LIFE insurer Pru Life UK unveiled its latest health protection product that targets Filipino women seeking financial protection from breast cancer.
Pru Life UK said its plan is the first cancer-specific product offered in the market. The plan, called “PRUHealth Prime-Select Breast Cancer” comes in two packages.
A one-time premium of P150 provides a lump sum amount of P10,000 upon diagnosis while a one-time premium of P425 offers a lump sum amount of P10,000 upon diagnosis and a guaranteed lump sum amount of P20,000 when undergoing Mastectomy or Lumpectomy. This is valid for one year.
“This protection product, designed for the women in our lives, be it our mother, sister, daughter, daughter-in-law, or grandmother, goes a long way for less than P2 a day. With it Pru Life UK underscores women’s health by giving hardworking and caring Filipinas financial protection from breast cancer, currently the most common cancer among women in the Philippines and worldwide1,” Pru Life UK Chief Customer Marketing Officer Allan M. Tumbaga.
Last month, Pru Life UK also introduced two new optional supplemental critical illness benefits or riders, the Select Top 4 and Select 52 Critical Illness riders to PRUHealth Prime, an “insuravest” plan with critical illness coverage against all forms of cancer.
The Select Top 4 Critical Illness Benefit provides for top four covered late-stage critical illness conditions while the Select 52 Critical Illness Benefit provides for 52 covered late-stage critical illness conditions.
Customers who are availing of PRUHealth Prime but would want to be covered against other critical conditions can purchase either of the two new critical illness riders during the new business application process and/or after policy issuances.