Pru Life UK receives back-to-back awards at the 20th annual International Business Awards.

Leading life insurer Pru Life UK clinched four Stevie® awards at the 20th annual International Business Awards held on 13 October in Rome, Italy.

Pru Life UK was awarded a Silver Stevie® in the Communications or PR Campaign of the Year - Diversity, Equity & Inclusion category for PRUHealth FamLove, a first-of-its-kind renewable plan that provides critical illness insurance coverage for up to 4 family members.

PRUHealth FamLove is a progressive and inclusive insurance product covering both traditional and modern families, including foster families, LGBTQIA+ couples, single parents, and common-law partners.

Pru Life UK was also bestowed two Bronze Stevie® awards in the Communications or PR Campaign of the Year - Climate Change and Internal Communications category.

“We are grateful for every opportunity to show our PRU Love to our dear employees, our 40K-strong agency force, our 1.7M customers, and all our communities. With these awards, we are humbled and even more inspired to bless many more Filipinos, families, and communities and be their partners for every life, protectors for every future,” says Eng Teng Wong, Pru Life UK President and Chief Executive Officer.

At the core of its work on Communicating Insurance Protection as a Climate Adaptation Measure is the pioneering study which revealed that no disease group is immune to the effects of climate change and warned that cases of certain diseases will increase due to global warming.

This made a strong case for financial security to be recognized as a climate adaptation measure. The result of the study was released to the public through a media briefing, followed by a three-part webisode with industry experts.

Meanwhile, its 2022 Byaheng PRU Employee Engagement Campaign was recognized for excellence in internal communications. A project of its Employee Welfare Committee, it has been instrumental in fostering collaboration among employees from various divisions and empowering over 900 full-time employees to lead their company-wide initiatives for growth and success.

The International Business Awards is a prestigious awards program that honors achievements in the workplace. The 2023 competition has attracted over 3,700 nominations from various organizations in more than 60 countries.

Last July, the Insurance Asia Awards, one of the industry’s most prestigious programs, named Pru Life UK as the International Life Insurer of the Year - Philippines for the third consecutive year.

These awards come on the heels of Pru Life UK securing the top spot in the latest industry performance report by the Insurance Commission based on New Business Annual Premium Equivalent (NBAPE) in the second quarter of 2023.

Details about the IBA and the lists of Stevie Award winners are available at www.StevieAwards.com/IBA.

Pru Life UK offers FREE select infectious diseases coverage to 175,000 newborns with PRUBabies.

Pru Life UK, a leading life insurance company, is celebrating its parent company Prudential plc’s 175th anniversary by giving Free PRUMedCare - Select Infectious Diseases coverage to 175,000 newborns with PRUBabies. This is a testament of PRU Love to many more Filipino families, helping parents to protect their newborns against the cost of getting infectious diseases.

With PRUBabies, parents will receive cash assistance for diagnosis and death due to any of the four common types of infectious diseases, including Dengue, Typhoid, Measles, and Malaria. The Department of Health has warned the public to watch out for these diseases, particularly during the summertime.

The DOH further reported that the number of dengue cases during the first quarter of 2023 rose to an alarming number of 31,459, which is 73 percent greater than 2022. Likewise, typhoid cases in the country during the first quarter of 2023 increased by 89 percent.

Eligible customers can sign up for the PRUBabies free coverage plan by scanning the QR code voucher provided by their Pru Life UK agent. The code will direct the customer to the campaign website to complete the application form.

“We celebrate life with Prudential plc in its 175 years of helping generations of families get the most out of life. And what better way to celebrate life than providing free 6-month health protection called PRUBabies for 175,000 newborns with cash assistance against the cost of getting infectious diseases (typhoid, dengue, measles or malaria) in the Philippines. This initiative continues to fuel our passion to further drive-up financial inclusion for our Filipino babies who deserve to be protected right from birth,” says Eng Teng Wong, Pru Life UK President and CEO.

Pru Life UK’s PRUBabies program aims to make life insurance more accessible to many more Filipino families, especially the unserved and underserved communities.

The program will run until September 30, or until all 175,000 free voucher codes have been given away. Meanwhile, the free product offer may be redeemed anytime from the beginning of the registration until the end of the year. Terms and Conditions apply.

Visit prulifeuk.com.ph/en/PRUBabies for more details. For more information about Pru Life UK's offerings and products, visit www.prulifeuk.com.ph.

*https://doh.gov.ph/Health-Advisory/Summer-Time-Diseases/Conditions-to-watch-out-during-summer-time  
**https://doh.gov.ph/sites/default/files/statistics/2023%20EDCS%20Weekly%20Surveillance%20Report%20No.%2013.pdf

Pru Life UK launches critical illness protection plan for Filipino families.

Leading life insurer Pru Life UK launches PRUHealth FamLove, a protection plan that shares the critical illness coverage to up to four family members in one policy, a first-of-its-kind product in the market. This is available for all Filipino families, including same-sex or common-law partners, parents, and adoptive children.

PRUHealth FamLove is the first in the market
to cover up to four family members in one policy.

PRUHealth FamLove is a yearly renewable protection plan that provides long-term coverage until age 85 (applicable when the premium is continuously paid), against high treatment and hospitalization costs due to critical illness.

According to a 2019 study by Mercer Marsh Benefits*, critical illness cost in the Philippines is the second most expensive in South East Asia. Lung cancer treatment costs can lead up to Php 2.78 million, stroke is for Php 1.8 million, while a heart attack is for Php 980,000**.

Having critical illness protection is important as costs including long-term medication and care, and even loss of income can be covered by the plan’s critical illness benefits through the System and Organ Function Insurance (SOFI) concept. This feature makes the product unique in the market as it provides coverage should any major organs require surgery, without the need to remember the long list of critical illnesses.

PRUHealth FamLove is flexible and easy to avail as it comes in different packages, with the option to choose how many family members will be covered from one (self) to three – mySelf, myPartner, myChild, myFamily, myParent – depending on what suits the family’s protection needs.

“Pru Life UK celebrates and nurtures every Filipino family of different types and sizes with PRUHealth FamLove. This protection plan focuses on their ever-changing needs by offering critical illness protection to the whole family,” shared Pru Life UK President and Chief Executive Officer Eng Teng Wong.

“This innovation is a solid testament to our continuing commitment to promote financial inclusion by providing protection coverage to millions of underserved and unserved Filipinos to get the most out of life,” Wong added.

For more detailed information about PRUHealth FamLove, customers may visit the Pru Life UK website or book an appointment with a Pru Life UK insurance agent.

This is the latest product offering from Pru Life UK, ranked number one by the Insurance Commission in terms of New Business Annual Premium Equivalent in 2021.

 
References:

*8 Dec 2020. Philippines' Healthcare Cost Inflation Projected to Hit 10.1% in 2020: Mercer Marsh Benefits Study. https://www.asean.mercer.com/newsroom/philippines-healthcare-cost-inflation-mmb-study.html

** Cost of Critical Illness in the Philippines. https://digitalpinas.com/cost-critical-illness-philippines/

Things You Can Spend Your (Forgotten) Unclaimed Insurance Benefits On.

What if you suddenly found yourself on the receiving end of a windfall? What if years ago, a relative died and no one knew about the insurance policy that was left behind for you?

When people think about life insurance, top of mind would be the most important things: provide money for loved ones upon death, defray costs in the event of a medical emergency or illness. While those are all true and covers the most important uses of life insurance, what if those were already covered and now you are the unexpected recipient of a large amount of money. Beyond the basics, this insurance claim can give you financial wiggle room for your needs and wants.

Here are five other ways you can spend your insurance claims:

1. Use it to pay estate tax

Unexpected death usually leaves behind a lot of financial loose ends, and among those, estate taxes can be the biggest expense that you need to deal with. Fortunately, a windfall can provide you with the resources you need to settle those taxes, so you can gain access to any assets left behind.

2. Invest in real estate

This is your opportunity to create passive income for yourself and your family. Buy that land, house or condo and rent it out. With a carefully thought-out real estate purchase, it can generate multiple returns on your investment.

3. Buy collectibles

Did you know certain toys, watches, luxury bags, or even sneakers can sometimes sell for millions? Collectible investment involves buying something which (hopefully) will exponentially increase in value and be worth much more than its original sale price in the future. The item could be very popular with pricing depending on the condition, rarity, and uniqueness of the item.

4. Invest on yourself

Take that master’s degree you’ve always wanted or enroll in a certificate course that has always been at the back of your mind. Learn new skills, take up a new hobby. Whatever skill you decide to learn, investing in yourself can only result in gains for you. Whether it’s for your personal use (like taking an MBA) or something you can earn from (like baking), new knowledge will always come in handy.

5. Take out another insurance policy

Strengthen your financial resilience. The great thing about life insurance is it provides a practical safety net during times of uncertainty and with the insurance claims, you can use it to reinvest in a new insurance policy that will yield another set of benefits later on.

You can choose from a variety of products depending on your need – whether it’s for protection from life’s many risks or something which will help you grow your money long term such as investing it in bonds, you can never go wrong with an insurance policy.

Find out if you have benefits to claim

Do you think you have benefits to claim? AIA Philippines (formerly AIA Philam Life) recently announced its search for thousands of policyholders who have unclaimed benefits which range from policy maturities, reinstatements, claims, redemptions, and even refunds. Despite fervent efforts to contact its customers through registered mail, email, callouts, and their agents, there are still a huge number who have yet to be reached.

“We hope to reach customers–those who we have lost touch with amid changes in communications technology and who have bought their policies under our former brand, Philam Life,” shared AIA Philippines Chief Operating Officer Geegee Lopez. “We are doing this because we have a promise that goes beyond passively responding when our customers make a claim. The promise of helping our customers live healthier, longer, better lives includes and making sure these hard-earned benefits get to the intended recipients. We’re asking for everyone’s help in finding our customers or their beneficiaries so we can give them their benefits.”

You can quickly check if you have unclaimed benefits via https://bit.ly/AIAPH_CheckYourMoney. Simply input the policy owner or beneficiary details and wait for a notification of policy verification.

Click here to check if you have unclaimed benefits with AIA Philippines. You may also email customerservice.ph@aia.com or call (02) 8528-2000 to know more.

Providing the FURfect Love and Protection to Our Dogs.

Our pet dogs bring us unparalleled happiness and joy. They are our adorable and fluffy companions that can effortlessly boost our mood despite all the stresses we deal with on a daily basis.

Thus, for us dog owners, there is nothing more important than the health and safety of our fluffy furball. We always want to give them the best so that they make the most out of their lives while they are with us.

If you're an ARMY, you know who this is. ;)

To help dog owners better take care of their beloved pets, Malayan Insurance conducted the FURfect Love Protection Webinar where Dr. Obet Robles shared insights on how we can tend properly to our fur babies from a veterinarian’s perspective.

Here are five takeaways on looking out for our precious dog’s overall protection.

1. Understand the basic needs of our dog

It is our responsibility as dog owners to understand the basic needs of our pets. These include water and food, shelter, and a good amount of socialization.

When it comes to food, dogs should have a complete and balanced meal which can be found through commercial dog food. This is designed to provide all the nutritional needs of our pets.

Aside from that, we should also be wary of table scraps that are harmful to them such as chocolates, cooked chicken bones, onion and garlic, grapes, raisins, and avocado.

Dr. Robles also mentioned that dogs should be active for at least 30 minutes to two hours every day to ensure that they have enough exercise and to keep them mentally stimulated.

FURFect Love Protection Webinar with Dr. Obet Robles.

2. Trust the Vet

No one will understand us better than veterinarians when it comes to taking care of our pets. They have the knowledge and expertise on how we can keep our dogs out of danger which is why it is necessary to trust your vet.

This means seeking veterinary care to vaccinate them against diseases and have our pets checked when they show symptoms of an illness. Veterinarians can properly diagnose animal health problems which in turn can treat our pet’s suffering.

Dr. Obet Robles in the house!

3. Be wary of common accidents in dogs

Owning a pet was never risk-free, thus, it is important to watch out for the common accidents that could happen to our dogs. These include car accidents, dog fights, and toxicity from food.

These can cause serious injuries to our pets which is why when we meet any of these, make sure to bring them to the nearest veterinarian so they can be treated immediately.

Aside from that, we can also get our dogs insurance protection which can help us manage these uncertainties.

Your fur babies can now be insured, too!

Malayan’s Pet Care Insurance is a 3-in-1 insurance plan for pets and pet owners. It provides coverages such as medical reimbursement for any veterinary treatment, liability coverage, and personal accident (PA) insurance for dog owners.

Medical reimbursement covers up to P300,000 of medical expenses incurred to treat or diagnose the insured dog in case it gets into an accident or acquires sudden illness. The owner’s liability benefit covers damages and costs incurred for any liabilities to third-parties due to the actions of the insured pet such as accidentally attacking other people.

The PA covers the insured dog owner in the event of accidental death, disablement, and dismemberment while the policy is in force.

Dogs qualified under Pet Care have to be between six months to eight years old and currently vaccinated as prescribed by the Philippine Animal Hospital Association (PAHA).

The introduction of an insurance product for pets in the country, specifically for dogs, is part of Malayan Insurance’s plan to produce more innovative products that the company can offer to the general public. It is the company’s way of continuing to push efforts in providing relevant insurance protection to Filipinos in every possible way.

Small, but full of energy.

4. Checking our pets

Dr. Obet advised to ask these three questions to assess the overall health of our dogs: Is my dog eating well? Is it receiving the proper nutrients it needs? Is my dog playing and energetic?

Likewise, there are indicators we can keep in mind which are appetite, body conditioning scoring (BCS), and energy.

For BCS, the ideal appearance of dogs is if their ribs and spine can be easily felt but not necessarily seen. The waist can be seen when viewed from above and the abdomen is not sagging when viewed from the side. Also, it should look normal, ideal, and even muscular.

Lethargy is a sign that there must be something wrong with your pet.

5. Watch out for common disease symptoms

Some common symptoms of diseases in dogs are lethargy, vomiting, diarrhea, anemia, and respiratory distress. If these signs are observed from our pets, it will be better to have them checked as it might be from a fatal disease.

It can be viral, bacterial, or parasitic diseases if not from the lack of the right nutrition. Some common viral diseases in dogs are canine parvovirus, distemper virus, and Coronavirus.

Meanwhile, for bacterial diseases, pet owners should watch out for the likes of Leptospirosis, blood parasite, Bordetella, Salmonella, or E. Coli bacteria. There are also parasitic infections such as intestinal worms, heartworm, mites, ticks, and fleas.

For nutritional cases, there are diseases that our dogs may get which are urinary problems, bladder stones, diabetes, obesity, and malnutrition.

Protect Your Homes with Cebuana Lhuillier's Protect Max!

Cebuana Lhuillier Insurance arm strengthens Fire Prevention call, mounts webinar with BFP 

The damage of getting your house razed by fire is insurmountable; fires at home can break out anytime and anywhere and can damage livelihood, household appliances and more. In 2018, the Bureau of Fire Protection (BFP) recorded a total of 14,316 incidents of fire from January until December.

This is why every March is Fire Prevention Month in the Philippines, and BFP’s campaign for this month is safety consciousness among our people every day of the year as a positive preventive approach to a problem that can be solved by more caution, vigilance, sobriety, exercise of common sense and respect for the law. It is a campaign that focuses on exercising vigilance at home and keeping oneself knowledgeable on the best way to protect your home and family from destruction brought about by fire.

March is Fire Prevention Month.
(Mask, 2015)

“Cebuana Lhuillier has always committed to be of help to the Filipinos at all times, and our call for Fire Prevention is a reflection of that, our insurance products that aims to keep our clients protected at all times is a complementary effort to our advocacy for this month.” said Jean Henri Lhuillier, President and CEO of Cebuana Lhuillier.

PJ Lhuillier’s insurance arm, the Cebuana Lhuillier Insurance Brokers, Inc (CLIB), has also expressed its support for BFP’s campaign through the years. It has been a staunch advocate of having Filipinos insured, posting almost a 35% contribution to the total number of insured Filipinos through microinsurance.

CLIB has also worked together closely with the Insurance Commission in promoting microinsurance in the country; they have settled over more than 5,300 million claims worth over Php 500 million, and  they have serviced over 16,500 claimants. Cebuana Lhuillier Insurance Brokers’, Inc. is also the first and only ISO-certified insurance broker in the Philippines.

Panalo sa Protect Max Promo!

Also launched this month in conjunction with the celebration of the Fire Prevention Month is a promo dubbed “Panalo ka sa ProtectMax” where clients of the ProtectMax product of CLIB get a chance to win Php 25,000. The promo is open to all clients who will purchase 5 ProtectMax COCs; these 5 COCs are equal to e-raffle entry. For the promo, 20 lucky raffle winners will be selected and will win Php 25,000.

“This Fire Prevention month, it is very important to drumbeat awareness on fire safety and prevention, and the importance of being protected. CLIB believes that an information and education drive is very important to ensure that everyone is well-informed against conflagration.” said Cebuana Lhuillier Insurance Brokers’ Inc., Jonathan Batangan.

For clients who are interested to keep themselves protected without having to go to Cebuana Lhuillier’s more than 2,500 branches, they may purchase Home Insurance via the ProtectNow app or website. Just log on to protectnow.com to see CLIB’s full range of products online. They’ve also mounted the #SunogFreeWorryFree: ProtectMax Kontra Sunog webinar which aims to highlight the importance of being ready for untoward situations especially fire, and the importance of having protection whenever there are threats of conflagration.

Understanding The Necessity Of Disability Insurance

Far too many young working professionals disregard the importance of having disability insurance. While this is mostly because no one believes that they are realistically at risk of becoming disabled or injured at a young age, it is logically impossible to rule out the possibility of accidental injuries. Unfortunately, you should consider the unfortunate reality of becoming permanently or temporarily disabled and how it would affect every aspect of your life from caring for your children to performing at work.

Kim Won Hae in Strong Woman Do Bong Soon (2017).

Financial Implications
Not being able to work as a result of an injury can be a massive financial setback. Depending on the severity of the situation you may even be unable to work. Rather than maintain a misleading belief that you are excluded from such an unfortunate possibility, you should prepare for potential loss of income. In addition to this, it is also a notable aspect that treating an injury will be a costly affair, which means that the initial financial costs would be crippling.

Benefits To Rely On 
Disability insurance policies differ greatly, which is why you should take the time to assess what different insurers are offering by comparing quotes and reading policy details. You would need to determine which policy is most applicable to your individual situation as short-term policies are not suitable for everyone, although there are instances when short-term cover is the best solution. Some insurers may be willing to supplement up to 60% of your lost income, while others may provide less alluring benefits. You should also ensure you are opting for a policy with benefits that will assist with the medical costs of your injury.

Do Kyung Soo and Jo In Sung in It's Okay That's Love (2014).

Emotional Impacts Of Physical Injuries
While the physical impacts of an injury or a physical disability are most focused on, the emotional turmoil that can result is often overlooked. Considering an injury that keeps you from work will likely restrict your general abilities, coping with the rollercoaster of emotions may be the hardest aspect. Even temporary disabilities can have a massively negative impact on an individual's quality of life. Therefore, while you are comparing quotes for the best cover, it would be wise to determine how you would be able to handle the emotional impacts. As mentioned, assessing policy details is crucial when comparing quotes as some insurers may be willing to cover costs of therapy while others may not.

Park Seo Joon in The Divine Fury (2019).

Maintaining A Healthy Lifestyle
Preparing for the worst-case scenario is vital for peace of mind, although, the effort of maintaining a healthy lifestyle will essentially reduce your risks of accidental injuries. Even though strength training, regular cardio, and a balanced diet will not completely diminish the chances of becoming injured or disabled, leading a healthy life will aid your sense of well-being. Whether you are concerned about the possibilities of becoming ill or injured, exercise and diet are able to improve almost every aspect of your daily life regardless. There are several ways to plan for potentially crippling situations and ensuring your financial situation is taken care of is an assertive way of caring for the future of you and your family.

Why You Should Get Your Van Insured.

No matter what type of van you have, you should always make sure to get insurance. Doesn’t matter if it’s a fancy brand new one, or an old one. You will need insurance. Getting insurance is so important for so many reasons. If you ever get into an accident then having insurance can mean that you are protected, it also protects any other passengers that are in your car. If you don’t have insurance, then you won’t get the compensation that you deserve if you are in an accident.

Miss & Mrs. Cops (2019).

Accidents will happen
No matter how careful a driver you are, there are often things that we cannot control. The accidents might be a minor thing, however, sometimes they can be deadly. Over the course of a lifetime, the average motorist might be in about four accidents. Obviously, this number depends on how much you drive, where you drive and how you drive. Accidents happen regardless of how good the driver is, so even if you’ve been driving your van for years, you can never be too careful.

Running Man episode 429, December 2018.

Damages might occur
The best way to avoid getting your van damaged is to park it off the road in a secure location. Most of the time though, people don’t have a big enough garage to place their van in or even off-road parking. Your van might also be damaged whilst you are out driving for a work-related reason. This is why it is so important to get your van insured, as if anything does happen you can be assured knowing that your insurance will cover you. Depending on what insurance you get, only some types of damages might be covered. So, it’s a good idea to double check all that you can about your insurance so that you know what you have.

Vampire Prosecutor, 2011.

Your van could be stolen
Having your van stolen can be disastrous, not only does it cause a lot of stress and annoyance, but for many people, it can mean a loss of earnings. If you use your van for work, then it is a good idea to make sure that your insurance has a “like for like” policy, as this way you can easily get a replacement van. However, this will only help you get to and from places. So, if your equipment was left in the van when it was stolen, then you need to make sure that you can get your money back.

One way to avoid losing your equipment is to store it in your home overnight, rather than leaving it in the van. If you can empty your van when you leave it, then this is the best thing that you can do. Why risk losing out on your business when there is a simple solution?

You might be thinking that you want to risk it and get cheaper insurance. A lot of people think that just because something hasn’t happened to them yet means that it won’t happen again. However, they are wrong. If you do this then you end up risking an awful lot and it’s just not worth it. Anyone who drives a car, van or motorbike needs to get insurance. For more reasons why you need insurance click here.

Tips and Tricks to Prepare for a Perfect Holiday.

As the vacations are around the corner, it is exciting to imagine yourself by the sea with your favorite drink in your hand or getting a massage from a specialist. However, preparing for a trip in advance is very important otherwise in the stress of preparations you might forget some of the most important things that will ruin your entire experience. Here are some tips and tricks that will help you plan for a perfect journey.

Photo credit: Pixabay.

Know your budget and start saving
First, you have to select the destination that you would like to visit this summer. Make sure that you plan your entire trip considering the places you would like to visit and points you would like to explore. Get the estimation of the budget that you need to have a stress-free journey. After that, you should compare the amount you need for the trip with the money you have already saved. Make sure that you start saving some extra money to assure that you will not have to deal with any issues during the journey.

Plan your tour
One of the most important things you have to consider is planning your tour. A common mistake most individuals make is they do not plan their tour properly due to which most of their time is wasted on finding a spot they would like to explore or going from one place to another. When you will have all the information related to the spots that you want to explore as well as the transportation facilities you need to get their fast, it will become easier for you to get the most out of the single day you have. Make sure that you keep your plan flexible in case something else comes up during the trip.

Get yourself an insurance
Do not make the mistake of going on a journey without a travel insurance. You have to assure that you get yourself and your family covered for the journey with travel insurance. The reason is that anything can happen during the trip. You might not have enough money to pay for the hospital expenses and medication. With the help of travel insurance, you can have all such costs covered. Bupa Global has the best insurance services that can give you a comprehensive cover. You can select the coverage that meets your requirements perfectly and provides you the coverage that you need.

Photo credit: Pixabay.

Have your tech kit ready
Make sure that you prepare your tech kit properly.

• Have a universal adapter that will allow you to charge all the gadgets that you are planning to take on the journey.
• Make sure that you charge your laptop, phone, and other gadgets. You will have to keep them in your carry on and they will be checked at the airport.
• Keep a portable charger with you that will allow you to charge all your devices so that you can stay connected with everyone
• It is better that you arrange all your gadgets in a properly protected bag to assure that no one of the items will get broken or damaged during the journey.

Photo credit: Pixabay.

Bottom line
Do not forget to collect the information related to the weather in the place that you are planning to visit. You can have the pack your clothes accordingly to assure that you will not have to buy clothes in case temperature changes. Make sure that you double check all the items before you can go to the airport. That is the only way you will not forget anything at home and will allow you to enjoy your journey.

Protect Your Family's Future with Cocolife Future Savings Platinum.

Have you ever thought what could happen to your family when you die? Not exactly a good thing to think about, but I'm sure this crosses your mind every once in awhile.

If you’re the sole breadwinner, your family is dependent on you even after you're gone. They may be forced to cut back on even the basics, like food, clothing, transportation, and housing.

Whether it's for replacing lost income, paying for your child's education, saving up for your dream travel, putting up your own business or making sure your spouse get the much-needed financial security, Cocolife Future Savings Platinum can help safeguard your family’s future.

Commitment in Creating Solutions With You
Cocolife remains committed in creating solutions for each and every financials need of our fellow Filipinos. With Cocolife Future Savings Platinum, we aim to provide our clients with optimum insurance protection freeing your loved ones from financial woes in the event of a sudden loss. It ensures that they can enjoy the same lifestyle they had with you. The living benefits/cash bonuses provides you with extra funds so that you can enjoy a more fulfilling life, fund your dream travel, start a business, prepare for education expenses, establish emergency medical funds.

It’s for you and your family’s Financial Freedom, Security and Protection. It’s FSP.

FSP for you and your family.

Exclusively available for Mall Clients
Cocolife Future Savings Platinum is exclusively available for mall clients, with minimum coverage of P 100,000.00 payable for 10 years. It rewards client as much as 200% of life insurance coverage upon maturity should the insured survives age 100.

With Cocolife Future Savings Platinum, clients will also enjoy scheduled cash bonuses:
- 10% of the coverage at the end of the 10th, 11th, 12th, 13th, and 14th policy years
- 50% of the coverage at the end of the 15th policy year
- 10% of the coverage starting at the end of the 20th policy year and every 5 years thereafter up to maximum age 99.

Policyholders may also attach the following riders to enhance their coverage:

A. Accidental Death and Dismemberment Rider
The Accidental Death and Dismemberment is a comprehensive rider providing a wide range of benefits from death to injuries caused by accidents. Accidental coverage is provided until age 65, or until termination of the policy to which the rider is attached, whichever comes first.

B. Waiver of Premium Upon Disability
This rider will pay the future premiums of the policy in the event that the insured sustains total and permanent disability. The rider doesn’t reduce or otherwise affect the amount payable in any settlement of the policy or any dividend or any non-forfeiture or loan values under the policy.

C. Payor’s Benefit Rider
1. Payor’s Benefit Rider Due to Death of the Payor
This rider waives the future premiums due until the Child Insured attains age 25, if the Payor dies before the policy anniversary nearest his 60th birthday.

2. Payor’s Benefit Rider Due to Death and Disability of the Payor 
This rider waives the future premiums due until the Child Insured attains age 25, if the Payor, before the policy anniversary nearest his 60th birthday, dies or becomes totally disabled and has been continuously so disabled for at least six months.

Issue Age of Child Insured : 1 to 17 years old
Coverage Period : until the end of the payment period of the basic plan,or until Payor attains age 60,or until Child Insured attains age 25, whichever is soonest

D. Terminal Illness Living Benefit Rider
This rider provides emergency medical funds by advancing as much as 50% of the death benefit in case the insured contracts a terminal illness, but not exceeding Php 500,000 per insured.

Issue Age of Insured : 1 to 55 years old
Payment Terms : no premium payments required
Coverage Period : until Insured attains age 65 or two years prior to the maturity date of the plan, whichever is sooner

***

Future Savings Sample Computation.

A. Terms of Payment

Premiums for this plan are payable for 10 years with the following Modal Factors:

Annual 1.0000

Semi-Annual 0.5300

Quarterly 0.2750

Monthly 0.0975*

* Monthly mode is available only for credit card auto-charge arrangements

B. Issue Ages

Issue ages are based on the Insured’s age nearest birthday. Premiums are available for ages 1 to 55

C. Underwriting Selection

All applicants shall be underwritten on an individual basis. The existing non-medical and medical limits shall apply depending on the age nearest birthday and the amounts of each life covered under the policy.

Note that the Death Benefit, or 200% of the Face Amount, shall be used as the underwriting basis for this plan.

D. Substandard Issues

Substandard ratings shall be assessed on each life, as the case may be. Substandard Extra Premium Rate is expressed as per 1000 of the basic plan’s face amount and as computed as follows: 

Substandard Extra Premium = Substandard Premium Rate ´ (Basic Plan’s Face Amount) ÷ 1000

Among the Top 50 Most Saleable Products in Life Insurance*

Cocolife Future Savings Platinum ranked third among the traditional plan in the life insurance industry, and among the top 50 most saleable life products in the Philippines.

* Most Saleable Products for Individual Line (Actuarial Department)

***

Make your money grow. :)

ABOUT COCOLIFE

Cocolife, the biggest Filipino-owned stock life insurance company, and the first ISO-certified Filipino life insurance company, offers a complete range of insurance and financial services. It has subsidiaries in the non-life business (UCPB General Insurance), pre-need (Cocoplans), mutual funds (Cocolife Asset Management Co., Inc.) and Security services (Ultra Security Services).

Cocolife boasts of close to four decades of experience and expertise with more than 1,500 highly-trained agents and 253 field managers, a steadily expanding network of fully computerized area and branch offices numbering 64 nationwide.

Aside from providing the most competitive life, non-life and pre-need products in the Individual Market, COCOLIFE has successfully carved a strong niche in Group Insurance and pioneered the EPDI program (Employee Payroll Deduction Insurance) for corporate accounts. It is also an accredited provider of life insurance to migrant workers. Currently, Cocolife is ranked number one in Group Life and Accident & Health, number six in Traditional Life Insurance and one of the country’s leading providers of healthcare services.

Cocolife is a prominent market leader in the industry, ranking number 5 in terms of Net Worth, number 10 in Total Premium Income, out of 34 insurance companies in the Philippines. To date, total assets are close to P25 billion, with Premium Income over P7 billion, and a Networth of over P9 billion. These impressive results are attributed to sound management, prudent investment practices, and efficient cost control.

To learn more about the Cocolife Future Savings Platinum, please contact:

CLIENT RELATIONS OFFICE:

(02) 812-9015 local 114 or local 594

(02) 864-0968

TERESA BOSE

CLIENT RELATIONS MANAGER

Globe (+63917) 844-7704

Smart (+63998) 843-4588

Sun (+63932) 844-1731

Text: Globe (+63917) 556-2058

Email: clientrelations@cocolife.com

Operating in the Expensive Horse Industry Gets Easier with Insurance.

Participating in the wonderful world of horses can be expensive. Horse racing is a multi-billion dollar business around the world. Between the massive stud fees that go to the owners of horses with desirable genes to the purses that go to horses that win big races, there is a lot at stake for those who work with these animals.

This can make it difficult for many to get involved. In addition to needing capital to get started, some worry about the liability of working with horses. Because they are so valuable, and because horses can suffer injuries or sickness, some fear they'll be sued if they make a mistake. The good news is that solid insurance is there to make it easier for people to get involved.

Photo credit: Beth Thomas.

Horse trainer insurance is especially important. Trainers play a critical role in ensuring the business can go forward. A trainer's primary job is to make sure a horse is fit and ready to go by the time a race rolls around. This can require the trainer to try and get in touch with the needs of the horse. If the trainer pushes too little, the horse will not be ready to run the race. This risk injury and ensures that the horse won't win the race. If the trainer pushes too hard, the horse can get sick or come up lame. It is a delicate balance that must be maintained if one wants to have success. Insurance is there in case something goes wrong.

There are many different kinds of insurance policies depending on the needs of the individual trainer. Some trainers need insurance policies for big dollar amounts to protect themselves from major liability. Others are just trying to break into the business and can go with a smaller insurance policy to cover small mishaps. The wide range of possible insurance options makes it easier than ever for people to get their start in the business.

Horse insurance is a must for people who want to work with the best horses in the world. Many owners will not allow a trainer to touch their horse unless that trainer is backed by insurance. It is a means of showing that a person is serious about getting involved in the horse industry. Those who want to have success should shop around for the policy that makes the most sense.