September 6, 2025 | 12:00am
MANILA, Philippines — Insurance coverage agency Pru Life UK has launched two new monetary merchandise designed to offer Filipinos higher safety and confidence in dealing with challenges.
The corporate launched PRUSteady Revenue and PRUWealth 10, each created to supply dependable earnings and long-term safety so Filipinos can higher plan, construct and safeguard their future.
Pru Life UK chief product officer Garen Dee stated the launch reinforces the corporate’s mission to assist Filipinos dwell absolutely within the current whereas being future-secured, emphasizing its dedication to supply certainty by customer-focused monetary options.
We promise to supply certainty in an unsure world with customer-focused monetary options which can be constructed on ensures. No matter your stage in life, incomes, rising or preserving, Pru Life UK has an answer that matches, she stated.
The PRUSteady Revenue is an endowment plan for 20 years for people that provides policyholders a predictable earnings and long-term monetary safety.
It ensures annual money payouts of 10 % from the eleventh to the twentieth coverage yr, a full maturity profit on the finish of the time period and life insurance coverage protection of as much as twice the coverage worth.
The plan is positioned to supply monetary stability whereas supporting long-term development, making it appropriate for fogeys and professionals getting ready for main life milestones.
In the meantime, PRUWealth 10 is designed for financially established shoppers, providing a mixture of development, wealth preservation and safety. The plan additionally accumulates money worth over time, giving policyholders flexibility to entry funds when needed.
The limited-offer endowment plan ensures a 5 % annual money payout for 10 years, returns the total premium at maturity and contains 110 % life insurance coverage protection based mostly on a single premium cost.
These dependable options have been thoughtfully designed to cater to completely different priorities, whether or not it’s securing regular money flows, preserving wealth or getting ready for future milestones, serving to prospects take management of their monetary journey with confidence, the insurance coverage agency stated.
The Insurance coverage Fee (IC) earlier ordered all insurance coverage corporations and associated entities beneath its supervision to submit an entire stock of their services and products.
The order applies to all entities regulated by the IC, together with life, non-life and composite insurers, in addition to mutual profit associations, well being upkeep organizations and pre-need corporations.
