Fast track your education and pension plan.
Contact Gerald at 02.823.1222 for more information. This is HOT!
You should have Microsoft Office installed in
your computer to view the illustration below.
Graduation Gift -
the Nominee will receive a graduation gift equal to the Pre-need
price of the plan.
Credit Life Insurance
- The plan becomes paid-up in case of death of the sponsor.
Waiver of Premiums
- If the sponsor suffered a total and permanent disability, all
unpaid premiums will be waived.
Accidental Death and
Dismemberment (AD&D) - The beneficiary will receive an
amount equal to 200% of the Pre-need price of the chosen plan if
the sponsor died as a result of an accident. If dismemberment is
caused by an accident, the Nominee will receive 50% of the
Pre-need price of the chosen plan for loss of one hand, one foot,
or sight of one eye; and 100% of the Pre-need price of the chosen
plan for loss of 2 hands, 2 feet, or sight of both eyes or any
combination.
Choice of School
- We let you choose the school for your child or nominee. And in
case the child does not qualify, you have the option to transfer
him to another school - a correspondence, technical, or vocational
school - and still receive the full educational benefits.
Educational Assistance
- If the Sponsor died before receiving the educational benefits,
the Nominee will receive the Pre-need price of the chosen plan.
Scholastic Achievement Awards - Top
Honors deserve top cash. Cash incentives will be given to the
nominee who attains any of the following scholastic achievements.
Top-notch in any
Professional Regulatory Board Examination
100%
of the Pre-Need price
Summa Cum Laude
100%
of the Pre-Need price
Magna
Cum Laude
50%
of the Pre-Need price
Transferability
- You can transfer your rights and privileges to another child
upon request. And at anytime, while the plan is in force, you can
assign the plan to another beneficiary of your choice.
Non-Medical Insurance - All
applicants between ages 18 and 65 years old and in good health, are
qualified and accepted on a non-medical basis. Insurance coverage is
subject to a one year contestability period.
Incontestability - After
the plan has remained in force for one year, Philam Plans, Inc.
can't contest the cause of death and the insurance benefit becomes
payable.
Plan Termination Value - The
plan holder may surrender the plan at anytime but not before the
child starts receiving the cash benefit. The cash surrender
benefit is based on the Plan Termination Values as prescribed
by the Securities and Exchange Commission.
