PRE-LifEnd

Zone 3-A Village, Brgy. Caranan,

Pasacao, Camarines Sur
09301079717
  IT’S
ET T E
B E
O B
R T Y!
R E A D
 How this Pre-need Funeral Insurance Works
Burial insurance, also known as funeral insurance or final
expense insurance, is a type of life insurance coverage that pays
the costs that are associated with one’s funeral.

This can include:

• memorial service
• flowers
• transportation
• Other related items such as a casket, a headstone, and burial
plot.
• Technically, there is no such thing as funeral insurance
or burial insurance. There is no policy that will cover
every aspect of a funeral, including the cemetery plot,
headstone, or flowers.

• Generally when someone says they have purchased

funeral insurance, it means that they bought a small life
insurance policy. This is designed to leave money for
your family which covers those expenses after you are
gone.
 COVERAGE AND BENEFITS
• Life Insurance ----- Ᵽ10,000.00
• Burial Cash Assistance ----- Ᵽ 15,000.00
• Monthly Premium ----- Ᵽ 250.00 for 5years
• Double amount rule of the minimum
• No age basis
• If arrangements are not in place for paying off obligations, the
loved ones of an individual may end up being responsible for
the payment of remaining debts.
• Lower Cost Funeral, Easy to Qualify, Comfort
 PROVISIONS and INFORMATION
• 30-days grace period from due date.
• Period of processing of claim - one (1) to three (3) months
upon submission of complete claims requirements.
• In case coverage lapses, contestability period starts anew.
• Reinstatable only for 2 times due to failure of policyholder to
pay premium.
• Misdeclaration or falsification of information on birthdate,
address, health condition and other data will be ground for
denial of claim.
• Like other whole-life policies, the full cash value isn’t
acquired until you have reached two years. However,
if you pay the entire premium in a single lump sum,
then the benefits will start right away.
• Prior to purchasing, verify all licenses for the
insurance company or funeral home, double check the
price guarantee and policy cancellation rules.
• This is a whole-life insurance. You will purchase it
from the funeral home and not an insurance agent.
• You can select the services you would like for your funeral
and then the policy will cover these expenses.
• When you die, the beneficiary is either the funeral home
itself or a family member, depending upon your state’s
requirements.
• The value of the policy will determine your monthly
premium payments which has the whole minimum of
25,000 less the benefit of 10,000 and will pay under 5
years.
 POLICY
• Traditional: This policy provides 100% of the benefits when the policy
is issued. So, if a parent would pass away the day after the policy has
been granted, the full benefits will be covered. Of course, if there is
health issues involved, then a traditional policy may not be issued by
the company.
• The Graded Benefit Policy: In this case the benefits that are provided
come in steps if there are health concerns. A typical graded benefit
policy may have payouts like the following;
First Year: 25%
Second Year: 50%
Third Year: 75%
Fourth Year & Beyond: 100%
 REMINDERS:
• Pay premium only to Pre-LifEnd authorized collector who will
issue official receipt.
• Report to our chapter office if collector fails to visit and collect
your premium.
• For inquiries and other concerns, please call us at 09301079717 or
see our nearest chapter or any of our field representatives.

NOTE: In case of lapsation, reinstatement is allowed for two (2)

times only. On third lapsation, coverage expires.
INSURANCE BROKERERS:
Ericka Bendong
Giselle Regaspi
Wendelyn Rampas
Laiza Cedan
Genelyn Mamansag
John Carlo Rosana
John Rey Bobis
TH AN
KY O U
!