Pru Edusaveplus

Preview

Pru EduSavePlus is an endowment assurance policy designed to help parents and guardians save towards their children’s future education while providing financial protection against life’s uncertainties. The plan combines disciplined savings, life insurance protection, annual bonuses, and flexible payout options to support educational milestones.

Plan Overview

  • Designed to help customers save for their children’s future education expenses.
  • Flexible policy terms ranging from 5 to 15 years.
  • Offers phased payout options aligned with a child’s educational journey.
  • Provides financial protection in the event of death or total permanent disability of the policyholder.
  • Includes an optional Inflation Protector to help maintain the value of benefits over time.
  • Eligible for annual discretionary bonuses while the policy remains active.

Key features of – Pru Edusaveplus

Cover Requirements

For Principal

Pru Edusaveplus Benefits

Death Benefit

In the unfortunate event of death due to natural or accidental causes, Prudential will immediately pay 20% of the Sum Assured, capped at UGX 10 million, as last expense support. The policy remains in force under a premium waiver arrangement until maturity. At maturity, the Sum Assured together with accrued bonuses is paid either as a lump sum or through phased instalments.

Total Permanent Disability Benefit

If the policyholder becomes totally and permanently disabled due to natural or accidental causes, Prudential will immediately pay 20% of the Sum Assured, capped at UGX 10 million. The policy continues under waiver of premium until maturity when the Sum Assured plus accrued bonuses are paid.

Waiver of Premium Benefit

Should death or total permanent disability occur during the policy term, all future premiums are waived. The policy remains active until maturity without requiring any further premium payments from the policyholder.

Annual Income Benefit

Following a valid death or total permanent disability claim, beneficiaries will receive 20% of the Sum Assured, capped at UGX 10 million, on every policy anniversary until policy maturity.

Annual Bonuses

Prudential may declare discretionary annual bonuses while the policy remains active. Any bonuses declared are added to the policy benefits and paid according to the policy terms.

Maturity Benefit

At maturity, 100% of the Sum Assured together with accrued bonuses will be paid. Customers may choose either: Lump Sum Payment, Phased Instalment Payments. This option is selected at policy commencement

General Pru Edusaveplus Frequently Asked Questions

Pru EduSavePlus is an educational savings and protection plan that helps parents and guardians build funds for future education expenses while providing life insurance protection.
A grace period of 90 days is provided. If premiums remain unpaid after the grace period, the policy may lapse or convert to paid-up status depending on eligibility
Yes. A lapsed or paid-up policy may be reinstated within 24 months subject to Prudential's reinstatement conditions and any applicable interest or medical requirements.
Clients Feedback

Our Clients Reviews

Thank you, Prudential, for your promptness on the Toll-free line and the WhatsApp group. Martha, Ritah and Elliot, thanks for the super work that you do.

    Immaculate Gonza.

    Centenary Bank.

    Am a service provider and I have worked with so many Insurance companies but by far “The Pru”, has proved to be very prompt when it comes to payment.

      Joel Oroni.

      IMC General Manager.

      Thank you Ritah for your kindness. You really helped me when I was stuck at Doctor's hospital Sseguku. May God reward you abundantly.

        Jacenta Ashaba

        Centenary Bank.

        Thank you Ritah! Thank you that you do not use automated machines, but we get to speak to people like you. We appreciate Prudential, you guys have come into the market with your new thing and it is good. Medical wise we are happy with Prudential!

          Julius Lubega.

          Centenary Bank

          Thank you, Prudential, for the birthday message, I also received messages for my dependants.

            Gertrude Nahabwa

            Centenary Bank

            Give Us A Call

            0800-200-052

            Send Us A Message

            customercare@prudential.ug

            Office Location

            10th Floor, Zebra Plaza, Plot 23 Kampala Road, Kampala

            Prudential Uganda is regulated by the Insurance Regulatory Authority of Uganda, whose main responsibility among others, is to ensure that insurance companies honour claims. Furthermore, Prudential Uganda is a subsidiary of Prudential plc, UK, a company that has been honouring claims for over 175 years.

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