Singapore Insurance

As stated in its benefit illustration, PruWealth is a participating regular premium endowment insurance plan.  Unlike other endowment plans, PruWealth is meant to be long term wealth accumulator that matures only when the life assured turns 100 years old.  That means the plan does not mature in your typical 20 to 30 years that is common in other endowment plans.  Of course, that depends too on the age you are when you purchased the plan. Some interesting features of this endowment plan are as follows: There are various options of premium paying terms ranging from 5 years, 10 years, or 20 years. This basically means it is a limited pay plan where you just need to pay regular premiums for a certain number of years and can stop paying thereafter. Death benefit will always be higher than the amount of premiums put in.  This is typical of any endowment plan so I won't elaborate any further.  Surrender value comprises both guaranteed and non-guaranteed component...