Insurance

Saturday, July 17, 2010

How does Prudential pay the Annual Claim Bonus ?

By default, the PRUHealth annual Non Claim Bonus (NCB) will be paid at every anniversary of the policy start date.

The full NCB amount will be deposited into your Investment Unit Account (IUA). You can have a choice of leaving it in the IUA to be invested (gaining attractive compounded returns that can be cashed out later) OR withdraw for any purpose. For withdrawal allow up to 3 working days to get the cheque.
 

Note: There is no service tax or charges imposed by Prudential on the NCB amount

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