The company said the new product, PruSelect Vantage, offers clients access to an “extensive range of carefully researched and quality funds”. This includes more than 95 funds, managed by up to 13 fund companies.
“Prudential Singapore is always looking for ways to enhance value for our customers,” said Tomas Urbanec, chief marketing and partnerships distribution officer, Prudential Assurance Company Singapore. “We designed PruSelect Vantage to help discerning customers build their wealth by offering a wide variety of quality funds to select from and the liberty to design their portfolio as relevant to their investment goals and risk appetite.”
PruSelect Vantage is an addition to the Vantage Series which includes the PruUniversal Vantage and PruTerm Vantage.
Available in Singapore and US dollars, the new plan features first-year bonus for policies with annualised regular premiums of at least S$18,000 per annum for PruSelect Vantage (SGD) or US$14,400 per annum for PruSelect (USD). It also includes a loyalty bonus for policies where premiums are paid consistently and on time. On top of that, there is an option to add Crisis Waiver III and Payer Security III for PruSelect Vantage (SGD), subject to medical underwriting.
