Information on Death Benefit Settlement Option (for selected products)

With the Death Benefit Settlement Option, you can now choose to pay your beneficiary the death benefit in a lump sum or as a series of monthly instalments or a mix of the two. If you choose the monthly instalment option, your beneficiary will receive the death benefit by a fixed amount on a monthly basis and earn an interest on the remaining death benefit amount. With effect from 5 January 2018, the interest rate is 1.0% p.a.

Note : The above interest rate is determined by Prudential at its sole discretion and is subject to change from time to time.

Introduction to the Death Benefit Settlement Option
Products applicable for the Death Benefit Settlement Option