Prudential...

Prudential insurance

With over 21 million patrons world wide, Prudential Life Insurance Company is the leading financial services company. Its the UKs best Insurance agency having its operations extended to over 12 countries in Asia. Prudential Insurance has a reputation of being the best and most successful premium policy till now. And, despite of competition from the more established insurance companies, Prudential insured around one-third of UK population in the early 1900s. Compared to the size of UKs economy and financial markets, the company became more powerful than the US and Japanese insurance firms. In recent years, Prudential has concentrated in specialized areas particularly in profits and annuities, where it holds a major chunk of market share. These days, the companies services and product range has extended to a wider range like personal banking, insurance, pensions and retail investments, property investments to institutional fund managemen

Brief history of the Prudential Insurance

Prudential Private Limited Company was founded on 30^th May, 1848 in London, as The Prudential Mutual Assurance Investment and Loan Association. The initial services offered were of providing loan to professionals secured through life assurance. The company became Prudential Assurance Company in the year 1867 and following the Limited liability Act in 1880, became a limited company in 1881.

Prudential services and operation

In addition to its original business in UK, Prudential Plc have two other overseas business establishments. In Asia, Prudential is the largest life insurance agency, which operates through Prudential Corporation Asia. They were the first UK Company to re-establish life insurance agency business in China, in the year 2000. There business is also spread across in Hong Kong, Taiwan, Japan, Korea, Singapore, Thailand, Indonesia, Malaysia and Philippines besides a series of operating networks in US.

prudential medical

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MEDICAL CARD (MEDICAL CARD) Prudential BSN Takaful Berhad (PruBSN)
Options & Additional benefits in the Plan Prudential BSN Takaful Berhad (PruBSN) - Takafulink

 1. Death and Disability Due to Accident
 Reimbursement of Medical Accidents. Accident benefits to be added to your primary protection benefits.
2. Medical Coverage If you are admitted to hospital due to illness or injury, you will receive a fixed cash payments for Hospitalisation Assistance, Intensive Assistance and Aid Surgical Procedure.
3. Major Medical coverage (Medical Card) Provide medical cover (medical card) for the benefit of Hospital and Surgical and Outpatient Treatment If you are hospitalized or require outpatient treatment due to illness or injury. This also includes Emergency Medical Assistance.
4. Hospital Benefit Provides daily cash assistance if you are admitted to hospital
5. Disability Assistance Income Protection Krisis.Manfaat is paid each year if you have a Total and Permanent Disability (HUMK) or critical illness before reaching the age of 60 years.
6. Crisis Coverage Protection of critical illness, which is known to be used in the times when you most need it.
7. Weekly Indemnity Provide weekly cash assistance if the participant disability due to accident.
8. Contributors Pay the annual benefit if you attack critical. Payments cease upon your death.
9. Contributor, or the Parent Partners If the spouse or parent dies or suffers HUMK or diagnosed with critical illness, these benefits will help you to pay contributions to the Takaful plan for the future.

Pruchild Insurance..

Profile

Prudential ICICI Asset Management Company, (55%:45%) a joint venture between Prudential, UK`s leading insurance company and ICICI, India`s premier financial institution. The joint venture was formed with the key objective of providing the Indian investor mutual fund products to suit a variety of investment needs. The AMC has already launched a range of products to suit different risk and maturity profiles.

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Prudential plc was founded in 1848. Since then it has grown to become the largest provider in the UK providing a wide range of savings products for the individual including life insurance, pensions, annuities, unit trusts and personal banking. It has a presence in over 12 countries, and caters to 10 million customers. It manages assets of over US$ 247 billion (June 30, 1999).ICICI Ltd was established in 1955 by the World Bank, the Government of India and the Indian Industry. Since inception ICICI has grown from a development bank to a financial conglomerate and has become one of the largest public financial institutions in India. ICICI has financed all major sectors of the economy, covering 6,811 companies and 16,632 projects. As of December 31, 1999 ICICI had disbursed a total of Rs. 1,065 bn since inception.

Prudential Assurance Malaysia Bhd (PAMB) expects its latest protection plan called "PRUmy child" to boost its education insurance segment to contribute between 15 to 20 per cent to overall new business this year .
Its chief executive officer Charlie Oropeza said the latest child education policy will contribute the bulk of the company's premium growth as demand has been increasing in anticipation of an annual birth rate of 500,000.

"Today's world is very challenging for expecting mothers and their unborn babies, especially during the growing up period. Thus, we believe the unique features offered via PRUmy child will help to boost our premium growth for education plans for this year," he told reporters after the launch of the new policy in Kuala Lumpur yesterday.

PAMB hopes to continue recording strong growth in new business annual premium in tandem with the economic recovery.

"We registered a 24 per cent growth last year and intend to do much better this year," Oropeza said.
Last year, PAMB achieved a record RM817 million in new business annual premium, of which 85 per cent of the sales came from its investment-linked products.

PRUmy child, which comes with a minimum annual premium of RM600, is the first of its kind child insurance plan that offers coverage during the crucial pregnancy and infancy periods.

It can be purchased for the unborn child as early as 18 weeks into the pregnancy, or for the child who is between one and 18 years old.

The parent must be aged between 18 and 60 to own the policy.

Apart from providing the child with an unprecedented protection before birth, PRUmy child also allows parents to further secure the child's well-being with other riders that are linked to medical, accident and critical illness.