Money Value Plus(MVP)Plans
– Two(2)Pay,7 Year Maturity
– Five(5)Pay,10 year Maturity
– Five(5)Pay,15 year Maturity
– Five(5)Pay,20 year Maturity
Money Value Plus Plans provide lump sum maturity benefit payments at the end of either 7, 10, 15 or 20 years; And lifetime protection from issue date. Premiums are payable for 2 years for the 7 year maturity plan, or 5 years for those that mature in 10, 150 20 years.
1. Entry age is 30 days up to 70 years old short payment period, and level amount of lifetime insurance protection from issue date, with annual dividends credited after the 1st or 2nd year
2. Guaranteed Maturity Values equal to the amount of insurance plus accumulated dividends will be paid to the policy owner if the insured survives the end of the maturity period chosen.
3. After maturity, guaranteed cash values will to continue accumulate during insured’s lifetime; And,the insured will continue to share indivisible surplus earnings of the company.
A free Savings Account Deposit opening balance in accredited banks and branches of choice is also guaranteed. The opening balance amounts are—
1. P1,000, for face amounts of less than P500,000
2. P5,000, for face amounts of P500,000 & up
BenLife Secured Fund(BSF)
BenLife Secured Fund(BSF)combines an Individual Life insurance contract with a Contingency Fund Rider that earns a guaranteed minimum rate of interest every year.
The BSF life insurance package provides a superior tandem of benefits for your wealth protection and savings or retirement fund-accumulation needs.
Cash benefits are directly payable to the insured upon maturity or directly to his designated beneficiaries, upon policy holder’s natural or accidental death before maturity. The sample table below is a reference for standard risks ages 18-35 years old
– Plan’s age limits
– 56 and above are required to undergo the medical exam
Minimum amount of coverage:
– 10 YCT coverage P50,000.00
BSF Package Rider
– Minimum Contingency fund P100,000
(multiple of P50,000.00)
– Contingency Fund of 5M-10M
• 10 YCT Coverage-1M
– Contingency Fund of over10M
• 10 YCT Coverage – 10% of CF
Maximum Insurance Coverage: Options
1. Maximum of 3xCF,for age 18-55
2. Maximum of 2xCF,for age 56-60
3. Maximum of equal to CF,for age 61-65