Guaranteed Returns
Greater Profits
Complete Insurance Benefits
Non-Medical Insurance
Flexible Pension Benefit Payout Schemes
Incontestability
Responsive Service
Guaranteed Returns
The plan provides guaranteed interest earnings as against other
financial instruments. 
Greater Profits
Maximize returns by reinvesting your Maturity benefit in Philam
Plans' Fund Management Service (FMS). The FMS is a fund management facility
that allows your maturity benefit to earn up to 12% per annum, Tax-Free.
Complete Insurance Benefits
-
Credit Life - the plan is paid-up if you pass-away within the paying
period.
-
Waiver of Premium Upon Disability - when you become totally and
permanently disable, balance of payments shall be waived.
-
Accidental Death and Dismemberment (ADD) Benefit - an amount is given
to you or your beneficiaries in case of an accidental death or dismemberment
of any of your vital parts.
Term Insurance - your beneficiaries will receive 100% of the plan's
maturity benefit if you pass away before the maturity date of your plan.
Non-Medical Insurance
Philam
Plans, Inc. offers to qualified plan holders insurance coverage on a
non-medical basis up to a maximum of P1,500,000.
Flexible Pension Benefit Payout Schemes
Philam Plans' Future Fund Plus gives you the options to receive your
pension benefits according to your need or want. Choose from 4 settlement
options:
-
Lump Sum - you may get the total amount of your pension benefit
when your plan matures.
-
Fixed Period - You may get the pension benefits over a fixed
period of time you.
-
Fixed Amount - receive your pension benefits in installment and
specify a particular amount you want to receive regularly.
-
Interest Payments only - receive only the interests earned by
your funds without reducing the maturity benefit.
Incontestability
After
your Philam Pension Plan has remained in force for one year, Philam
Plans, Inc. can no longer contest for health reasons any claim for
insurance benefits by your beneficiary.
Responsive Service
Philam
Plans' Future Fund Plus is transferable, allows 60 days grace period, 2 years
reinstatement period, and accepts ages 18-65.
