PRUActive Retirement II
Prudential's customisable retirement plan offers non-decreasing monthly income potential.
PRUActive Retirement II is Prudential Singapore's customisable retirement insurance plan. It lets policyholders select a single premium or regular premium term, choose a payout age from 50 to 90, and set a payout period of 10, 15, 20, 25 or 30 years. The plan is designed so monthly income does not decrease year on year, subject to participating fund performance, and includes features such as Accidental Disability Benefit and Surviving Spouse Benefit. SRS funds can be used for the single premium payment option.
Prudential has built this plan around customisation, and that is its strongest point. The range of payout ages and payout periods is broader than many plans, making it suitable for buyers who are actively modelling different retirement scenarios. The disability and spouse continuity features are also sensible additions. The trade-off is that the step-up income element depends on participating fund performance, so conservative buyers should focus first on the guaranteed income schedule.
It earns a high rank for flexible payout design, broad retirement age choices and useful continuity features from a well-established insurer.