PITAKA is a ten (10) years to mature plan that provides you a guaranteed return of fifteen per cent (15%) in ten (10) years or payment equivalent to one hundred fifteen per cent (115%) net of the Contract Price upon Maturity Date. Aside from the high returns, you are protected with Credit Life, Total and Permanent Disability, Accidental Death and Disability, and Term Life Insurance.
Protection for your family from the unexpected
Wealth of Savings – Pitaka 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 -Aside from the Maturity Benefit which is equal to one hundred fifteen per cent (115%) of the Contract Price given on the 10th plan anniversary, the beneficiaries will also get Term Life Insurance coverage equal to one hundred per cent (100%) of the Contract Price in the event of death of planholder due to natural causes during the paying or the waiting period or before the age of 70, whichever comes first.
3. Accidental Death and Disability – In case of death of planholder during the paying period, the beneficiaries will get triple coverage with one hundred per cent (100%) of the Term Life Insurance coverage and two hundred per cent (200%) of Accidental Death and Disability Coverage, plus the Maturity Benefit equivalent to one hundred fifteen per cent (115%) of the Contract Price on the 10th year plan anniversary.
Protect your money with Quick Paid-Up Benefit
Wealth of Savings – Pitaka 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.
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