Saturday 28 May 2011

Philam Life Savings Insurance

Philam Life understands how important it is to plan ahead for important occasions, activities, events such as saving for your children's education.


It is well known that the earlier financial planning is started, the better possibility there is of getting higher returns over time. Philam Life has various saving plans for achieving financial goals and securing the lifestyle that you desire. So start planning early and reap the rewards!


Savings Insurance:


Build and Protect is a peso-denominated, 15-year participating endowment savings and life insurance plan in one with the following benefits:


Insurance benefit to be paid upon the death of the Insured equal to 200% of the Face Amount
Lump Sum benefit equal to 200% of the Face Amount to be paid at the end of Year 15
Annual Dividends* to be paid at the end of the Last Premium Payment Policy Year** up to Year 15
Additional Maturity Bonus Dividend* equal to 20% of the Face amount to be paid at the end of Year 15
Affordable monthly premiums for as low as P1,800.00 only***
* Dividends and Maturity Bonus are non-guaranteed
** Last Premium Payment Policy Year refers to the end of the 5th policy year and 10th policy year for 5-pay and 10-pay variants, respectively.  Any paid-up policy under the Non-Participating Reduced Paid-Up Non-Forfeiture Option is not qualified to enjoy Company earnings through dividend payments
*** 10-pay variant for Age 30, P100,000 face amount

Product details

Available for ages 0 to 70
Available in Peso denomination
Affordable minimum coverage of P100,000 for Peso
Limited payment period of 5 years and 10 years
* Available in Peso and dollar denominations

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