The plan offers uncapped growth potential linked to the index performance along with features that protect against market uncertainties
- Lifelong protection with high death and terminal illness coverage.
- Maximised growth potential: Customers can access high-growth potential that is linked to the uncapped returns of the S&P 500 FC Index, allowing them to reap the full benefit of market upsides.3,4
- Steady growth on fixed account: The fixed account enjoys a first year crediting rate of 4.5% p.a. and guaranteed minimum crediting rate of 2.0% p.a.
- Protection from market downturns: A lifetime floor rate of 0% for the index account and a minimum crediting rate of 2.0% p.a.5
- Customise premium allocation between fixed account and index account as financial needs and risk appetites evolve. Customers have the option to change allocations every year after the first policy year.
- Loyalty crediting rate of 0.35% p.a. on the fixed account from the 11th year onwards.
1 Source: https://www.gbm.hsbc.com/en-gb/insights/global-research/the-rise-of-asian-wealth
2 For details on S&P 500 FC Index, please refer to: https://www.spglobal.com/
3 Subject to prevailing participation rates. The average participation rate is 70.0% in policy illustration, and the guaranteed minimum participation rate is 40.0%.
4 The S&P 500 FC TCA 0.5% Decrement Index (USD) ER (the “Index”) is a product of S&P Dow Jones Indices LLC or its affiliates (“S&P DJI”) and has been licensed for use by Prudential Assurance Co. Singapore (Pte) Ltd. (“Prudential”). S&P®, S&P 500®, US 500, The 500, iBoxx®, iTraxx® and CDX® are trademarks of S&P Global, Inc. or its affiliates (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”). Fast Convergence and FC are trademarks of BofA Securities, Inc. and/or its affiliates (“BofAS”). BofAS has licensed the Fast Convergence (FC) patented methodology and related trademarks to S&P DJI for use in the Index. Prudential’s products are not sponsored, endorsed, sold or promoted by S&P DJI, Dow Jones, S&P, BofAS or their respective affiliates, and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the Index. For details on S&P 500 FC Index, please refer to: https://www.spglobal.com/
5 This refers to Minimum Surrender Value (MSV) feature, please refer to Product Summary for details.
