PRUSelect is an investment-linked plan (ILP) that allows policyholders to choose from varying portfolios with 4 different risk types ranging from low, low to medium, medium to high, and higher. Criteria Minimum investment amount of $350 per month Minimum investment period of 10 years Minimum age of the life insured is 1 year old General Features Premium Payments PRUSelect offers fixed premium payment terms of 10, 15 or 20 years that has to be decided when you apply for the policy. Over the span of your payments, 100% of these regular premiums will be channelled into purchasing units from the fund of your choice. Annually, there is a minimum amount of $4,200 and a maximum amount of $6,000 in regular premiums to be invested by the policyholder. Initial Account VS Accumulation Units Account Before we get confused about these jargons, let us go through a brief summary of...