Alalay sa Buhay for Seniors
ALALAY SA BUHAY Insurance for Seniors
• Life Insurance protection for one (1) year.
• One time payment of Php 1,000.00 1 unit, Php 1,750.00 2 units and Php 2,500.00 3 units
COVERAGE:
• Death Benefit: Loss of life due to old age, ailment or fatal accident.
• Instant Abuloy: Immediate burial assistance given to bereaved families upon submission of death certificate of insured by authorized claimant.
Other Provisions:
• May cover individuals ages 71-80.
• No medical examination required.
• One (1) year contestability period.
• Maximum of three (3) units may be purchased by one person.
• Coverage of new applicant shall take effect only upon approval of application and receipt of payment by CBLIC head office.
| 1 Unit | 2 Units | 3 Units | |
| Benefits | |||
| Death Benefit | P 25,000.00 | P 50,000.00 | P 75,000.00 |
| Instant Abuloy | P 5,000.00 | P 5,000.00 | P 5,000.00 |
| Annual Rate: | P 1,000.00 | P 1,750.00 | P 2,500.00 |