WEALTH BUILDER

 Wealth Builder 

 

Building wealth, securing futures

Wealth Builder is an investment linked insurance plan that allows you to access sound financial opportunities by participating in the performance of government or corporate issued bonds or the stocks of the country’s top corporations. Through this participation, you enjoy the services of investment experts otherwise accessible only to the privileged few. By investing in Insular Life Wealth Builder, you and your family are also protected from the risk of economic loss, a benefit only insurance investment vehicles can provide.
Consider the advantages of Wealth Builder:

• One-time commitment

  Wealth Builder is an investment instrument suited for your windfall or any accumulated savings that you don’t intend to use in the short-term. As a one-time paying product, the pressure to save funds for the next payment does not exist.

• Maximized Yields

  Your funds are invested in a diversified portfolio of stocks, bonds, prime corporate notes and short-term money market instruments, allowing you to ride the current performance of these vehicles in the financial environment. As your investment is pooled with the funds of other clients, you have the privilege of large institutional investors such as lower transaction costs, access to desirable investment opportunities, preferred rates and the services of a full time fund manager.

• Freedom to increase investment

  Your succeeding windfalls or accumulated savings can enjoy the product’s performance through infusing these additional funds into your Wealth Builder investment at any time you wish. Referred to as top-ups, your funds just have to reach at least P20,000 so it can be accepted into your existing policy.

• Supplemental insurance protection

  Wealth Builder provides an initial insurance protection equal to 125% of the single premium to supplement your family’s funds upon the insured’s sudden demise.

These investment funds are specific to variable life insurance contracts and are not considered mutual funds. Life insurance products are regulated by the Insurance Commission.

If you wish to discuss how to attain financial freedom, feel free to contact me:

KRISTINE MAGDALUYO
Financial Advisor, Insular Life
09175822327
kaye_magdaluyo@hotmail.com
krmagdaluyo@corlife.com.ph

WEALTH ASSURE

 

Wealth Assure 

Wealth Assure is a peso denominated investment-linked product where regular premium payments are required to enjoy the benefits of lifetime protection and competitive investment yields.

• More Financial Protection

  Wealth Assure’s low initial charges allow for a bigger portion of your insurance premiums to be placed in an investment fund that will give you the opportunity to grow your fund.  A higher fund value is to your favor because the life insurance coverage of this product is equal to the sum insured plus the fund value.

• Competitive Yields for your money

  Wealth Assure’s investment portion maximizes your money’s growth potential as it invests in high-performing funds composed of fixed income assets, equities or both.

• Insurance Coverage Flexibility

  The product provides you the flexibility to determine the insurance coverage needed to preserve your family’s lifestyle and estate using the same amount of annual premiums, for as long as it is paid and the fund performance can accommodate it.

• Liquidity

  As long as the fund value can support it, Wealth Assure allows withdrawals for a minimum of P10,000.

• Opportunity for Growth

  Wealth Assure allows for top-ups at a minimum of P60,000. Top-ups give you the opportunity to infuse funds into the policy to further grow your money faster and increase your gains better. It also enables you to enhance both your living or death benefits.

If you wish to discuss how to attain financial freedom, feel free to contact me:

KRISTINE MAGDALUYO

Financial Advisor, Insular Life

kaye_magdaluyo@hotmail.com

krmagdaluyo@corlife.com.ph

09175822327

WEALTH SECURE

Wealth Secure

Shape your dreams with maximum flexibility.

Wealth Secure is a peso-denominated investment linked insurance plan that provides lifetime insurance protection and makes available funds you can use for whatever purpose you may have. This plan can flex to fit your changing needs as you go through the different stages of life – from funding a lifestyle as a young upwardly mobile professional, to building a life with a special someone, tending to parental concerns like funding the educational needs of children, rediscovering one another as empty nesters, up to securing a financially stable retirement.

• Disciplined savings

  The regularity of premiums built-in the design of the plan allows you to save up for your future in a disciplined and systematic way. You can choose to save annually, semi-annually,quarterly or monthly. With a minimum premium of P20,000, you can start your savings plan and regulate your cash flow to match your desired savings goal. At any time, you can increase your savings plan by doing single pay top-ups.

• Peace of mind

  Wealth Secure guarantees a minimum death benefit equal to 500% of your annual premium regardless of market performance, an assurance that your beneficiaries are financially secured even if you’re no longer around.

• Utmost flexibility

  This investment addresses your financial needs allowing you to withdraw required amounts without necessarily terminating your policy. You can even increase/decrease your coverage or add/reduce your premiums as your need for protection changes and your financial position varies.

• Broad fund selection

  We recognize that your risk appetite may change depending on the life stage you are in, your current financial situation or even your changing goals. For this reason, Wealth Secure gives you greater control over the choice of underlying investment instruments to grow your funds. You have the freedom to allocate your premiums to Equity,Growth, Fixed Income and the Balanced funds.
   

These investment funds are specific to variable life insurance contracts and are not considered mutual funds. Life insurance products are regulated by the Insurance Commission.


If you wish to discuss how to attain financial freedom, feel free to contact me:

KRISTINE MAGDALUYO
Financial Advisor, Insular Life
kaye_magdaluyo@hotmail.com
krmagdaluyo@corlife.com.ph
09175822327

CARITAS FUND PROVIDER MABUHAY

CARITAS FUND PROVIDER MABUHAY is a systematic fund accumulation program designed to help you save for the future while you are still at you most productive years.


Features & Benefits

1. A disciplined SAVINGS scheme

You save only for 5 years and your contributions are scheduled either in annual, semi-annual, quarterly, or monthly installments, depending on your chosen payment mode.

A wide variety of program options and plan variants to fit your financial planning needs

2. Fixed and pre-determined PENSION BENEFIT upon maturity

The guaranteed amount of Pension Maturity Benefit focused yet flexible for variety purposes -- you can use it to pay for your future travels, your children's or grandchildren's education. or other interests that you may wish to pursue during your retirement years.

Upon maturity date, your Pension Maturity Benefit shall become due and may be availed thru any of the following:

Settlement Options

a. LUMP SUM PAYMENT. You will receive the Pension Benefit in one-time payment as full and final settlement of the Caritas Fund Provider Elite.

b. PERIODIC PAYMENT OF INTEREST. You may choose to leave your Pension Maturity Benefit and receive its interest earnings on a regular basis, either annual, semi-annual, quarterly, or monthly basis, computed at the duly agreed upon and guaranteed interest rate, subject to the then prevailing savings deposit interest rate at the time of maturity. At any time during the period of availment, you may opt to receive the full amount of the Pension maturity Benefit as full and final settlement of your plan.

c. PARTIAL WITHDRAWAL. Upon maturity, you may withdraw any portion of the Pension Maturity Benefit and subject the remaining amount to the PERIODIC PAYMENT OF INTEREST.

d. Other settlement which you may wish to arrange with Caritas Financial Plans.


3. Enhanced options for ADDED FINANCIAL PROTECTION

The New Caritas Fund Provider may be subscribed in 3 plan variants:

a. FUND PROVIDER CLASSIC will provide you the Pension Maturity Benefit and the basic protection of the Credit Life Insurance and Total Disability Benefit.

b. FUND PROVIDER ULTIMA will further provide a Longevity Benefit and the extra protection of a Term Life Insurance along whith the basic benefits under the Fund Provider Classic.

c. FUND PROVIDER ULTIMA PLUS will likewise provide the basic benefits featured under Fund Provider Classic, plus the Term Life Insurance coverage and an increased Longevity Benefit.

LONGEVITY BENEFIT
If you are alive at the maturity date of your plan, and you subscribed to the Ultima or Ultima Plus variants of the New Caritas Fund Provider, you will be entitled to a cash bonus, payable in lumpsum upon maturity date, as your Longevity Benefit in addition to the Pension Maturity Benefit. The amount of Longevity Benefit depends on the plan variant subscribed:

a. Fund Provider Ultima. The Longevity Benefit shall be equal to 100% of the Pension Maturity Benefit.
b. Fund Provider Ultima Plus. The Longevity Benefit shall be equal to 200% of the Pension Maturity Benefit.

4. Guaranteed Cash Benefit

Non-forfeiture of Contributions

In the event of a lapsed plan remains unreinstated after the prescribed reinstatement period, the plan will not be cancelled and you will still be entitled to a cash benefit upon maturity date anmounting to the total plan credits plus interest of 2%p.a. computed from last unpaid due date until maturity.

Termination Values

Should you decide to discontinue your plan while it is in force, you may surrender and request termination of the plan and be entitled to termination values as approve by the Insurance Commission.


5. Value-added Insurance Coverage

If you are 18 to 60 years of age, and in good health, you will be covered AT NO EXTRA COST with the following:

a. Credit Life Insurance that will fully pay your plan should you pass away during the paying period but before reaching age 70. Your beneficiary will enjoy the pension maturity benefit of your plan upon maturity.

b. Total Disability Benefit that will likewise fully pay your plan should you become permanently and totally disabled during the paying period but before your 60th birthday.

c. Term Life Insurance If you subscribed to the Ultima and Ultima Plus variants of the New Caritas Fund Provider, you will further be covered with Term Life Insurance in case of death prior to the maturity date but before your 70th birthday. Your beneficiary will be entitled to an amount equal to the Contract Price.


Other Features

Trust Fund

1. From the planholder's contributions, Caritas Financial Plans, Inc. maintains a Trust Fund for the exclusive purpose of discharging its obligation to its planholders as provided for in the pre-need plans subscribed. The Trust Fund is administered by a Trustee in accordance with the provisions of the Pre-Need Code of the Philippines.

2. To monitor the performance of the Trust Fund and the solvency of Caritas Financial Plans, Inc., actuarial valuation reports and audited financial statements are regularly submitted to the Insurance Commission.

No Medical Examination Required

Insurance coverage shall be on a "no medical examination" basis up to a maximum of P1,500,000.

Incontestability

Death or disability claims can no longer be constested after the plan has remained in force for an uninterrupted period of one (1) year from its effective date or date of last reinstatement.

Grace Period

The plan shall remain in force even after failure to settle any installment upon its due date within two (2) months from such date of default, only after which the plan shall be rendered lapsed and without force and effect.

Reinstatement

A lapsed plan may only be reinstated either by updating or redating within two (2) years from date of lapsation.

Transferability

While the plan is in force, you may transfer all your rights and privileges under the Agreement to another person as the new planholder.

CARITAS FUND PROVIDER ELITE

CARITAS FUND PROVIDER ELITE is a systematic fund accumulation program designed to help you save for the future while you are still at you most productive years. Whether you have just started your first job or you are at the peak of your career, Caritas Fund Provider Elite is the plan especially designed to fit your financial planning requirements.

Imagine your retirement...

     a time to sit back and relax
     a time for travel and leisure
     a time of comfort and enjoyment
     a time to enjoy financial freedom
     the time to savof the GOOD LIFE!

Pension Benefits

1. Pension Benefit [PB]

Upon the prescribed maturity date, a fixed amount predetermined by the number of units subscribed will become due as the Pension Benefit. The amount may be availed thru a variety of SETTLEMENT OPTIONS.

Settlement Options
a. LUMP SUM PAYMENT. You will receive the Pension Benefit in one-time payment as full and final settlement of the Caritas Fund Provider Elite.

b. PERIODIC PAYMENT OF INTEREST. You may choose to leave you Pension Benefit and receive its interest earnings on a regular basis, either annual, semi-annual, quarterly,
or monthly basis. In the event of your demise, the retained Pension Benefit will finally be paid to your surviving beneficiary. At any time during the period of availment, you may opt to receive the Pension Benefit which will be the final settlement of the Caritas Fund Provider Elite.

c. PARTIAL WITHDRAWAL. You may withdraw any portion of the Pension benefit and subject the remaining amount to the PERIODIC PAYMENT OF INTEREST.

d. Other settlement which you may wish to arrange with Caritas Financial Plans.


2. Yearly Cash Benefit [YCB]

With Caritas Fund Provider Elite, you have a choice from several programs that will help you sufficiently provide for the future financial independence that you envision for youself and your loved ones, EVEN PRIOR TO PLAN MATURITY!

PLAN A will pay you an amount equivalent to 10% of the subscribed Pension Benefit each year for 10 years prior to the prescribed maturity date.

PLAN B will pay you an amount equivalent to 20% of the subscribed Pension Benefit each year for 10 years prior to the prescribed maturity date.

PLAN C will pay you an amount equivalent to 25% of the subscribed Pension Benefit each year for 5 years prior to the prescribed maturity date.

PLAN D will pay you an amount equivalent to 50% of the subscribed Pension Benefit each year for 5 years prior to the prescribed maturity date.

Insurance Benefits

If you are 18 to 60 years of age, and in good health, you will be covered with the following insurance:

1. Term Life Insurance

Pays your beneficiary an amount equivalent to the Pension Benefit of your Caritas Fund Provider Elite should you pass away during the maturity period of the plan priot to reaching age 70.

2. Accidental Death Insurance

Pays your beneficiary an additional amount, also equivalent to the Pension Benefit of your Caritas Fund Provider Elite, should you pass away due to injuries resulting from an accident during the maturity period of the plan but prior to reaching age 65.

3. Credit Life Insurance

Pays for the balance of the Contract Price should you pass away during the paying period but prior to reaching age 70, thereby rendering the plan fully paid and your beneficiary will enjoy both the Yearly Cash and Pension Benefits of the Caritas Fund Provider Elite at the prescribed period.

4. Total Disability Benefit

Waives all installments that may still become due should you become permanently and totally disabled (for an uninterrupted period of at least 6 months) during the paying period but prior to reaching age 60, rendering the plan fully paid and you will enjoy both the Yearly Cash and Pension Benefits of the Caritas Fund Provider Elite at the prescribed period.


Other Features

Affordability

A wide range of prices and programs to choose from. Depending on the maturity period, the number of plan units, and the amount of early cash benefit, your plan will be priced according to your budget and desires.

Plan Termination Values

While the plan is in force, the plan may be surrendered in exchange of its terination value in accordance with the Schedule of Pre-Maturity Benefit.

Trust Fund

1. From the planholder's contributions, Caritas Financial Plans, Inc. maintains a Trust Fund for the exclusive purpose of discharging its obligation to its planholders as provided for in the pre-need plans subscribed. The Trust Fund is administered by a Trustee in accordance with the provisions of the Pre-Need Code of the Philippines.

2. To monitor the performance of the Trust Fund and the solvency of Caritas Financial Plans, Inc., actuarial valuation reports and audited financial statements are regularly submitted to the Insurance Commission.

No Medical Examination Required

Insurance coverage shall be on a "no medical examination" basis up to a maximum of P1,500,000.

Incontestability

Death or disability claims can no longer be constested after the plan has remained in force for an uninterrupted period of one (1) year from its effective date or date of last reinstatement.

Grace Period

The plan shall remain in force even after failure to settle any installment upon its due date within 60 days from such date of default, only after which the plan shall be rendered lapsed and without force and effect.

Reinstatement

A lapsed plan may only be reinstated within two (2) years from date of lapsation either by updating or redating.

Non-forfeiture

If a lapsed plan remains unreinstated after the prescribed reinstatement period, the planholder will still be entitled to a cash benefit upon maturity date anmounting to the total plan credits plus interest of 2%p.a. computed from last unpaid due date until maturity.

Transferability

While the plan is in force, you may transfer all your rights and privileges under the Agreement to another person as the new planholder.