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ST Peter Life Plan

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ST. PETER LIFE PLAN INC.

S T. P E T E R L I F E P L A N O F F I C E ,
2 / F , M R H S B L D G . , S A L I T RA N 2 , D A S M A R I N A S

… A S T. P E T E R G R O U P C O M PA N Y …

February 10, 2019

To : All Members of MAYCOOP

Death is not an interesting topic to discuss. But it is a conversation which families should have before an
inevitable need arises. A funeral is not only an emotional experience, but also a financial one. Unfortunately,
funeral is one of the most unavoidable expenses a family makes.

In this regard, we are pleased to propose to you a multi-functional memorial service opportunity FOR ALL
MAYCOOP MEMBERS AND THEIR FAMILIES. Our ST. PETER LIFE PLAN product packages cover the
basic needs from pull-out, transportation and transfers, embalming, casket, viewing chapel and funeral coach
during the interment.

ST. PETER LIFE PLAN memorial service product package features: Value-added Multiple Insurance Benefits
(Cash Assistance, Accident Benefits and others) Transferability Option, Assignability Option, Loan Option and
Return of Premium on top of the world-class memorial services solidly guaranteed by almost 300 St. Peter
Chapels all over the country.

Our Company, St. Peter Life Plan, Inc. (SPLPI), has more than 40 years of experience and expertise in
providing world-class DeathCare services to the Filipino people. We have thousands of satisfied planholders
nationwide who have cemented SPLPI as the leading DeathCare Expert in the country today.

The Life Plans we are offering is a promising investment given the most affordable price in the market right now
and the plan features and benefits it carries to ensure peace of mind to all our planholders.

The plan packages are as follows:

Plan Type: ST. GREGORY PLAN (NO Return of Premium Benefit)


Plan Value: Php 38,200.00
Monthly Payment: Php 725.00 X 60 Months (5 years)
Type of Casket: Metal casket, full glass, single cover, elegant
interior, imported corners, and handles
At-Need Price: Php 110,000.00

Plan Type: ST. CLAIRE PLAN (NO Return of Premium Benefit)


Plan Value: Php 66,000.00
Monthly Payment: Php 1,255.00 X 60 Months (5 years)
Type of Casket: Metal casket, half-glass, single cover, elegant
interior, imported corners, and handles
At-Need Price: Php 120,000.00
Plan Type: ST. BERNADETTE PLAN (NO Return of Premium Benefit)
Contract Price: Php 76,500.00
Monthly Payment: Php 1,455.00 X 60 Months (5 years)
Type of Casket: Metal casket, full glass, full lid cover,
elegant interior, imported corners, and handles
At-Need Price: Php 131,000.00

PLAN TYPE: ST. ANNE PLAN (NO Return of Premium Benefit)


Contract Price: Php 105,000.00
Monthly: Php 1,1995.00 X 60 Months (5 years)
Type of Casket: Metal casket, double lid cap, full glass, first class interior,
imported casket corners and handles
At-Need Price: Php 219,000.00

PLAN TYPE: ST. FERDINAND PLAN (With Return of Premium Benefit)


Contract Price: Php 105,000.00
Monthly: Php 1,1995.00 X 60 Months (5 years)
Type of Casket: Metal casket, full glass, single cover, elegant
interior, imported corners, and handles
At-Need Price: Php 110,000.00

The plan features are as follows:

1. INSURANCE BENEFITS:

 Unpaid Balance Deemed Paid! (Applicable only for Installment Basis)


The unpaid balance is considered paid (after 1 year contestability) if planholder passes away
anytime within the paying period and planholder is within the insurable ages of 18 to 60 years at
time of purchase of the plan.

 Cash Assistance Benefits!


The plan holder’s beneficiaries shall receive 100% of the pre-need price if the planholder dies
during the paying period or within (5) five years after full payment of the plan and plan holder
has not reached age 65 upon death.

 Accidental Death and Dismemberment!


Cash benefit equivalent to the pre-need price for accidental loss of life, loss of both hands, both
feet, sight of both eyes, or a combination thereof if the event happens within paying period and
the planholder is between 18-55 years old.

2. Waiver of Installment! (Applicable only for Installment Basis)


Planholder is exempted from paying the installment balance in the event of an uninterrupted
disability of at least 6 months during the paying period.

3. Money Back / Return of Premium! (Applicable only for ROP Plans)


The contract price will be returned to you in the amount equivalent to 20% of the contract which
shall be paid each year beginning at the end of 16th until the end of the 20th year while you are living.
4. Transferability!
The plan holder may transfer the plan to another living person. However the transferee will be
entitled to the return of premium only if the transfer is made before the planholder starts receiving
the return of premium

5. Assignability!
You may assign the plan to any deceased person, provided that the balance, if any, will be paid
before a service is rendered (return of premium shall cease automatically once the plan is assigned)

6. Unrendered Service!
Beneficiary will receive a cash value according to schedule if memorial service was not performed
or may opt to retain the plan for the memorial service only..

7. Viewing of 4 days!
Four (4) day viewing in our accredited mortuary chapels or in your own home.

 Contestability period - It is only one (1) year from inception of the contract or date of
the last Reinstatement.

 Reinstatement - You are given 2 years from the end of the grace period to activate a
lapsed plan.

 No Medical Examination Required!

Should you have any query, please do not hesitate to call Ms. Honorata Gonzales at 0917-6312882 (Globe) or
0939-9140669 (Smart). She shall be glad to discuss with you the merits of St. Peter Life Plan anytime at your
convenience.

Thank you very much.

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