PNB Life's 5-Pay Premier Life Peso 2015 Quote

I will share with you below a quote I got for PNB Life Insurance Inc.'s  5-Pay Premier Life Peso last 2015.

Plan Info: 5-Pay Premier Life Peso

- A 5-pay participating whole life insurance plan. It is your premier choice in ensuring a premier life for your family's future.

This quote is for: Female, 27-30 yo, single, childless, no chronic disease

Attached Riders: Waiver of Premium Rider; Accidental Death and Dismemberment Rider 

Years Payable: 5 years

Currency: Philippine Peso

Coverage Type	ANNUAL Premium	Benefit Amount
Basic Plan	41,600	1,000,000
Waiver Rider	144.83	45,260
Accident Rider	3,660	1,000,000
Total Modal Premium	45,404.83
Total Annualized Premium	45,404.83

Php 45,404.83 per year x 5 years = Php 227,024.15

Premium Mode	Modal Premium	TOTAL Annualized Premium
Annual	45,404.83	45,404.83
Semi-Annual	23,837.54	47,675.08
Quarterly	12,486.33	49,945.32

Maturity and Death Benefits
Living Benefits	Benefit Amount
Guaranteed Cash Value	376,620.00
Non-Guaranteed Cash Dividends Accumulated at 2.5% p.a	27,611.00
Total Living Benefits	404,231.00
Death Benefits	Benefit Amount
Guaranteed Death Benefit	1,000,000.00
Non-Guaranteed Cash Dividends Accumulated at 2.5% p.a	27,611.00
Total Death Benefits	1,027,611.00

Note:

Dividends (if applicable) were assumed to be left with the Company to accumulate at an interest rate of 2.5% p.a. under the assumption that no withdrawals were made during the life of the Policy.
Dividends are not guaranteed. The dividend rates will be based on the actual Company experience from time to time.
The cash value shown at the end of Policy year, when anticipated endowments are due, already excludes such anticipated endowments.

Benefits:

1. Provides protection up to 100 years old.
2. Builds guaranteed cash values
3. Earns Dividends
4. Policy amount is paid out if the insured survives his/her 100th birthday.

Riders that may be attached to this policy:

1. Accidental Death Benefit (ADB)
2. Accidental Death and Dismemberment (ADD)
3. Special Accident Rider (SAR)
4. Dread Disease Rider (DDR)
5. Waiver of Premium Rider (WOP)
6. Payor's Benefit Rider (PBR), for minor insured up to age 20
7. Term Rider
8. Decreasing Term Rider (DTR)
9. Flexi-Fund Rider (FFR)
10. Living Benefit Rider (LBR)

POLICY YEAR & ATTAINED AGE	ANNUALIZED PREMIUM (Beg. of Yr) [5]	ANTICIPATED ENDOWMENTS (End of Yr)	GUARANTEED CASH VALUE	GUARANTEED DEATH BENEFITS
1 - Age 28	45,404.83			1,000,000
2- Age 29	45,404.83		15,010	1,000,000
3 - Age 30	45,404.83		65,160	1,000,000
4 - Age 31	45,404.83		91,560	1,000,000
5 - Age 32	45,404.83		122,490	1,000,000
6 - Age 33			128,220	1,000,000
7 - Age 34			134,180	1,000,000
8- Age 35			140,400	1,000,000
9 - Age 36			146,860	1,000,000
10 - Age 37			153,550	1,000,000
11 - Age 38			160,460	1,000,000
12 - Age 39			167,600	1,000,000
13 - Age 40			174,950	1,000,000
14 - Age 41			182,500	1,000,000
15 - Age 42			190,270	1,000,000
16 - Age 43			198,260	1,000,000
17 - Age 44			206,490	1,000,000
18 - Age 45			214,970	1,000,000
19 - Age 46			223,700	1,000,000
20 - Age 47			232,710	1,000,000
21 - Age 48			242,000	1,000,000
22- Age 49			251,570	1,000,000
23 - Age 50			261,430	1,000,000
24 - Age 51			271,580	1,000,000
25 - Age 52			282,020	1,000,000
26 - Age 53			292,740	1,000,000
27 - Age 54			303,730	1,000,000
28 - Age 55			315,000	1,000,000
29 - Age 56			326,580	1,000,000
30 - Age 57			338,500	1,000,000
33 - Age 60			376,620	1,000,000
38 - Age 65			446,740	1,000,000
43 - Age 70			526,750	1,000,000
48 - Age 75			612,610	1,000,000
53 - Age 80			695,020	1,000,000
58 - Age 85			769,710	1,000,000
63 - Age 90			831,240	1,000,000
68 - Age 95			893,900	1,000,000
73 - Age 100		1,000,000		1,000,000

LOW Accumulation Rate (2% FFR, 2.5% DIV)
POLICY YEAR & ATTAINED AGE	ACCUM CASH DIVIDENDS [2]	TOTAL LIVING BENEFIT	TOTAL DEATH BENEFIT
1 - Age 28	68	68	1,000,068
2- Age 29	204	15,214	1,000,204
3 - Age 30	419	65,579	1,000,419
4 - Age 31	715	92,275	1,000,715
5 - Age 32	1,100	123,590	1,001,100
6 - Age 33	1,503	129,723	1,001,503
7 - Age 34	1,938	136,118	1,001,938
8- Age 35	2,399	142,799	1,002,399
9 - Age 36	2,886	149,746	1,002,886
10 - Age 37	3,401	156,951	1,003,401
11 - Age 38	3,951	164,411	1,003,951
12 - Age 39	4,537	172,137	1,004,537
13 - Age 40	5,153	180,103	1,005,153
14 - Age 41	5,807	188,307	1,005,807
15 - Age 42	6,499	196,769	1,006,499
16 - Age 43	7,232	205,492	1,007,232
17 - Age 44	8,005	214,495	1,008,005
18 - Age 45	8,820	223,790	1,008,820
19 - Age 46	9,678	233,378	1,009,678
20 - Age 47	10,588	243,298	1,010,588
21 - Age 48	11,543	253,543	1,011,543
22- Age 49	12,551	264,121	1,012,551
23 - Age 50	13,607	275,037	1,013,067
24 - Age 51	14,720	286,300	1,014,720
25 - Age 52	15,891	297,911	1,015,891
26 - Age 53	17,120	309,860	1,017,120
27 - Age 54	18,411	322,141	1,018,411
28 - Age 55	19,771	334,771	1,019,771
29 - Age 56	21,195	347,775	1,021,195
30 - Age 57	22,685	361,185	1,022,685
33 - Age 60	27,611	404,231	1,027,611
38 - Age 65	37,496	484,236	1,037,496
43 - Age 70	49,878	576,628	1,049,878
48 - Age 75	65,233	677,843	1,065,233
53 - Age 80	84,119	779,139	1,084,119
58 - Age 85	106,953	876,663	1,106,953
63 - Age 90	134,132	965,372	1,134,132
68 - Age 95	165,716	1,059,616	1,165,716
73 - Age 100	201,555	1,201,555	1,201,555

MID Accumulation Rate (2.5% FFR, 3.75% DIV)
POLICY YEAR & ATTAINED AGE	ACCUM CASH DIVIDENDS [2]	TOTAL LIVING BENEFIT	TOTAL DEATH BENEFIT
1 - Age 28	90	90	1,000,090
2- Age 29	273	15,283	1,000,273
3 - Age 30	564	65,724	1,000,564
4 - Age 31	965	92,525	1,000,965
5 - Age 32	1,491	123,981	1,001,491
6 - Age 33	2,047	130,267	1,002,047
7 - Age 34	2,654	136,834	1,002,654
8- Age 35	3,303	143,703	1,003,303
9 - Age 36	3,997	150,857	1,003,997
10 - Age 37	4,737	158,287	1,004,737
11 - Age 38	5,535	165,995	1,005,535
12 - Age 39	6,392	173,992	1,006,392
13 - Age 40	7,302	182,252	1,007,302
14 - Age 41	8,276	190,776	1,008,276
15 - Age 42	9,316	199,586	1,009,316
16 - Age 43	10,425	208,685	1,010,425
17 - Age 44	11,606	218,096	1,011,606
18 - Age 45	12,861	227,831	1,012,861
19 - Age 46	14,194	237,894	1,014,194
20 - Age 47	15,616	248,326	1,015,616
21 - Age 48	17,122	259,122	1,017,122
22- Age 49	18,724	270,294	1,018,724
23 - Age 50	20,416	281,846	1,020,416
24 - Age 51	22,211	293,791	1,022,211
25 - Age 52	24,114	306,134	1,024,114
26 - Age 53	26,129	318,869	1,026,129
27 - Age 54	28,258	331,988	1,028,258
28 - Age 55	30,518	345,518	1,030,518
29 - Age 56	32,903	359,483	1,032,903
30 - Age 57	35,416	373,916	1,035,416
33 - Age 60	43,845	420,465	1,043,845
38 - Age 65	61,253	507,993	1,061,253
43 - Age 70	83,815	610,565	1,083,815
48 - Age 75	112,774	725,384	1,112,774
53 - Age 80	149,656	844,676	1,149,656
58 - Age 85	195,997	965,707	1,195,997
63 - Age 90	253,542	1,084,782	1,253,542
68 - Age 95	323,861	1,217,761	1,323,861
73 - Age 100	408,544	1,408,544	1,408,544

Notes:

1. This is only an illustration. It doesn't purport to be a contract of insurance and does not in any way create any rights and obligations. Rights and obligations would be governed by the Policy, if issued, and will be subject to its Terms and Conditions.

2. Dividends were accumulated using 2.5% and 3.75% interest rates under LOW and MID assumptions, respectively. Dividends declared per year under the LOW scenario are assumed to have a reduced scale which is 25% lower than the MID scenario. Dividends are not guaranteed. The dividend rates will be based on the actual Company experience from time to time.
3. The deposits and accumulations to the Flexi-Fund Rider (FFR), if any, are included in the computation of columns Total Living Benefit, and Death Benefit. As illustrated, fund accumulations are projected at an assumed pre-tax interest rates of 2% and 2.5% (LOW and MID assumptions, respectively). The crediting interest rate which will be declared by the Company is not guaranteed and may change from time to time.

4. The cash value shown at the end of policy year, when anticipated endowments are due, already excludes such anticipated endowments.

5. The annualized premium illustrated above is based on Annual Mode.

FINALE

5-Pay Premier Life Peso is a participating whole life insurance plan that is payable in 5 years.

PNB Life website about this product:
https://www.allianzpnblife.ph/solutions/estate-planning/premier-life.html

What do you think of this insurance policy?

Disclaimer: This is not a paid/sponsored post. This site is not affiliated with PNB Life Insurance, Inc. Kindly send all your inquiries directly to PNB Life.