SALARY SAVINGS INSURANCE
Salary Savings Insurance (SSI) in all aspects is ordinary or regular life insurance except that the premium is payable monthly through salary deduction. Therefore, any ordinary or regular plan and disability riders, may be sold under SSI. The ever increasing and changing demands of our market dictate that we continuously develop new products that cater to specialized needs. With the able coaching of our professional agents in the field, our offerings are developed to answer the demands of any specified target sector or market. We have the succeeding top of the line special plans corresponding to the many expected necessities of life.
A. CASH OR SEED MONEY
Cash for the bereaved family, Seed Money for retirement or for planning One's Estate.
1. THE NEW APLE
Experience life to the fullest with the New A.P.L.E., a whole life plan that guarantees anticipated endowments every five years. Now you don't have to worry about where to get cash for your future needs. Take away all your worries and plan ahead for tomorrow.
This plan provides you savings and also covers you with insurance protection until the age 100, with any easy and short paying premium mode you can choose from.
2. FORTUNE MILER SAVINGS INSURANCE
Fortune Miler offers a financial package that provides lifetime protection and cash benefits given to the policyholder every three years until the 21 st policy year. At the end of which, the policyholder will get a total of 175% of his/her investment. It gives everyone financial flexibility as there are more options in terms of premium payment period. With this unique feature, the Fortune Miler allows a policyholder to plan his/her finances in the future with determined rates based on the premium payment period of the insured's own choice.
3. FORTUNE ENHANCER SAVINGS INSURANCE
Fortune Life's Enhancer makes a perfect partner in the future. It offers a financial package suited to the growing needs of people today. Aside from the basic protection of a whole life plan that offers lifetime protection, it also offers cash benefits every two years until age 98. With this special feature, the policyholder can enjoy more choices in life. Young people can support their education and raise capital for business ventures while being insured for life. Married couples can lead a more secure and stable life while retired people can obtain a new source of income.
4. FORTUNE PROVIDER SAVINGS INSURANCE 60/65
As its name implies, this is a plan that provides fortune for your future. With a limited paying period of 10 years one is sure to get cash equal to the face amount at age 60 or 65 through Fortune Provider Savings Insurance. Now you can enjoy your retirement without the hassle and worry of life's pressure. Live another lifetime ahead of you with this new plan that gives savings and protection for you and your family.
5. FLEXILIFE WEALTH PROTECTOR 1-10
Be flexible, adapt with the changes around you with Flexilife Wealth Protector. A plan that is flexible in terms of paying your premium for it gives you 1 to 10 years paying period. Anyone who is financially stable now can get protection from creditors and estate tax through this new plan. Now you can easily generate funds for your needs. Not only savings but protection from inevitable is what this plan is offering to its wide market.
6. FLEXI-DOLLAR WEALTH ACCUMULATOR
This plan is a traditional non-participating limited payment 10-Year Endowment Plans payable in 1, 2, 3, 4 and 5 years. It is administered in US Dollar (USD) in which premiums, nonforfeiture values, and policy benefits are all paid in USD. It is a Ten Year Endowment Plan that means the company will pay the face amount to the designated beneficiaries upon the death of the Insured within ten (10) years from the policy effective date. With times getting tough, more people are always on the lookout for investment opportunities, Flexi-dollar Wealth Accumulator is one sure way to you and your family's security.
7. NEW GOLDEN LIFE WEALTH PROTECTOR
New Golden Life Wealth Protector will defend you and your family to the hustle and bustle of life. It is a traditional nonparticipating whole life plan payable during the lifetime of the insured. Now you can safeguard your family without having to compromise life's pleasure. Not only that, even your family can enjoy the fruit of your labor as it helps you accumulate wealth and conserve it against claims of creditors and taxes. Protection for the inevitable can easily be achieved with this new offering from Fortune Life.
8. FORTUNE OCHO DERECHO
Fortune Ocho Derecho is a plan designed specially for bonafide teachers and members of the Department of Education or DepEd. It is a whole life plan with comprehensive healthcare coverage payable within eight years. With its eight main features, personnel and teachers from DepEd can enjoy cash values and a policy loan and protection within its life insurance coverage and health care from different accredited hospitals and clinics. Fortune Ocho Derecho answers the needs of DepEd teachers and personnel while giving them options to enjoy life to the fullest.
9. ESTATE PROTECTOR PLAN
Estate Protector Plan is another plan created to protect your hard earned wealth from devaluation because of estate taxes impose by the government. It is a traditional whole life plan that provides lifetime insurance coverage payable during the lifetime of the insured. Fortune Life understands your needs, that is why Estate Protector Plan is developed to provide you something that will answer your estate taxes to protect your family and loved ones. So look beyond with the new Estate Protector Plan.
B. PROVISION FOR PERSONAL ACCIDENT
1. FAMILY PROTECTOR PLAN PLUS
As a special coverage that provides personal accident insurance to the principal insured, his spouse or parents, and children or brothers/sisters. It is also provides a medical reimbursement to the principal insured, his spouse or parents only. The very significant advantage of Family Protector Plan Plus is the burial benefit, which is 25% of the basic coverage for both the principal insured and other covered members. The burial benefit will be paid upon the death of a covered member from all causes, except suicide within the first two (2) years of the policy.
2. PERSONAL ACCIDENT CARDS
For only a small amount, the insured will be covered with insurance arising from accident up to a maximum of P50,000.00 for one year commencing on the effectivity date indicated in the card. Upon receipt by the company due proof that he has sustained accidental bodily injuries and as a result of such injuries has sustained, within one hundred eighty (180) days from the date of accident causing such injuries, loss in life or dismemberment of body parts, Fortune Life will pay to the insured, if living, or his beneficiary, if deceased, the amount specified for such loss in such schedule limited to the principal sum of the coverage.
C. FUND FOR EDUCATION OF DEPENDENTS
1. FORTUNE EDUCATION PLAN(FEP)
As parents, education is the most important legacy you can give to your children. Now worry no more. Fortune Life understands your needs. And they are now offering the new Fortune Education Plan or FEP where education and insurance were combined into one.
Your children's future is now guaranteed even adversities arise with this new product from Fortune Life Insurance.
D. INCOME WHILE IN THE HOSPITAL
1. HOSPITAL INCOME PLAN PLUS (HIPP)
The new Hospital Income Plan Plus (HIPP) is a traditional nonparticipating yearly renewable hospital income plan, which provides benefit in the form of hospital daily income multiplied by the number of days of confinement, subject to a maximum of thirty-one (31) days per confinement. Successive periods of hospital confinements shall be considered as one (1) period of confinement, unless separated by more than thirty (30) days, or the subsequent confinement is due to causes entirely unrelated to the causes of the previous confinement.The HIPP policyholder may renew his/her policy every year, provided he/she not yet reached age 60
HIPP also provides an Annual Physical Examination (APE) Cash Allowance amounting to 40% of the Daily Income Benefit (DIB).
