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    Proposal - Ms. Darlyn Mabella - 26yo 2

    Uploaded by

    Bernardo Magdaong

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    © All Rights Reserved
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    Proposal - Ms. Darlyn Mabella - 26yo 2

    Uploaded by

    Bernardo Magdaong
    4 views5 pages

    Original Title

    Proposal_Ms.-Darlyn-Mabella_26yo-2

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    Copyright:

    © All Rights Reserved
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    4 views5 pages

    Proposal - Ms. Darlyn Mabella - 26yo 2

    Uploaded by

    Bernardo Magdaong

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 5

    Why Pru Life UK?

    ü Philippine subsidiary of Prudential PLC of the United Kingdom


    ü Celebrating 175 years listening worldwide (since 1848)
    ü Backed by over $703 Billion in funds under management
    ü Listed in 5 Major Market ( London, New York, Singapore, Hong Kong, India)
    ü Our insurance operation is World Wide.
    • In Asia – Laos, Hong Kong, Indonesia, Singapore, Malaysia, China, Korea, India,
    Taiwan, Thailand, Vietnam, Philippines, Cambodia
    ü In Philippines, established in 1996 and has consistently ranked among the top 3 industry
    players since 2001
    ü PIONEERED the variable insurance which totally changed the insurance industry landscape
    ü Our Fund Manager is Eastspring Investments Limited based in Singapore
    ü Financial literacy is one of our many advocacies

    Our Fund Manager

    ü Consistently Asia’s number 1 Fund Manager


    ü Managing USD254+B
    ü 300+ Investment Professionals
    ü has chosen by Bangko Sentral ng Pilipinas to manage its government provident funds.
    I. Client Profile:

    Proposed Policy Owner / Age: Darlyn Marbella, 26 YO


    Proposed Life Insured / Age: Darlyn Marbella, 26 YO

    II. INSURANCE PROPOSAL

    PAA+ PAA+ ELITE 15


    COVERAGE 7,500 / month
    3,500 / month 5,000 / month
    BENEFITS AND 250 / day
    117 / day 167 / day
    EFFECTIVITY Limited Pay Plan
    Flexible Plan Flexible Plan
    Up to age 100 3,500,000
    Life Insurance (Sum Assured) Immediately 2,500,000 3,000,000
    Accelerated Total and Up to age 70 1,300,000
    Immediately
    800,000 1,000,000
    Permanent Disability
    Accidental Death and Up to age 73 250,000
    Immediately 100,000 100,000
    Disablement
    Up to age 70 1,300,000
    Accelerated Life Care Benefit 6mons activation
    800,000 1,500,000
    Up to age 60 90,000
    Waiver of Premium Immediately
    42,000 60,000

    Personal Riders
    PA-Accidental Death & Up to age 70 1,000,000
    Immediately 1,000,000 1,000,000
    Disablement
    PA-Accidental Total and Up to age 70 1,000,000
    Immediately 1,000,000 1,000,000
    Permanent Disability
    Up to age 70 500,000
    PA- Murder and Assault Immediately
    500,000 500,000
    Accidental Medical Expense Up to age 70 100,000
    Immediately 100,000 100,000
    Reimbursement
    Surgical Expense Up to age 65 15,000
    30 days activation 15,000 15,000
    Reimbursement
    Daily Hospital Income Up to age 65 1,000
    30 days activation 1,000 1,000
    III. INVESTMENT

    PAA+ PAA+ ELITE 15


    Fund 3,500 / month 5,000 / month 7,500 / month
    TOTAL PREMIUM SAVED 250 / day
    Value* 117 / day 167 / day
    Flexible Plan Flexible Plan Limited Pay Plan

    420,000 | 600,000 | 900,000 388,077.42 535,084.23 983,803.45


    10 years
    630,000 | 900,000 |1,350,000 774.250.05 1,191,862.54 2,312,648.09
    15 years
    840,000 | 1,200,000 | 1,350,000 1,431,563.01 2,210,452.54 3,570,518.05
    20 years
    1,638,000 | 2,340,000 | 1,350,000 8,864,411.63 14,158,644.24 19,182,089.61
    Age 65
    *Fund Value is projected at 10% as mandated by Insurance Commission
    *Chosen fund is Equity fund
    *Annual historical Compounded rate since inception is 14.54
    *Fund Values are not guaranteed

    PAA+ Fund Allocation:


    First Year Second Year Third Year Fourth Year Fifth Year onwards
    0% 0% 50% 100% 100%

    Elite 15 Fund Allocation:


    First Year Second Year Third Year Fourth Year Fifth Year onwards
    40% 60% 85% 95% 100%

    PAA Surrender Charge:


    First Year Second Year Third Year Fourth Year Fifth Year onwards
    0% 0% 0% 0% 0%

    Elite 15 Surrender Charge:


    First Second Third Fourth Fifth Sixth-Eighth Ninth-Tenth Eleventh
    Year Year Year Year Year Years Year Year
    Onwards
    45% 35% 30% 25% 20% 15% 10% 0%

    MODE OF PAYMENT: GCASH, DEBIT OR CREDIT CARD (MASTER OR VISA)


    PAYMENT SCHEME: MONTHLY, QUARTERLY, SEMI-ANNUAL OR ANNUAL
    DEFINITIONS OF BENEFITS:
    Life Insurance or Sum Assured- Benefit that the beneficiary can claim in case of death of the
    insured.

    Accelerated Total and Permanent Disability - Benefit given to client once he/she becomes
    permanently disabled.

    PA-Accidental Total and Permanent Disability- Additional comprehensive benefit solely if


    caused by accident

    Accidental Death and Disablement - Benefit that pays the benefit amount if the life insured
    dies due to an accident within 180days from the date of the accident.

    PA-Accidental Death and Disablement - Additional comprehensive benefit solely if caused by


    accident

    Accelerated Life Care Benefit- Benefit given to client once diagnosed any of the 36 critical
    illness

    PA-Murder and Assault- Benefit given if cause of death is murder without provocation on his
    part or 50% for attempted murder

    Accidental Medical Expense Reimbursement - Outpatient or Inpatient medical expenses due


    to accident of the life insured

    Daily Hospital Income- Pays out the daily cash benefit for each day of hospital confinement
    due to accident/illness.

    Waiver of Premium due to Total and Permanent Disability-Waives all future regular
    premiums due to total and permanent disability.

    Pru Link Assurance Account Plus (PAA+) – is your insurance plus investment plan. This
    allows policyowners to secure maximum protection by availing optional benefits that cover for
    expenses resulting from hospitalization, accident and critical illness. Its regular payment term
    feature allows a policyowner to be more deliberate in setting multiple financial goals because of
    this plan’s affordability.

    PRULink Elite Protector (ELITE) - is a unit-linked product line designed with customer
    advantage in mind. This limited-pay product combines life insurance protection and greater
    potential for wealth accumulation through higher fund allocation and lower upfront charges, but
    it requires higher minimum entry premiums. It is available in both peso and dollar denominations
    payable in 5, 7, 10, and 15 years.

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