Prulife lengthens premium payment deadlines

MANILA, Philippines - Pru Life UK is extending by 60 days to the standard 31-day grace period for premium payments in areas severely affected by Typhoon Yolanda. The company’s initiative to alleviate the difficulties caused by the calamity is in accordance with President Benigno S. Aquino’s Presidential Proclamation 682 declaring a state of national calamity in the aftermath of the super typhoon. The extended grace period will apply to premium payments with due dates between Oct. 8 and Dec. 8, 2013 in the following areas as identified by the National Disaster Risk Reduction and Management Council (NDRRMC) in their situation report released November. 13: The municipalities of Batangas, Cavite, Laguna, Quezon and Rizal in Region IV-A; Marinduque, Occidental Mindoro, Oriental Mindoro, Palawan and Romblon in Region IV-B; Albay, Camarines Norte, Camarines Sur, Catanduanes, Masbate and Sorsogon in Region V; Aklan, Antique, Capiz, Guimaras, Iloilo and Negros Occidental in Region VI; Bohol, Cebu and Negros Oriental in Region VII; Biliran, Eastern Samar, Leyte, Northern Samar, Western Samar and Southern Leyte in Region VIII; Bukidnon, Camiguin, Lanao Del Norte and Misamis Oriental in Region X; Compostela Valley and Davao Oriental in Region XI; and Agusan Del Norte, Dinagat Islands, Surigao Del Norte and Surigao Del Sur in Region XIII.