Sample Proposal SunLife

28 Male NON-SMOKER | INSURANCE + INVESTMENTS

Add-ons: Total Disability Benefit | Accidental Death, Dismemberment and Disablement | Critical Illness Benefit | Hospital Income Benefit

Summary:
 
Annual Premium / Payment: Php 18,868
  • Monthly: P1,573
  • Can Top-up above P1,573: Yes (goes to investment)
  • Payable for a minimum of 20 years
  • At age 38, you can choose to have premium holiday or continue investing to have higher funds for investment. 
 
Insurance benefits:
  • Natural Death: Php 400,000 (Minimum. Grows through time.)
  • Accidental Death: Php 800,000 (Minimum)
  • Incase Cannot Work Anymore: 100% of Life Insurance fee will be waived
  • Dismemberment & Disablement Benefit – (up to) Php 400,000 -includes loss of sight, fingers, loss of feet, toes, hands etc.
  • Hospital Reimbursement: P1,500 / day caused by sickness (3 days minimum) or accident (1 day minimum)… P3,000 / day if ICU or caused by one of the 11 Dreaded Diseases
  • Critical Illness Benefit: P500,000 (covers against 36 critical illnesses including Acute Heart Attack, Stroke, Invasive Cancer etc.)
 

Return on Investment: (assuming 10% annual investment growth)

  • Fund allocation: 100% on Index Funds (Stock Market // Agressive)
  • If you will observe premium holiday at age 48:
    • At Age 65, you could get P2.3M
    • At Age 88 (max age), he could get P19.4M
  • If client will not have premium holiday:
    • At Age 64, you could get P3.5M
    • At Age 88 – P32 M
  • (Note: All funds are withdrawable anytime. Policy will stop if funds reach zero pesos)

30 FEMale NON-SMOKER | INSURANCE + INVESTMENTS

Add-ons: Total Disability Benefit (Waiver of Premium) (TDB) | Accidental Death, Dismemberment and Disablement (ADDD) | Critical Illness Benefit (CIB) | Hospital Income Benefit (CIB) | Female Critical Illness Benefit (FCI)

Summary:
 
Annual Premium / Payment: Php 21,110
  • Monthly: P1,759
  • Can Top-up above P1,759: Yes (goes to investment)
  • Payable for a minimum of 20 years
  • At age 50, you can choose to have premium holiday or continue investing to have higher funds for investment. 
 
Insurance benefits:
  • Natural Death: Php 500,000 (Minimum. Grows through time.)
  • Accidental Death: Php 800,000 (Minimum)
  • Incase Cannot Work Anymore: 100% of Life Insurance fee will be waived
  • Dismemberment & Disablement Benefit – (up to) Php 300,000 -includes loss of sight, fingers, loss of feet, toes, hands etc.
  • Hospital Reimbursement: P1,000 / day caused by sickness (3 days minimum) or accident (1 day minimum)… P2,000 / day if ICU or caused by one of the 11 Dreaded Diseases
  • Critical Illness Benefit: P300,000 (covers against 36 critical illnesses including Acute Heart Attack, Stroke, Invasive Cancer etc.)
  • Female Critical Illness Benefit: P500,000 (coverage includes Cancer *Breast, Uterus, etc., Osteoporosis, Systemic Lupus etc.)

 

Return on Investment: (assuming 10% annual investment growth)

  • Fund allocation: 100% on Index Funds (Stock Market // Agressive)
  • If you will observe premium holiday at age 50:
    • At Age 65, you could get P1.6M
  • If client will not have premium holiday:
    • At Age 65, you could get P2.5M
  • (Note: All funds are withdrawable anytime. Policy will stop if funds reach zero pesos)

53 FEMale NON-SMOKER | INSURANCE + INVESTMENTS

Add-ons: Total Disability Benefit (Waiver of Premium) (TDB) | Accidental Death, Dismemberment and Disablement (ADDD) | Hospital Income Benefit (CIB)

Summary:
 
Annual Premium / Payment: Php 19,728
  • Monthly: P1,644
  • Can Top-up above P1,644: Yes (goes to investment)
  • Payable for a maximum of 34 years
  • At age 88, all funds should be withdrawn together with fund growth caused by stock market investments

Insurance benefits:

  • Natural Death: 400,000
  • Accidental Death: 800,000
  • Incase Cannot Work Anymore: 100% of Life Insurance Fees are waived
  • Dismemberment & Disablement Benefit – (up to) 400,000 -includes loss of sight, fingers, loss of feet etc.
  • Hospital Reimbursement: P1,000 / day caused by sickness (3 days minimum) or accident (1 day minimum)… P2,000 / day if ICU or caused by one of the 11 Dreaded Diseases
Return on Investment: (approximately 10% interest)
Age 88 – 2.301M (If client will not stop paying premiums)
 
(Note: All funds are withdrawable anytime. Policy will stop if funds reach zero pesos)

 

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