Insider Spotlight
The new product responds to rising demand for insurance solutions that combine substantial coverage with shorter payment commitments. With PRUMillion Protect, policyholders can complete premium payments in just two years while maintaining long-term life protection.
“Customers want solutions that value their time, reflect their responsibilities, and offer meaningful protection even as circumstances change,” Garen Dee, chief product officer of Pru Life UK, said in a press statement on Feb. 18, 2026.
“With PRUMillion Protect, they get strong coverage without long-term payment commitments.”
By shortening the payment horizon, Pru Life UK is targeting entrepreneurs, professionals, and legacy planners who want to protect both family and business assets without locking into extended premium schedules.
How it works
PRUMillion Protect provides life insurance coverage equivalent to five times the base annual premium, or 105 percent of the fund value, whichever is higher.
It also includes built-in benefits for accelerated total and permanent disability, and accidental death and disablement, offering additional financial support during unforeseen events.
“Protection has emerged as a cornerstone of modern financial planning,” Dee added. “This is especially true for business owners, professionals, and family decision-makers, as well as legacy planners, who are navigating changing market conditions and growing personal responsibilities.”
Zoom in
The plan is available through a simplified insurability offer, removing the need for medical exams for qualified applicants. A high-fund allocation structure allows policyholders to potentially grow their fund value faster, helping sustain coverage over time.
It is open to individuals aged seven days to 70 years old, with coverage extending up to age 85, subject to policy terms and conditions. A loyalty bonus begins on the 10th policy year and is granted every five years thereafter to reinforce long-term value.
The bottom line
“For many Filipinos today, having protection is seen as a mark of financial maturity,” Dee said. “It demonstrates foresight, responsibility, and care for one’s family, business, and future. With PRUMillion Protect, they can be assured of getting substantial protection.”
Background
Established in 1996, Pru Life UK is one of the country’s leading life insurers, operating in more than 200 branches and general agency offices nationwide and supported by close to 38,000 licensed agents.
The company offers life protection, health, accident and disability, and investment-linked insurance solutions, serving over 930,000 individual policyholders and more than 85,000 insured group members. —Vanessa Hidalgo | Ed: Corrie S. Narisma
