MANILA, Philippines - The Philippine American Life and General Insurance Co. (Philamlife) has introduced Bright Future Plus, its newest education and life insurance plan-in-one to help parents save for education expenses.
Bright Future Plus helps fulfill parents’ dreams by ensuring their child’s college education through guaranteed semestral benefits.
These education benefits increase every year to prepare for the increasing costs of tuition. Bright Future Plus also ensures that in case of unforeseen events, the college education benefits are still guaranteed while additional cash benefits will be provided for paying other school expenses.
Parents can choose from a number of flexible payment schemes, such as five years to pay, pay up to age 12, or pay up to age 16, which can be paid in quarterly, semi-annual or annual payment terms.
Bright Future Plus offer peso-denominated saving for education at affordable premiums. For a five-year pay plan, parents and children can enjoy fundamental education benefits of P98,000 for as low as P18,587.36 per year computed at age zero of the child.
Interested parties may call 528-2000, visit www.philamlife.com, go to the nearest Philamlife office or contact a Philamlife agent.
http://www.philstar.com/Article.aspx?articleid=596906
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