Insurance is a thing that scares or puts off some people, especially those who think they are invincible like Superman. But you can never be too confident about what life brings you. Even if you are young and in the prime of life, it’s best to be prepared about sudden turn of events, like meeting accidents or even being sick.
This is the reason why leading British life insurer Pru Life UK has introduced its latest product called YOUR TERM, an affordable yearly renewable term insurance which is customizable to fit the protection and investment needs of customers. This is in line with the company’s aim to make life insurance more accessible and affordable to Filipinos.
For as low as PhP 8,000 per year, customers may enjoy a basic coverage of up to PhP 3 million. They can also make their PRUlife your term coverage more comprehensive by availing of various supplementary benefits, including protection against the debilitating financial blow of an accidental death or disability, hospitalization and critical illness.
In photo discussing Pru Life’s term insurance offering are Gretchen Ho, Pru Life UK Senior Vice President and Chief Marketing Officer Allan Tumbaga, and Pru Life UK Assistant Vice President for Product Management Daryl Adigue
As the only term product in the industry that can be upgraded with an investment rider, PRUlife your term has the potential to help customers expand their wealth and help them reach their financial goals.
From the second policy year onwards, customers may upgrade their plans by converting to any of Pru Life UK’s wide array of insuravest or investment-linked life insurance, which combines lifetime protection with investment.
“With PRUlife your term’s flexibility, millennials and young professionals who are yet to have any insurance coverage can now also enjoy the benefits of a life insurance plan and at the same time choose to expand its scope with additional protection and investment benefits to meet their life’s goals, ” said Pru Life UK President and Chief Executive Officer Antonio De Rosas.
“Our customers can rely on the 170-year legacy and reliability of our parent company Prudential plc as well as Pru Life UK’s expertise in securing the financial well-being of Filipinos. Millennials and young professionals can be assured they can start their journey to financial freedom with us,” De Rosas noted.
Of course, the product is not only limited to young people but also senior citizens who can purchase the product after a health assessment.
To know about PRUlife your term and Pru Life UK’s suite of products and services, please visit www.prulifeuk.com.ph or ask your Pru Life agent.