Multiple Option Super Term 18 is a term life insurance with PDF (Premium Deposit Fund). It allows maximum coverage at a minimal cost. For exactly the same amount of protection, MOST 18 requires you to pay a very low premium cost compared to other life insurance products which will require you to pay higher amount of premium.
For a 30-year old, the annual premium would only be P5,710 for a P1 million coverage.
Yes, that's right. You only have to pay P5,710 per year (not per month, not per quarter) and you’re already insured for P1 million.
What makes MBLife MOST 18 unique is that you can choose to pay more than your annual premium. And the excess cash that you pay will be invested to the PDF or Premium Deposit Fund to fund any of your financial goals (College Education, Retirement, Travel, etc.).
PDF is like a Mutual Fund. It can earn more than a savings account, and it is very liquid. You can put more money there anytime you want. And you can also withdraw your money from it any time you need it....with ZERO CHARGES!
For example, if you paid P8,710 instead of P5,710 for a particular year, then the excess P3,000 will be invested to your PDF.
The following year, because you have P3,000 in your PDF, you can choose to just pay P2,710 to pay for the annual premium of your life insurance.
But let’s say that the market was good during the year, and the P3,000 in your PDF earned and became P3,710 in value. Then you’ll only need to pay P2,000 for next year’s annual premium.
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For complete applications, expect approval within 24 business hours (except Sundays and Holidays)
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Email instructions will be sent immediately upon approval
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