Legacy Planning

Legacy Settlement Option

Decide exactly how your loved ones receive your legacy.

The Legacy Settlement Option is a free facility on eligible Prudential policies that lets you structure how your death benefit is paid out — as a lump sum, structured instalments over 5–35 years, or milestone-based payouts tied to life events.

Why this plan

Key Benefits

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Lump Sum

The classic option: your nominees receive the full benefit immediately, in their chosen proportions.

📆

Structured Instalments

Monthly or yearly instalments over 5 to 35 years — like a continuing salary for your family, protecting them from spending the benefit too quickly.

🎓

Milestone-Based Payouts

Release funds when nominees reach life events you choose — such as university graduation or marriage (up to 3 events per nominee).

Plan Highlights

  • Free to set up on eligible Prudential policies
  • Mix payout styles per nominee — each can be different
  • Instalments from 5 to 35 years, monthly or yearly
  • Leave a customised personal message for your nominees
  • Update the arrangement as your wishes change

Who is this for?

👤 Parents with young children
👤 Anyone concerned about lump-sum mismanagement
👤 Purpose-driven legacy planners
Good to know

Frequently Asked Questions

No — the Legacy Settlement Option is a free facility available on eligible Prudential policies.
Yes, as the policyowner you can update the arrangement. Nominees cannot change the structure you've set (except in limited circumstances defined by the policy).
The arrangement adjusts proportionally based on the actual policy moneys payable at claim — your intended structure is preserved.

Product information is a summary for reference only. Benefits, terms and conditions are governed by the policy document. Ask Annabel for the full product disclosure sheet and a personal illustration.

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