PRU LIFE Insurance Corp. of UK (Pru Life UK) has launched a life insurance policy with cancer protection that also has a no-claim reward feature. “In the market, you will see some cancer protection products, but they cover late-stage cancer only. Meanwhile, the policy’s life insurance coverage guarantees a 30% death benefit depending on the coverage amount. “Because of the affordability and all, we target those who probably are just looking for a first experience in terms of life insurance. Pru Life UK booked a premium income of P52.84 billion and a net income of P7.103 billion last year, the latest Insurance Commission data showed.