Alalay sa Buhay
Life Insurance protection for one (1) year. Renewable up to age 70.
Features & Benefits
(Alalay sa Buhay)
Beneficiary receives 100% of death benefit anytime during the whole year period.
Natural Death
Loss of life due to old age or other ailment
Accidental Death
Loss of life due to accidents, or unforeseen events, or injury sustained in an accident.
Instant Abuloy
Immediate burial assistance is given to bereaved families upon submission of the death certificate of the insured by an authorized claimant. Daily Confinement Benef
Daily Confinement Benefit
Hospital confinement due to sickness or accident. Benefit is paid up to 30 days of confinement.
OTHER PROVISIONS:
Maximum of four (4) units per insured individual.
May cover individuals ages 13-70.
Coverage of new applicants shall take effect only upon approval of the application and receipt of payment by CBLIC head office.
| Benefits | 1 Unit | 2 Units | 3 Units | 4 Units |
|---|---|---|---|---|
| Death Benefit | P20,000 | P40,000 | P60,000 | P80,000 |
| Accidental Death & Dismemberment Benefit (ADDB) | P25,000 | P50,000 | P75,000 | P100,000 |
| Instant Abuloy | P5,000 | P5,000 | P5,000 | P5,000 |
| Daily Confinement (Maximum of 30 Days) | P200/day | P300/day | P400/day | P500/day |
| Annual Premium | P365 | P700 | P1,000 | P1,350 |
