ABOUT PROTECTION FOR YOU
We strive to educate people the importance of protecting yourself and your hard-earned income from unexpected events that may happen. Through an on-going series of informative posts and sound financial guidance, we can help you better understand where you are now financially, where you want to be & how are you going to achieve it. ABOUT PRU LIFE UK
Pru Life UK is one of th
e leading life insurance companies in the Philippines, with over 20 years of excellence in providing relevant and innovative life insurance products designed to meet the specific needs of the public. The pioneer and expert in investment-linked insurance products, Pru Life UK is driven by its commitment to always listen to and understand the financial protection and wealth management requirements of the Filipino. It is a subsidiary of British financial services giant Prudential plc. Established in 1848, Prudential plc has an extensive network of life insurance and mutual funds operations around the world, active in the United Kingdom (UK), Europe, the United States (US) and 14 markets in Asia. It has 23 million insurance customers worldwide and manages £443 billion in assets as of 31 December 2013. In the Philippines, Pru Life UK offers an increasing portfolio of ordinary life, endowment*, personal accident and investment-linked products. In 2010, Pru Life UK was recognized as the fastest growing Prudential company in Asia by regional headquarters Prudential Corporation Asia (PCA). AWARDS
1996
-- Pru Life UK was incorporated as Pru Life Insurance Corporation of U.K. in January, and the Insurance Commission granted the Company an operating license in the Philippines in June. The first policy was issued in
September 1.1997
-- The Company was one of the first to be allowed by the Insurance Commission to issue dollar-denominated policies.
1998
-- Pru Life UK Top 10
After only two years of operations, Pru Life UK was ranked among the top 10 life insurance companies in the Philippines in terms of First Year Premiums (FYP).
2001
-- 63% Growth
Pru Life UK was named the fastest growing life insurer in the country with a 63% growth rate, first year ordinary life premiums.
-- Allstate
Pru Life UK acquired AllState Life Philippines.
2002
-- Pru Life UK unit-linked
The Company pioneered unit-linked or investment-linked life insurance in the Philippines with the introduction of the PruLink Investor Account.
-- ING Insurance
Pru Life UK acquired ING Life Philippines.
2004
-- Pru Life UK ANCA
The Company was recognized as the Outstanding Life Insurance Company in the 15th Annual National Consumers Awards by the Consumers Union of the Philippines.
2007
-- PhP1Billion APE
Pru Life UK hit the PhP1-billion mark in terms of Annualized Premium Equivalent (APE), a 130% growth from 2006.
-- MDRT
Million Dollar Round Table (MDRT) agent qualifiers reached an all-time high.
-- PARTNERSHIP DISTRIBUTION
The Company established its Partnership Distribution division, expanding its distribution network to include partner banks and brokers.
2009
-- Chairman's Challenge
Pru Life UK placed third in the Chairman’s Challenge Prudential plc’s global volunteering program that recognizes projects that made the greatest impact to communities, for the Pru Life UK - Gawad Kalinga Felicity Village.
2010
-- Pru Life UK was awarded as the fastest growing Prudential company in Asia by regional headquarters Prudential Corporation Asia (PCA).
2011
-- Pru Life UK became the first private company in the Philippines to offer Metro Rail Transit (MRT) commuters free rides, a thanksgiving treat to the public on its 15th anniversary in the country.
-- Cha-Ching
The Cha-Ching musical edutainment cartoon series was launched over Cartoon Network in Southeast Asia, including the Philippines, by PCA in September. It is the first multi-country, multi-platform financial literacy program for children.
2012
-- Pru Life UK launched the PruLink Asian Local Bond Fund, the first of its kind in the Philippine market, allowing Filipino consumers to piggyback on offshore funds from Asian economies.
-- Cha-Ching World Tour
Pru Life UK launched the Cha-Ching Financial Literacy for the Youth Program in January, an offshoot of PCA’s landmark financial literacy program, the musical edutainment show Cha-Ching.
-- Cha-Ching DepEd MOA signing
In April, Pru Life UK signed a Memorandum of Agreement with the Department of Education to integrate the Cha-Ching Financial Literacy for the Youth Program in the grade 2 curriculum of two pilot schools – Tagaytay Central School in Tagaytay City and Upper Bicutan Elementary School in Taguig City, for the school year 2012-2013.
-- ASIA
Sealed a partnership deal with Standard Chartered Bank establishing the general agency Assurance Solutions Insurance Agency, Inc., marking the 11th alliance between Prudential Corporation Asia and Standard Chartered Bank in Asia. PRODUCTS
-- for a complete list, visit http://www.prulifeuk.com.ph/corp/prudential_en_ph/solutions/
