Savings
"Sana matupad ko ang mga pangarap ko para sa pamilya ko."
We understand how important it is to save up and plan ahead for your dreams such as setting up your own business, going on that grand vacation to Europe, starting up a family of your own, or just enjoying your well-earned golden years.
The earlier you start with financial planning, the more time you will have to build and grow your savings. That’s why we offer various saving plans to help you achieve your financial goals and live the dream you’ve always desired!
Contact a Philam Life Financial Planner
Contact us at (02) 528-2000 or
email us at philamlife@aia.com.
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Our Savings Plans
We are your trusted partner in saving for the future, or the unexpected.
We know that you strive to provide for your family’s security and protection while setting aside funds for your other needs. Let us help you cover your security and savings needs through Philam Life’s Bounty, a savings and life insurance plan-in-one that has guaranteed TRIPLE benefits!
Guaranteed Cash Benefits
- You will receive an annual cash benefit of 10% of your face amount from the 11th year to the 20th year of your plan.
- At the end of the 20th year, you will also enjoy a lump sum cash benefit DOUBLE your plan’s face amount.
- You can also get additional dividend earnings to boost your cash benefits.
Guaranteed Life and Accident Insurance Protection
- You can secure your family’s future with life insurance protection and comprehensive accident coverage for 20 years.
With Bounty, you can now get guaranteed cash benefits, life insurance protection, and accident coverage that is 3x your plan’s face amount!
We enhance your protection and security with our add-on benefits.
For a better insurance protection coverage, you may opt to add these benefits to your basic Bounty plan:
Accident and Health (A&H)
In case of death, dismemberment or total and permanent disability, Accident and Health (A&H) Benefit provides you with additional protection coverage. You also have an option to add Medical Reimbursement and Weekly Income benefits on top of your plan.
Waiver of Premium / Waiver of Premium Plus (WP/WP+)
In case you become totally and permanently disabled, you and your family will not have to worry about paying for your premiums when you have a Waiver of Premium (WP) Benefit. You can have more peace of mind by availing our Waiver of Premium Plus (WP+) Benefit. Not only will your premium payments be waived, you and your family will also receive an annual disability income equivalent to the waived premium.
Payor’s Benefit Death and Disability (PBDD)
Payor’s Benefit Death/ Payor’s Benefit Death and Disability (PBD/PBDD) waives the remaining premiums on a juvenile policy in case the payor dies or becomes totally and permanently disabled before the child reaches age 25 or before the policy’s maturity or termination, whichever comes first.
Accidental Death Benefit (ADB)
If the cause of death is due to accident, Accidental Death Benefit (ADB) provides your family an additional amount on top of the deceased's basic plan.
Yield Enhancer Rider (YER)
Yield Enhancer Rider is the first in the market that guarantees the return of ALL annual premiums paid by the policyowner for 20 years. If you, the Insured, are still living on the 20th policy anniversary, you will also get an additional YER bonus.
In the event of death prior to this date, beneficiaries will receive all the paid annual premiums, in addition to the insurance policy’s basic life insurance benefit. Philam Life’s YER is attachable to selected products with at least 20 years of premium paying period.
Lifeline (LL)
Lifeline (LL) provides a one-time lump sum benefit upon diagnosis of any of the covered critical illnesses.
Mediguard
Mediguard provides daily hospital income and additional benefits (optional) for long term hospitalization, intensive care unit confinement, and surgery.
Guardian Rider
Guardian provides additional guaranteed insurance coverage for a specified time period. You may choose to be covered for 1 year, 5 years, 10 years, 20 years, or until you turn 65. You may also renew this plan as it expires. Please click here to learn more about the product.
For you to understand our products better, below is a sample Timeline Illustration of Benefits for Bounty.
Below are common Frequently-Asked-Questions (FAQs) about Bounty that we have compiled for your reference.
Q: How does it work for me?
A: Bounty is a two-in-one plan that gives you TRIPLE benefits – guaranteed cash benefits, life insurance and accident & health protection, all 300% of your plan’s face amount.
For your cash benefits, you receive 10% of your face amount yearly on the 11th to the 20th year and at the end of the 20th year, you get a lump sum cash benefit double your face amount.
Q: Who can avail of Bounty?
A: Anyone between 0 to 65 years old. If proposed insured is below 17, a payor/owner other than the proposed insured is required.
Q: Can I possibly enhance the features of Bounty for me?
A: Yes, by simply availing of any of the supplementary riders, you can increase your protection. Click on our attachable benefits tab for more information and see how you can get a more comprehensive coverage.
Q: What is the minimum face amount?
A: Minimum face amount for Bounty is P30,000.
Q: How long do I have to pay for premiums? Where can I pay?
A: Choose among 5 years, 10 years, or 20 years to pay. Payment is convenient – pay in cash, check or credit card at over 5,000 trusted and reliable outlets nationwide. Click on our Payment Facilities for a complete listing of our accredited payment channels.