Leading life insurer Pru Life UK continues to lead the discussions on the impact of climate change on Filipino’s health and financial security, as it brings together experts from health, insurance and the environment during its 2022 Healthscape media briefing.
Led by the company’s President and Chief Executive Officer Eng Teng Wong and Prudential Chief Health Officer Andrew Wong along with planetary health expert Dr. Renzo Guinto and Michael Leitschkis, principal for Life Tech Solutions at consulting firm Milliman, the discussion focused on the impact of climate change on the health of Filipinos and how financial resilience through inclusive and climate-smart insurance products and services can help mitigate its effects.
“Our goal as the leading life insurance company is to raise awareness on the importance of insurance protection against climate health risks so more Filipinos are educated on the effects of climate change on their health and finances. We are also working together with different sectors to mitigate climate health risks by creating budget-friendly climate-smart insurance products accessible to the unserved and underserved communities,” Pru Life UK President and Chief Executive Officer Eng Teng Wong shared.
As climate change continues to worsen across the globe, Filipinos are placed in greater danger with harsher weather conditions that can lead to the spread of climate-sensitive diseases such as heat-related illnesses like heat cramps and heat stroke, and vector-borne diseases such as dengue and malaria, as well as infectious diseases with pandemic potential such as COVID-19 and recently, monkeypox.
“Mitigating the health risks of climate change is a priority for Prudential in Asia and Africa. We are committed to help minimize its effects on people’s health through inclusive insurance protection, health and financial literacy,” Prudential Chief Health Officer Andrew Wong said.
To encourage Filipinos in protecting themselves against climate change, Pru Life UK remains steadfast in pushing for easily accessible and affordable climate-smart products such as the PRUMedCare Select Infectious Disease and two options of PRUDengue MedCare, with premiums ranging from PHP 175 to PHP 750 for 6 or 12 months of coverage, with the common goal of providing protection against dengue, typhoid, measles and malaria.
Pru Life UK worked with Dr. Guinto last year on a study entitled “How will climate change affect the health of Filipinos in the next decade?” to provide valuable insights on the impact of climate change to the health and well-being, and financial security of Filipinos.
“Climate change is real and it will be one of the biggest challenges of our lives. Pru Life UK will continue to listen and lead the industry on climate health risks discussions to bring the issue of climate change to the forefront. Together, we will do a better job in putting Filipinos’ welfare as our top priority,” Eng Teng Wong added.