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Atty. Pelagio T. Ricalde Corporate Lawyer
 
 
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SETTLEMENT OPTIONS

Wealth Multiplier Plan
  • The Maturity Value is released on the the Maturity Date
  • The Fund Dividends may be redeemed in a single-payment amount together with the Maturity Value, on the maturity date; or as cash value at five (5)-year intervals.
Wealth Builder Plan

Lump Sum
  • Planholder receives the Annual Cash Benefit and total Maturity Value as scheduled.
Interest Option
  • The Planholder continuously receive monthly interest on the yearly cash benefit at the rate agreed upon with Prudentialife for as long as the Planholder wishes. The same arrangement can also be applied to the Maturity Benefit.
Fund Series Plan

Lump Sum
  • Planholder receives total Maturity Value on the Maturity Date
Interest Option
  • The Planholder may receive interest on the Maturity Value based on the prevailing interest rate to be determined by PRUDENTIALIFE at Maturity Date. At the end of interest payment term, Planholder will receive the full amount of the Maturity Value.
  • Should the Planholder subsequently decide to withdraw the maturity value, he may do so, but only upon prior written notice of three (3) months to Prudentialife.
Partial Withdrawal
  • Planholder withdraws any desired amount from his MV (Maturity Value) on MD (Maturity Date).

If no choice is made and conveyed to Prudentialife by the Planholder on or before the maturity date, the Lump Sum settlement option shall be implemented.

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