Prudential launches a Platinum Savings product

April 13, 2019

On Friday 12th April 2019, Prudential Life Assurance launched a new product called PRU Platinum Smart Saver, at a dinner held at Taj Pamodzi Hotel.

In his speech, the CEO of Prudential Life Assurance Mr Krishnaswamy Rajagopal said, “Prudential Zambia launched in July 2016 following the acquisition Professional Life. We are celebrating our 3rd anniversary this year. Today Prudential Zambia is now the second largest life Insurance company in the market. We continue to be excited by the opportunities in Zambia. With a below 5% insurance penetration, there is a significant protection gap that we are here to help fill with our various protection and investment products.

Commenting on the product The Chief Operating Officer Mr Damian McGeown, said “The new PRU Platinum product is a wealth management solution that enables customers to make lumpsum investments while enjoying life protection. Clients will be able to enjoy a life cover of twenty-five thousand kwacha (K25,000), top-up their investment at any time, enjoy a maturity bonus and special interest add-on with high investments.

As Zambia continues to see a growing need for insurance services Prudential Life Assurance Zambia is committed to being a part of a developing and thriving life insurance industry that will benefit Zambians and most importantly a source of long-term finance for the country’s economy by introducing customer centric products that benefit the Zambian people.

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