News Daily

The Times

News from Asia

  • Written by Media Outreach
SINGAPORE - Media OutReach Newswire - 20 July 2026 - Prudential Singapore ("Prudential") has launched PRUApex Legacy Index II, an indexed universal life plan (IUL) designed for affluent and high-net-worth customers seeking more options to grow and preserve their legacy and structure wealth transfer for the next generation.

Customers can customise how their legacy grows and is passed on, with multiple index allocations, death benefit payout structures, and premium terms. They are also supported by an additional crediting rate of 0.25% p.a. for indices with uncapped returns[1] (i.e. volatility-controlled indices), and a one-time bonus crediting rate of up to 6.50%[2] on total account value after the end of premium term for a fully paid policy on multipay premium payment term.

Ms Toni Fung, Chief Customer and Marketing Officer, Prudential Singapore, said: "Affluent and high-net-worth individuals are increasingly looking for legacy planning solutions that will evolve with their changing life priorities, giving them greater certainty, control and confidence over how their legacy is passed on to the next generation. Today, when they want to make any changes, it means having to purchase new policies or restructure existing portfolios. PRUApex Legacy Index II addresses this need for flexibility, allowing customers to build a resilient legacy through diversified growth potential across multiple indices. It also helps to future-proof their plans with flexible death benefit payout structures."

Diversified growth potential across markets and asset classes PRUApex Legacy Index II allows customers to diversify and allocate premiums across a mix of indices, offering broader market exposure across the United States (US), Europe, and emerging markets (e.g. China, South Korea and Brazil), as well as a gold-equity index. They have access to indices with both capped and uncapped returns (i.e. volatility-controlled indices that have no cap on potential gains[1]) that meet their legacy planning needs, and the flexibility to balance stability and growth potential based on their risk appetite.

Ms Fung added: "We were the first insurer in Singapore to introduce a volatility-controlled index (i.e. index with uncapped returns[1]) in an indexed universal life plan two years ago. With PRUApex Legacy Index II, we are expanding the range of index options available to customers, giving them more ways to grow and protect their legacy through familiar indices with capped returns, such as the S&P 500, and indices that provide higher stability through their volatility-controlled design while offering uncapped return[1] potential."

Customers who prefer a standard market index can opt for indices such as the S&P 500[3][8], MSCI Emerging Markets[3][8], and EURO STOXX 50[3][8]. If they are looking for indices with uncapped returns[1] that provide a stable, pre-determined level of risk, they can choose from volatility-controlled indices including the S&P 500 FC[4][8], UBS MASTR[5][8], Barclays Shiller Allocator[6][8] and MSCI World Golden Compass[7][8].

Future-proofing legacy planning with flexible design PRUApex Legacy Index II gives policyholders more flexibility over how death benefits are paid out. Instead of receiving the full amount as a single lump sum, beneficiaries can receive payouts in one lump sum, or in yearly instalments of 2 to 10 years to provide continued support for their loved ones.

Customers can choose from single-premium and multipay options for up to 20 years. This gives them more choices based on their liquidity needs, legacy planning priorities, and preferred pace of premium commitment.

For the Fixed Account, there is a first-year Crediting Rate of 4.20% p.a. & Guaranteed Minimum Crediting Rate of 2.00% p.a.

Affluent and high-net-worth customers can kickstart their legacy planning with PRUApex Legacy Index II with a sum assured as low as US$500,000.

For more information on PRUApex Legacy Index II, please visit: https://www.prudential.com.sg/products/legacy-planning/pruapex-legacy-index-ii

[1] Subject to prevailing Participation Rate. Please refer to Product Summary for details.

[2] The one-time Bonus Crediting Rate amount is based on the policy's multipay premium term.

[3] Subject to a Cap Rate of 9.0%, 10.5% and 11.0% for S&P 500 Index, Euro Stoxx 50 Index and MSCI Emerging Markets Index respectively which are not guaranteed. Guaranteed Minimum Cap Rate of 3.0% applies.

[4] Refers to the S&P 500 FC TCA 0.50% Decrement Index (USD) ER. Guaranteed Minimum Participation Rate of 40% applies.

[5] Refers to the UBS Multi Asset Strategy Tactical Rotation Index. Guaranteed Minimum Participation Rate of 70% applies

[6] Refers to the Shiller Barclays CAPE® Allocator 6 Dynamic Risk Control Index Guaranteed Minimum Participation Rate of 65% applies.

[7] Refers to the MSCI World Titans Golden Compass Select Index. Guaranteed Minimum Participation Rate of 35% applies

[8] Cap Rate, Participation Rate, Guaranteed Minimum Cap Rate and Guaranteed Minimum Participation Rate are subject to change.

Hashtag: #PrudentialSingapore #Prudential #PRUApexLegacyIndexII #Product #Insurance #LegacyPlanning #Affluent #HNW

The issuer is solely responsible for the content of this announcement.

Read more

Split Corrugated Conduit for Flexible Cable Protection

For wiring assemblies in vehicles, machinery and equipment, choosing suitable cable protection helps keep cables organised and reduces direct contact with surrounding parts. Mojak Plastics supplies plastic tubing and conduit options for different installation needs, and split corrugated conduit can... Read more

Trailers Melbourne Buyers Can Compare: When Box Trailers Make Sense

For many homeowners, businesses and tradespeople, trailers Melbourne customers use every week need to be versatile enough for changing loads. A box trailer can be particularly useful because its enclosed sides help contain cargo while providing a straightforward loading area... Read more

Bottle Label Printing That Balances Design and Readability

Product labels need to attract attention while making information easy to find and understand. On a bottle, the available space may be limited by the container’s shape, so every design decision matters. Bottle label printing should account for visual hierarchy... Read more

Office Cleaning Melbourne: Planning a Consistent Workplace Routine

Businesses looking for office cleaning Melbourne need a plan that reflects the way their workplace operates. A clean office supports day-to-day organisation, helps shared spaces remain presentable and gives employees and visitors a more orderly environment. Eco Green Cleaning Management... Read more

Pinboard Solutions for Offices, Schools and Shared Information Spaces

Why a Pinboard Remains Useful A pinboard provides a simple way to display information that needs to remain visible without being rewritten. Lawdex supplies fabric and cork options for offices, schools, staff areas and other environments. A pinboard can be used... Read more

Retractable Hose Reel: A Practical Guide To Choosing The Right Hose Storage

A retractable hose reel can make hose storage more organised, accessible and practical in workshops, commercial facilities, service areas and other working environments. Instead of leaving a hose coiled across the floor or requiring staff to manually wind it after... Read more