{"id":9153,"date":"2024-04-23T13:57:44","date_gmt":"2024-04-23T05:57:44","guid":{"rendered":"http:\/\/zestmag.com\/online\/?p=9153"},"modified":"2024-04-23T13:58:16","modified_gmt":"2024-04-23T05:58:16","slug":"pru-life-uks-newest-product-guarantees-4-percent-annual-cash-payout-for-7-years","status":"publish","type":"post","link":"http:\/\/zestmag.com\/online\/pru-life-uks-newest-product-guarantees-4-percent-annual-cash-payout-for-7-years\/","title":{"rendered":"Pru Life UK\u2019s newest product guarantees 4% annual cash payout for 7 years"},"content":{"rendered":"\n<p><strong>Pru Life UK launched a new product designed to provide Filipinos life insurance coverage while also allowing them to earn returns with rates comparable with those from a high-yielding time deposit. PRULove Wealth uniquely offers 4% annual cash payout, 100% cash back, and up to 125% insurance coverage.<\/strong><\/p>\n\n\n\n<p>Regardless of market conditions, customers can\nrely on a guaranteed 4% annual payout based on the single premium paid. PRULove\nWealth complements their traditional bank deposit and fixed income-generating\nfinancial assets. The steady earnings assure them and their families cash to\ncelebrate life&#8217;s milestones, boost personal savings, and provide an extra layer\nof financial cushion.&nbsp;&nbsp; <\/p>\n\n\n\n<p>Customers\u2019 principal money is secured with 100%\ncash back guarantee or return of the premium paid if the insured is still\naround after the 7-year insurance coverage period or maturity of the policy.\nThe cash back gives comfort to families of a stable financial future.&nbsp; <\/p>\n\n\n\n<p>The life insurance coverage of up to 125% based\non the single premium gives the customers wealth protection for their families.\nWhatever happens to the insured, the beneficiary gets the whole proceeds up to\n25% higher than the principal.*&nbsp;&nbsp; <\/p>\n\n\n\n<p>&#8220;<em>PRULove\nWealth solidifies our unwavering commitment to being the Filipino families&#8217;\nmost trusted partners and protectors by providing financial solutions that\naddress their evolving needs. With the guaranteed benefits of our new product,\nwe aim to help more customers achieve financial protection and their wealth\naspirations<\/em>,\u201d shares Allan Tumbaga, Executive Vice President and Chief\nCustomer &amp; Marketing Officer.&nbsp;&nbsp; <\/p>\n\n\n\n<p>PRULove Wealth can help customers who want a\nconvenient one-time pay life insurance product that reaps an uninterrupted flow\nof cash and secured legacy without worrying about market volatility.&nbsp; <\/p>\n\n\n\n<p>Pru Life UK maintains its industry&#8217;s top position\nin New Business Annual Premium Equivalent &amp; total Premium Income from\nVariable Life Insurance products according to the Insurance Commission\u2019s Life\nInsurance Sector Quarterly Statistics for Q3 2023.&nbsp;&nbsp;&nbsp; <\/p>\n\n\n\n<p>Its wide range of products is accessible through\nits over 42,000 digitally-empowered agency force and like-minded ecosystems and\ndigital partners.&nbsp; <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Customers\u2019 principal money is secured with 100% cash back guarantee or return of the premium paid if the insured is still around after the 7-year insurance coverage period or maturity of the policy. The cash back gives comfort to families of a stable financial future.  <\/p>\n","protected":false},"author":3,"featured_media":9154,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[1810,2275,2086],"class_list":["post-9153","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-product-showcase","tag-insurance","tag-insurance-industry","tag-pru-life-uk"],"_links":{"self":[{"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/posts\/9153","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/comments?post=9153"}],"version-history":[{"count":1,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/posts\/9153\/revisions"}],"predecessor-version":[{"id":9155,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/posts\/9153\/revisions\/9155"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/media\/9154"}],"wp:attachment":[{"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/media?parent=9153"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/categories?post=9153"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/tags?post=9153"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}