Prudential Life Insurance Ghana has introduced a free COVID-19 benefit dubbed ‘Pru Covered-19’ to support new and existing customers as the nation implements measures to mitigate the impact of the global outbreak of the coronavirus pandemic.
The new benefit takes effect from March 30, 2020, for existing customers and activated from the policy start date for new customers.
For the next 45 days, the benefit will provide Prudential Life customers with a COVID-19 cover under their in-force policies.
According to the company’s new guidelines, new customers will have a waiting period of 2 weeks, while existing customers will have no waiting period under the benefit due to the emergent nature of COVID-19.
The Pru Covered-19 includes a Diagnosis Benefit which pays a lump sum once a customer receives an official COVID-19 diagnosis; Hospitalization Benefit due to COVID-19 that provides the customer with daily cash pay-outs for up to 30 days; and a Death Benefit that pays a lump sum to customers or their beneficiaries as a result of a COVID-19 related death.
The CEO of Prudential Life Insurance Ghana, Emmanuel Mokobi Aryee, said the company takes pride in providing vital products and services to make people feel secure and comfortable in the face of uncertainty.
“In these extraordinary times when we face adversity, our work is even more critical. We prioritize the safety of our clients and their families and we are demonstrating this with the introduction of the Pru Covered-19 benefit.”
About Prudential Life Insurance Ghana
Prudential Life Insurance, a top 5 life insurance company in Ghana is a wholly-owned subsidiary of Prudential Plc which is an Asia-led portfolio of businesses focused on structural growth markets, with over 20 million customers and listed on stock exchanges in London, Hong Kong, Singapore and New York.
In Ghana, the company employs approximately 100 staff and over 1,500 agents helping its over 2 million customers in Ghana to de-risk their lives to deal with their biggest financial concerns through life and health insurance, as well as retirement and asset management solutions.