maintaining balance: PhP 20,000 / USD 1,500

PEP LP 15 PhP 18,000 Minimum Sum

6x Base Annual Premium
Assured
Core Benefits ▪ Death benefit (SA + FV)
Maximum Sum Age Range PEP 10 PEP 15
▪ Accelerated TPD benefit
▪ Accidental Death and Disablement benefit Assured 0-39 36 48
(as multiple of 40-44 36 48
Underwriting Standard – medical and financial underwriting the base annual 45-49 22 35
premium)
Fund allocation 50-54 15 25
Schedule 55-59 9 20
60-64 9 15
65-70 6 10

Please refer to page 13 for the

Optional Benefits Available

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Investment-Linked Products Single Pay Regular Pay Limited Pay

PRULink Elite Protector Series (ELITE)

A unit-linked product line designed with customer advantage in mind. This limited-pay product combines life insurance
protection and greater potential for wealth accumulation through higher fund allocation and lower upfront charges, but it
requires higher minimum entry premiums.

Product Features Top-ups Minimum: PhP 20,000 / USD 250

Maximum: subject to reinsurer
Issue age 0 to 70 Initial Charge: 3%
Coverage Period Until age 100 Withdrawals Minimum: PhP 10,000 / USD 1,000
Minimum maintaining balance:
Minimum Premium ELITE 5 PhP 200,000 / USD 4,500
PhP 20,000 / USD 1,500
ELITE 7 PhP 150,000 / USD 3,300 Sum Assured Age Range Elite 5 Elite 7 Elite 10 Elite 15
ELITE 10 PhP 110,000 / USD 2,500 (as multiple of 0-4 32 44 64 98
the base annual 5-9 31 43 62 95
ELITE 15 PhP 75,000 / USD 1,700 premium of PhP 10-14 30 42 60 92
Core Benefits ▪ Death benefit (SA + FV) 50,000)
15-19 30 41 60 91
▪ Accelerated TPD benefit
20-44 30 41 59 91
▪ Accidental Death and Disablement benefit
45-49 23 32 46 70
Underwriting Standard – medical and financial underwriting 50-54 15 20 30 45
Fund allocation 55-59 9 13 19 29
Schedule 65-70 6 7 10 15

Please refer to page 13 for the

Optional Benefits Available

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Traditional Products
Term, Stand-alone
 Traditional Products Term Stand-alone

PRULife Your Term

A one year renewable and convertible term product that provides death coverage. It is automatically renewed at the end of
each policy year before the Life Insured reaches age 90. It is convertible to a permanent plan such as whole life, endowment or
investment-linked on the 2nd policy year without submitting proof of good health. Health, accident and Variable Life (VL) riders
may be attached for a more comprehensive insurance coverage.

Product Features
Renewability
Issue age 0 to 79
At the end of the current benefit term and every
Benefit Term Period One (1) year year thereafter before age 90, it may automatically
Termination Age Ninety (90) years old be renewed for another year
Minimum Base Age Range Minimum Premium
Premium Convertibility
0-39 PhP 8,000
On the 2nd policy year, it may be converted to a
40-59 PhP 15,000 whole life, endowment, or investment-linked policy
60-79 PhP 35,000 currently available at that time without submitting
Death Benefit Equal to Sum Assured (Refer to your sales illustration) evidence of good health

Underwriting Standard – medical and financial underwriting

Please refer to page 13 for the
Optional Benefits Available

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 Traditional Products Term Stand-alone

PRULife Care Series for Critical Illness

Yearly renewable term products that provide cash benefits to help cover the cost of treatment of critical illnesses.

PRULife Care Plus*

A cash benefit paid to the insured who has been diagnosed with or
has undergone surgery due to any of the 36 critical illnesses
Product Features covered by Pru Life UK.
Issue age 18 to 64
PRUMultiple Life Care Plus*
Coverage One (1) Year coverage; renewable up to age 70
A cash benefit given if the insured is diagnosed with or has
Period
undergone surgery due to any of the 36 critical illnesses covered
Sum Assured CI Product Minimum Maximum by Pru Life UK. This can be availed up to three times, provided
Life Care Plus PhP 250,000 PhP 10,000,000 the illnesses fall under separate categories defined by this rider.
Multiple Life Care Plus PhP 250,000 PhP 10,000,000
Life Care Advance Plus PhP 250,000 PhP 3,750,000 PRULife Care Advance Plus*
A cash benefit of 25% of the rider benefit amount paid in
Underwriting Standard – medical and financial underwriting
advance if the insured is diagnosed with any of the 10 identified
early stage critical illnesses. This can be availed up to four
times if it is for different early stage conditions.

*Claims arising from a critical illness that is a pre-existing condition will not be paid. A pre-existing condition is an illness or condition which existed or was existing, or whose cause existed or
was existing, or of which the person covered had knowledge, signs or symptoms, or which any laboratory test or investigation showed the likely presence of, prior to the policy effectivity date Confidential 12
or the date of last reinstatement of the policy, whichever is later.
Optional Benefits Available Per Product

PRODUCTS
PEP PEP LP ELITE PAA PLUS PIA PLUS PYT
Accidental Death and Disability Rider (ADD)
√ √ √ √ √
Accelerated Total and Permanent Disability Rider
(ATPD) √ √ √ √ √ √

Critical Crisis Cover Benefit (CCB) √ √ √

Illness Life Care Benefit (LCB) √ √ √ √ √
Riders Life Care PLUS (LCP) √ √ √ √
Multiple Life Care Plus (MLCP) √ √ √ √
Life Care Advance Plus (LCAP) √ √ √ √
Waiver Waiver of Premium due to TPD (WPTPD) √ √ √ √ √
Riders Payor Waiver (PW) √ √ √ √ √
Life Care Waiver (LCW) √ √ √ √ √
Term Additional Term Rider (ATR) √ √ √ √
Riders Payor Term (PTR) √ √ √ √
PA Package RIDER/S (Standard, Executive, Power,
√ √ √ √ √ √
Junior)
Hospital Income Benefit Rider (DHI,. LTH, SER, ICU)
√ √ √ √ √
Variable Life Rider √

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Optional Benefits Available Per Product
RIDER DESCRIPTIONS
Accidental Death and Disability Rider (ADD) Additional cash benefit in case the insured meets an accident that resulted to death or disability
Accelerated Total and Permanent Disability Rider Cash benefit deducted from the base plan and paid in advance in case of sickness or injury that may make
(ATPD) the insured unable to work or never be able to work again, or require constant assistance even in basic
activities such as moving, bathing, and feeding
Critical Crisis Cover Benefit (CCB) Pays out a percentage of the base plan sum assured (equal to Rider benefit amount) upon diagnosis of or
Illness upon surgery due to any of the 15 critical illnesses
Life Care Benefit (LCB) Pays out a percentage of the base plan sum assured (equal to Rider benefit amount) upon diagnosis of or
Riders
upon surgery due to any of the 36 critical illnesses
Life Care PLUS (LCP) Pays out 100% of the benefit amount of the rider upon diagnosis of or upon surgery due to any of the 36
critical illnesses. Base sum assured remains intact after claim from this rider.
Multiple Life Care Plus (MLCP) Pays out maximum of 310% of the benefit amount of the rider upon diagnosis of or upon surgery due to
any of the 36 critical illnesses Base sum assured remains intact after claim from this rider.
Life Care Advance Plus (LCAP) Pays out 100% of the benefit amount of the rider less any early CI claims made, if any, upon diagnosis of or
upon surgery due to any of the 36 critical illnesses. Base sum assured remains intact after claim from this
rider.
Waiver Waiver of Premium due to TPD (WPTPD) Waives all future regular premiums due to total and permanent disability
Riders Payor Waiver (PW) Waives all future regular premiums due to death or total and permanent disability of the payor
Life Care Waiver (LCW) Waives all future regular premiums due to critical illness
Term Additional Term Rider (ATR) Provides 100% of the benefit amount of this rider upon death of the insured
Riders Payor Term (PTR) Provides 100% of the benefit amount of this rider upon death of the payor
PA Package RIDER/S (Standard, Executive, Power, Packaged personal accident rider designed to cover injury or death due to an accident. Different packages
Junior) are available to suit various ages, income brackets, occupations and lifestyles.
Hospital Income Benefit Rider (DHI,. LTH, SER, ICU) Cash benefit for each day of hospital confinement due to injury or illness. This may be upgraded by adding
other riders such as: Intensive Care Unit Benefit, Long-Term Hospitalization Benefit, and Surgical Expense
Reimbursement
Variable Life Rider Provides an opportunity for wealth accumulation in addition to the guaranteed life protection coverage

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