This is one of the world’s largest and strongest insurance companies offering personal life insurance, group plans, overseas travel insurance and health insurance solutions. By staying true to their founding values of integrity, security and prudence, Prudential Life Zambia has become one of the best-known and most trusted financial service companies in the world. Today, Prudential serves around 24 million customers in the UK, the US, Asia and Africa.
Prudential Life Zambia's range of personal life insurance products are well spread to suit the basic protection needs of every customer. Each product is designed to be able to provide the customer with protection, offering peace of mind with regards to the provision of individual protection needs.
Personal life insurance policies
Policies that suit the basic protection needs of every customer
Providing customers with a world-class service and claims support
Prudential Life Zambia is committed to providing its customers with a world-class service and claims support. Insurance products offered include:
Pru flexi save policy
An investment policy that provides customers with the opportunity to save and grow their money while enjoying life protection. It is a hybrid term assurance policy providing life cover and savings on flexible terms.
Pru smart child education plan
This is a life policy designed for individuals who plan to make provisions for their children’s future school fees. The policy gives a handsome maturity and security in case of premature death of the policyholder.
Pru smart lady plan
An endowment plan that addresses the various protection needs of women, affording them peace of mind and providing some form of financial benefit.
Funeral expenses policy
This is a simple way to plan and provide for unforeseen funeral expenses. Customers who purchase this life plan are able to mourn and bury their loved ones with dignity. An individual may buy the policy for themselves or a family member.
Funeral expenses include money spent during funeral gatherings, burial preparation and procession of the funeral service. (Food, firewood, tents, chairs, transport, coffin/casket, mortuary fees, body preparation, cremation, securing of burial sites, export of remains, and many other services and amenities depending on a client’s exact needs.)
Who is to be covered?
A client will be required to provide a list of family members who are to be covered. All he/she needs do is to state the names and dates of birth of all those to be covered.
How much is the cover?
For each member included on the policy, a client is required to state the amount of cover (value of money needed for funeral expenses) against each of the names in case they died. Prudential can cover each person up to ZMW25,000
Pru whole life policy
A policy that provides protection throughout the life of the insured person. It creates peace of mind in a family by eliminating worries arising from the loss of a breadwinner, who may also opt to use the policy as a post-retirement benefit.
This is a flexible savings policy that provides higher returns for higher investment, allows regular withdrawals, provides life cover for the policy holder and rewards loyalty with generous maturity bonus. Start saving today and live a worry-free life
This is a funeral insurance policy, designed to protect you from unforeseen demise of the insured.
The loss of a loved one is usually sudden and can be emotionally overwhelming. In addition to the sense of loss, funerals are defined by financial stress. That is why the Pru Flexi Farewell Plan is the perfect product to assist you in making provisions for your funeral or that of a loved one.
With the policy owner being an employer or organisation, this is a single contract that covers a group of employees. Providing life insurance cover to employees lets them know that they are a valuable part of a company – and so are their families. Prudential Life Zambia offers employer sponsored life plans and credit life assurance.
A single contract that covers a group of employees
Sponsored life plans and credit life assurance
Cover lets staff know that they are a valuable part of a company
Group life cover offered by Prudential Life Zambia
Employer sponsored life plans
These plans are arranged and paid for by businesses on behalf of their employers as part of an employee benefit package. This type of cover can also be arranged by not-for-profit organisations on behalf of their members.
Group life assurance scheme
Usually employer-sponsored, this policy provides a lump sum death-in-service benefit to the dependants of a deceased employee. The level of cover is often expressed as a multiple of the employee’s last notified annual salary. The group life assurance scheme may be issued with riders such as disability benefits, critical illness benefits and funeral benefits. The level of cover of benefits can also be stated as a flat sum.
Group last expense cover
This is similar to the group life assurance scheme, except it is designed to support costs incurred after demise such as funeral expenses and burial preparations. It can be extended to cover family members as well. Benefits can also be stated as a flat sum. Death cover is either due to an accident or natural causes.
Credit life assurance policy
An insurance policy that is designed to ensure that providers of loans or other debt are covered in the event of the borrower’s death, temporal or permanent disability, and/or loss of employment due to retrenchment.
A Group Life Assurance Policy provides lump sum death-in-service benefit to the dependants of a deceases employee. The policy is usually employer-sponsored. The level of cover (benefits) is often expressed as a multiple of the employee’s last notified annual salary. The policy may be issued with riders such as disability benefits, critical illness benefits and funeral benefits. Group Life Assurance level of cover of benefits can also be stated as a flat sum.
This is similar to GLA, except it is designed to support costs incurred after demise such as funeral expenses, burial preparations etc. It can be extended to cover family members as well. Benefits can also be stated as a flat sum. Death cover is either due to an accident or natural causes.
This is a policy that provides for the payment of an outstanding loan in the event of the occurrence of the death of the policy holder. This insurance plan provides cover for the payment of an outstanding loan on consumer durable goods like; household items, electronics etc.
Overseas travel insurance offers great benefits, ranging from medical expenses cover in the event of an unexpected illness or accident, pay-outs for travel delays and lost property during travel. Prudential Life Zambia gives travellers peace of mind knowing that they are covered by a plan that meets their unique travel insurance needs.
Cover for medical expenses, travel delays and lost property
Plans that meet each client’s unique travel insurance needs
Benefits of getting travel insurance from Prudential Life Zambia
Medical repatriation and other medical expenses cover in the finest hospitals worth up to USD $250,000
Third Person benefits in case of death up to USD25, 000
Emergency dental treatment cover up to USD150
Personal accident cover up to USD25, 000
Claims worth over USD100 per person
Personal possessions (luggage) loss payouts up to USD1, 000
Passport loss payout of up to USD150
Baggage delay payout (in excess of 12 hours) up to USD150
Prudential overseas travel insurance offers great benefits, ranging from medical expenses cover in the event of an unexpected illness or a sudden accident, pay-outs for travel delays, lost property, when you travel outside Zambia.
Medical insurance schemes
Prudential Life Assurance Zambia offers a wide selection of health care solutions for companies to offer their employees. Medical insurance schemes offer financial protection by guaranteeing future health care bills to be settled within the limits given to the insured over a 12-month period. Prudential has also partnered with Medland Hospital in Lusaka to offer the Medland Individual Hospital Plan.
Prudential's Medical Scheme Benefits
Each cover level has Out-patient benefits and In-patient benefits, covering medical expenses of members incurred within Zambia as well as those incurred when evacuated to pre-determined countries depending on the policy plan.
Out-patient services are the day-to-day hospital visits which includes consultation, lab tests and medication as well optical and dental services.
In-patient services are rendered when a member is admitted into a medical facility, including accommodation, doctors' fees and medication.
Medland Individual Hospital Plan
The Prudential Medland Plan was established in 2021 in partnership with Medland Hospital on Mukonteka Rd, Lusaka. This is a medical scheme that provides essential affordable healthcare limited exclusively to Medland Hospital. This hospital is Zambia’s first private hospital that offers international standard specialised and comprehensive medical services in Lusaka, Zambia. Contact Medland Hospital directly for membership enquiries: