Invest & Prutect with Bong

Invest & Prutect with Bong My name is B**g Ordanza, a licensed Financial Advisor from Prulife UK. I can help you and your famil

Prulife UK has a Pulsè app which you can download from your phone to secure a personal accident plan for ONLY P272 a yea...
17/10/2020

Prulife UK has a Pulsè app which you can download from your phone to secure a personal accident plan for ONLY P272 a year coverage.

📌 P100,000 accidental death & disablement
📌 P100,000 total & permanent disability
📌 P50,000 murder & assault
📌 P5,000 burial benefit

You need to enter the code (70064183) before submitting your purchase. You can send me a message or write your questions on comment section below.

Click the link to download the app, https://wedopulseph.page.link/ePzC

17/10/2020

Discuss and help to people the importance of income protection and investment.

Create a financial plans for your clients.

Work at your time.

Prulife UK bags 3rd spot on the Brand Index 2020. Another reason to trust us with your wealth management. I am proud to ...
29/09/2020

Prulife UK bags 3rd spot on the Brand Index 2020. Another reason to trust us with your wealth management. I am proud to represent this company as a Financial Advisor.

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PRULIFE UK GAINS BIG TIMELast year the insurance market had to deal with lackluster demand, mainly due to the non perfor...
07/08/2020

PRULIFE UK GAINS BIG TIME

Last year the insurance market had to deal with lackluster demand, mainly due to the non performing stock markets as most premium is in investment linked plans. All of the top 5 companies intensified their focus on selling more protection and health products, with some success.

The fit of Health products in the bank's product range is a challenge and in the bank channel compensating the reduced investment sales proved to be a challenge. Agents on the other hand were more versatile and swiftly moved into selling protection products, mostly categorized as traditional plans.

Sales in 2019 still grew with 10% over 2018, and unlike prior years 2/3 of the growth came to the account of traditional plans that saw an increase of over 25%. In principle this is a welcome development as many reports highlight the enormous protection gap in the Philippines. The protection gap is calculated based on how much money a household would need to continue their lifestyle when they are confronted with high medical cost, disability or death.

In general companies that have been able to make the transition of selling investments to selling insurance have performed strong. In the top 10 especially Pru UK has shown an enormous improvement in Sales, while AXA and AIA (Philam) has lost significantly. AXA still didn't make the transition to be less dependent on its bank channels. In AIA contrary to expectations, it was the agency channel that didn't perform. Lack of direction and inconsistent management are mentioned as the main reasons why this, once dominant market player, is following the path of Insular to become insignificant.

Of the new players, FWD continued to strengthen its position, however the speed of increase is going down rapidly and it might settle at a 5% market share. Outside of the top 10 Troo did a great job, doubling it's market share Sales, and is likely moving into the top 10 in the coming year.

The coming year .... Although 2020 had a great start for many companies, the Quarantine periods that have been taking away economic progress in many sectors has hit the life insurance industry hard. Not because of the growth of claims, as the effect of Covid19 on mortality and morbidity is minimal (less than 2% increase of claims). The impact on sales however is undeniable.

**written by Rien Hermans CEO Singlife Philippines. Posted in LinkedIn June 7, 2020.

Pru Life UK was ranked second (2nd) among life insurers in the Philippines in terms of New Business Annual Premium Equiv...
07/06/2020

Pru Life UK was ranked second (2nd) among life insurers in the Philippines in terms of New Business Annual Premium Equivalent (NBAPE) and Premium Income for the year 2019.

Pru Life UK recorded a total NBAPE of P7.67 billion in 2019 as disclosed by the Insurance Commission (IC). The company also obtained a combined total premium income of P26.97 billion for both traditional and variable life insurance products.

“I wish to congratulate and thank all PRULifers — our employees, agency leaders and agents — for their dedication in driving business success throughout the year. Their hard work has led the company to various achievements and milestones in 2019. In 2020, we will work together and continue to bring our commitment ‘We DO Lead’ to life,” Pru Life UK President and CEO Antonio G. De Rosas said.

According to a statement issued by the IC, the life insurance industry recorded a 10.64 percent year-on-year increase in NBAPE to P57.55 billion in 2019 from P52.02 billion in 2018.

A life insurer’s NBAPE is calculated by obtaining the sum of the value of regular premiums from products newly sold in a specific year (or the initial annualized premium) and 10 percent of the single premiums written. The IC has adopted an international standard to measure the life insurance industry’s sales performance in the Philippines more accurately.

Pru Life UK’s unaudited Quarterly Reports on Selected Financial Statistics (QRSFS) for NBAPE and Premium Income in 2019 have been submitted and made available at the IC website.

WHY PRULIFE UK?Headquartered in the United Kingdom, Prudential plc has an extensive network of life insurance and mutual...
02/06/2020

WHY PRULIFE UK?

Headquartered in the United Kingdom, Prudential plc has an extensive network of life insurance and mutual funds operations around the world covering Europe, the United States (US), Africa, and 14 markets in Asia. (Laos, Hong Kong, Indonesia, Singapore, Malaysia, China, Korea, India, Taiwan, Thailand, Vietnam, Philippines, Cambodia) Its regional office, Prudential Corporation Asia, is based in Hong Kong. Prudential plc has around 26 million insurance customers worldwide and manages £669 billion in assets as of 31 December 2017. Backed by over $703 Billion in funds under management.

[Our Fund Manager is Eastspring Investments Limited based in Singapore]
*Consistently the largest and number 1 Fund Manager in Asia
*With now USD 188 Billion of Funds Under Management.
*The most trusted brand for investment in Asia.
*250+ Investment Professionals
*Has chosen by Bangko Sentral ng Pilipinas to manage the government provident fund.

✅ Celebrating 170 strong years in the industry (since 1848)
✅ ONE OF THE LARGEST AND STRONGEST INSURANCE COMPANY. Amongst the Top 10 "WORLDWIDE"
✅ Given the highest brand rating of AAA-
✅ Paid billions of insurance claims including passengers on the Titanic
✅ Ranked 66 as the biggest public companies worldwide according to Forbes 2000 in 2016
✅ Pioneered variable unit-linked insurance products in the Philippines in 2002, that changed the insurance landscape in the country
✅In Philippines, established in 1996 and has consistently ranked among the top 3 industry players since 2001
✅Only Insurance Company Publicly listed in FIVE major Stock Exchanges:
* London stock exchange
* New York stock exchange
* Singapore stock exchange
* Hongkong stock exhange
* India stock exchange
✅It is also the ONLY Life Insurance company in the country that has posted DOUBLE DIGIT GROWTH for over 30+ quarters!!!
✅ With 1939% Risk-Based Capital in 2017
✅ Top 1 Insurance Co in the Philippines for 2017 based on ASEAN Corporate Governance Scorecard Assesment

Isn't it nice to know you've partnered with a giant?

Thank you dear clients for putting your trust with Prulife UK and choosing me to be your Financial Advisor!For those who...
06/05/2020

Thank you dear clients for putting your trust with Prulife UK and choosing me to be your Financial Advisor!

For those who are interested in securing a life insurance policy, we can schedule a virtual appointment via Zoom, Google Meet, Skype or Facebook messenger for us to discuss your financial plans. PM is the key.

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Today is the celebration of valentines. If we truly love our family, we will to choose to save and secure their future. ...
14/02/2020

Today is the celebration of valentines. If we truly love our family, we will to choose to save and secure their future. If you want to start your saving plan with Prulife UK, you can send me a message. 💰🛡️

**CTTO of the photo.

Welcome 2020 to secure a VUL Policy from Prulife UK. Make sure this new decade will push you to start having an income p...
06/01/2020

Welcome 2020 to secure a VUL Policy from Prulife UK. Make sure this new decade will push you to start having an income protection & roll an invest profile with a trusted financial company. You can hit the send message button for a free consultation. 💰🛡️

Happy New Year everyone 🎉! Let's welcome positivity and prosperity this 2020. 💰🛡️
01/01/2020

Happy New Year everyone 🎉! Let's welcome positivity and prosperity this 2020. 💰🛡️

Merry Christmas! May this season of love & joy be with your family.
24/12/2019

Merry Christmas! May this season of love & joy be with your family.

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