Pru Life UK launches PRUMillion Protect, offers maximum coverage with payments completed in two years
For business owners and professionals who have built both family and enterprise, true confidence comes from safeguarding what they’ve worked hard to achieve.
Responding to this growing need for a simplified process and flexible insurance protection, Pru Life UK introduces PRUMillion Protect, a limited-pay, investment-linked insurance plan built to deliver superior coverage, allowing individuals to complete premium payments in just two years and start building potential growth earlier.
“Customers want solutions that value their time, reflect their responsibilities, and offer meaningful protection even as circumstances change,” said Garen Dee, Chief Product Officer of Pru Life UK. “With PRUMillion Protect, they get strong coverage without long-term payment commitments.”
PRUMillion Protect is positioned to provide superior protection coverage compared with single pay investment-linked plans. It offers life insurance coverage equivalent to five times the base annual premium, or 105% of the fund value, whichever is higher. It also includes built-in benefits for Accelerated Total and Permanent Disability, and Accidental Death and Disablement, ensuring additional financial support in the event of unforeseen circumstances.
“Protection has emerged as a cornerstone of modern financial planning,” Dee added. “This is especially true for business owners, professionals, and family decision-makers, as well as legacy planners, who are navigating changing market conditions and growing personal responsibilities.”
Simple and accessible
PRUMillion Protect is offered with a Simplified Insurability Offer, without the hassle of medical exams for eligible customers. With a high fund allocation, your policy fund value can grow faster, helping sustain your coverage for years to come.
This plan is open to a broad range of individuals, with entry ages from seven days to 70 years old, and provides coverage up to age 85, subject to policy terms and conditions. A built-in Loyalty Bonus, payable starting the 10th policy year and every five years thereafter, further reinforces long-term value for policyholders who remain invested. Optional benefits are available for maximum protection, offering additional cash benefits if the insured passes away or becomes permanently disabled due to illness or accident.
“For many Filipinos today, having protection is seen as a mark of financial maturity,” Dee said. “It demonstrates foresight, responsibility, and care for one’s family, business, and future. With PRUMillion Protect, they can be assured of getting substantial protection.”