{ "generated_at": "2026-06-05T12:32:40.774Z", "site_base": "https://lifeinsurance.com.sg", "insurer": { "slug": "prudential", "name": "Prudential Singapore", "legal_entity": "Prudential Assurance Company Singapore (Pte) Limited", "mas_license_type": null, "mas_fi_directory_url": null }, "product": { "slug": "pruvantage-wealth-iii", "name": "PRUVantage Wealth \n III", "status": "active", "positioning_summary": null, "source_url": "https://www.comparefirst.sg/wap/prodSummaryPdf/199002477Z/PRUVantage%20Wealth%20III%20Product%20Summary.pdf" }, "wording": { "wording_version": "2026-06-05", "effective_from": null, "ingested_at": "2026-06-05T11:42:36.111353+00:00", "source_url": "https://www.comparefirst.sg/wap/prodSummaryPdf/199002477Z/PRUVantage%20Wealth%20III%20Product%20Summary.pdf", "pdf_hash": "3cffcb0ce83ab397a457b00aa80a4261c69d55a42a7482aa084044c1fba3cf9b", "page_count": null }, "facts": { "riders": [ { "name": "Payer Security Plus", "rider_type": "waiver-of-premium", "description": "Supplementary benefit attachable to PRUVantage Wealth III. Specific terms subject to product terms and conditions.", "source_page": 17, "available_at_inception": true, "available_after_inception": true }, { "name": "Crisis Waiver III", "rider_type": "waiver-of-premium", "description": "Supplementary benefit attachable to PRUVantage Wealth III. Specific terms subject to product terms and conditions.", "source_page": 17, "available_at_inception": true, "available_after_inception": true }, { "name": "Accident Assist", "rider_type": "accidental-death", "description": "Supplementary benefit attachable to PRUVantage Wealth III. Specific terms subject to product terms and conditions.", "source_page": 17, "available_at_inception": true, "available_after_inception": true } ], "free_look": { "period_days": 14, "refund_basis": "Not explicitly stated verbatim in the extracted text; MAS minimum of 14 days applies." }, "exclusions": [ { "text": "If the life assured dies from suicide within 12 months from the cover start date or date of reinstatement (if any) of your policy, we will void your policy. In this case, we cancel it and refund the total premiums received from you. We will first deduct any withdrawals, dividend payments, all other amounts you owe us in connection with your policy and expenses (including administrative, sales-related and medical expenses) we have had to pay for your policy.", "source_page": 2 }, { "text": "If the life assured dies due to a pre-existing condition within 12 months from the cover start date or date of reinstatement (if any) of the policy, we pay the higher of: The value of all the units in your accounts, less the Welcome Bonus* paid to your policy; or The total regular premiums received from you (excluding premiums paid for supplementary benefits) plus top-ups made through the Investment Booster (Lump Sum), if any, less any withdrawals, dividend payments, all amounts you owe us in connection with the policy and expenses (including administrative, sales-related and medical expenses) that we have had to pay for your policy.", "source_page": 2 }, { "text": "There are certain conditions such as death from suicide or Pre-existing Condition within 12 months from cover start date under which no benefits will be payable. You are advised to read your policy document for the full details of these exclusions.", "source_page": 17 } ], "mwpa_trust": { "notes": "You cannot appoint a secondary life assured if your policy already has a nomination of beneficiary or a trust has been created under your policy. You cannot request for Wealth Share if there is pending claim under your base policy, your base policy already has a nomination of beneficiary, or a trust has been created under your base policy.", "available": false, "source_page": 7 }, "cash_values": { "has_cash_value": true, "non_guaranteed_bonus": { "text": "Welcome Bonus: extra units credited based on premium term, annualised premium and account allocation, for premiums received during the applicable Welcome Bonus period. Loyalty Bonus: 0.5% per year of the latest Growth Account Value and/or Flex Account Value, payable yearly from a specified policy anniversary dependent on premium term. Both bonuses are non-guaranteed in that they depend on continued policy conditions being met.", "available": true, "bonus_types": [ "other" ], "source_page": 4 }, "guaranteed_surrender_value": { "basis": "Value of units in account(s) less applicable surrender charge (if any), plus any premium paid but not yet invested, less any amounts owed. Surrender charges apply as a percentage of Growth Account Value and/or Flex Account Value for specified policy years per premium term. No surrender charge on Additional Investment Account.", "available": true, "source_page": 16 } }, "policy_loan": { "available": false }, "grace_period": {}, "product_type": "investment-linked", "policy_basics": { "minimum_sum_assured": { "amount": "101% of total regular premiums paid (excluding supplementary benefit premiums) less any withdrawals and dividend payments, or account value, whichever is higher", "currency": "SGD", "source_page": 2 }, "maximum_policy_term_years": "whole-of-life (coverage continues for as long as the life assured lives)", "minimum_policy_term_years": "whole-of-life (coverage continues for as long as the life assured lives)" }, "premium_terms": { "payment_modes": [ "annual", "monthly" ], "minimum_premium": { "amount": 15000, "currency": "SGD", "source_page": 2 }, "premium_term_options": [ { "label": "3-year premium term", "description": "Minimum annual premium S$60,000; 100% of regular premiums invested in Flex Account only.", "source_page": 2 }, { "label": "5-year premium term", "description": "Minimum annual premium S$36,000; 100% of regular premiums invested in Flex Account only.", "source_page": 2 }, { "label": "10-year premium term", "description": "Minimum annual premium S$24,000.", "source_page": 2 }, { "label": "15-year premium term", "description": "Minimum annual premium S$18,000.", "source_page": 2 }, { "label": "20-year premium term", "description": "Minimum annual premium S$15,000.", "source_page": 2 } ], "premium_review_clause": { "reviewable": false } }, "reinstatement": { "conditions": "If you chose to reinstate the policy by only paying current premium, then in the future, you cannot choose to pay any of the previously unpaid premiums due during the premium holiday period to receive the premium holiday charge refund.", "source_page": 12 }, "non_forfeiture": { "paid_up": { "text": "Not described in the extracted text.", "available": false }, "extended_term": { "text": "Not described in the extracted text.", "available": false }, "automatic_premium_loan": { "text": "Not described in the extracted text.", "available": false } }, "suicide_clause": { "source_page": 2, "payout_within_period": "If the life assured dies from suicide within 12 months from the cover start date or date of reinstatement (if any) of your policy, we will void your policy. In this case, we cancel it and refund the total premiums received from you. We will first deduct any withdrawals, dividend payments, all other amounts you owe us in connection with your policy and expenses (including administrative, sales-related and medical expenses) we have had to pay for your policy.", "exclusion_period_months": 12 }, "document_metadata": { "product_full_name": "PRUVantage Wealth III", "insurer_legal_entity": "Prudential Assurance Company Singapore (Pte) Limited", "product_summary_pdf_url": "www.prudential.com.sg" }, "terminal_illness_benefit": { "available": false } }, "confidence_tier": "verified" }