Premier Life is the plan to get if you want to ensure a great life for your family. This is a participating whole life insurance policy that allows you to earn dividends while preparing for life’s unexpected events.
Extensive Protection
With Premier Life, you can rest assured that you will always be protected. This insurance plan provides you with the protection you need up to age 100. You can also add riders to your policy, including Accidental Death Benefit (ADB) and Accidental Death and Dismemberment (ADD), for additional security.
Unparalleled Flexibility
You can customize your Premier Life policy depending on your financial capabilities. This policy can be set as a 10-pay or regular-pay plan to accommodate your financial situation. You can also choose to pay your whole life insurance policy quarterly, semi-annually, or annually.
Features and Benefits
Protection Up to Age 100
With Premier Life, you can live your life fully knowing that you are protected. This whole life insurance policy provides you with insurance coverage until you reach the age of 100, so you won’t have to worry too much about any unexpected events. No matter what happens, you know that your family’s future is taken care of.
Flexible Payment Terms
Allianz PNB Life provides you with complete control over how you can pay your regular-pay or 10-year pay whole life insurance. We offer various payment options for your convenience. Choose to pay your policy either annually, semi-annually, or quarterly.
Guaranteed Cash Values
When you choose Premier Life, you will earn guaranteed cash values in the years that your policy is active. Then, you can utilize your cash value in different ways.
The first thing you can do is use your cash value to pay your premiums and save the money you have for other expenses. You can also withdraw your cash value and save it, or spend it on other things.
Additionally, you can use your cash value to take out a loan on your policy. This loan will gain interest until it’s fully paid and may decrease your death benefit amount.
Earn Dividends
Because Premier Life is a participating whole life insurance plan, you can earn dividends yearly. Allianz PNB Life will assess all the profits gained with your investment fund’s actual claims and expenses every year. Then, we will redistribute the profits earned to you.
You can use the dividends you’ve earned to pay your insurance premium or generate interest. You can also opt to take your dividends in cash and spend it however you like.
Cash Payout on Your 100th Birthday
Premier Life provides you with insurance protection until your 100th birthday. Once you reach this age, you will no longer be covered by the policy. However, you will be paid an equivalent of your policy amount, which is a minimum of P350,000.
Optional Riders for Your 10-Year Pay or Regular-Pay Whole Life Insurance
- Accidental Death Benefit (ADB)
- Accidental Death and Dismemberment (ADD)
- Special Accident Rider (SAR)
- Payor's Benefit Rider (PBR), for minor insured up to age 20
- Flexi-Fund Rider (FFR)
