When it comes to insurance protection, it’s a common misconception that just the breadwinner needs coverage, when in reality, the entire family needs it too. No one can tell the future, and if a family member had a dire medical condition, serious financial constraints may follow if the family isn’t prepared for it. Medical insurance will provide protection when there are medical expenses while critical illness insurance provides a lump sum payout upon diagnosis of a critical illness. Covered well in these ways, a family can fully focus on the individual’s recovery. Prudential provides the flexibility to choose a policy based on affordability whereby for as low as RM100 a month, family members can get adequate protection via critical illness insurance. In addition to medical insurance where the cost of hospitalisation will be taken care of, critical illness insurance complements medical insurance where it serves as an income replacement if one is unable to work; coverage for lifestyle changes e.g. in renovating one’s home for better mobility/movement, etc; funds for alternative treatment; as well as funds for supporting/maintaining a family’s lifestyle
For those who prefer investment over protection in their financial planning, PRUMy Critical Care also provides protection and investment opportunity at the same time, allowing families to grow their wealth and enjoy financial protection concurrently.
Prudential goes far beyond just developing solutions that provide financial protection for a family’s health and wealth, but in planning their legacy as well. Financial legacy helps to secure the future of the children, and to ensure family members are free from the burden of inherited debts if anything untoward were to befall the policy holder. This is exactly the kind of protection offered by Prudential’s PRUProtect Xtra, an insurance solution which uses PRUWealth Plus as the basic plan. A policy holder can leave behind an inheritance without the burden of liabilities, with up to four times the coverage amount upon accidental death. Besides preserving a family’s legacy, PRUProtect Xtra can also enhance an insurance protection with critical illness and payor riders.
Honoured by their Awards in the BabyTalk & MamaPapa Readers’ Choice Awards 2020, Prudential remains guided by a purpose, and that is to deliver value propositions to consumers to protect their health and wealth so that they can get the most out of life and enjoy financial freedom and peace of mind through innovative solutions. Prudential is expanding beyond its core protection offering to become a partner in people’s health journey, helping them prevent and postpone the onset of diseases. Through their super app Pulse by Prudential (Pulse) is creating ecosystems of wellbeing that put health and wealth in individuals’ hands, enabling them and their families to live well, for longer.
The multi award-winning insurance company would like to remind readers that creating a financial safety net for themselves and their family will enable them to achieve their goals with peace of mind whether it’s giving their children a good education and a bright future, or making plans for retirement.
