Prudential-Standard Chartered Launches the PRULife Harvest Plan
Prulife Harvest Plan is not only protection but also financial security in retirement
REPUBLIKA.CO.ID, JAKARTA – Standard Chartered Bank Indonesia (Standard Chartered) together with PT Prudential Life Assurance (Prudential Indonesia) on Wednesday (3/2), launched the life insurance product PRULife Harvest Plan. This product is an optional product finance which not only provides life protection, but also makes it easier for customers to manage finances while providing financial resilience in retirement.
PRULife Harvest Plan provides a variety of flexibility and convenience for customers to prepare for their retirement. Through this product, customers can choose between five and 10 years of fundraising and retirement periods starting at the age of 45, 50, 55, or 60 years.
The PRULife Harvest Plan is currently available exclusively for Standard Chartered customers throughout Indonesia. More benefits that can be enjoyed by PRULife Harvest Plan customers, including life protection until the age of 70 years, periodic cash income benefits, cash income benefits at once, death benefits, as well as total and permanent disability benefits.
President Director of Prudential Indonesia, Jens Reisch, said the Covid-19 pandemic has increasingly proven that everyone cannot rely solely on savings as financial security after retirement. According to him, it is very important for everyone to start considering investing as early as possible in order to ensure self-welfare and enjoy a comfortable life in old age.
“The pandemic has also become a catalyst for Prudential Indonesia to strengthen our commitment to innovating various products and services to provide comprehensive protection for customers,” Reisch said in Jakarta, Wednesday.
Cluster CEO, Indonesia & ASEAN Markets (Australia, Brunei & the Philippines) Standard Chartered, Andrew Chia said that his party is pleased to partner with Prudential Indonesia. He said, as a leading life insurance company in Indonesia, Prudential visa presents the best selection of insurance products supported by excellent service to Standard Chartered customers.
“Through this collaboration, we want to remind the public again about the importance of planning for retirement to enjoy comfort both during the productive period and afterwards. PRULife Harvest Plan certainly adds to our line of bancassurance products for the dynamic needs of customers’ lifestyle,” said Chia.