Prudential PRUmortgage has been discontinued. For further information and details about this plan, fill up the form below and let us advise you accordingly.
Prudential PRUmortgage policy details
- Non-participating policy – Term policy
- Provides financial protection for the outstanding capital of a mortgage loan in the event of you/your spouse’s death during policy term and disability or terminal illness till 65 years of age
- Flexible terms of 10 to 35 years
- Available as a joint-life or individual policy
- Choice of a range of interest rates from 3% to 7% to ensure your home is adequately covered
Read About: Term Policy: How does it work?
Read About: 3 things to consider before taking up a new financial product
Features of Prudential PRUmortgage at a glance
Cash and Cash Withdrawal Benefits
Cash value: No
Cash withdrawal benefits: No
Health and Insurance Coverage
Death: Yes
Total Permanent Disability: Yes
Terminal Illness: Yes
Critical Illness: No
Early Critical Illness: No
Health and Insurance Coverage Multiplier
Death: No
Total Permanent Disability: No
Terminal Illness: No
Critical Illness: No
Early Critical Illness: No
Optional Add-on Riders
NA
Additional Features and Benefits
Yes.
Read Also: No budget for financial planning?
Prudential PRUmortgage may be suitable if you are looking for
Prudential PRUmortgage may potentially be a good fit if the following matters to you:
- High Health and Protection coverage
- High insurance coverage for Death or Terminal Illness
- High insurance coverage for Early Critical Illness, Critical Illness or Total Permanent Disability
- Lower initial premium compared to other types of insurance policies
- Looking to boost insurance coverage or fill shortfall in insurance portfolio
Prudential PRUmortgage may not be suitable if you are looking for
Prudential PRUmortgage may potentially be a bad fit if the following matters to you:
- Long-term cash accumulation
- Regular cash payout
- A one-time premium commitment with no further cash commitment
- Insurance policy with a surrender value.
Further considerations on Prudential PRUmortgage
- How is Prudential orPrudential PRUmortgage payout and claims based on past track record?
- How does Prudential PRUmortgage compare with Term policy from other insurance companies?
- Can Prudential PRUmortgage fulfil my financial, insurance, health and protection needs?
The above information may not fully highlight all the product details and features on Prudential PRUmortgage. Talk to us or seek advice from a financial adviser before making any decision about Prudential PRUmortgage.
Always ensure your long-term financial goals and objectives are aligned with the financial product you are considering to take up
Is Prudential PRUmortgage suitable for me?
Contact InterestGuru using the form below. Our panel of licensed financial advisers will advise accordingly, based on your financial profile and protection needs.
All financial reviews and proposals provided are 100% free of charge. There will be no obligation to take up any proposed financial products or services in any way.
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