PRUEdu Save

PRUEdu Save
Your children’s education is important, secure its today.

The dreams for our children start from the day they are born! One thing which links our
dreams today to reality is the plan we lay at the start.

PLAN OVERVIEW
PRUEdu Save is a shilling denominated product that combines benefits of savings and life
insurance.

Why Should You Sign Up?

• To ensure that your child’s education is not at risk when you are not around to take
care of it.
• It provides for attractive annual bonus awards that will boost your final maturity
benefit pay out.
• It is ideal for disciplined financial planning to provide for future education costs,
lumpsum for business or family investment e.g., a home.

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Key Product Features
Entry age; minimum 18 years and maximum 60 years
Policy duration; minimum 5 years and maximum 20 years
Minimum premium Ugx 100,000

Product Benefits
i. In the event of death, 50% of the Sum Assured (Target) is paid
immediately upon death OR Permanent disability, plus the full maturity value (100%) at
the expiry of the term.
ii. No need to pay any future premiums after the occurrence of the unfortunate
event.
iii. If the policy holder is still alive at the expiry of the term selected, Prudential will
pay full maturity value i.e. the sum assured plus accrued bonuses.
iv. No waiting period, coverage takes immediate effect.
v. No additional charges. We don’t levy any additional costs to its clients such as
administration fees, registration fees and others.
vi. Flexible payments options at maturity of the policy i.e. Lump sum or termly.
vii. The estimated maturity benefit remains applicable even after the unfortunate
event.

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Policy Conditions
• Premium are paid monthly, quarterly, half yearly or yearly. If you stop paying the
premiums in the first three years, the policy will lapse, and you will not be entitled to
any money. After three years, you can surrender the policy and get some money back.
• During the application process, we will ask you questions about your personal
circumstances, and we may request additional information from you to make an
assessment and offer you a policy. You are required to answer all questions honestly
and accurately.
• Claims can be made upon death, total disability or at maturity of the policy. We will
not pay a claim in any circumstances that are shown under the exclusion section in
your policy schedule.
• Medical examinations of the life insured or tests (including blood tests) on the life.
• insured will be carried out at our expense at such intervals as we may reasonably
require, having regard to individual circumstances, by a medical examiner appointed
by us.

Policy Exclusions
• Suicide with in the first three years of the policy
• Military service &civil commotion, war or aviation
• War riot and civil commotion (non-military
personnel)

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ABOUT PRUDENTIAL UGANDA
Prudential Assurance Uganda Limited is a wholly owned subsidiary of Prudential plc which
provides life and health insurance and asset management, with a focus on Asia and Africa.

The business helps people get the most out of life, by making healthcare affordable and
accessible and by promoting financial inclusion. Prudential protects people’s wealth, helps
them grow their assets, and empowers them to save for their goals. The business has more
than 17 million life customers in Asia and Africa and is listed on stock exchanges in London,
Hong Kong, Singapore and New York.

Prudential Uganda is regulated by Insurance Regulatory Authority.

ABOUT PRUDENTIAL AFRICA

Prudential has deep roots in Africa – in Africa, we issued our first life insurance policy in
Uganda in 1932.

We were delighted to return to Africa with the launch of our new life insurance businesses
in Ghana, Kenya, Uganda, Zambia, Nigeria, Cote d’Ivoire, Togo and Cameroon. Already, we
are one of the region’s fastest-growing life insurers, with over a million customers.

OUR TRACK RECORD

Prudential has a long and proud history of keeping our promises to customers. In the
First World War, we paid claims on more than a third of the British soldiers who gave their
lives. Following the sinking of the Titanic in 1912, we paid claims in respect of 324 of the
passengers.

Now the benefits of life insurance and saving from a company with over a 170-year track
record of integrity and financial strength are available to Ugandans.

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 CONTACT US
Tel:+256-312 251400, 0800200052 Whatsapp: +256- 707444467
Email: customercare@prudential.ug
Website: www.prudential.ug

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