Pru Life UK teaches money lessons during pandemic

During this financially and emotionally exhausting time, being financially prepared for anything unexpected is of utmost importance. As we live through the pandemic, everyone should learn the value of saving and investing to cover future uncertainties.

While Filipinos should have specific layers of protection not only for themselves but also for their families, knowing what they are availing or investing in is equally important.

Such a great start among Filipinos wanting to have security amid these challenging times is availing of products that offer protection and investment rolled into one. One important factor that many - even by the ordinary Juans - avail of these products is the security and growth it provides financially.

For individuals who want to invest but are concerned about dealing with certain critical illnesses, products such as the PRUHealth Prime are perfect for them. For example, it eases the financial burden of battling cancer with a 50% cash-out upon diagnosis of pre-defined early-stage cancer while giving its subscribers the ability to build a more significant health fund with its investment component.

The PRULink Elite Protector is also among the products that offer maximum life protection with payment terms that are flexible to suit your needs while letting wealth grow faster with a more significant portion of premiums invested in chosen funds. On the other hand, the PRULink Assurance Account Plus is an excellent fit for people who want a more extensive and more comprehensive protection package at a lesser cost while allowing continuous payment with a portion of your premium investable in your chosen fund.

Filipinos who want life protection coverage and start investing at any time and can afford to pay once may wish to avail the PRULink Investor Account Plus and PRUMillionaire.

Apart from having life protection and investment for ourselves and our loved ones, below are also some money lessons that we can learn during the pandemic:

Track Your Expenses and Save

Budgeting is important. Start looking at your income and expenses. There are mobile apps that track spending and manage accounts, making this step much more manageable. While most people are staying at home because of lockdown and other restrictions, it is the best time to find small ways to save, such as canceling unnecessary subscriptions, refraining from buying fancy or unnecessary things, and making more significant shifts, such as moving in with family members to save money on rent and shared utilities.

Take Advantage of all the Financial Relief Programs

If you can receive financial aid from the government or other institutions during the pandemic, it’s wise to take that opportunity. Use that money to spend on the most important things you need daily, like food. You can also set a portion of it for your electricity and housing rental because businesses are giving their consumers payment extensions.

The Best Time to Invest is Now

Many surveys and studies show that the earlier you invest, the better. A tiny amount of money invested now will put more money in your pocket in the future. If you can stay disciplined, you will reach your goals. You can maximize this in the long run by starting now and staying on track. If you need assistance, consider hiring a financial advisor and research on which company you may invest in.

The pandemic has been a wake-up call for many people to be concerned about their financial security and their health protection. Getting life protection and investment in one can be one of the smartest things that a person can do during this time. Having health, life protection, and money growth means you can prepare for most hospital expenses and for anything that may happen in the future, such as illness, retirement, or even death, while still growing your wealth as you achieve your life goals.

To learn more about Pru Life UK’s Insuravest products, visit


Why an Emergency Fund Is More Important Than Ever [Internet]. Investopedia. 2021 [cited 30 September 2021]. Available from:

Managing your money during and after coronavirus [Internet]. American Psychological Association. 2020 [cited 2 September 2021]. Available from:

How Life Insurance Shopping Has Changed During The Pandemic [Internet]. Forbes. 2020 [cited 9 August 2020]. Available from

The value of insurance during a crisis [Internet]. BusinessWorld Online. 2021 [cited 17 May 2021]. Available from