Why change the dividend allocation of a life insurance policy via myPrudential

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How to change dividend allocation of a life insurance policy

You can log in to myPrudential, and complete the following steps (only applicable to PRUflexilife protection plan):

Step 1: Select “Change Dividend Allocation”

1. Click the menu button in the top right corner and select “Policy Services”

2. Click “Maintenance”

3. Click “Change Dividend Allocation”

Step 2: Select the life insurance policy to update

(Only applicable to PRUflexilife)

Click the life policy that requires changing in dividend allocation

Step 3: Confirm the policy change notification, verify contact details, and agree to the important notes of change dividend allocation

1. Confirm the policy change notification and verify contact details, then click “Continue”

2. After agreeing to the important note of change dividend allocation, click “Next”

Step 4: Select investment choices and allocation percentages

1. The screen displays existing investment choices; you can reallocate percentage or add new investment choices

2. Click “Select investment choice” and search for investment options by specific criteria

3. Select investment choice

4. Enter the allocation percentages

Step 5: Verify the information and agree to the “Personal Information Collection Statements”

1. Check the boxes to agree to the “Personal Information Collection Statements”, and click “Next”

2. After verifying the information, click “Confirm and send OTP”

Step 6: One-time passcode (OTP) verification

The one-time passcode will be sent via SMS. After entering the code, click “Submit”

Step 7: Request has been successfully submitted

Submission confirmation