Pru Life UK, a leading life insurer in the Philippines, introduces a groundbreaking product tailored to provide Filipinos with comprehensive life insurance coverage while offering returns comparable to high-yielding time deposits. Named PRULove Wealth, this new offering ensures a 4% annual cash payout, 100% cash back, and up to 125% insurance coverage.
PRULove Wealth guarantees a stable 4% annual payout regardless of market conditions, providing customers with a reliable source of income to celebrate life’s milestones, enhance personal savings, and bolster financial security for their families. Moreover, customers can rest assured knowing that their principal investment is safeguarded, with a 100% cash back guarantee upon maturity of the policy or after the 7-year coverage period.
Allan Tumbaga, Executive Vice President and Chief Customer & Marketing Officer, states, “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.”
Designed for convenience, PRULove Wealth appeals to customers seeking a hassle-free, one-time payment life insurance product that ensures a steady cash flow and a secure legacy, unaffected by market volatility.
In maintaining its position as an industry leader, Pru Life UK continues to excel in New Business Annual Premium Equivalent & total Premium Income from Variable Life Insurance products, as confirmed by the Insurance Commission’s Life Insurance Sector Quarterly Statistics for Q3 2023.
Pru Life UK recently won the Stevie Award for extending free insurance to Filipino newborns.
Those interested in learning more about PRULove Wealth can speak with a Pru Life UK agent today or visit www.prulifeuk.com.ph.
*Terms and conditions apply. Offer subject to availability.
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