PRURetirement Deferred Annuity Plan
Product Brochure
PRURetirement Deferred Annuity Plan is a Qualifying Deferred Annuity Policy (“QDAP”) certified by the Insurance Authority. On top of giving you a stable annuity income in the form of 10 or 20 years of monthly annuity in the future, the plan helps you with tax relief now as you save for your retirement.
Build your retirement fund flexibly with a range of premium payment, accumulation and annuity period options
Different death benefit settlement options to safeguard your family
You can choose how you would like us to pay the death benefit while the life assured is still alive through the Death Benefit Settlement Option; as a lump sum, in monthly instalments or a mix of both.
Please refer to here for more details of the Death Benefit Settlement Options
Smart Care Cover
Enjoy tax relief on your premiums
Extra features
Financial protection against accidental death
- If the life assured dies from an accident, we will pay 50% of the total premiums due and paid as Extra Accidental Death Cover
Unemployment Cover
- You can defer your premiums for a maximum of 365 days if you become unemployed in Hong Kong
Sign and go – no need for health information
- You do not need to give us any health information to sign up for this plan
Learn more
Plan options
|
Premium payment period |
Accumulation period |
Annuity period |
Benefit term |
Issue age (ANB) |
Currency option |
Minimum annual premium |
|
5 years
|
5 years |
20 years |
25 years |
46-75 |
USD |
USD 6,120 |
|
10 years |
30 years |
41-70 |
USD 6,180 |
|||
|
15 years |
35 years |
36-65 |
USD 6,100 |
|||
|
20 years |
40 years |
31-60 |
USD 6,100 |
|||
|
20 years |
10 years |
30 years |
31-60 |
USD 6,090 |
||
|
30 years |
40 years |
21-50 |
USD 6,070 |
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|
10 years
|
20 years |
10 years |
30 years |
31-60 |
USD 3,060 |
|
|
30 years |
40 years |
21-50 |
USD 3,040 |
Important information
Please also refer to our brochure on Shareholder-backed Participating Plans for more information including our investment and bonus philosophies and the operation of the Shareholder-backed Participating Fund.
During the sales process, this document should be read in conjunction with the relevant product brochure. For full terms and conditions, and risk disclosures of the relevant insurance plan, please refer to relevant product brochure and policy document and read carefully.
Notes
PRURetirement Deferred Annuity Plan is underwritten by Prudential Hong Kong Limited (“Prudential”). You can always choose to take out this plan as a standalone plan without enrolling with other type(s) of insurance product at the same time. This document does not contain the full terms and conditions of this plan and is for reference only. It does not represent a contract between Prudential and anyone else. You should read carefully the risk disclosures and key exclusions (if any) contained in this brochure. For further details and the full terms and conditions of this plan, please ask Prudential for a sample of the policy document.
Prudential has the right to accept or decline any application based on the information provided by the policyholder and/or life assured in the application.
Please cross your cheque and make it payable to “Prudential Hong Kong Limited”.
This document is for distribution in Hong Kong only. It is not an offer to sell or solicitation to buy or provide any insurance product outside Hong Kong. Prudential does not offer or sell any insurance product in any jurisdictions outside Hong Kong where such offering or sale of the insurance product is illegal under the laws of such jurisdictions.
