Getting St Peter Life Plans is one of the best investment that you can get while you are alive.Below is a list of 10 product highlights that will make you consider getting one today.
- Very Low installment plans
There are a lot of installment options that you can to choose from. You can pay installments monthly, quarterly, semi-annually and of course annually. Lowest payment happens if you pay in full because there is an additional 10% discount for spot payments. Discount though may change in the future, so it is highly recommended to pay in full if you have the resources.
- Plans are transferable
All St Peter Life Plans are transferable. You can always transfer your plan to a living family member or friend.
- Plans are assignable
This is one of the best benefit in getting a St Peter Life Plan. If you have a St Peter Life Plan and someone you know (a family or friend) passes away, you can assign the plan to the deceased. A St Peter Life Plan is not tied to the plan holder, it can be assigned (or transferred) to another. (Benefit subject to additional conditions, please contact a representative for more information)
- Return of payment for unused service
Your beneficiary may receive cash value according to a schedule followed by St Peter Plan if the memorial service is not performed.
- Viewing period of four (4) days
A plan holder is entitled to 4 days of viewing in a St Peter Plan’s accredited mortuary chapels or in your home.
St Peter Plans contain insurance which provides additional benefits which maybe subject to approval of the insurance claim.
- Cash benefit
Your beneficiaries shall receive 100% of the contract price if the plan holder* at the time of purchase of the plan dies during the paying period or within 5 years after the full payment of the plan, provided that he/she has not reached the age of 65 upon death.
- Unpaid balance deemed waived
The unpaid balance is considered paid, if the plan holder* at the time of purchase of the plan, passes away anytime within the paying period. The plan holder should not have reached the age of 65 upon death.
- Waiver of installment
The plan holder* is exempted from paying the installment balance in the event of an uninterrupted disability of at least 6 months during the paying period. The plan holder should not has reached the age of 60 upon disability.
- Accidental death and dismemberment
The plan holder’s** beneficiary shall receive a cash benefit equivalent to the contract price for accidental loss of life, loss of limbs, sight and/or combination thereof. This benefit is only applicable during the paying period and that the plan holder has not reached 60 years old upon death.
The best benefit of getting a St Peter Plan in my view is peace of mind. The idea that loved ones can concentrate in their loss and not in pending payments make a st Peter Life Plan priceless.
You can also download the brochures of the products for additional reference
*Plan holder must be within 18 to 60 years old
**Plan holder must be within 18 to 55 years old
Disclaimer: All St Peter Life Plan benefits above are overviews. Reader is advised to contact a st Peter Life Plan agent for more information about the products.