PCG 5Pay Life with APE
5 Pay Life is a participating plan that guarantees payment of the amount of insurance to beneficiaries incase of the insured’s natural or accidental death while the policy is in force.
1. Guaranteed cash values are credited beginning at the end of 2nd year and increase yearly, during the insured’s lifetime. This may be used, through a policy loan, for emergencies.
2. Coverage: Lifetime of the Insured
3. Short Paying Period: Only five(5) years to pay
4. Dividend Generating Plan: Dividends may be left to earn interest at the prevailing interest rate or may be withdrawn anytime. However, dividends are not guaranteed.
ACCIDENTAL DEATH BENEFIT(ADB)
An additional amount equal to the face amount is provided if cause of death, prior to age 60, is accidental.
STAR CARE COVERAGE:
This 5 Pay Life package includes a Annual Physical Exam(APE), for 5 years, in affiliated clinics only
The APE benefit is available after 8 months of continuous payroll deduction and is transferable to immediate family members.
(spouse, children, parentsand/or siblings of the insured)
• Medical History
• Physical Examination
• Complete Blood Count
For regular personnel of the Philippine Coast Guard and their immediate family members:
A.Basic Plan: Age 20-55 years old
B.ADB: Age 20-55 years old
C.APE: Age 20-55 years old
MONTHLY PREMIUMS PAYABLE THROUGH PAYROLL DEDUCTION:
This package of benefits may be availed off or as low as P350.00 per month only, through payroll deduction. The amount of life insurance coverage varies according to amount of monthly premiums and the age of the applicant.
-PCG employees ages 20 to 55 yrs old
-ADB, an additional amount equal to the face amount is paid, provided cause of death is accidental before age 60 yrs old.
Minimum & Maximum amount based on Fixed Premium
-P350 to P1000
PCG Plan Package Rider
-Accidental Death Benefit(ADB)