Yes – Pru Edusave benefits can be dedicated to other financial obligations you may have as the lumpsum benefit is paid out to you or your nominated beneficiary to determine how best to utilize this money.
Terminal illness refers to all those chronic illnesses that have no known cure or have progressed to a point beyond recover. Usually the assessing team will advise what the company has classified as a terminal illness and this is based on the risk appetite the Prudential policies accommodate.
Prudential contacts the customer three months before maturity to initiate the process until the point when the payout is made to the customer’s account.
The standard contracts do not cover pandemics like coronavirus, it is a cover we have extended freely to our existing and new active clients as we stand with them during these most uncertain times
No – all essential treatment will be given via the accredited panel of service providers. However, in the event of a genuine medical emergency, where it may become necessary that you have to seek and pay for treatment outside the panel, Prudential will need to be contacted to approve this. Only under these circumstances would you be allowed to pay and claim a reimbursement from your policy.
Valid and acceptable identity card, complete proposal form.
If you continue servicing your policy through resident bank accounts or trustees. If the insured event occurs, support documents will have to be certified to process benefit and payment is made to beneficiaries within Uganda Jurisdiction. The same applies for maturities as our policies do not allow for overseas transactions.
There two ways around it, you either know how much you are willing to contribute or you are convinced about how much you want after the tenure of your policy. With the above, Prudential will ably advise the eventual outcome from a cost – benefit relationship.
No, the mandatory medical tests initiated by the company are for cover that is beyond the medical limit to allow proper assessment of the risk the applicant possess. The findings will inform if the client is to be accepted at standard rates on pay more for the same cover.
Prudential allows one to change the nominee/beneficiaries as many times as they prefer. We also recommend that you share details of existence of your insurance policy with them, so that in the occurrence of an insured event they can claim payable benefits.
Cover is immediately the client issues the relevant instructions
The limits are varied depending on the clients’ requirements. We are able to “mix and match” according to the clients’ preferences. The detailed quotation will have both the benefit limits and the costs.
Simply by notifying us and filling out a member application form indicating your details as well as details of the members that are being added. You would also be required to pay the additional premium due for the new members.
In the event that you lose your card or it is damaged beyond use, we request that you call us or send an email reporting loss or damage of your card. In case the card was stolen we are able to deactivate it to stop the unwarranted use of your card by a stranger. You will then be required to pay the replacement fee before receiving your replacement card.