"Sana lagi tayong ganito."
Retirement can be one of the best and most enjoyable periods of your life if you plan ahead for it. You could take up a new hobby, travel the world, or even take up a second career without the demands of pressing financial concerns.
We understand how important this stage of your life is. That’s why we offer you our expertise to provide you the best product and service solutions to match your specific needs.
Contact a Philam Life Financial Advisor
Contact us at (02) 528-2000 or
email us at email@example.com.
Read Philam Life's "Buti na lang" Testimonials
Our Retirement Plans
We can help you gear up for a leisurely retirement.
You work hard now so you can play hard during your prime years. We can help you enjoy a secure and worry-free retirement with Philam Life’s Leisure, a retirement and life insurance plan-in-one that can give you guaranteed monthly income upon your retirement.
Guaranteed Retirement Income
- You can cover your future expenses through guaranteed monthly income for ten years. You have the option to receive this starting at age 50, 55, 60 or 65.
- You can get cash dividends that you can easily withdraw for your emergency needs, medical bills or other expenses.
Guaranteed Life Insurance Coverage
- You and your family can enjoy peace of mind with its guaranteed life insurance coverage.
- You may enhance your protection with comprehensive accident and health insurance coverage.
With Leisure, you can now enjoy security during your golden years.
We enhance your protection and security with our add-on benefits.
For a better insurance protection coverage, you may opt to add these benefits to your basic Leisure plan:
Accident and Health (A&H)
In case of death, dismemberment or total and permanent disability, Accident and Health (A&H) Benefit provides you with additional protection coverage. You also have an option to add Medical Reimbursement and Weekly Income benefits on top of your plan.
Waiver of Premium / Waiver of Premium Plus (WP/WP+)
In case you become totally and permanently disabled, you and your family will not have to worry about paying for your premiums when you have a Waiver of Premium (WP) Benefit. You can have more peace of mind by availing our Waiver of Premium Plus (WP+) Benefit. Not only will your premium payments be waived, you and your family will also receive an annual disability income equivalent to the waived premium.
Payor’s Benefit Death and Disability (PBDD)
Payor’s Benefit Death/ Payor’s Benefit Death and Disability (PBD/PBDD) waives the remaining premiums on a juvenile policy in case the payor dies or becomes totally and permanently disabled before the child reaches age 25 or before the policy’s maturity or termination, whichever comes first.
Mediguard provides daily hospital income and additional benefits (optional) for long term hospitalization, intensive care unit confinement, and surgery.
For you to understand our products better, below is a sample Timeline Illustration of Benefits for Leisure.
Below are common Frequently-Asked-Questions (FAQs) about Leisure that we have compiled for your reference.
Q: How does it work for me?
A: Leisure is a guaranteed monthly retirement income and insurance plan-in-one. You get monthly cash payouts for 10 years starting at age 50, 55, 60 or 65. The minimum monthly income is P2,000.
Your insurance benefit is equal to 125% of the total premiums paid from effective date up to the policy year before the start of the monthly cash payouts. In the event of death during your availment of monthly income benefits, all unpaid cash benefits will be paid to your beneficiary.
Q: How long do I have to pay for premiums? Where can I pay?
A: Choose among single pay, 5-pay, 10-pay or regular pay; payable quarterly, semi-annually or annually. For the single-pay variant, only the annual mode is available. Payment is convenient – pay in cash, check or credit card at over 5,000 trusted and reliable outlets nationwide. Click on our Payment Facilities for a complete listing of our accredited payment channels.
Q: What happens to my plan in case of my death?
A: In the event of death during your availment of monthly income benefits, all unpaid cash benefits will be paid to your beneficiary. In case of death due to accident, your beneficiary receives additional cash corresponding to your accident insurance coverage.
You can also increase your protection by simply availing of any of the supplementary riders. Click on our attachable benefits tab for more information and see how you can get a more comprehensive coverage.