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PruLink Assurance Account – Low Premium
PruLink Assurance Account - Low Premium is a regular premium unit-linked product which provides for varying benefits. Premiums are payable for the whole of life with option to shorten premium payments through premium holiday. Sum assured is quoted as multiples of the regular premium.
PAA - Low Premium is available for both peso and dollar denominations, and here are the funds that you can choose from where to invest your money:
PruLink Bond Fund
PruLink Managed Fund
PruLink Growth Fund
PruLink Equity Fund
PruLink Dollar Bond Fund
PruLink Proactive Fund
PruLink Assurance Account has two components: the Core Benefits and the Optional Benefits.
Core Benefits
a. Death Benefit (Whole life coverage)
The sum assured plus the fund value are payable in the event of death of the life insured.
b. Total and Permanent Disability (TPD)
This benefit pays a percentage of the combined basic and term
c. Loyalty Bonus Benefit
This benefit gives the policyholder additional 10% of the annual premium starting on year 11 up to policy maturity if the policy remains with the Company for 10 years.
Optional Benefits available are:
a. Crisis Cover Benefit
b. Accidental Death & Disablement (ADD)
c. Payor Waiver
