During this emotionally and financially exhausting time, financially preparing for anything that may happen is of utmost importance. As we continue to live through the pandemic, everyone should learn the value of saving and investing to cover future uncertainties.

While it is better for Filipinos to have certain layers of protection not only for themselves but for their families as well, having the knowledge about what they are availing or investing is equally important.

Products that offer protection and investment rolled into one are a great start among Filipinos wanting to have security amid these challenging times. Among the many reasons why these products are sought after even by the ordinary Juans is the security and growth it provides financially.

For people who want to invest but are concerned about having to deal with certain critical illnesses, products such as the PRUHealth Prime is perfect for them. It eases the financial burden of battling cancer with a 50% cash out upon diagnosis of pre-defined early stage cancer while giving its subscribers the ability to build a bigger health fund with its investment component.

The PRULink Elite Protector is also among the products that offer maximum life protection with payment terms that are flexible to suit your needs while letting wealth grow faster with a greater portion of premiums invested in chosen funds. On the other hand, the PRULink Assurance Account Plus is a great fit for people who want a bigger and more comprehensive protection package at a lesser cost, while allowing continuous payment with a portion of your premium investable in your chosen fund.

Filipinos who want life protection coverage and start investing at any time and can afford to pay once may want to avail the PRULink Investor Account Plus and PRUMillionaire.

Apart from having life protection and investment for ourselves and our loved ones, below are also some money lessons that we can learn during the pandemic:

Track Your Expenses and Save

Budgeting is important. Start looking at your income and expenses. There are mobile apps that track spending and manage accounts, making this step much easier. While most people are staying at home because of lockdown and other restrictions, it is the best time to find small ways to save, such as canceling unnecessary subscriptions, refraining from buying fancy or unnecessary things, and making bigger shifts, such as moving in with family members to save money on rent and shared utilities.

Take Advantage of all the Financial Relief Programs

If you’re able to receive financial aid from the government or other institutions during the pandemic, it’s smart to take that opportunity. Use that money to spend on the most important things you need daily, like food. You can also set a portion of it for your electricity and housing rental because there are businesses who are giving their consumers payment extensions.

The Best Time to Invest is Now.

Many surveys and studies show that the earlier you invest, the better. A little amount of money invested now will put more money in your pocket in the future. If you can stay disciplined, you will reach your goals. You can maximize this in the long run just by starting now and staying on track. If you need assistance, consider hiring a financial advisor and do research on which company you may invest in.

The pandemic has been a wake-up call for many people to be concerned not just about their financial security but also their health protection. Getting life protection and investment in one, can be one of the smartest things that a person can do during this time. Having health, life protection, and money growth means you can prepare for most of the hospital expenses and for anything that may happen in the future such as illness, retirement, or even death, while still growing your wealth as you achieve your life goals.

To learn more about Pru Life UK’s Insuravest products visit www.prulifeuk.com.ph.

Leading life insurer Pru Life UK has launched its latest health protection product designed for the independent and empowered women in our lives, the PRUHealth Prime - Select Breast Cancer, through Pulse, the company’s all-in-one health and wellness app.

“This protection product, designed for the women in our lives, be it our mother, sister, daughter, daughter-in-law, or grandmother, goes a long way for less than Php 2 a day. With it Pru Life UK underscores women’s health by giving hardworking and caring Filipinas financial protection from breast cancer, currently the most common cancer among women in the Philippines and worldwide1,” shared Pru Life UK Chief Customer Marketing Officer Allan Tumbaga.

PRUHealth Prime - Select Breast Cancer comes in two packages. A one-time premium of Php 150 provides a lump sum amount of Php 10,000 upon diagnosis, while a one-time premium of Php 425 offers a lump sum amount of Php 10,000 upon diagnosis and a guaranteed lump sum amount of Php 20,000 when undergoing Mastectomy or Lumpectomy. This is valid for one year.

PRUHealth Prime - Select Breast Cancer protection is the first cancer-specific product offered in the market. The protection is available for purchase through Pulse, which can be downloaded for free on any Android or iOS mobile device. To get this product, visit this link.

Last month, Pru Life UK also introduced two new optional supplemental critical illness (CI) benefits or riders, the Select Top 42 and Select 523 Critical Illness riders to PRUHealth Prime, an insuravest plan with critical illness coverage against all forms of cancer.

The Select Top 4 Critical Illness Benefit provides for top 4 covered late-stage critical illness conditions, while the Select 52 Critical Illness Benefit provides for 52 covered late-stage critical illness conditions.

Customers who are availing of PRUHealth Prime but would want to be covered against other critical conditions can purchase either of the two new critical illness riders during the new business application process and/or after policy issuances.