Group Yearly Renewable Term (GYRT)

People are every organization’s best asset. Attract and retain the best people for your organization by providing them with attractive benefit packages through Philippine Prudential’s Group Yearly Renewable Term (GYRT).


GYRT Guaranteed Benefits:

  • Guaranteed Lump Sum Benefit – In case the insured member dies due to accident or illness, Philippine Prudential will pay the insured member’s beneficiary/ies the amount equal to sum assured.
  • Conversion Privilege – In case the insured member separates from the employer company due to resignation, termination or retirement, he/she has the option to continue this coverage without proof of insurability by converting it to any of Philippine Prudential’s individual payment plan. Sum assured may be equal to or lower than what employer company covered him/her for.

Optional Benefits Available:

  • Hospital Income Benefit – provides maximum of Php 2,000 per every full day of hospital confinement.
  • Accidental Medical Reimbursement – reimburses medical expenses incurred during hospital confinement due to accident. Amount is up to a maximum of 10% of Accidental Death Benefit coverage.
  • Cash Burial Benefit - provides a maximum of Php 20,000 and lump sum amount to cover burial expenses.
  • Ambulatory Services – pays for emergency ambulance assistance up to a maximum of Php 2,000

To know more about this product, you may contact Group Marketing at tel. no. (632) 755-1551 or call the Customer Service Hotline at (632) 902-2300.