If you are paying your Prudential insurance premium by GIRO in Singapore, why not consider switching it to payment by credit card (Visa or Mastercards issued by Standard Chartered Bank, DBS/POSB, Maybank, UOB or Citibank) and earn yourself some reward points or cash rebates? I have recently carried out this change successfully and here’s how it is done.
Basically, there are 2 forms to be completed and mailed back to Prudential:
Application for Alteration Form 1
1) Download “Application for Alteration Form 1 [PDF]” to cancel your existing GIRO payment arrangement
2) Complete the following fields found in the form:
- Policy Number(s)
- Name of Life Assured
- Financial Consultant’s Code and Name
- Change the payment method to cash/cheque
- Signature of Policyowner and Trustee(s)/Assignee(s)
- Date
Application for Regular Premium Payment by Credit Card
3) Download “Application for Regular Premium Payment by Credit Card [PDF]” to setup payment by credit card
4) Complete the following fields found in the form:
- Name
- Office / Home No(s)
- NRIC / Passport Number
- Handphone No(s)
- Name (as in Credit Card)
- Visa / MasterCard Number
- Credit Card issuing Bank (“Bank”)
- Expiry Date (MM/YY)
- Policy No.
- Total number of policies
- Cardholder’s Signature
5) Mail these 2 forms (together) to Prudential at:
Prudential Assurance Company Singapore (Pte) Limited
Robinson Road P.O. Box 492
Singapore 900942
The link has been updated as follows: http://www.prudential.com.sg/corp/prudential_en_sg/resources/downloads/applicationforms/CC_RPP_Form.pdf