Our Bonus Philosophy

Policyholders of the Shareholder-backed Participating Plans shall enjoy a fair share of the relevant experience of the Fund through the addition of non-guaranteed bonus. We aim to protect all policyholders’ respective rights and reasonable expectations by providing payments that are fair between different groups of policyholders. While the value of the Plan is mostly affected by the overall performance of the Fund, smoothing may be applied to produce a more stable return over the long-term.

Introduction to Shareholder-backed Participating Plan

Please refer to our brochure for more information (such as investment philosophy and bonus philosophy) on your Shareholder-backed Participating Plan and the operation of the Shareholder-backed Participating Fund.

List of Shareholder-backed Participating Plans

The following list shows the Shareholder-backed Participating Plan products provided by Prudential. It will be updated from time to time in accordance with the currently available Shareholder-backed Participating Plan products. For further details, please contact your consultant.

Currently Available Plans
Plans Ceased for Sale
  • PRUhealth critical illness multi-care prestige
  • PRUHealth Critical Illness First Protect
  • PRUcrisis cover lifelong protector
  • PRUcrisis cover smartchoice
  • PRUcrisis cover smartchoice extra
  • PRUhealth critical illness care
  • PRUhealth critical illness extended care
  • PRUHealth Critical Illness Extended Care II
  • PRUhealth critical illness multi-care
  • PRUhealth critical illness smartchoice
  • PRUhealth critical illness protector
  • PRUmyhealth crisis lifelong care
  • PRUmyhealth crisis multi-care
  • PRUmyhealth lifelong crisis protector

Currently Available Plans

QDAP

Plans Ceased for Sale
  • PRUlife monthly income plan
  • PRUmyretirement monthly income plan
  • PRUmyretirement RMB annuity income plan
  • PRUmyretirement wealth income plan
  • PRUretirement enriched income plan

Understand Plan Performance

Long-term Average Actual Total Internal Rate of Return

The Long-term Average Actual Total Internal Rate of Return represents the track records of PHKL participating policies with longer history which are calculated as the average of relevant sample policies’ actual total internal rate of return at the 20th policy year.

Total Cash Value (TCV) Ratio

The TCV ratio is calculated as the ratio of actual total cash value declared, which includes guaranteed cash value and corresponding non-guaranteed elements of the product, against the illustrated amount at the point of sale.

Fulfillment Ratio

The fulfillment ratios indicate how the non-guaranteed benefits of the policies effective in the respective year compare with the illustrated amount at the point of sale.