Memorial Assistance Fund (MAF) - The amount subscribed by the PLANHOLDER, equal to Php. 1000/unit.

Memorial Service Fund (MSF) - The fund that can be used by the beneficiaries to defray expenses on memorial services, casket, facilities, and other expenses. Equivalent to MAF + 15% of MAF annual increment starting on the first year after full payment of the plan.

Return of Investment (ROI) - 100% of CONTRAC PRICE will be given 15 years after the full payment whether the planholder outlived the plan or not. Applicable only to Destiny Advantage Plan.

Group Credit Life Insurance (GCLI) Full Payment Guarantee - The plan shall be fully paid if the PLANHOLDER dies prior to the attainment of his/her 75th birthday during paying period while the plan is still in force.

Group Yearly Renewable Term (GYRT) Term Life Insurance Coverage - If the PLANHOLDER dies from the date of purchase of the plan and before he reaches the age of 76, the beneficiary shall receive a Cash benefit based on the table in the Plan Contract.

Accidental Death & Dismemberment (AD&D) - The Beneficiary shall receive Cash Benefits equal to 100% of the Gross Contract Price (GCP) should the Planholder die due to accident before age 65, whichever comes first.

In case of dismemberment, the plan holder shall received cash benefits equal to a percentage of Gross Crontract Price (GCP) in accordance with the schedule of indemnities, before maturity or age 65, whichever comes first.

Waiver of Installement due to Total Permanent Disability (WITPD) - If planholder becomes totally and permanently disabled before full payment and before age 65, and such disability has continued uniterruptedly for a period of at least six (6) months, the company shall waive the payment of remaining installment payable while planholders remains disabled.

Cash Endowment
- 4 Years prior to maturity starting at 20% of Subscribed Maturity Value (SMV) with annual increment of 15% from previous payout.

Non-Forfeiture

- If the Plan lapsed and was not reinstated despite written notice, it shall automatically be converted to a fully paid plan with a reduced maturity based on the termination value at the time lapse compounded annually at 2% interest rate up to the date of maturity.

Dividends

- This contract shall participate in the divisible surplus aring from the investment earnings of the TRUST FUND, the declaration and amount of its share shall be determined annually by PERMANENT PLANS. Any share of divisible surplus apportioned to the contract will be credited as dividend on each anniversary date of this Contract beginning on the third anniversary of the plan, provided this contract at the time of dividend declaration and payment is still in force and all contributions are up to date.

Temporary Not For Sale

Prosperity

* Lump Sum Payment - Subscribed Maturity Value (SMV) upon maturity
* Non-Forfeiture Benefits
* Dividends
* Full Payment Guarantee
* Terms Life Insurance Coverage
* Accidental Death & Dismemberment (AD&D)
* Waiver of installment due to Total & Permanent Disability (WITPD)
* Total & Permanent Disability Income Benefits (TPDIB)    
                                

Affluence

* Lump Sum Payment - Subscribed Maturity Value (SMV) upon maturity
* Cash Endowments - fixed 10% of SMV yearly endowment from end of 6th year
   to end of 15th year,
* Non-Forfeiture Benefits
* Dividends
* Full Payment Guarantee
* Term Payment Guarantee
* Term Life Insurance Coverage
* Accidental Death & Dismemberment (AD&D)
* Waiver of Installment Disability (WITPD)

Exclusive

* Lump Sum Payment - Subscribed Maturity Value (SMV) upon maturity
* Non-Forfeiture Benefit 
* Dividends
* Term Life Insurance Coverage
* Accidental Death & Dismemberment (AD&D)

Temporary Not For Sale
                                                                

Benefits

Memorial Service Fund (MSF) -To be used to defray expenses on memorial service, casket and other facilities equivalent to 100% of Memorial Assistance Fund (subscribed amount) plus the 15% annual increment of the MAF starting one year from the time the plan has been fully paid.

The Memorial Assistance Fund (MAF) can be subscribed at an initial/base amount of P5,000 coverage and can be increased in multiple of P1,000.

Money - Back Benefit (optional) - 15 years after full payment whether the Planholder outlived the plan or not.

Advantages

* Provides readily available cash that will answer for all memorial expenses not covered by a typical life plan.

* Gives you the flexibility of budgeting and handling your own expenses.

* Because of the plan's built-in insurance protection, you are automatically covered from unexpected eventualities.

* A highly affordable plan that can be paid quarterly, semi-annually or annually for five years, or spot cash.

* With 24-hours on-call service to assist the family in times of need.

* A very practical legacy for the loved ones left behind.