Pru Life UK has launched its latest investment-linked insurance product, PRUMillion Flex, offering customers the flexibility to pay premiums over two years through various payment modes. The product combines financial protection and investment potential with a minimum annual premium of PHP 250,000. Wealth can grow faster with a high premium allocation to the investment component. Customers can choose a payment mode that best fits their financial capacity.
This latest product provides death benefit coverage of 5x the annual premium or 105% of the fund value, whichever is higher. Customers can still get 105% of the fund value once the policy reaches maturity at 85 years old as long as the insured is alive.
PRUMillion Flex is perfect for those who prefer short payment terms and avoid a significant one-time payment and those looking for alternative ways to grow their wealth. “We listened to our customers’ needs for a product that offers short-term payment with potential long-term gains. This inspired us to create PRUMillion Flex,” says Garen Dee, Vice President and Chief Product Officer at Pru Life UK. “With flexible payment options, high premium allocation, access to expertly-managed funds, and substantial coverage, customers can start building their million coverage in just two years. We hope PRUMillion Flex can help more Filipinos achieve their financial aspirations.”
PRUMillion Flex addresses the growing demand for financial solutions that ensure both wealth security and growth at a flexible pace.
For more information about this latest product, contact a Pru Life UK agent or visit www.prulifeuk.com.ph.
