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