PRUprotector Plan is a long-term life insurance product. This product is designed to assure You and Your family from Undesired Conditions which are likely to happen at any time in Our life. As a combination of protection and investment, PRUprotector Plan provides fresh money for You and Your family when required, while your investment fund is running. The most interesting part of this product is the payment period. You only need to pay the premium for 10 years whereas Your Life Protection will be covered for the next 10 years.
Benefits of PRUprotector Plan
Death allowance, will be paid the Sum Insured and the Accumulated Depository Fund Premium (if any) outright.
Death allowance from an accident, will be paid twice as much as the Sum Insured. So the total insurance benefits will be three times as much as the Sum Insured.
Besides, there are additions of insurance benefit being once of the Sum Insured so that the total insurance benefit will be four times as much as the Sum Insured, if such accident occurs when you are traveling by pubic transportation along the commonly taken routes, when in an elevator, due to the burning of a theater, hotel, and other public buildings.
Allowance for total and permanent disablement
Unless you have filed any claims within the first 10 years, You will be entitled to bonus equal to two-time Premium of the first year Depository Fund and the coverage for death will still be paid up to the 20th year if You reach the 20th year, will be paid the accumulated Depository Fund Premium (if any).
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