PRUVantage Legacy Index

A. Promotion Details

1. Definitions:

   1. “Prudential” means Prudential Assurance Company Singapore (Pte) Limited.
   2. “Promotion Period” means the period between 8 April 2025 and 30 June 2025 (both dates inclusive).
   3. “Inception Period” means the period between 8 April 2025 and 31 August 2025 (both dates inclusive).
   4. “Eligible Customer” means policyholder whose proposal for the Eligible Insurance Plan is submitted to Prudential during the Promotion Period and incepted by Prudential during the Inception Period having satisfied the eligibility criteria below.
   5. “Eligible Insurance Plan” means PRUVantage Legacy Index that meets the criteria as stated in the Promotion Table below. 
   6. “PRUPoints” means reward points on Prudential’s online rewards platform ("PRURewards") awarded to Eligible Customers. Points can be accumulated in accordance with the terms and conditions applicable on PRURewards for redemption of rewards ranging from e-vouchers to goods and services from participating merchants.
   7. “Promotion Table” means Promotion Table below.
      

      Promotion Table

      Eligible Insurance Plan	Premium Term	Extra Premium* (Excess above the initial annual premium)	PRUPoints^
      PRUVantage Legacy Index (Multipay)	5-year	At least 1x of annual premium	1.0%
      	10-year		2.0%

      
      Footnotes
      * Extra premium is the excess premiums received within the Promotion Period excluding the premium for the current year (initial annual premium). To qualify for the promotion, the excess premium must be at least one time of the annual premium.
      
      ^ The value of PRUPoints to be awarded to an eligible policy is calculated by multiplying the extra premium by the percentage applicable to the premium term and then by a factor of 100. All PRUPoints have an expiry of one year from date of issuance and 100 PRUPoints are equivalent to one Singapore dollar (S$1). This conversion may be subject to change without prior notice at Prudential's absolute discretion.

2. Eligibility
   To be eligible for the Promotion, the Eligible Customer has to satisfy the following requirements in order to receive PRUPoints (as defined in the Promotion Table):

   1. The Eligible Customer’s proposal for the Eligible Insurance Plan is submitted to and incepted by Prudential during the Promotion Period.
   2. This Promotion is valid for annual premium payment mode only as applicable to the Eligible Insurance Plan.
   3. The Eligible Customer is eligible to receive the reward only if at least one year of extra premium is paid in advance within the Promotion Period, excluding the premium for the current year (initial annual premium).
   4. PRUPoints are not applicable should the Eligible Insurance Plan be Not Taken Up and subsequently reopened, or the Eligible Insurance Plan has lapsed and subsequently reinstated.
   5. If the Eligible Customer’s proposal for any Eligible Insurance Plan fulfils the criteria of other promotions carried out by Prudential, the promotion with the higher value will be granted to the Eligible Customer (unless otherwise stated).

3. PRUPoints

   1. An Eligible Customer is entitled to receive the PRUPoints in accordance with the Promotion Table above.
   2. If a percentage is applied to compute the value of PRUPoints to be awarded to the Eligible Customer, the result will be rounded to the nearest whole number.
   3. All PRUPoints have an expiry of one year from date of issuance and 100 PRUPoints are equivalent to one Singapore dollar (S$1) on the platform. This conversion may be subject to change without prior notice at Prudential's absolute discretion.
   4. For this promotion, one US dollar (US$1) equals to 100 PRUPoints.

4. PRUPoints Redemption

   1. Prudential will issue a SMS or Email (“Redemption Notification”) to each Eligible Customer within three (3) months after the Promotion has ended or (3) months after the policy is incepted, whichever is later, provided that the Eligible Customer’s Eligible Insurance Plan purchased during the Promotion Period is in force as at the date of the Redemption Notification.
   2. Eligible Customers shall be solely responsible for ensuring that they provide Prudential with a valid mobile phone number and email address for the purpose of redemption. The Eligible Customer agrees and accepts that Prudential will not be responsible for any consequences arising from his/her failure to provide Prudential with a true, complete, and accurate mobile phone number and/or email address and/or notify Prudential of any change(s) to his/her mobile phone number and email address. 
   3. To redeem the awarded PRUPoints for the preferred rewards, Eligible Customers are required to login to their account with a valid email address to access PRURewards via Prudential corporate website. Details to set up the account for first-time users can be found in the Redemption Notification. 
   4. PRUPoints are valid for one year upon issuance. If an Eligible Customer fails to utilise his/her PRUPoints to redeem rewards within the validity period as set out in the Prudential online redemption platform, his/her PRUPoints will be forfeited, and the Eligible Customer shall not have any claim against Prudential for such forfeiture. 
   5. Further details of the redemption procedures will be set out in the Redemption Notification.
   6. The terms and conditions on PRURewards will be applicable during the PRUPoints redemption.

B. General Terms and Conditions

1. By participating in the Promotion, each Eligible Customer is deemed to have accepted and agreed to be bound by these Terms and Conditions contained herein and any other instructions, terms and conditions that Prudential may issue from time to time.
2. Prudential assumes no responsibility for incomplete, lost, late, damaged, illegible or misdirected forms or email communication, for technical hardware or software failures of any kind, lost or unavailable network connections, or failed incomplete, garbled or delayed electronic transmission which may limit an Eligible Customer’s ability to participate in the Promotion.
3. Prudential has the sole and absolute discretion to exclude any Eligible Customer from participating in the Promotion without any obligation to furnish notice and/or reason.
4. Prudential reserves the right to disqualify or disregard any Eligible Customer who does not comply with the Terms and Conditions. 
5. Prudential may at its discretion forfeit the PRUPoints, or, if already awarded, reclaim the PRUPoints at the expense of the Eligible Customer without payment, compensation, or having to give any reason whatsoever in the event Prudential subsequently discovers that the Eligible Customer is not eligible to participate in the Promotion and/or to receive the PRUPoints.
6. Rewards are subject to availability while stocks last. Prudential reserves the right to replace any PRUPoints with items of similar value at any time without prior notice.
7. Prudential shall not be liable for any loss of, damage to, defects, delay, mis-delivery or non-delivery of the PRUPoints.
8. Prudential reserves the right to deal with any unclaimed PRUPoints in any manner it deems fit. Prudential reserves the right to request for the Eligible Customers’ proof of eligibility, identity and/or otherwise for the purposes of verifying the Eligible Customer’s claim to the PRUPoints at the time of PRUPoints allocation. Prudential is under no obligation whatsoever to disclose the identity of the Eligible Customers or to publish the same for any reason at any point of time.
9. The PRUPoints are not exchangeable for cash, credit or any other items of equivalent value. The validity period of the PRUPoints is non-extendable. Prudential will be under no obligation to replace or pay to Eligible Customers the value of any PRUPoints that are not utilised by the Eligible Customers before the end of the validity period of the PRUPoints as may be stipulated by Prudential and/or relevant merchants.
10. The Promotion is not valid in conjunction with other promotions carried out by Prudential. 
11. By participating in this Promotion, each Eligible Customer agrees and consents under the Personal Data Protection Act (Cap 26 of 2012) to the collection, use and disclosure of any and all personal data of the Eligible Customer by/to Prudential, advertising and promotional agencies of the Promotion and such other third party, in Prudential’s absolute discretion, consider appropriate or necessary in connection with the Promotion and redemption of PRUPoints. 
12. If an Eligible Customer provides Prudential with personal data of any third party, that Eligible Customer hereby:
    1. Agrees on behalf of that third party to be bound by the Terms and Conditions contained herein; and
    2. Consents on behalf of that third party, to Prudential’s collection, use, disclosure and processing of his/her personal data in accordance with the Terms and Conditions contained herein.
    The Eligible Customer warrants that he/she has obtained the said third party’s prior consent to such collection, use, disclosure and processing of his/her personal data by Prudential and that the personal data that the Eligible Customer provides to Prudential is true, accurate and complete.
13. Prudential shall not be liable for any third party’s misuse of the Eligible Customer’s submitted information and photograph as a result of the Eligible Customer taking part in the Promotion.
14. Unless prohibited by law, participation in the Promotion constitutes permission for Prudential, its advertising and promotional agencies to use any of the Eligible Customer’s names, and/or likeness for advertising and promotional purposes. Each Eligible Customer further agrees and acknowledges that the copyright and all other intellectual property rights in and to all photographs or audio-video or other recordings of the Eligible Customer taken or made in connection with the Promotion shall vest solely and absolutely in Prudential without any compensation to the Eligible Customer.
15. Prudential may at any time at its absolute discretion, without prior notice or assigning any reason thereof or being liable to any person, (i) suspend, cancel or terminate the Promotion, or (ii) delete, vary, supplement, amend, modify any one or more of the terms and conditions of the Promotion. Prudential’s determination of all matters in connection with the Promotion and the PRUPoints shall be final, binding and conclusive. Prudential is not obliged to give any reason or prior notice on any matter concerning the Promotion or the PRUPoints.  No appeal, correspondence or claims will be entertained. Prudential has the right and discretion to determine whether a party has met the requirements of the Promotion and/or to receive the PRUPoints. Eligible Customers shall not be entitled to any damages or compensation whatsoever or howsoever arising as a result of such amendment, suspension or termination.
16. By participating in the Promotion, all Eligible Customers agree and undertake to, at all times, indemnify, keep indemnified, and hold Prudential, its employees and agents harmless against all losses (including direct, indirect, incidental and/or consequential losses), damages (including general, special, and/or punitive damages), demands, injuries (other than personal injury caused by Prudential’s negligence), claims, costs, penalties, interest and fees (including all legal fees as between solicitor and client or otherwise on a full indemnity basis whether or not incurred in respect of any real, anticipated, or threatened legal proceedings), howsoever caused by, arising or resulting from, whether directly or indirectly, their participation in the Promotion, acceptance or usage of any PRUPoints, and/or any breach or purported breach of these terms and conditions and/or any applicable law.
17. Prudential makes no warranty or representation as to the quality, merchantability or fitness for the purpose of the merchants’ goods and services in respect of the rewards.  Any dispute about the same must be resolved directly with the merchant. Merchant terms and conditions apply.
18. In the event of any inconsistency or discrepancy between the Terms and Conditions and the contents of any brochure, marketing and/or promotional materials relating to the Promotion, these Terms and Conditions shall prevail.
19. Any trademarks, graphic symbols, logos or intellectual property contained in any materials used in connection with this Promotion, in particular the PRUPoints, are the property of their respective owners. Prudential is not affiliated with, or endorsed or sponsored by, such owners and their relevant affiliates.
20. Failure by Prudential to exercise any of its right or remedy under these Terms and Conditions does not constitute a waiver of that right or remedy.
21. The Terms and Conditions shall be governed by Singapore law and the Eligible Customers agree to submit to the exclusive jurisdiction of the courts of Singapore. 
22. A person who is not a party to any agreement governed by these terms and conditions shall have no right under the Contracts (Right of Third Parties) Act (Cap 53B) to enforce any of these terms and conditions. 

You are recommended to read the product summary and seek advice from a qualified Prudential Financial Representative for a financial analysis before purchasing an insurance policy suitable to meet your needs. As buying a life insurance policy is a long-term commitment, an early termination of the policy usually involves high costs and the surrender value, if any, that is payable to you may be zero or less than the total premiums paid.

This website is for reference only and is not a contract of insurance. Please refer to the exact terms and conditions, specific details and exclusions applicable to this insurance product in the policy documents that can be obtained from your Prudential Financial Representative.

In case of discrepancy between the English and other language versions of the product brochures, the English version shall prevail.

The information contained on this website is for distribution in Singapore only and shall not be construed as an offer to sell or solicitation to buy or provision of any insurance product outside Singapore.

This policy is protected under the Policy Owners’ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact your insurer or visit the GIA/LIA or SDIC web-sites (www.gia.org.sg or www.lia.org.sg or www.sdic.org.sg).

Information is correct as at 8 April 2025.

This advertisement has not been reviewed by the Monetary Authority of Singapore.

Index Disclaimer:
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