Leave a cash amount for your loved ones when you pass away so you can make sure that their needs are taken care of. This can be up to 95 times your yearly payment, depending on your age. For only PHP 44 a day, your family can get as much as PHP 1.5 Million.
Your benefits are linked to expertly-managed funds that can grow you an account value over time. When you are older and your kids are financially independent, you can decrease your coverage and boost your account value to prepare for your retirement.
EXCLUSIVE PHILAM VITALITY REWARDS & PRIVILEGES
Add Philam Vitality to your plan and get access to a programme that allows you to know and improve your health while getting rewards on your insurance premiums and other partners.
Get additional cash to help you recover from any of 56 covered major critical illnesses including cancer, heart attack and stroke, and get 25% in advance if diagnosed with any of 11 covered early stage conditions until age 75.
Continue to enjoy your plan without having to pay for the remaining premiums if you get totally and permanently disabled before age 60. You also receive a cash amount monthly.
If you want to purchase this plan for a child, this additional coverage allows you to continue the plan without having to pay for the remaining premiums if you get totally and permanently disabled before age 60 or before the child is age 25.
Life insurance benefit can vary depending on age and payment amount.
Conversion of life insurance coverage to retirement savings is done by voluntarily reducing coverage down to 5x your yearly payment (dial-down option) upon reaching age 60 or after 10 years, whichever is later.
Premium period is not guaranteed. In the future, if the account value becomes insufficient to pay for charges, it is possible that additional premiums (i.e. top-ups) will be required to continuously enjoy the benefits of this plan and its riders.
Please consult your Financial Advisor or refer to the policy contract for full details on the critical illness, exclusions and limitations.
The amount of your account value will vary depending on fund performance which may be affected by market conditions.
The minimum premium required may increase depending on the occupational and medical ratings of the proposed insured.
The contents of this page are for illustrative purposes only. Actual terms and conditions of insurance coverage are found in the policy. In case of conflict, policy terms shall prevail.
Upon receiving the Policy Contract, you may refer to it for the full details on the Critical Illness definitions, exclusions including the pre-existing conditions, and other limitations. If after reading the Policy Contract, you decide that this plan is not suitable to your needs, simply return it to Philam Life within fifteen (15) days from the date you or your authorized representative received it and we will refund to you the total premium you paid.