DepEd EC5 Protection Plan

EC5 is a package that bundles a 5 Pay Life, Participating Plan, with Accidental Death Benefit and five-years of Annual Physical Examination.

This plan guarantees payment of the amount of insurance to beneficiaries in case of the insured’s natural or accidental death while the policy is in force.

Upon application,optional/supplementary benefits may be attached to DepEd EC5 Protection Plan:

a. Contingency Fund (CF) Additional premium of at least P100.00 a month, but not exceeding 50% of the monthly premium, which will earn a guaranteed interest rate of 4% compounded per annum; This feature is meant to augment the guaranteed cash values of the 5 Pay Life plan for emergency or retirement fund purposes.

EC5 DepEd Protection Plan Specifications
1. Salary deduction for a maximum of 5 years
2. Level amount of coverage from issue age for life
3. Guaranteed cash values credited end of 2nd year,increasing end of each year
4. Accidental Death Benefit (ADB) Rider for issue ages up to age 55 only
5. Annual Physical Examination within 5 years
• Medical History/Physical examination
• ChestX-ray
• Urinalysis
• Fecalysis
• Complete blood count
Available in BenCare-affiliated clinics nationwide(except mall-based clinics;Can be availed of after eight(8) months of continuous payroll deduction. Transferable to one (1) immediate family member, that is, legal spouse, children, parents or siblings of the insured provided it has not been used by the Insured and the Policy is on active status.

Optional Benefits, available upon application:
1. Contingency Fund(CF)Rider
This option enables the insured to save and maximize earnings. Contingency Fund accumulations augment guaranteed cash values of the main plan.
a. The applicant may add a minimum of P100 to his monthly premium, for 5 years(maximum CF of 50% of monthly premium). CF will earn a guaranteed interest of 4% per year.
Applicant should accomplish/sign 2 original copies of the CF form, submitted together with the insurance application and the “authorization to deduct” form

Member’s Eligibility
-DepEd Regular employees ages 18-60 yrs.old EC5 DepEd Plan Package Rider
-Accidental Death Benefit (ADB)
-Annual Physical Examination

Riders that can be attached
-Contingency Fund

DepEd EC10 Protection Plan

EC10 DepEd Protection Plan is a package that bundles a 10PayLife, Non-Participating Plan, with Accidental Death Benefit and 10-years of Annual Physical Examination.

This plan guarantees payment of the amount of insurance to beneficiaries in case of the insured’s natural or accidental death while the policy is in force.

Upon application, optional/supplementary benefits may be attached to this package:

a.Contingency Fund(CF) Additional premium of at least P100.00 a month added to the monthly premium for 10 years, but not exceeding 50% of the monthly premium,

EC10 DepEd Protection Plan Specifications
1. Salary deduction for a maximum of 10 years
2. Level amount of coverage from issue age for life
3. Guaranteed cash values credited end of 3rd year, increasing end of each year
4. Accidental Death Benefit (ADB) Rider for issue ages up to age 55 only
5. Annual Physical Examination within 10 years
• Medical History/Physical examination
• ChestX-ray
• Urinalysis
• Fecalysis
• Complete blood count
Available in BenCare-affiliated clinics nationwide(except mall-based clinics;Can be availed of after eight(8) months of continuous payroll deduction. Transferable to one (1) immediate family member, that is, legal spouse, children, parents or siblings of the insured provided it has not been used by the Insured and the Policy is on active status.

Optional Benefits, available upon application:

1. Contingency Fund (CF) Rider
This option enables the insured to save and maximize earnings. Contingency Fund accumulations augment guaranteed cash values of the main plan.

a. The applicant may add a minimum of P100 to his monthly premium, for 10 years (maximum CF of 50% of monthly premium). CF will earn a guaranteed interest of 4% per year.
b. Applicant should accomplish/sign 2 original copies of the CF form, submitted together with the insurance application and the “authorization to deduct” form

Member’s Eligibility

-DepEd Regular employees ages 18-55 yrs.old

EC10 DepEd Plan Package Rider
-Accidental Death Benefit (ADB)
-Annual Physical Examination

Riders that can be attached
-Contingency Fund

Mega Gold Multi Life Protector Plus

This package combines a 5 Pay permanent life Insurance; with group term life insurance and health care coverage riders during the 5-year premium paying period.

1. Entry age is 20 to 55 years old; exit age for the group term insurance and health care cover age is 60 years old. Health care coverage is only within the 5 year paying period.

2. During the 5 year premium paying period, the insured enjoys an additional P48,000 term life insurance coverage;

3. The permanent life insurance generates guaranteed cash values and earns annual dividends depending on the amount of the company’s divisible surplus. Dividends are not guaranteed.

4. This Plan includes, during the 5-year paying period, a Health care coverage that provides—emergency, out-patient and in patient medical service/benefits (Philhealth inclusive) in selected affiliated clinics/hospitals only, includes coverage on job-related injuries for non-hazardous type of industries; subject to Eligibility, Pre-existing conditions, Dreaded Disease Limit and Exclusions provisions of the program. Aggregate Benefit Limits per year range from P30,000 up to P40,000, depending on monthly premium/plan chosen.

Member’s Eligibility
ENTRY AGE
a) Basic Plan:Age 20-55 years old
b) GYRT: Age 20-55 years old
c) HMO: Age 20-55 years old
d) Below Age 20 years old subject for under writing approval

Mega Gold Plus Plan Package Rider
— Health Care(during 5yr paying period), inclusive of PhilHealth
– Covered Emergency Cases
– In Patient
– Out Patient
– Annual Physical Examination
• Medical History/Physical Exam
• Chest X-ray
• Urinalysis
• Fecalysis
• Complete Blood Count
• Optional: ECG/Pap Smear (40 years old & above)
Note: APE could be availed of after 11 months of continuous payment