Education is the best legacy you can give your child. With our Eternal Dream Builder Plan, your dream can be a reality. Prepare for your child's future NOW.
Our Eternal Dream Builder Education Plan is a systematic and flexible savings program that guarantees the availability of funds for the future education of children.
Guaranteed 15% annual increment of Education Benefit to provide for increasing school expenses.
Plus
. Transportation Allowance that increases 15% per year for various school expenses.
. Starter Fund. An optional fund that is available immediately after the availment period.
. Flexible features that make you project the amount of education funds that your scholar will need or the amount that you can conveniently save for at present.
. Various payment programs that can accommodate present disposable income. You can save for one, three or five years at annual, semi-annual or quarterly mode of payment.
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WE REWARD YOUR CHILD'S SCHOLASTIC ACHIEVEMENT
Any scholar who graduates with distinction receives additional cash benefit:
Summa Cum Laude. 100% of the plan's contract price.
Magna Cum Laude. 75% of the plan's contract price.
Top-notcher in any professional regulatory board exam. 100% of the plan's contact price.
INSURANCE BENEFITS:
Life is fragile and unpredictable. Our education plan gives you insurance benefits that protect your dream education for your child and cash benefits for your beneficiaries:
Creditors Group Life Insurance (CGLI). If the planholder dies during the paying period and before age 75, we will consider the plan balance fully paid and the scholar/beneficiary is still entitled to receive the education benefit on the maturity of the plan.
Waiver of Installment due to Total and Permanent Disability (WITPD). If the planholder gets totally and permanently disabled before age 66, we will consider the installments as paid as it falls due. On the maturity of the plan, the scholar is still entitled to receive the benefits of the plan.
Accidental Death and Dismemberment Benefit. If the planholder dies of accident during the paying period and before age 66, the beneficiary is entitled to receive 100% of the contract price.
In case of dismemberment, the PLANHOLDER shall receive an amount equal to 100% of the PNP or a portion thereof according to the following:
Loss of Both Hands
100% of the Contract Price
Loss of Both Feet
100% of the Contract Price
Loss of Sight of Both eyes
100% of the Contract Price
Loss of One hand and One foot
100% of the Contract Price
Loss of One Hand and Sight of One eye
100% of the Contract Price
Loss of One Foot and Sight of one eye
100% of the Contract Price
Loss of one hand or one foot
50% of the Contract Price
Loss or Sight of one eye
50% of the Contract Price
Group Yearly Renewable Term Insurance (GYRT) or Pre-Availment Benefit. If the planholder dies after the contestability period of one year from the date of purchase of the plan, before the maturity date and before age 75, the beneficiary/scholar is entitled to receive a yearly cash benefit equal to 100% of the contract price, to be divided by the remaining years before the maturity of the plan for a maximum of 10 years, provided that, at least 40% of the contract price has already been paid by the planholder.
OTHER FEATURES OF THE PLAN:
TRANSFERABILITY - The Planholder may sell, transfer or convey his rights, interest and benefit to another person called the transferee subject to the conditions stipulated in the contract. GRACE PERIOD - Failure or inability of the Planholder to remit any contribution when due renders the Pension Plan in a state of default. However, the Planholder is given a Grace Period of sixty (60) days from due date within which to settle the unremitted contributions after the grace period, the plan is considered lapsed.
REINSTATEMENT - A lapsed plan can be reinstated within two years subject to the conditions stipulated in the contract.
All pre-need companies are required to contribute a certain percentage of payments received to a Trust Fund to be administered by a Trustee. Pre-need companies are required to file financial statements and audited reports with the Securities and Exchange Commission (SEC) to monitor the performance of the Trust Fund and the solvency of the company. These statements may be inspected to planholders at the Non-traditional Securities and Instrument Department of the SEC
