Frequently Asked Questions About Investing in Pru Life UK
Most of my clients are young professionals from ages 25 to 35 years old however anyone, regardless of age, may invest in Pru Life UK. Personally, I look for people within this age range because they are highly insurable and they also have high insurable interest being mostly breadwinners of their families.
3. How much is the minimum amount of investment?
4. What are the benefits of this kind of investment?
This kind of investment called VUL (or Variable Unit Link) gives you investment plus insurance coverage. It’s about hitting two birds at the same and making your money work double time. They say gone are the days when insurance policies only benefit the policyholder when the latter dies. Right now, VUL products have so many benefits even for the living.
For example, in the investment part of the VUL policy, your money can grow to as high as 10% per year. (In fact, it can grow higher than that but we can’t guarantee that to the client since we are being regulated by the Insurance Commission. Insurance companies in the Philippines such as Pru Life UK, SunLife, PhilAm and etc. are mandated to present proposals showing only up to 10% growth of the policyholders money in the investment part.)
But that’s only for the investment part. A VUL policy, is primarily an insurance policy. In the insurance part, Pru Life UK has corresponding fixed amounts of money for the following events which may occur to the insured.
- Total and permanent disability
- Accident that resulted to death and disability
- Diagnosed with one of the 36 diseases enlisted in the Life Care Benefit of Pru Life UK
- Confinement of at least 12 hours in a hospital
- Many more
6. Why should I trust Pru Life UK?
Entrusting your hard-earned money to Pru Life UK is entrusting your hard-earned money to a subsidiary of a financial services giant called Prudential plc which was established in London in 1848. During the year 1912, Prudential plc paid £14,239 for the 324 insured passengers who died in the Titanic tragedy.
Today, Pru Life UK’s funds are being managed by the best retail fund manager in Asia called Eastspring Investments based in Singapore. The company was named Best Asset Management company in Southeast Asia from years 2012 to 2014.
To know more about this powerhouse team-up, click here.
We are ready to meet you. Call us at 0998-367-0545 or at 0905-347-4455.