NOVA 20 is a twenty (20) years to mature savings plan payable in one or five years that provides you guaranteed Yearly Cash Benefits of five percent (5%) net of the Contract Price every year for 13 years starting on the 7th until the 19th year plan anniversary and return of payment equivalent to one hundred percent (100%) of the Contract Price upon Full Availment Date. Aside from high returns, you are protected with Credit Life, Total and Permanent Disability, Accidental Death and Dismemberment, and Term Life Insurance.
Preparing for your future is never too early. If you desire to spend a more enjoyable and worry-free life in the future, this savings tool and capital-guaranteed pension plan best teaches you how. Nova 20 definitely gives you value for money and aligns your financial priorities, affording you a brilliant start for the future.
Use your money when you need it
No need to wait until Full Availment Date to use the fruits of your hard-earned money. Enjoy your guaranteed Yearly Cash Benefits as early as your 7th year plan anniversary for a total of 13 years before Full Availment Date. These funds are available for your use anytime.
Protection for your family from the unexpected
Wealth of Savings - NOVA 20 provides comprehensive protection for you and your family when the unexpected happens.
1. Credit Life and Disability Benefits- Waiver of installments due to death or total and permanent disability during the paying period or before the age of 70, whichever comes first.
2. Term Life - The beneficiaries will get Term Life Insurance coverage equal to one hundred percent (100%) of the Contract Price in the event of death of planholder due to natural causes during the paying or waiting period or before the age of 70, whichever comes first.
3. Accidental Death and Dismemberment – In case of death of planholder during the paying period, the beneficiaries will get triple the coverage with one hundred percent (100%) of the Term Life Insurance coverage and two hundred percent (200%) of Accidental Death and Dismemberment coverage, plus the guaranteed Yearly Cash Benefits and return of payment/maturity benefit equivalent to one hundred sixty five percent (165%) of the Contract Price on the 20th year plan anniversary.
Protect your money with Quick Paid-Up Benefit
Wealth of Savings – NOVA 20 is protects your money by providing a Quick Paid-Up Benefit if plan payments have not been completed. Quick Paid-Up Benefit will protect your savings if financial difficulties beyond your control happen.