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Tag: Pru Life UK

  • Pru Life UK launches first-in-market online single-pay traditional endowment product

    Pru Life UK launches first-in-market online single-pay traditional endowment product

    Pru Life UK introduces PRULove Wealth Direct, the first single-pay traditional endowment life insurance product available for online purchase in the market. This innovation reflects the company’s mission to making financial solutions simpler and more accessible for Filipinos, addressing their needs for financial returns and protection.

    Available exclusively via PRUShoppe.com, the new product can be purchased online without the need for medical examinations or physical paperwork. It features guaranteed net annual cash payouts equal to 4% of the single premium for seven years along with a full return of premium at the end of the seven-year term plus 125% of the single premium as life insurance coverage. Loanable cash values also allow policyholders to access their funds for emergencies or major expenses.

    “PRULove Wealth Direct opens doors for individuals who wish to secure their future but face barriers like limited time, restricted access, or insufficient resources,” said Garen Dee, Chief Product Officer at Pru Life UK. “It is a straightforward solution that enables more Filipinos to make most out of life and prepare for key milestones—through a seamless online purchase experience.”

    “This streamlined digital process is designed to empower consumers with direct access to life insurance—particularly those looking for services beyond traditional financial channels, and those seeking alternative tools that offer growth and protection,” Dee added.

    With just a one-time payment, policyholders can receive guaranteed payouts comparable to high-yield time deposits. The product serves as an alternative to traditional savings, with the added advantage of a safety net through life insurance.

    The launch of PRULove Wealth Direct comes at a pivotal moment in the Philippine life insurance industry as it continues to evolve through digital innovation. As more Filipinos seek flexible, accessible ways to secure their financial future, Pru Life UK is responding with solutions to help them pursue their passions and prepare for life’s milestones—for every life, for every future.

    For more details, please visit PRUShoppe.com and refer to the respective product terms and conditions.

    Reference & Media Contact:

    Lariza Garcia

  • Pru Life UK launches PRUSteady Income

    Pru Life UK launches PRUSteady Income

    A practical, steady solution for today’s needs and tomorrow’s goals

    As Filipinos continue to juggle growing financial responsibilities with personal aspirations, Pru Life UK introduces PRUSteady Income, a new 20-year endowment insurance plan designed to provide financial resilience—now and into the future.

    “At Pru Life UK, we are committed to understanding what matters most to our customers. We designed PRUSteady Income as a practical financial solution that empowers our customers to confidently pursue their priorities today and prepare for life’s milestones ahead,” said Garen Dee, Chief Product Officer.

    This life insurance plan offers a reliable mix of guaranteed protection and a steady income stream. From the end of the 11th year until the 20th year of the policy, policyowners are guaranteed to receive net annual cash payouts equal to 10% of the sum assured. Upon maturity at the end of the 20-year term, the full sum assured will be given as a maturity benefit.

    In the unfortunate event of death of the insured, the plan provides beneficiaries with up to 200% of the sum assured as death benefit. To help manage unexpected financial needs, the policy also includes loanable cash values which is accessible as needed.

    For every Filipino

    The launch of PRUSteady Income underscores Pru Life UK’s commitment to helping Filipinos build a balanced financial portfolio—offering insurance solutions that are simple, reliable, and built for real-life needs.

    “Filipinos often put their families first and themselves second. With PRUSteady Income, we want to help them do both at the same time. It’s about giving people the confidence to care for their loved ones now, while also investing in the well-being of the person they’ve always aspired to be,” Dee said.

    “Whether you are a parent preparing for a comfortable future for your children or a freelancer building a steady living today for yourself and your loved ones, PRUSteady Income is designed to meet you where you are in life and help you move forward with greater confidence,” she continued.

    For parents, the guaranteed annual payout offers a meaningful way to invest in their children’s future—supplementing their educational fund and nurturing a lifestyle filled with opportunity and growth. “Beyond the 20-year coverage period, the maturity benefit can add to the policyowner’s retirement savings, offering financial security at a time when economic uncertainties make long-term planning more essential than ever,” she said.

    PRUSteady Income is also well-suited for freelancers who find themselves balancing the demands of everyday life while yearning to nurture their personal growth.

    “The reality is saving often takes a backseat to immediate responsibilities. This product provides financial protection with guaranteed payouts, while the maturity benefit serves as a financial cushion for pursuing long-overdue personal goals,” she concluded.

    To learn more about PRUSteady Income, visit www.prulifeuk.com.ph or follow Pru Life UK on Facebook. Please refer to the product terms and conditions or consult with a licensed Pru Life UK agent to ensure the product suits your needs.

    Reference & Media Contact:

    Lariza Garcia

  • Pru Life UK employees champion bayanihan spirit in Brigada Eskwela 2025

    Pru Life UK employees champion bayanihan spirit in Brigada Eskwela 2025

    Pru Life UK once again rolled up its sleeves for Brigada Eskwela, the Department of Education’s nationwide schools maintenance programme, rallying employee volunteers last month in support of Pleasant Hills Elementary School in Mandaluyong City.

    The initiative began at the Pru Life UK’s headquarters, where employees painted pots and planted vegetable seedlings. These were later donated during a school outreach, part of a wider effort to prepare classrooms for the new academic year.

    Volunteers spent the day painting walls, cleaning rooms, and organising books—bringing fresh energy to the school community. Pru Life UK also provided painting materials to support ongoing refurbishment needs.

    “It’s fulfilling to give back in such a tangible way,” shares Maria Junifer Maliglig, one volunteer. “Seeing the impact first-hand is what makes it all worth it.”

    A long-time participant in Brigada Eskwela since 2012, Pru Life UK’s commitment to education goes far beyond paintbrushes. Through its flagship Cha-Ching Financial Literacy Programme, the company has empowered over 1.5 million students across the Philippines with essential money management skills. Read recent story on expanding and fully integrating it in Bicol region here. The Pleasant Hills Elementary School is also a partner school for Cha-Ching.

    Complementing this is the Adopt-a-Madrasah initiative, which supports Islamic schools in Mindanao with learning resources, teacher training, and tailored content on Takaful (Islamic insurance), digital skills, and sustainability. In 2025, the programme aims to reach over 1,500 learners across nine madaris.

    These efforts reflect Pru Life UK’s broader mission: to foster inclusion, champion financial education, and empower communities—one classroom at a time.

    Pru Life UK volunteers painted pots and classroom walls in support of Pleasant Hills Elementary School in Mandaluyong City’s Brigada Eskwela programme.

    Pru Life UK volunteers also helped prepare the classrooms of Pleasant Hills Elementary Schoolin Mandaluyong City for the new academic year.

    Reference & Media Contact:

    Lariza Garcia