PRULink Exact Protector
PRULink Exact Protector (PEP) is a limited-pay investment-linked life insurance product that provides living, disability, and death benefits through its protection and investment components. Available in peso and US dollar denominations and payable in 5, 7, 10, or 15 years – PEP allows easier and more efficient planning for your financial future.
Build a plan based on your needs
Customize and power up your plan with a wide selection of optional benefits.
Enjoy a loyalty bonus
For years 11 to 15, a percentage of the annual premium will be given to buy additional units and increase the fund value of your policy.
Pay no surrender charges
Incur no charges upon partial or full withdrawal of the fund value of the policy.
Enjoy flexible payment terms
Pay for your plan in 5, 7, 10 or 15 years, either in peso or dollar denomination.
PRODUCT FEATURES
PRODUCT FEATURES
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Payment term
Pay for your plan in 5, 7, 10, or 15 years.
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Duration of coverage
The duration of the coverage is up to age 100.
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Age requirement
The plan is eligible for applicants from 0 (7 days) to 70 years old.
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Minimum annual* payment
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For PRULink Exact Protector, payment starts at PhP 45,000 or USD 600.
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For PRULink Exact Protector – Low Premium, payment starts at PhP 22,000.
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*Other payment frequency options available
Core benefits
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Death benefit
Description should be sum assured plus the fund value; 125% of all top-ups less 125% of all withdrawals on the top-up units.
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Maturity benefit -
Sum assured plus the fund value
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Accelerated Total and Permanent Disability
A cash benefit deducted from the base plan and paid in advance in case of sickness or injury
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Accidental Death and Disablement
An additional cash benefit in case the insured meets an accident that resulted to death or disability
Protection against accident, death, and disability:
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Future Safe - provides a guaranteed 5% increase in base plan coverage compounded every policy anniversary starting immediately on the rider effectivity date. The benefit amount will continue to increase until it reaches the max amount or 50% of the base plan sum assured
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Personal Accident - a comprehensive accident rider that gives cash benefit in the event the insured suffers injuries, disability, or death due to accidents
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Payor Term - an additional cash benefit given if the payor stated in the policy dies
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Payor Waiver - an exemption from paying the premium on the policy for those insured ages 25 and below if the payor stated in the policy dies or becomes totally and permanently disabled
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Waiver of Premium on Total and Permanent Disability - an exemption from paying the succeeding premiums if the insured becomes totally and permanently disabled due to bodily injury or disease
Protection against critical illness:
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Crisis Cover Benefit - a cash benefit deducted from the base plan and paid in advance if the insured has been diagnosed with or has undergone surgery due to any of the 15 pre-identified critical illnesses
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Life Care Benefit - a cash benefit deducted from the base plan and paid in advance in case the insured is diagnosed with or has undergone surgery due to any of the 36 pre-identified critical illnesses
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Life Care Plus - a cash benefit paid to the insured who has been diagnosed with or has undergone surgery due to any of the 36 critical illnesses covered
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Life Care Advance Plus - a cash benefit of 25% of the rider benefit amount paid in advance if the insured is diagnosed with any of the 10 identified early stage critical illnesses. This can be availed up to four times if it’s for different early stage conditions
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Multiple Life Care Plus - a cash benefit given if the insured is diagnosed with or has undergone surgery due to any of the 36 critical illnesses covered. This can be availed up to three times, provided the illnesses fall under separate categories as defined by this benefit
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Life Care Waiver - an exemption from paying the succeeding premiums for those insured who have been diagnosed with a critical illness or has undergone surgery due to critical illness
Protection against hospital expenses:
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Hospital Income – a cash benefit for each day of hospital confinement due to injury or illness. This may be upgraded by adding other riders such as the Intensive Care Unit Benefit, Long-Term Hospitalization Benefit, and Surgical Expense Reimbursement.
OPTIONAL BENEFITS
Important Considerations
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Pre-existing Conditions – medical conditions, injuries or illnesses that you already have before purchasing Life Care Advance Plus (LCAP), Multiple Life Care Plus (MLCP) and/or Hospital Income (HI) benefits will not be covered.
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Plan Exclusions – this plan and other optional benefits attachable to it has other conditions and exclusions that may affect the payment of the insurance proceeds.
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Free-look Period – you have 15 days from the date you receive your Policy Data Page to decide if LCAP, MLCP and/or HI benefits are for you. If you advise us that you wish to discontinue your coverage within this period, we will refund the benefit premium you paid in full.