Do I need insurance?
Product Benefits
- 1-year term product
- Easy to renew up to age 65
- Cash benefit that is paid one-time in the event of natural death, accidental death and/or critical illness
- Option for uninterrupted coverage with the convertibility feature
- Provides Financial Security: PRUFlexiprotect1 ensures that beneficiaries of the Member will be cushioned from the devastation caused by disruption of income should death occur. Members may be covered for as low as 50,000 MMK. For employer-employee accounts, providing this benefit cements the care of the company to its employees and is seen as vital element in attracting and retaining talent.
- Option for Uninterrupted Protection: Members of PRUFlexiprotect1 coverage have the option to convert to PRUFlexiprotect PLUS or any existing permanent plan without proof of good health. They can avail of this option at the time of leaving their employment or organization or before age 60 whichever comes first.
Enhance the Protection of your Members with Add-on Benefits
Accidental Death Benefit
This benefit has its own sum assured and it will pay-out should the Member die due to accident.
Double Indemnity Benefit
This benefit doubles the sum assured of your Accidental Death Benefit, should death occur as a result of accident while being a passenger of a Mass Public Transportation. It shall consist of commercial trains (including the urban rail vehicles), buses, airlines, ships and ferries with fixed routes for fare-paying passengers.
Critical Illness Benefit
This benefit ensures there is money for treatment should Member be diagnosed with any of the 20 critical illnesses covered by this product. 25% of the sum assured, whichever is lower, becomes available if the Member is diagnosed by a licensed Physician to have any of the following Early Stage Critical Illnesses: Late Stage diagnosis pays 100% of this benefit’s sum assured or remaining 75% should Early Stage claim has already been made.
Early Stage Critical Illness | Late Stage Critical Illness |
1. Early Stage Cancer – carcinoma in situ and other early cancers of specified organs | 1. Major Cancer |
2. Insertion of a permanent cardiac pacemaker or defibrillator | 2. Heart Attack of Specified Severity |
| 3. Coronary Angioplasty | 3. Coronary Artery By-Pass Surgery |
| 4. Carotid Artery Surgery | 4. Stroke with Permanent Neurological Deficit |
| 5. Cerebral Aneurysm Surgery | 5. End Stage Liver Failure |
| 6. Partial surgical removal of the liver | 6. End Stage Lung Disease |
| 7. Surgical removal of one Lung | 7. Kidney Failure |
| 8. Surgical removal of one kidney | 8. Open Chest Surgery to Aorta |
| 9. Minimally invasive surgery to aorta | 9. Open Chest Heart Valve Surgery |
| 10. Small Bowel Transplant | 10. Major Organ Transplant |
Please note: For full definition and explanation of the above diseases, please ask your Prudential Sales Representative.
Note: Please check here for claim guidelines.
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