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    Kaycee Tolentino 1 Year Old Child Educ Funding Proposal

    Uploaded by

    Rheianne Dela Isla
    This document proposes a life insurance policy for Baby Tolentino. The purpose is for educational funding with protection benefits. It compares the monthly savings, total savings, life insurance payout, and projected fund values of different plan options - PAA+, Flexible Savings, Elite 15 years, and Elite 10 years - showing the Flexible Savings and Elite plans provide higher returns but for a set term, while the PAA+ provides flexible savings without a term. It then provides information about Prudential PLC and Pru Life UK to establish them as a reputable insurer.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Kaycee Tolentino 1 Year Old Child Educ Funding Proposal

    Uploaded by

    Rheianne Dela Isla
    7 views2 pages
    This document proposes a life insurance policy for Baby Tolentino. The purpose is for educational funding with protection benefits. It compares the monthly savings, total savings, life insurance payout, and projected fund values of different plan options - PAA+, Flexible Savings, Elite 15 years, and Elite 10 years - showing the Flexible Savings and Elite plans provide higher returns but for a set term, while the PAA+ provides flexible savings without a term. It then provides information about Prudential PLC and Pru Life UK to establish them as a reputable insurer.

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    Kaycee Tolentino 1 year old child Educ Funding Proposal

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    This document proposes a life insurance policy for Baby Tolentino. The purpose is for educational funding with protection benefits. It compares the monthly savings, total savings, life insurance payout, and projected fund values of different plan options - PAA+, Flexible Savings, Elite 15 years, and Elite 10 years - showing the Flexible Savings and Elite plans provide higher returns but for a set term, while the PAA+ provides flexible savings without a term. It then provides information about Prudential PLC and Pru Life UK to establish them as a reputable insurer.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    7 views2 pages

    Kaycee Tolentino 1 Year Old Child Educ Funding Proposal

    Uploaded by

    Rheianne Dela Isla
    This document proposes a life insurance policy for Baby Tolentino. The purpose is for educational funding with protection benefits. It compares the monthly savings, total savings, life insurance payout, and projected fund values of different plan options - PAA+, Flexible Savings, Elite 15 years, and Elite 10 years - showing the Flexible Savings and Elite plans provide higher returns but for a set term, while the PAA+ provides flexible savings without a term. It then provides information about Prudential PLC and Pru Life UK to establish them as a reputable insurer.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    Proposed Life Insured: Baby Tolentino, 1 y/o healthy

    Policy Owner: Kaycee Linatoc Tolentino, healthy


    Prepared by: Robert Monterola, CPA, CTT, CIA- Premiere Licensed Financial Advisor
    Purpose: Educational Funding with protection benefits

    I. PROTECTION

    PAA+ Elite 15 Elite 10


    Monthly Savings BANK (savings P4,000 P7,000 P10,000
    Daily Equivalent of P4k per P133/ day P233/ day P333/ day
    Type of Plan month) Flexible Savings 15 years 10 years

    Total Savings 816K Unlimited/no term 1.2 Million 1.2 Million


    Life Insurance (up to age 100) - 1,500,000 1,500,000 1,500,000
    Accidental Death and Disablement (ADD) (up to age 73) - 500,000 500,000 500,000
    Accelerated Total and Permanent Disability (ATPD) (up to age - 500,000 500,000 500,000
    70)
    When the payor When the payor dies When the payor dies When the payor dies
    Payor Waiver dies or get or get permanently or get permanently or get permanently
    permanently disabled, savings disabled, savings disabled, savings
    disabled, savings continue continue continue
    STOP
    Note:
    1. ADD - Pays additional cash benefit separate from the Basic Sum Assured in case of accidental death/accidental disablement following the Table of
    Losses and Liabilities.
    2. ATPD - cash benefit is paid in the event that the accident results in irreversible injury and the Insured becomes totally and permanently disabled for a
    period of six consecutive months and remains to be so at the end of such period.
    [“Accelerated” means it is a sum of money taken out from the amount of “Life Insurance”]

    II. PROJECTED FUND VALUE *Fund Value is Not guaranteed and depends on the PH stock market.
    *Fund Value refers to full withdrawable value, thus, already net of charges.

    BANK SAVINGS Flexible Savings program Pru15 years program Pru 10years program
    Total Growth @ Total Growth @ Total Savings Growth @ 10% Total Savings Growth @
    Savings 0.125% Savings 10% 10%
    Year 5 240K 242K 240K 157K 420K 306K 600K 521K
    Year 10 480K 483K 480K 551K 840K 1.04 Million 1.2 Million 1.77 Million
    Year 15 720K 726K 720K 1.21 Million 1.2 Million 2.45 Million Paid 2.83 Million
    Age 18 years old 816K 825K 816K 1.57 Million Paid 2.96 Million Paid 3.42 Million
    Why Pru Life UK?

     Philippine subsidiary of Prudential PLC of the United Kingdom


     Celebrating 173 years listening worldwide (since 1848)
     Backed by over $703 Billion in funds under management
     Listed in 5 Major Market ( London, New York, Singapore, Hong Kong, India )
     Our insurance operation is World Wide.
     In Asia – Laos, Hong Kong, Indonesia, Singapore, Malaysia, China, Korea, India, Taiwan, Thailand, Vietnam, Philippines, Cambodia
     In Philippines, established in 1996 and has consistently ranked among the top 3 industry players since 2001
     PIONEERED the variable insurance which totally changed the insurance industry landscape
     Our Fund Manager is Eastspring Investments Limited based in Singapore
     Financial literacy is one of our many advocacies

    Our Fund Manager

     Consistently Asia’s number 1 Fund Manager


     Managing USd146B
     250+ Investment Professionals
     was chosen by Bangko Sentral ng Pilipinas to manage its government provident fund.

    More awards on this link: https://www.eastspring.com/about-us/awards

    Latest Updates

    On PRU Life UK- Forbes Top 2000 List


    https://www.forbes.com/lists/global2000

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