Berkley Insurance

BERKLEY INTERNATIONAL PLANS, INC

4th floor, Equitable Bank Tower

8751 Paseo de Roxas Makati City 1227, Philippines

www.berkley.com.ph

Berkley International Life Insurance Co., Inc. and Family First, Inc.

I. FUTURE PROVIDER

Group Credit life Insurance. Benefit equivalent to the outstanding balance of the Gross Contract Price is payable to the Policy Holder in case of death of the insured and will make the Gross Contract Price fully paid.

Waiver of Installment. Installment amounts falling due during the continuance of total and permanent disability shall be waived.

Accidental Death and Dismemberment Benefit. Benefit equivalent to the Gross Contract Price is payable to the beneficiary upon the death of the insured due to accidental means, as defined in the Group Contract.

II. PLAN DETAILS

PLAN NAME: Future Plan Provider

NO. OF UNITS: 7

PAYMENT TERM MODE: Monthly PAYMENT TERMS: 7 years (s)

GROSS CONTRACT PRICE: 143,185.00

DEPOSIT AMOUNT/INITIAL INSTALLMENT AMOUNT: 6,650.00

INSTALLMENT AMOUNT/ NO. OF REMAINING INSTALLMENT: 83@ 1,645.00

AMOUNT REMAINING: 136,535.00

MATURITY AMOUNT: 175,000.00 MATURITY YEARS: 15 Years

III. THE IMPORTANCE

Insurance eliminates dependency

at the death of the husband or father, the destruction of family needs no elaboration. Similarly, at destruction of property and goods, the family would suffer a lot. It brings reduced standards of living and the suffering may go to any extent of begging from the relatives, neighbors or friends. The economic independence of the family is reduced or, sometimes, lost totally. What can be more pitiable condition than this that the wife and children are looking others more benevolent than the husband and father, in absence of protection against such dependency? The insurance is here to assist them and provides adequate amount at the time of sufferings.

Life insurance...