Customers
also get 100% cash back and up to 125% coverage with PRULove Wealth
Leading life insurer Pru
Life UK launches a new product designed to provide Filipinos life insurance
coverage while also allowing them to earn returns with rates comparable with
those from a high-yielding time deposit. PRULove Wealth uniquely offers 4%
annual cash payout, 100% cash back, and up to 125% insurance coverage.*
Regardless of market conditions, customers can rely on a guaranteed 4% annual payout based on the single premium paid. PRULove Wealth complements their traditional bank deposit and fixed income-generating financial assets. The steady earnings assure them and their families cash to celebrate life's milestones, boost personal savings, and provide an extra layer of financial cushion.
Customers’ principal money is secured with 100%
cash back guarantee or return of the premium paid if the insured is still
around after the 7-year insurance coverage period or maturity of the policy.
The cash back gives comfort to families of a stable financial future.
The life insurance coverage of up to 125% based
on the single premium gives the customers wealth protection for their families.
Whatever happens to the insured, the beneficiary gets the whole proceeds up to
25% higher than the principal.*
"PRULove
Wealth solidifies our unwavering commitment to being the Filipino families'
most trusted partners and protectors by providing financial solutions that
address their evolving needs. With the guaranteed benefits of our new product,
we aim to help more customers achieve financial protection and their wealth
aspirations,” shares Allan Tumbaga, Executive Vice President and Chief
Customer & Marketing Officer.
PRULove Wealth can help customers who want a
convenient one-time pay life insurance product that reaps an uninterrupted flow
of cash and secured legacy without worrying about market volatility.
Pru Life UK maintains its industry's top position
in New Business Annual Premium Equivalent & total Premium Income from
Variable Life Insurance products according to the Insurance Commission’s Life
Insurance Sector Quarterly Statistics for Q3 2023.
Its wide range of products is accessible through
its over 42,000 digitally-empowered agency force and like-minded ecosystems and
digital partners.
To know more about PRULove Wealth, talk to a Pru
Life UK agent today or visit www.prulifeuk.com.ph.
*4% payout and
125% insurance coverage based on single premium paid.
Product terms
& conditions including on cash back apply.
Limited time offer and subject to availability.
About Pru Life UK
Established in 1996, Pru Life UK is the pioneer of
insuravest, or investment-linked life insurance products, in the Philippines and
is one of the first life insurance companies approved to distribute US
dollar-denominated investment-linked life insurance policies in the country.
Since its establishment, Pru Life UK has expanded its reach to over 170
branches and general agency offices in the Philippines, with the largest life
insurance agency force with more than 42,000 licensed agents.
The company ranks #1 for New Business Annual Premium
Equivalent and Total Premium Income from Variable Life Insurance Products
according to the Insurance Commission’s Life Insurance Sector Quarterly
Statistics for Q3 2023. Pru Life UK is headquartered in Uptown Bonifacio,
Taguig City
Pru Life UK and Prudential are not affiliated with
Prudential Financial, Inc. (a company whose principal place of business is in
the United States of America), Prudential Assurance Company (a subsidiary of
M&G plc, a company incorporated in the United Kingdom), Philippine
Prudential Life Insurance Company, Prudentialife Plans, Inc. or Prudential
Guarantee and Assurance, Inc. (all Philippine-registered companies). Pru Life
UK is a life insurance company and is not engaged in the business of selling
pre-need plans. For more information: www.prulifeuk.com.ph
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