Prudential Education Insurance Products in Indonesia
1. PRUEdu Protection
Overview: PRUEdu Protection is a dedicated education insurance product designed to secure the educational future of children. It combines savings with life insurance to ensure that children’s educational needs are met even in the absence of the policyholder.
Features:
- Education Fund: Builds a fund specifically dedicated to future educational expenses.
- Life Coverage: Provides a death benefit to secure children’s financial future.
- Premium Waiver: Premiums are waived in case of the policyholder’s death or total permanent disability.
- Flexible Plans: Various plan options to match different education goals and timelines.
- Regular Payouts: Scheduled payouts aligned with educational milestones, such as entering primary, secondary, and higher education.
Benefits:
- Future Security: Ensures uninterrupted education for children, safeguarding their future.
- Financial Planning: Helps parents systematically save for their children’s education.
- Protection: Combines savings with life insurance for comprehensive coverage.
- Peace of Mind: Assurance that children’s educational needs will be met regardless of unforeseen circumstances.
2. PRULink Edu Protection
Overview: PRULink Edu Protection is a unit-linked insurance product focused on education planning. It offers life protection while investing in various funds to grow the education fund over time.
Features:
- Unit-Linked Investment: Combines life insurance with investment opportunities.
- Education Fund: Builds an education fund through regular premium payments and investment growth.
- Flexible Premium Payments: Choose between regular or single premium payments.
- Top-Up Option: Additional premium payments can be made to boost the investment value.
- Rider Options: Customize the policy with additional riders such as critical illness and accidental death coverage.
Benefits:
- Life Protection: Ensures financial security for beneficiaries in case of the policyholder’s death.
- Investment Growth: Potential for investment growth through professionally managed funds.
- Education Focus: Specifically designed to meet the educational needs of children.
- Flexibility: Adaptable to changing financial needs and goals, with options to enhance coverage and investment.
3. PRUEdu Saver
Overview: PRUEdu Saver is a savings-oriented education insurance product that provides financial support for children’s education while offering life protection. It is designed to help parents systematically save for their children's future educational expenses.
Features:
- Education Savings Plan: Focuses on accumulating savings for future educational costs.
- Life Coverage: Provides a death benefit, ensuring that educational goals are met even if the policyholder is no longer around.
- Guaranteed Benefits: Offers guaranteed benefits at specific educational milestones.
- Premium Waiver: Waives future premiums in case of the policyholder’s death or total permanent disability.
- Flexible Contributions: Allows flexible contribution amounts to suit different financial capabilities.
Benefits:
- Systematic Savings: Encourages disciplined savings for children’s education.
- Guaranteed Payouts: Ensures financial support at key educational stages.
- Comprehensive Protection: Combines savings with life insurance for holistic coverage.
- Financial Security: Provides peace of mind knowing that children’s education is secured.
Prudential Indonesia’s education insurance products are designed to provide financial security and support for children’s educational journeys. These products ensure that parents can systematically save for educational expenses while enjoying the benefits of life protection, guaranteeing that their children's educational needs are met under any circumstances.