MVP
MONEY VALUE PLUS
A comprehensive financial security package that guarantees a Lifetime protection fund
for Family Income Continuity & Savings Funds for planned cash needs and emergencies
Plan Components
Limited Payment Whole Life Plan
Paid up in 2 or 5 years, guarantees lifetime protection Participates in surplus earnings
Pure Endowment Rider
Generates cash value for the maturity benefit
Contingency Fund Rider
Accumulates cash for maturity benefits, or for payment of any premium default
Major Benefits
* Limited payment period; and level amount of lifetime insurance protection.
* Guaranteed Maturity Value equal to face amount
* Guaranteed lifetime cash value growth after maturity (part of lifetime insurance benefit)
* Non forfeiture Options
Eligibility
30 days up to 70 years old
Note: Complete terms and conditions are stipulated in the policy contract.
Added Benefits
* Waiver of premium due to total and permanent disability, natural or accidental causes, for issue ages 15 to 55.
* Accidental death benefit equal to amount of life insurance for issue ages 15 to 55.
* For Juvenile insured, premium waiver in case of Payor’s death for issue ages:
Juvenile age: 0 to 21
Payor age: 20 to 60
Mechanics of the Plan
The Multi-Benefit in One Plan