Cover Pru Life UK introduces PRULove Wealth (Photo: Courtesy of Pru Life UK)
Pru Life UK introduces PRULove Wealth (Photo: Courtesy of Pru Life UK)
1 / 1
Tatler+
Grow your income, protect your legacy, and get your money’s worth with Pru Life UK’s new limited-edition product
The pandemic was a wake-up call for all of us. It led us to innumerable realisations about life, drilling in the priceless and colossal importance of health and financial security. From young professionals to seasoned entrepreneurs, it seemed that no one was spared—everyone scrambled to find better ways to protect themselves and their loved ones amidst changing and unpredictable times.
Read more: How to navigate money matters and build healthy financial habits for stronger relationships
Abegaile Dinglasan, Pru Life UK’s Vice President and Head for Customer Propositions, believes that the lack of financial protection and even awareness across the country continues to present both a challenge and an opportunity. Living up to its mission of being a trusted partner and protector, Pru Life UK notably geared more efforts towards financial literacy programmes for underserved and unserved Filipino communities, partnering up with different LGUs to ensure that their services reach far and wide.
Above Abegaile Dinglasan, Pru Life UK’s Vice President and Head for Customer Propositions (Photo: Jon Hipe)
Abegaile Dinglasan, Pru Life UK’s Vice President and Head for Customer Propositions (Photo: Jon Hipe)
1 / 1
Dinglasan shares, “It's an industry wherein we have to educate people on the importance of insurance—why do they need it and what is it for? Because most of us, if not all of us, will prefer to buy necessities. For many Filipinos, insurance is still something that you pay for with your extra money or income.” Likewise, Pru Life UK’s dedication to overhauling this reality has never wavered. As a formidable force in both the local and global insurance landscape, the company is well-attuned to the financial needs of different customer segments and serves them best by offering tailored solutions.
PRULove Wealth—the brand’s newest, limited-edition offering—is a testament to this. Designed for those who are looking to secure their earnings and legacy, it is Pru Life UK’s first traditional single-pay insurance product with a guaranteed payout of four per cent every year, unlike those that are typically subject to market fluctuations. “It’s comparable to investment-linked insurance products, wherein customers may get payouts, but it isn’t guaranteed. This time, whatever happens to the economy or whatever the market condition is, you will get the guaranteed four per cent of the one-time premium paid,” Dinglasan explains.
Above (Photo: Jon Hipe)
Above (Photo: Jon Hipe)
(Photo: Jon Hipe)
1 / 2
Dinglasan recommends this exclusive offer to three distinct profiles: younger entrepreneurs in their 30s who may be seeking to grow their earnings and complement their existing savings; older, more established individuals who want to protect their families and legacy; and lastly, OFWs who are looking to place their hard-earned money in a reliable investment vehicle back home.
PRULove Wealth acts similarly to a time deposit in this regard, in which policyholders can receive 100 per cent of the premium paid at the end of a seven-year coverage period—plus guaranteed returns every year. Beyond this, however, another excellent benefit is its life insurance coverage. In the unfortunate event of a client’s passing within the seven-year term, their beneficiary receives not only the original premium but also an additional of up to 25 per cent.*
Above (Photo: Jon Hipe)
(Photo: Jon Hipe)
1 / 1
While it may be available for a limited time only, PRULove Wealth is definitely just the beginning. Marking the insurance leader’s first foray into traditional single-pay products, Dinglasan shares that customers can expect more offerings like this from the brand in the future. “We want to help Filipinos get their money’s worth,” she shares. “Through traditional products like this, we want to provide financial benefits that can help more customers achieve their financial goals.”
PRULove Wealth truly reflects the brand’s core mission: to be the most trusted partner and protector, safeguarding one’s financial well-being throughout life’s journey. As the country’s leading life insurer, Pru Life UK expertly provides a growing nest egg and a safety net for your future, giving you peace of mind, no matter what life brings.
This is a limited offer and subject to availability. Talk to your Pru Life UK agent now or visit prulifeuk.com.ph.
*4% payout and 125% insurance coverage based on single premium paid.
Product terms & conditions including on cash back apply.
NOW READ
It’s alright to start small, says DoubleDragon Properties CEO Edgar “Injap” Sia
Wealth With Sophia: How to have a money date with yourself to improve financial well-being
Credits
Photography: Jon Hipe
Producer: James Mayo
Hair: Moriel Flores
Make-Up: Pia Reyes
Topics
Trained as a student journalist, Mac’s knack for writing was a serendipitous discovery. Years later and she can’t imagine doing anything else. When she isn’t typing away on a story, she revels in being lost in a new city, revisiting a cosy film or sitcom, and idling away with her dogs.
