20/10/2024
New Product Alert
AIA Ascend
Participating Endownment Program that pay 5% of your face amount every year up to the age of 65 (Starts on either on the 5th of 6th year of the policy period. )
Life Insurance Coverage = 200% of the face amount
Since this is participating plan - unguaranteed dividends
Sample Computation for a 13 year old Boy insured for a face amount of Php 500,000.00
Life Insurnace Coverage: Php. 1,000,000.00
Guaranteed Cash Payout: Php. 25,000.00 per year (5% of the face amount)
Premium at Php. 148,715 per year (10 pay)
Projected Accumulated Cash Payout at 65YO: P 1,225,000.00
Guaranteed Maturity at 65 YO: P 1,000,000 + accumulated Dividends
Projected Living Benefits at age 65 at 3.9% DivRate: 2,797,455