| Prudential Standards | Application |
| PS 3 Prudential Capital Requirement | All life companies (including friendly societies) |
| LPS 1.04 Valuation of Policy Liabilities(formerly AS 1.04) | All life companies (including friendly societies) |
| LPS 2.04 Solvency Standard (formerly AS 2.04) | All life companies (including friendly societies) |
| LPS 3.04 Capital Adequacy Standard (formerly AS 3.04) | All life companies (including friendly societies) |
| LPS 4.02 Minimum Surrender Values and Paid-up Values (formerly AS 4.02) | All life companies (including friendly societies) |
| LPS 5.02 Cost of Investment Performance Guarantees (formerly AS 5.02) | All life companies (including friendly societies) |
| LPS 6.03 Management Capital Standard (formerly AS 6.03) | All life companies (including friendly societies) |
| LPS 7.02 General Standard (formerly AS 7.02) | All life companies (including friendly societies) |
| LPS 220 Risk Management | All life companies (including friendly societies) |
| LPS 230 Reinsurance | All life companies (including friendly societies) |
| LPS 231 Outsourcing | All life companies (including friendly societies) |
| LPS 232 Business Continuity Management | All life companies (including friendly societies) |
| LPS 310 Audit and Actuarial Requirements | All life companies (including friendly societies) |
| LPS 350 Contract Classification for the Purpose of Regulatory Reporting | All life companies (including friendly societies) |
| LPS 510 Governance | All life companies (including friendly societies) |
| LPS 520 Fit and Proper | All life companies (including friendly societies) |
| LPS 900 Consolidation of Prudential Rules Nos. 15, 18, 22, 27 and 28 | All life companies (other than friendly societies) |
| LPS 902 Approved Benefit Fund Requirements | All life companies that are friendly societies |
