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UK insurer Prudential and South African insurer Discovery have teamed up to launch PruProtect, a joint venture offering a range of products that include life cover, income protection and severity-based serious illness cover. The move represents another joint initiative between the two insurers, which first teamed up in 2004 to launch UK health insurer PruHealth.
PruProtect products incorporate a feature of the PruHealth insurance products, the Vitality points...