Pru Life: Comprehensive Health Insurance Coverage?

Pru Life UK offers a range of health insurance plans to help ease the financial burden of medical expenses. Their plans cover critical illnesses, accidents, and disabilities, providing customers with financial protection and peace of mind. With options like PRUHealth FamLove and PRUHealth Prime, Pru Life UK aims to support individuals and families through their health journeys, making recovery the main focus rather than financial stress. The company has also demonstrated its commitment to health and wellness through various initiatives and donations, including contributions to COVID-19 relief funds and improving prenatal care in underserved communities. Pru Life UK's health insurance offerings aim to provide comprehensive support to its customers during their times of need.

Pru Life UK's health insurance plans

Pru Life UK offers a range of health insurance plans to provide financial protection and ease the burden of medical expenses for individuals and families. Here is an overview of some of Pru Life UK's health insurance plans:

PRUHealth Prime

PRUHealth Prime is an investment-linked life insurance plan that offers critical illness coverage, specifically designed to protect customers from the high costs associated with cancer treatment. This plan provides financial peace of mind and helps customers cope with the stress of cancer diagnosis and treatment. It includes benefits such as an early-stage cancer payout, late-stage cancer coverage, and a hospital benefit with increased payment for Intensive Care Unit stays. PRUHealth Prime is issuable to individuals aged 0-60 and offers coverage until the age of 85.

PRUHealth FamLove

PRUHealth FamLove is a critical illness protection plan that allows individuals to extend their coverage to up to three family members. This plan ensures that families can focus on recovery without the added financial worries that come with serious illnesses.

PRUWellness

The PRUWellness health insurance plan provides financial support for major health conditions such as cancer, heart attack, and stroke. This plan helps individuals deal with the financial impact of these critical illnesses and protects them from the burden of hospital bills.

PRUMedCare – Select Infectious Diseases Insurance Plan

PRUMedCare is designed to provide financial protection against specific infectious diseases, including Dengue, Typhoid, Measles, and Malaria. This plan ensures that individuals and families are financially prepared for these unpredictable health challenges.

Group Insurance Package

Pru Life UK also offers a Group Insurance Package in partnership with leading health organizations. This package is designed to help Filipinos prevent, protect, and postpone the onset of diseases, especially during the pandemic. It includes HMO benefits, life benefit, accidental death and disablement coverage, and terminal illness benefit. The package also offers the Crisis Cover Benefit, which covers 15 critical illnesses, including heart attack, stroke, and cancer. This comprehensive package is available to employees of corporate clients of the partner health organizations.

Critical illness protection

Pru Life UK offers critical illness protection to help ease the financial burden of serious illnesses. Their plans provide peace of mind, allowing customers to focus on recovery without worrying about financial strain.

PRU Life Care Advance Plus

PRU Life Care Advance Plus is a health insurance product that provides financial support in the event of an early-stage critical illness. It covers a wide range of critical illnesses, from early to advanced stages, including cancer, heart attack, and stroke. The plan offers a 25% Early Stage Critical Illness Benefit, which equates to 25% of the sum assured if the insured is diagnosed with one of the ten identified early-stage critical illnesses. This benefit can be availed of up to four times for different conditions. Additionally, the plan includes special benefits, such as a 10% payout for angioplasty, 20% for diagnosed diabetic complications, and 20% for advanced-stage cancer.

PRUHealth FamLove

PRUHealth FamLove is an affordable yearly renewable term protection plan that enables customers to share coverage against critical illnesses with eligible family members. It offers protection against both moderate and severe critical illnesses through the System and Organ Function Insurance (SOFI) concept. This plan can cover up to three eligible family members, including a spouse or life partner, and provides benefits such as the Family Extension Benefit (FEB). The main life insured can choose between the Moderate Critical Illness Benefit, which pays 50% of the policy sum assured, and the Severe Critical Illness Benefit, which pays 100% of the policy sum assured.

Group Insurance Package

Pru Life UK has partnered with leading health organizations to offer a Group Insurance Package for corporate clients. This package includes HMO benefits, life benefit, accidental death and disablement long-scale benefit, and terminal illness benefit. It also provides coverage for 15 pre-identified critical illnesses, such as heart attack, stroke, and cancer, through the Crisis Cover Benefit. This comprehensive package is designed to help Filipinos prevent, protect, and postpone the onset of diseases, especially during the pandemic.

With these critical illness protection plans, Pru Life UK ensures that customers can have financial peace of mind during challenging health situations.

Cancer diagnosis financial protection

Pru Life UK offers a Group Insurance Package that includes a Terminal Illness Benefit. This package is designed to help Filipinos prevent, protect, and postpone the onset of diseases, including cancer.

Cancer treatment is expensive, and even with health coverage, many plans do not cover everything. Out-of-pocket costs that insurance plans may require include premiums, deductibles, co-payments, and co-insurance costs. Cancer survivors often report higher out-of-pocket spending than people who have not had cancer, with some spending more than 20% of their annual income on medical care.

• Learn about the costs: Ask your cancer care team about the expected costs of your treatment and whether there are less expensive but equally effective options.
• Stay insured: Ensure your health insurance is active and up to date, and check if your plan has a case manager who can assist with medical bills and charges.
• Seek resources: Inquire about resources that can help with the cost of cancer treatment and other expenses, such as housing, transportation, and groceries. These may include government-funded programs, non-profit organizations, or community initiatives.
• Connect with specialists: Reach out to trained cancer specialists who can provide guidance and support. They can also connect you with essential services and resources throughout your cancer journey.
• Plan ahead: If possible, build an emergency fund or savings to prepare for unexpected costs. Additionally, consider investing in critical illness insurance or comprehensive health insurance that specifically covers cancer treatment.

By taking these proactive steps, you can reduce the financial burden associated with a cancer diagnosis and focus on your health and well-being.

Infectious disease financial protection

Pru Life UK offers a range of insurance products, including health insurance, to help ease the financial burden of hospitalisation, critical illness, accidents, and disability. While it is not explicitly stated that Pru Life UK provides coverage specific to infectious diseases, their health insurance plans do offer financial protection for a wide range of critical illnesses.

For individuals, infectious disease financial protection can be offered as a rider to an existing health insurance policy. A rider is an amendment to a policy that allows the insured to customise their coverage to address specific needs, often requiring an additional premium. This type of rider provides financial benefits if the insured individual is diagnosed with a covered infectious disease and meets certain requirements, such as hospitalisation for a specified number of consecutive days. The benefits can be used to cover various expenses, including hospital bills, medications, and daily living costs.

For businesses, infectious disease financial protection can be obtained through different types of business insurance coverage, such as business interruption insurance, worker's compensation, directors and officers policies, and errors and omissions policies. Business interruption insurance, for example, protects businesses from lost profits due to interruptions in their operations, including those caused by infectious diseases. It covers the costs of decontamination and sanitation of premises in the event of contamination during a pandemic. Worker's compensation, on the other hand, provides coverage for employees who are exposed to or contract an illness while on the job. Directors and officers policies protect shareholders from financial loss if an outbreak disrupts business operations and hinders production. Finally, errors and omissions policies, also known as professional liability insurance, cover damages that a facility must pay due to injury or death arising from a failure to provide professional services.

Accident and disability coverage

Pru Life UK offers accident and disability insurance through its PRUPersonal Accident product. This is a yearly renewable packaged protection plan designed to cover injury, disability, or death due to an accident. The plan is available to applicants from 5 to 64 years old, with different packages to suit various ages and occupations. The duration of the coverage is one year, with the option to renew up to age 70.

The basic personal accident package includes:

• PhP 100,000 Accidental Death and Disablement (ADD) Benefit
• PhP 100,000 Total and Permanent Disability Benefit
• PhP 50,000 Murder and Assault Benefit
• 5% of the ADD Renewal Bonus Benefit
• PhP 5,000 Burial Benefit

The full personal accident package includes:

• PhP 100,000 Accidental Death and Disablement (ADD) Benefit
• PhP 100,000 Total and Permanent Disability Benefit
• PhP 50,000 Murder and Assault Benefit
• 5% of the ADD Renewal Bonus Benefit
• PhP 5,000 Burial Benefit
• PhP 10,000 Medical Reimbursement Benefit
• PhP 500 Hospital Income Benefit

In addition to these packages, there are also optional benefits that can be attached to the plan, such as:

• Dangerous Sports Cover
• Field Trip Coverage
• Double Indemnity

To be eligible for PRUPersonal Accident insurance, individuals must meet certain requirements. These include being a Filipino citizen, residing in the Philippines, and being between 18 and 65 years old at the time of application. The policyowner and life insured must be the same person, and the individual must be in good health with no physical or medical impairments. They must also own a credit or debit card (Visa/Mastercard/JCB) to enable the purchase.

Pru Life UK also offers accident and disability coverage through its PRULife Your Term (PYT) plan, which is a yearly renewable and convertible term plan that provides death coverage. This plan includes benefits such as Accidental Death and Disablement (ADD), Accelerated Total and Permanent Disability (TPD), and Waiver of Premium due to Total and Permanent Disability (WPTPD).

Frequently asked questions