Hifi for Winebrenner Insurance Brokers (Final)

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    For:For:

    Winebrenner & IigoWinebrenner & Iigo

    Insurance Brokers, Inc.Insurance Brokers, Inc.

    1919 August 2009August 2009

    HOSPITAL INCOMEHOSPITAL INCOME

    FAMILY INCOME PLANFAMILY INCOME PLAN

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    MB LIFEMB LIFE

    What is Hi- Fi?

    Hi is Hospital Income and Fi is Family Income

    One year term life insurance renewable every year

    Covers the Insured of Daily Hospital Income

    if confined due to accident or illness

    MANILA BANKERS LIFEINSURANCE CORPORATION

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    MB LIFEMB LIFE

    ELIGIBILITY

    PRINCIPAL

    - Ages 18 to 64

    - All regular, probationary and contractual

    employees of the Company

    DEPENDENTS

    - Ages 1 to 64

    - Spouse, Parents, Children, Siblings

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    MB LIFEMB LIFE

    HOSPITAL INCOME FEATURES

    This replaces lost income due to confinement

    Gives additional cash benefitto cover hospitalization

    expenses during members hospitalization

    Supplements PhilHealth coverage and other current

    medical benefits

    With Cash Fund, in the event of death of the insured

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    MB LIFEMB LIFE

    COVERAGE &BENEFIT PAYOUT

    COVERAGE

    Up to 100 days cumulative throughout the

    entire policy year

    Renewable annually until age 64

    BENEFIT PAYOUT

    First (1ST) day of confinement, accident or sickness

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    MB LIFEMB LIFE

    FAMILYINCOME FEATURES

    Provides immediate cash benefits to the beneficiary

    upon death of the insured

    Continuous monthly cash benefit for as long as

    24 months

    Advance payment of the Cash Fund upon diagnosis

    of Terminal Illness, an illness where there is life

    expectancy of 12 months or less from the date of

    diagnosis

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    SCHEDULE OFBENEFITS AND PREMIUMS:

    P L A N S

    BENEFITS Hi-Fi Gold Hi-Fi Silver Hi-FiBronze Hi 2000 Hi 1000 Hi 500Daily Hospital Income per day : 2,000 1,000 500 2,000 1,000 500

    Maximum Hospital IncomeBenefit (at 100 days)

    : 200,000 100,000 50,000 200,000 100,000 50,000

    Cash

    Fund

    :

    160,000 80,000 40,000 100,000 50,000 25,000

    Monthly CashBenefit : 10,000 10,000 5,000 - - -

    No. of Months : 24 12 12 - - -

    TotalMonthly CashBenefits

    : 240,000 120,000 60,000 - - -

    Maximum Benefits : 600,000 300,000 150,000 300,000 150,000 75,000

    Annual Premium : Php 3,500.00 Php 2,000.00 Php 1,100.00 Php 2,000.00 Php 1,000.00 Php 600.00

    Monthly Premium* : 350.00 200.00 110.00 200.00 100.00 60.00

    * Monthly premium is accepted if the minimum total monthly collected premium per group is Php 10,000.

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    MB LIFEMB LIFE

    PREMIUMFINANCING SCHEME

    Assuming 300 employees would availthe Php 350/month plan, or Php3,500 annual premium/head then:

    1.) Php 3,500 - Annual Premium 4.) 1,050,000 - Gross Annual Premiumx 300 - Number of employees X 15% - Commission

    Php 1,050,000M - Gross Premium 157,500 - Brokers Commission

    + 210,000 - Saved Amount

    2.) Php 350 - Monthly Premium Php 367,500 - Broker's Income

    X 300 -- Number of employeesNumber of employees

    Php 105,000Php 105,000 -- Premium per monthPremium per month

    X 12X 12 monthsmonths -- One YearOne Year

    Php 1,260,000MPhp 1,260,000M -- Gross PremiumGross Premium

    3.) Php 1,260,0003.) Php 1,260,000 -- Gross Premium Derived from Monthly PaymentGross Premium Derived from Monthly Payment

    -- Php 1,050,000Php 1,050,000 -- Gross Premium Derived from Annual PaymentGross Premium Derived from Annual Payment

    Php 210,000Php 210,000 --Amountto be saved if the premium isin ANNUAL MODE OFAmountto be saved if the premium isin ANNUAL MODE OFPAYMENTPAYMENT

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    HOSPITAL INCOME: PAYMENT OFCLAIMS

    Upon discharge from the hospital, submit the followingdocuments for filing of reimbursement: (Original or Certifiedtrue copy)

    - Manila Bankers Life Claim Form

    - Hospital Statement of Account

    PROCESSING:

    10 Working Days Release of Claim Check if

    complete documents are submitted

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    CASH FUND: PAYMENT OFCLAIMS

    Requirements: (ORIGINAL OR SCANNED COPY)

    - Employers Notice of Claim

    - Immediate Fund AvailmentForm

    Note: 1). Decision within 48 hours upon submission ofcomplete requirements, with release of checks forapproved claims.

    2). For Terminal Illness, a Certification from attendingPhysician is required.

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    MONTHLYCASH BENEFIT: PAYMENT OF CLAIMS

    Requirements: (ORIGINAL OR SCANNED COPY)

    1. Certificate of Death2. Employers Notice of Claim

    3. Immediate Fund AvailmentForm

    Monthly benefits begin a month after date of death,

    assuming complete submission of documents. Monthly

    payout is scheduled every first day of the month.

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    MB LIFEMB LIFE

    FamilyIncome Protector(FI)

    The AvailmentForm:

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    CONTACTUSADDRESS: Manila Bankers Life Insurance Corp.

    3/F VGP Center (formerly TMBC Building)

    6772 Ayala Avenue, Makati City, Philippines

    CONTACT NOS.: 815-1004;810-10-72

    Claims Department

    Sidney De Sagun 0917-505-81-74

    Mario Abarillo 0917-505-81-67

    MarketingDepartment

    Roel Balignasay 0916-368-28-21

    Ian Pastrana 0915-717-07-75

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    MB LIFEMB LIFE

    THANKYOU!