PNB Insurance Product Manual

INSURANCE PRODUCT MANUAL

FOR THOSE WHO DARE
TO SERVE

Insurance Product Manual 1

TABLE OF CONTENTS PNB GEN NON-LIFE INSURANCE PRODUCTS

House Protector Plan..........................................4
Auto Protector Plan............................................5
6-in-1 Family Accident Protector Plan................6
Home Insure Plus................................................8
Travel Ease..........................................................9
Condo Maximizer...............................................11
IPROTECT Personal Accident Insurance Card...12

ALLIANZ-PNB INSURANCE PRODUCTS

Savings and Investment
Allianz IndexLink.................................................14
AZpire Growth Prime.........................................16
Maximal Power...................................................17
Optimum Gold...................................................19
Optimum Green.................................................22
Optimal Power....................................................24
Bida....................................................................26
Peso Intensify.....................................................27

Protection
Diversify.............................................................29
Critical Illness 100..............................................31

Health
Allianz Well!.......................................................33
Allianz Compass................................................34
Health Dynamics...................................................35
Milestone Protect 360............................................36

Education
Achievers.............................................................38
Stars....................................................................40

Estate Planning
Premier Life..........................................................42

2 Insurance Product Manual

PNB Gen
Non-Life

Insurance
Products

Insurance Product Manual 3

HOUSE

1IPROTECTOR PLAN
Provides complete protection to one’s residential house and/or its contents
against fire and lightning including earthquake, typhoon and extended cover
(explosion, smoke vehicle impact and falling aircraft).
COVERAGE

Fire and Lighting Flood
Earthquake
Extended Cover (explosion, smoke. Vehicle impact
and falling aircraft)

Typhoon Riot, Strike and Malicious Damage

4 Insurance Product Manual

PARUOTOTECTOR PLANSecures the vehicle from any accidental damage and other day-to-day

risks. The plan covers both (a) Private Cards which are used exclusively
for social, domestic and pleasure purposes or profession of the insured
and (b) Commercial Vehicles which are used for the insured’s business
especially for carrying goods, except for carrying fare paying

2passengers or vehicles for hire.
COVERAGE
COMPULSORY THIRD PARTY LIABILITY (CPTL) THIRD PARTY PROPERTY DAMAGE (TP-PD)
This is mandated by law wherein the insurer pays all Similar to ETP-BI, it affords protection to the insured
sums, within the limits set forth in the schedule of against liability to a third party for property damage.
indemnities, to discharge liability of the insured for Auto Personal Accident for Passengers (AUTO-PA) - It
bodily injury and/or death to a third party caused by an gives protection to the passengers of the insured car/
accident arising out of the use of the insured car/vehicle. vehicle for bodily injury or death resulting
from an accident.
OWN DAMAGE AND THEFT (OD/T)
It covers partial or total loss of the car/vehicle caused by What are not covered under the plan?
accidental collision or overturning, fire, external
explosion, self ignition or lightning or burglary, PRIVATE CARDS
housebreaking or theft, malicious act, or whilst in transit • The insurer will not pay for consequential loss,
incidental to such transit by road, rain, inland,
waterway, lift or elevator. depreciation, wear and tear, mechanical or electri-
cal breakdowns failure breakages, damage to tires
ACTS OF NATURE (AON) unless the car/vehicle is damaged at the same time,
It covers partial or total loss of the car/vehicle caused by malicious damage caused by the insured, members
any natural disasters that we cannot foresee or prevent of his family or employees of the insured.
including typhoons and flooding, earthquakes, • Cars over 12 years old.
tornadoes, volcanic eruptions, and any other
naturally occurring catastrophe. COMMERCIAL VEHICLE
• In addition to the exclusions cited under Private
EXCESS THIRD PARTY BODILY INJURY (ETP-BI)
In excess of the limit cited under the Compulsory Third Car above, the insurer will not likewise settle any
Party Liability, the insurer pays all sums, within the limits damage caused by overloading or strain, explosion
set forth in the schedule of indemnities, to discharge the of any boiler, or damage to any bridge, weighbridge
liability of the insured to a third party for bodily injury. or viaduct or to any road and death, bodily injury or
damage caused or arising beyond the limits of any
carriageway.
• Vehicles over 12 years old.

Insurance Product Manual 5

P6R-INO-T1EFCATMORILYPLAACNCIDENTProvides insured with substantial and immediate cash to sustain family

from financial difficulties if ever any family member meet probable

3accidental death, loss of income or permanent disability.
BENEFITS
ACCIDENTAL DEATH/LOSS OF LIFE DAILY HOSPITAL CONFINEMENT OR DAILY
The plan shall pay 100% of the Principal Sum in the HOSPITAL INCOME
event of an injury resulting to death within twelve (12) Pays the actual amount selected for each day, up to
months from the date of accident. thirty (30) days, whilst the Insured Person is confined in a
hospital as a result of accidental bodily injury.
ACCIDENTAL PERMANENT DISABLEMENT
The plan shall pay up to 100% of the Capital Sum in the ACCIDENTAL BURIAL EXPENSE
event of an injury resulting to total permanent disabil- In addition to all other benefits, the plan shall pay for
ity or total loss of use of any part(s) of the body within burial expenses in the event of death/loss of life of the
twelve (12) months, as stated in the schedule of benefits insured person, as a result of an accidental bodily
under the policy. injuries, up to the chosen Plan limit.

UNPROVOKED MURDER AND ASSAULT MAIN EXCLUSIONS: War risk, sabotage and
The plan extends to cover death or disablement caused terrorism, intentional self-injury or suicide, civil
by Murder or Assault or any attempt threat provided commotion, any pre-existing physical defect or infirmity,
such murder or assault shall not have been provoked by full time military, naval, air force or other armed forces
the Insured Person. services, engaging in extreme sports such as but not
limited to racing, scuba diving, mountaineering, etc.
MEDICAL REIMBURSEMENT
The plan shall reimburse all the expenses incurred within
one (1) year from the date of accident, up to the maxi-
mum amount selected per accident.

6 Insurance Product Manual

GENERAL INFORMATION

AGE LIMIT

Principal Insured/Applicant 18-60 years old, renewable up to 65 years old

Spouse or Parents (if single) 18-60 years old

Unmarried Children or Brothers and Sisters (if 1-22 years old (must be full time student)
single)

Class 1 OCCUPATIONAL CLASS
Class 2
Class 3 Non-hazardous office and executive personnel whose duties are mainly office work
such as office executives and clerical staff, lawyers, accountants, etc.
Occupations involving limited manual labor such as engineers,
architects, foremen, doctors, dentists, etc.
Skilled or semi-skilled persons usually involved in heavy manual work such as
factory workers delivery helpers, janitors, messengers, etc.

Insurance Product Manual 7

4 HOME INSURE PLUSA complete coverage and benefits for family and home at
an affordable cost.
COVERAGE
FIRE & LIGHTNING Family Personal Accident
EARTHQUAKE
TYPHOON Personal Accident Insurance for Domestic Employees
FLOOD Broad Water Damage/BOWTAP (Bursting or Overflowing

EXTENDED COVERAGE of Water Tanks, Apparatus or Pipes)

RIOT, STRIKES & MALICIOUS Debris Removal
DAMAGE Accidental Breakage Fixed Glass Panels

LOSS OF RENT/RENTAL Capital Additions Clause
SUBSIDY 24/7 Emergency Home Assist Program

COMPREHENSIVE PERSONAL
LIABILITY

8 Insurance Product Manual

5 TRAVEL EASEA broad personal accident accident that will serve as the insured’s
most valuable travel companion, a travel plan that practically
goes way beyond the basics of personal accident coverage.

MEDICAL COVERAGE
Transport or Repatriation Follow Up Care
in Case of Illness or Accident Staff/Employee Replacement
Repatriation of Mortal Remains

Medical Expenses & Hospitalization Abroad Travel of Immediate Family Member

Emergency Dental Care Child Guard

ACCIDENTS + PERSONAL LIABILITY

Personal Accident Personal Liability

Insurance Product Manual 9

TRAVEL INCONVENIENCE

Journey/Travel Termination Loss of Travel Documents
Travel Delay (min. Of 12 hours delay)
Emergency Return Following Death of a
Close Family Member Baggage Delay (min. Of 12 hours delay)

Loss or Damage of Personal
Baggage /Property

Loss of Personal Money

24-HOUR EMERGENCY ASSISTANCE

Ibero Asistencia Advance of Funds

Relay of Urgent Messages Advance Bail Bond

Delivery of Medicines Pre Trip Information

10 Insurance Product Manual

MCOANXDIMOIZERA life and asset protector all-in-one, a built-in defense against

unpredictable hazards that could easily ruin the value of the in-

6 sured’s hard earned investment.
COVERAGE
Fire and Allied Perils Rental Income
Loss or Damage Caused by Sprinkler
Personal Accident for the Assured,
or Water Tanks Spouse and up to three (3) children
Damage to Fixed Glasses
Fire Fighting & Mitigation Expenses Legal Liabilities to Third Parties
Burglary & Robbery
Removal of Debris
Rental Expenses Damage to Assured’s Car
in the Condo Parking

Insurance Product Manual 11

IPIPNERSROUSRTOEANCNATCLEACCACRIDDENTiProtect Personal Accident Insurance is a creative tool to market

personal accident insurance using plastic cards. It promotes insurance cover
that can easily be purchased and carries anywhere in the world. The primary

7cover of iProtect is Accidental Death and Disablement only.
Other PNBGen Insurance Solutions
ENGINEERING We offer different types of Casualty Insurance such as:
PNBGen offers adequate protection for construction • Comprehensive General Liability
activities. Our Engineering products cover damages to • Comprehensive Personal Liability
properties and materials used in the project as well as • Money, Securities, and Payroll Robbery Insurance
liabilities for property damage and bodily injury • Fidelity Guarantee Insurance
including death to third parties. The company offers • Property Floater Insurance
different types of Engineering Insurance such as:
We likewise cover 3rd party liabilities for the personal
• Contractors’ All Risk needs of individuals under our Comprehensive Personal
• Erection All Risks Liabilities.
• Electronic Equipment Insurance
• Machinery Breakdown SURETY
• Boiler and Pressure Vessel Insurance In any contractual undertaking, one may be at risk of
facing default by the other party. An engaged contractor
MARINE may abandon a project at any time. A trusted employee
From the moment one’s cargo leaves the warehouse, may embezzle funds. In these, or any similar situation
the owners would want to have peace of mind that it is where one’s financial position is imperiled…a PNBGen
adequately protected. At PNBGen, the security of every Bond is the answer!
cargo is our primary concern.
We offer the following:
• We offer different types of Marine Insurance such as: Contractor’s Bonds
• Marine Cargo Sea Freight • Bid Bond
• Marine Cargo Air Freight • Performance Bond
• Inland Marine • Surety Downpayment Bond
• Casualty • Warranty Bond
Fidelity Bond
All businesses should have adequate protection against Reconstituted Title Bond
3rd party liability claims, loss of money and employee Surety Indemnity Bond
dishonesty. Slip and fall accidents, robbery within and
outside the premises and fraudulent acts of employees
are incidents that can cost organizations dearly.

12 Insurance Product Manual

ALLIANZ-PNB
Life Insurance
Products

Insurance Product Manual 13

Savings and Investment

1. Allianz IndexLink

LEARN THE BASICS: Product Specifications

a. Allianz IndexLink is a fixed index unit linked plan. Insured’s Age 0 to 60
b. A unit-linked plan means that the value of the policy Owner’s Age Atleast 18
is dependent on the value of the units.
c. A fixed index unit-linked plan’s investment. Minimum Single Premium Php 200,000
Component is an index-linked investments. Maximum Single Premium* If under GAE, subject
d. Alianz IndexLink is first to market, leveraging on
global expertise. to existing limits

Allianz Indexlink is the innovative unit-linked Policy Term 5, 7, or 10 years*
insurance plan that grows your investment while
safeguarding it during market downfalls, so you can win Premium Term Single Pay
at every turn. Get ready to win in life for a minimum
one-time payment of PhP 200,000. 3c’s of Allianz IndexLink

Allianz IndexLink enables you with winning strategy CUSTOMER
to protect you from loss and help you achieve greater
wins. With Allianz IndexLink, you get to hit your goals of Principal Guarantee at Maturity*
saving up for the future, building a legacy for your loved Higher Potential Returns Foreign Equity
ones, and fulfill your dreams. Exposure without the High Risk

Get in the game and begin the journey to a lifetime of CHANNEL
wins with Allianz IndexLink.
Unique Value Proposition
TARGET MARKET: The Single Established Millennial First to Market
AGE RANGE: 23 to 35 years old. Competitive Compensation
MONTHLY INCOME RANGE: Php 50,000
to Php200,000 COMPANY
RISK APPETITE: Conservative to Moderate
GOALS: Rise to the top career, build wealth, and secure Allianz #1 Globally Leverage global
one’s financial future. expertise Smart hedgeable
PRIORITIES: Typically are expected to financially support guarantee High Management Levers
elderly parents and/or siblings, does not have
their own family yet.

14 Insurance Product Manual

A first in the Philippines insurance solution that lets you have full principal protection at maturity. This innovative prod-
uct also lets you earn bonuses linked to the
performance of an external market index. Offered in tranches available in 5,7 or 10 year terms.

FAMILIARIZED ITS FIRST IN CLASS BENEFITS

INDEX-LINKED BONUS BENEFIT
The Index-Linked Bonus Benefit, paid at the end of each policy year is used to buy additional Units into the Fund.
This bonus depends on the performance of the Linked index and the participation rate.

MATURITY BENEFIT
The minimum Maturity Benefit for FIUL is (a) 100% of the Single Premium, for 5-year and 7-year term plans and
(b)110% of the Single Premium, for 10-year term plan.

LIFE INSURANCE BENEFIT
The death benefit is equal to the Total Sum Assured (125% of the Single Premium paid) or the Total Fund Value,
whichever is higher.

FEATURE ADVANTAGE BENEFIT

Principal Protection Provides you a maturity benefit equal to the Be confident and feel secured to
and Maturity higher of the total fund value or 100% of the plan ahead knowing that funds
Single premium for the 5-year & 7-year term plans await you when you need it most.

or 110% of the Single premium for
the 10-year term plan.

Guaranteed life Provides your beneficiaries a death benefit Live a worry-free life knowing that
insurance coverage equal to the higher of the Total Fund Value you have protection needed as you work

Index-Linked or 125% of the Single Premium on your aspirations
Bonus Benefit Participates in the upward trend of the Sit back, relax and let your
Annual reset chosen index during times of growth
Captures upside growth potential while money work for you.
feature Rise to the top among others
keeping the value of your policy
during market downturns with a plan that never lets
you go down.

Insurance Product Manual 15

2. AZpire Growth Prime

AZpire Growth Prime fuels your aspirations on top ABILITY TO LEVEL-UP AS YOU LIKE
of matching your financial requirements. It puts more of Whether you like to top up your investments regularly
your money on well-managed investment funds to make or as you find you’ve got more cash available than you
it grow faster so that you can use them sooner to need, AZpire Growth Prime allows you to level your
jumpstart the realization of your dreams, fulfill investments up. Boost this plan so you don’t have to
your family’s needs, and even take on that take out new policies or investment instruments.
well-deserved adventure.
FUNDS YOU CAN INFLUENCE
YOUR CHOICE OF CURRENCY You have the freedom to switch your plan’s investment.
Elect to pay premiums in Philippine currency or go Up to four (4) switches a year are free of charge.
with a US Dollar denominated plan.
ACCOUNT YOU CAN ACCESS AS NEEDED
Minimum Premiums for Ages 0 to 60 You can withdraw from your investment anytime. But if
you defer this until after the 4th policy anniversary, you
can start to withdraw twice a year without charges.

Philippine Peso (PHP) 30,000 A PREMIUM FOR PERSISTENCE
Give your funds a boost with 5% of your 10-year average
US Dollars (US$) 600 monthly balance credited to your account on the 10th
and 20th years. Get an additional 2% on your regular
PROTECTION FOR LIFE AT THE HIGHEST LEVELS premium on years 6 through 20, provided all premiums
Enjoy the protection you need until age 100 at 5x or have been paid and no withdrawals have been made for
500% of your annual premium. the same period. The premium bonuses are available
for withdrawal after 15 years from issue, or at maturity,
POCKET-FRIENDLY PAYMENT TERMS THAT YOU whichever comes first.
CONTROL
You can choose to pay annually, semi-annually or RIDERS TO REV UP YOUR PLAN
quarterly. In fact, if your fund values are more than Don’t stop with coverage that’s at 500% of your annual
enough to cover monthly charges after the 5th year, premiums. Power up your plan some more with Critical
you can elect not to pay premiums anymore. Illness 100, Total and Permanent Disability, and
Accidental Death and Dismemberment Riders.

16 Insurance Product Manual

3. Maximal Power

DARE TO MAXIMIZE
YOUR INVESTMENT.

Maximal Power is a single pay, unit-linked life insurance product offered by Allianz PNB Life that maximizes your
investments by putting it into expertly managed funds while providing superior lifetime insurance protection of at
least 130% of the Single Premium you paid. This plan is available in Peso or US Dollar denomination.
This plan lets you win and get the best out of your investment since there is no premium charge deducted and
only a fixed charge is imposed. The plan is available in Peso or US Dollar denomination.

AGE Minimum Single Premium DOLLAR

0 to 70 PESO 10,000

500,000

Insurance Product Manual 17

CHOOSE YOUR LEVEL OF PROTECTION • Switch And Reshape Your Portfolio
Maximal Power is an insurance plan that allows you to Manage your portfolio by reallocating your funds to
select the level of protection that you need from the another type depending on your new investment goals.
following options: Exercise control over your funds by switching them, sub-
ject to minimal charges
• Level Death Benefit
The amount of insurance coverage is equal • Have The Power To Decide When
to your Total Sum Assured or your Total Fund Value, To Cash In
whichever is higher. Your desired level of protection is
achieved while enjoying a higher potential for accumula- Take charge and withdraw from your policy anytime if
tion of funds. you need cash for a more important purpose, subject to
applicable charges
• Increasing Death Benefit
The insurance protection is equal to the combined • Go For A Loyalty Bonus
amount of your Total Sum Assured and your Fund Value. Receive a loyalty bonus every 5 years as long as your
Under this option, you enjoy a higher level of protection policy remains inforce.
over time because as your fund value increases, your
level of protection also increases. VALUATIONS
Fund valuation will be daily. You can monitor the
DECIDE HOW YOUR MONEY GROWS performance of your chosen funds on how the Net Asset
The Total Fund Value is based on the premium you pay Value per Unit (NAVPU) moves in the Allianz PNB Life
plus earnings of the chosen fund, less charges and your website and is published weekly in a major newspaper.
fund withdrawals.
EXITING AND RISKS INVOLVED
Choose from a wide range of funds managed by If you are not completely satisfied with the policy that
world-class investment managers which best suits your you purchased, you may return it within fifteen (15) days
needs, objectives and risk appetite. The performance of of receipt of Policy together with a signed written notice
your chosen funds may vary and may present a certain requesting cancellation. You will be refunded an amount
level of risk for you. equal to the Total Fund Value plus all charges paid from
the Policy Date. After the 15-day period, you may still
ENHANCE YOUR PROTECTION surrender this Policy and receive the Total Fund
Add an Accidental Death and Dismemberment rider to Value less applicable charges.
enhance your protection level. This provides an
additional level of coverage in case of death or You may also withdraw a portion of your Fund or switch
disability caused by an accident. from one Fund to another, subject to applicable charges.

ENJOY THESE FEATURES AND BENEFITS:

• Maximize Your Investments
This plan has no premium charge so you get the most
out of your investments while enjoying one
of the highest insurance protection available
in the market.

18 Insurance Product Manual

4. Optimum Gold

DARE TO
PROSPER.

Allianz PNB Life’s Optimum Gold is a peso-denominated, single-pay, whole life plan with a value that is directly
linked to the performance of the underlying fund.

It brings together the opportunities of investing in expertly managed funds with its guaranteed insurance protection
of at least 125% of your premium while providing you a hassle-free process since no medical exams will be required.

Minimum Premium Choose a Minimum Investment:

AGES 0 - 70 AGES 0 - 40 PHP 75,000

AGES ABOVE PHP 90,000
41 - 65
PHP 250,000

AGES ABOVE PHP 120,000
66 - 70

Insurance Product Manual 19

Pick your choice of investment:

The funds available cater to your different investment objectives. Combinations are allowed. Each
allocation should be at least 10% of your premium. The type of fund or combination of funds you
choose will have a direct effect on your investment’s performance.

Peso Optimized Dividend Peso Fixed Income Fund
Equity Fund
The Fund aims to achieve preservation of capital and
A peso-denominated equity fund that seeks dividend income growth over a period of time by investing in a
income and capital appreciation by investing in a diversified portfolio of the philippine peso-denominated
customized basket of no more than 20 companies listed fixed income instruments.
in the Philippine Stock Exchange. Companies have a
history of regular declaration of dividends; provides the
highest dividend yield; and considered very liquid
and actively traded.

Peso Multi-Sector Equity Fund Peso Balanced Fund

A peso-denominated equity fund that seeks long-term This Fund aims to achieve long-term capital growth, by
capital appreciation by investing in a diversified basket investing in both Philippine peso-denominated fixed
of stocks listed in the Philippine Stock Exchange that income securities and a concentrated portfolio of stocks
are highly liquid, actively traded, and belonging to top listed in the Philippine Stock Exchange.
companies in each of the six sector indices.

Peso Equity Fund Peso Money Market Fund

The Fund aims long-term capital growth, investing in a This Fund is designed to ensure capital preservation and
concentrated portfolio of stocks listed in the liquidity while still earning yields on short-term
Philippine Stock Exchange. placements. It will only invest only in cash and near
cash investments with an investment
horizon of up to one year.

20 Insurance Product Manual

Features And Benefits:

Make those Add-ons Have the power to decide
when to cash in
Add investments anytime to your Optimum Gold Policy
while it is in force through a Top-up Premium. Withdraw any amount from your fund anytime. You have
4 free withdrawals per policy year.

Switch and reshape your portfolio Go for a loyalty bonus

Reallocate your funds to another type or combination Receive a loyalty bonus amounting to 0.5% of the
up to 2 free switches within a policy year. average of your monthly balances after 5 years. Such is
recal- culated and added to your fund every 5 years.

Guaranteed Acceptance
Endorsement

Enjoy a hassle-free application since no medical
exams will be required

Insurance Product Manual 21

5. Optimum Green

Allianz PNB Life’s Optimum Green is a US-Dollar denominated, single-pay, whole life plan with a
value that is directly linked to the performance of the underlying fund.

It brings together the opportunities of investing in expertly managed funds with its guaranteed
insurance protection of at least 125% of your investment while having optimum flexibility
in determining its features.

Minimum Premium Choose how much to invest in
a Singple Premium:

AGES 0 - 70 AGES 0 - 40 USD 2,500
USD 5,000 USD 4,000
AGES ABOVE
40

Pick your choice of investment:

The funds available cater to your different investment objectives. Combinations are allowed. Each allocation should
be at least 10% of your premium. The type of fund or combination of funds you choose will have a direct effect
on your investment’s performance.

Dollar Flexi Asia Bond Fund Dollar Income & Growth Fund

A dynamic asset allocation across the various fixed Capture multiple sources of income and growth
income asset classes which captures the best potential from the three distinct asset classes. It has a
opportunities. It is not constrained by benchmark disciplined, fundamental, bottom-up research process.
and offers attractive yield amid a low interest It’s a stable income potential amid
rate environment. a low yield environment.

22 Insurance Product Manual

Dollar Global Equity Fund Dollar Fixed Income

Research-driven investment process based on Your US Dollar Capital will be invested in
bottom-up, fundamental-based stock picking. Identify US dollar-denominated instruments issued by the
high return, high growth companies and Philippnie government, corporations and
reasonable valuations. financial institutions.

Features And Benefits:

Make those Add-ons Have the power to decide
when to cash in
Add investments anytime to your policy while it is in
force through a Top-Up Premium that can increase your Withdraw any amount from your fund anytime. You have
Total Sum Assured by 125% of the top-up amount! four free withdrawals per policy year.

Switch and reshape your portfolio Go for a loyalty bonus

• Reallocate your funds to another type or Receive a loyalty bonus amounting to 0.5% of the
combination average monthly balances after 5 years. Such is
recalculated and added to your fund every year.
• You are allowed 2 free switches within a policy year.

Guaranteed Acceptance
Endorsement

Enjoy a hassle-free application since no medical
exams will be required.

Insurance Product Manual 23

6. Optimal Power

DARE TO MAXIMIZE
YOUR WEALTH.

Optimal Power is a unit-linked insurance product provided by Allianz PNB Life that provides insurance protection
and investment solution as it brings together the opportunities of investing in a wide selection of expertly managed
funds while offering a guaranteed insurance coverage of at least 125% of your premium. This is paid one-time and
available in Peso and US Dollar denominations.

AGE Minimum Single Premium DOLLAR

0 to 70 PESO USD2,000

Php100,000

24 Insurance Product Manual

CHOOSE YOUR LEVEL OF PROTECTION ENJOY THESE FEATURES AND BENEFITS:
Optimal Power is an insurance plan that allows you to
select the level of protection that you need from the • Make Those Add-Ons
following options: Add investments to your Optimal Power policy anytime
and increase your insurance coverage through Top-up
• Level Death Benefit Premiums.
The amount of insurance coverage is fixed, equal to your
Total Sum Assured, until such time that your Total Fund • Switch and Reshape Your Portfolio
Value exceeds this amount. Your desired level of Manage your portfolio by reallocating your funds to
protection is achieved while enjoying a higher potential another type depending on your new investment goals.
for accumulation of funds. You have 2 free switches per year.

• Increasing Death Benefit • Have The Power To Decide When To Cash In
The insurance protection is equal to the sum of your Withdraw from your policy anytime if you need cash.
Total Sum Assured and your Total Fund Value. You get You have 4 free withdrawals per year.
to enjoy a higher level of protection over time because
your level of protection increases as your Total Fund • Go For A Loyalty Bonus
Value increase. Receive a loyalty bonus based on your monthly balance
for the past 5 years. Such is recalculated and added to
DECIDE HOW YOUR MONEY GROWS your fund every 5 years.
You decide how your money grows as Optimal Power
gives you the power to choose from a variety of fund VALUATIONS
options. These funds are managed by world-class Fund valuations are done daily and are made available
investment managers that combine their experience in our website. You can monitor the performance of
with the best investment strategies and advanced risk your chosen funds on how the Net Asset Value per Unit
management approach available. (NAVPU) moves.

Our Financial Advisors can also guide you in determining EXITING AND RISKS INVOLVED
your risk profile and recommend an optimal mix of funds If you are not completely satisfied with the policy that
that suits your goals, risk tolerance, return expectations, you purchased, you may return it within 15 days
and liquidity needs. together with a signed written notice requesting
cancellation to get the Total Fund Value plus all policy
ENHANCE YOUR PROTECTION charges. After this period, you may surrender this policy
You can further enhance your level of protection with and receive the Total Fund Value.
an Accidental Death and Dismemberment rider which
insures you in case of death or dismemberment caused
by an accident. The cost of this rider is automatically
deducted from your Optimal Power policy every month
should you decide to add this.

Insurance Product Manual 25

7. BIDA

DARE TO BE THE BEST
VERSION OF YOURSELF.

Take the lead for your family’s future! Ikaw ang BIDA sa pagtupad ng mga pangarap mo at ng pamilya mo. With an
endowment plan that covers both protection and savings needs, you have what it takes to be the captain of your
own journey and to have the confidence to pursue your life goals.

Shorter Payment Period Boost your coverage by adding any
or all of these plan riders:
Pay for ONLY three years. Choose your insurance
coverage - either 10 or 15 years. Accidental Death Benefit Rider (ADB)
Accidental Death and Dismemberment
Competitive Living Benefits
Rider (ADD)
Be assured of a GUARANTEED maturity benefit, with a Special Accident Rider (SAR)
payout equal to either 110% of the face amount on the Payor’s Benefit Rider (PBR)
10th year, or 115% of the policy amount on
the 15th year. Flexi Fund Rider (FFR)
Living Benefit Rider (LBR)
Wider Insurance Coverage

Have protection coverage equal to the Policy Amount
plus accumulated dividends. It also builds cash values.

26 Insurance Product Manual

8. Peso Intensify

PNB Life Peso Intensify! is an endowment at age 85 participating plan with
dynamic guaranteed cash payout and insurance schedules.

PNB Life Peso Intensify! brings you to a higher level of financial security with its combined protection and savings ben-
efits that provides guaranteed cash payouts and dynamic insurance protection amounts at specific periods throughout
the duration of the policy plus a lump sum maturity benefit when you reach 85 years old. PNB Life Peso Intensify! is
not your run-on-the-mill endowment plan as it offers unique features.

Dynamic Plan Offerings

PLAN TYPES MINIMUM FACE AMOUNT PLAN TYPES

4 - Pay PHP 150,000 7 DAYS OLD
6 - Pay PHP 150,000 TO AGE 54
8 - Pay PHP 200,000

10 - Pay PHP 200,000

Choose the payment scheme that is right to your budget: quarterly, semi-annual or annual.

Insurance Product Manual 27

GUARANTEED CASH PAYOUTS Starting at 100% of the face amount on the first year, the
• PNB Life Peso Intensify! makes you enjoy the death benefit increases by 30% annually for the first 5
years, up to 220%, and stays at 220% up to
benefits while you are alive with its guaranteed and the 10th year
increasing cash payouts starting at the end of the
10th year of your policy. When cash payouts start to come in, the death benefit
decreases by 10% up to the 30th year of the policy
• At the end of the 10th year, receive 10% of face leveling off at 110% until maturity date.
amount.
BUILDS GUARANTEED CASH VALUES
• Subsequent guaranteed cash payouts increase by Generates cash values throughout the life of the policy
1% of face amount every 3 years up to the end of which offers the opportunity to access cash accumu-
the 25th policy year (11% on Yr 13, 12% on Yr 16, lations within the policy either through policy loans or
13% on Yr 19, 14% on Yr 22 and 15% on Yr 25) surrender of the policy.

• Level guaranteed cash payouts of 15% of the face MORE EARNINGS THRU DIVIDENDS
amount paid at the end of every year, from the 26th A sizeable amount of non-guaranteed dividends can
to the 30th policy years. come your way that can accumulate to more than 100%
of the face amount to help you get more out of your
And there’s more: investment.

• A maturity benefit of 110% of the face amount INCREASE THE INTENSITY THRU THESE
at age 85 for a total payout of 260% of the face RIDERS:
amount. • Accidental Death Benefit
• Accidental Death and Dismemberment
VIGOROUS PROTECTION • Special Accident Rider
PNB Life Peso Intensify! provides a more appropriate • Waiver of premium
protection benefit schedule, since the death benefit • Payor’s Benefit Rider (for minor insured up to age
increases in the first 5 years then decreases whenever
you make a cash payout. The insurance coverage is until 20)
85 years old, whichever is shorter. • Flexi-fund rider
• Living benefit Rider

IF DEATH OCCURS ON DEATH BENEFIT

Policy Year 1 100% of Policy Amount

Policy Year 2 130% of Policy Amount

Policy Year 3 160% of Policy Amount

Policy Year 4 190% of Policy Amount

Policy Years 5 - 10 220% of Policy Amount

28 Insurance Product Manual

Protection

9. Diversify

Allianz PNB Life’s Diversify Peso brings together the opportunities of investing in expertly managed funds and
the security of having insurance protection of at least 5X your basic annual regular premium while having maximum
flexibility in determining its features. Diversify is a regular-pay, whole life policy that has its value directly linked to
the performance of the underlying fund.

Invest for as low as P 15,000 only

POLICY AGES 0 - 50 AGES ABOVE 50

PESO PHP 15,000 PHP 20,000

Pick your choice of investment:

The funds available cater to your different investment objectives. Combinations are allowed. Each allocation should
be at least 10% of your premium. The type of fund or combination of funds you choose will have a direct effect on
your investment’s performance.

Peso Equity Fund Peso Balanced Fund

The Fund aims long-term capital growth, investing in a This fund aims to achieve long-term capital growth, by
stock concentrated portfolio of stocks listed in the investing both in Philippine peso-denominated fixed
Philippine Stock Exchange. income securities and a concentrated portfolio of stocks
listed in the Philippine Stock Exchange.

Insurance Product Manual 29

Peso Optimized Dividend Equity Fund Peso Multi-Sector Equity Fund

A peso-denominated equity fund that seeks dividend A peso-denominated equity fund that seeks long-term
income and capital appreciation by investing in a capital appreciation by investing in a diversified basket
customized basket of no more than 20 companies listed of stocks listed in the Philippine Stock Exchange that
in the Philippine Stock Exchange. Companies have a are highly liquid, actively traded, and belonging to top
history of regular declaration of dividends; provides the companies in each of the six sector indices.
highest dividend yield; and considered very
liquid and actively traded.

Peso Fixed Income Fund Peso Money Market Fund

The fund aims to achieve preservation of capital and This Fund is designed to ensure capital preservation and
income growth over a period of time by investing in a liquidity while still earning yields on short-term
diversified portfolio of the Philippine peso-denominated placements. It will only invest only in cash and near
fixed income instruments. cash investments with an investment horizon
of up to one year.

Features And Benefits:

FLEXIBILITY TO DIRECT YOUR PREMIUM WITHDRAW FROM YOUR FUND ANYTIME!
You can change the proportions of how your premiums For partial withdrawals, your Diversify policy remains in
are invested depending on your investment appetite, force as long as your fund value is enough to pay your
applicable on your next regular premium payment. monthly charges. You have FOUR FREE withdrawals per
policy year.
INCREASE YOUR INVESTMENT WHENEVER
YOU WANT LIVE EVENT BENEFIT RIDER
Add investments anytime to your policy while it is in In the event of marriage by the policyowner, the birth of
force through a Top-Up Premium that can increase your a child, the death of a spouse or a child, divorce or sepa-
Total Sum Assured by 125% of the top-up amount! ration, or loss of job through involuntary unemployment,
Diversify comes automatically with a life event benefit
SWITCH AND RESHAPE YOUR PORTFOLIO rider wherein PNB Life will credit back the cost of insur-
Reallocate your funds to another type or combination ance charges for the six months preceding the receipt
You are allowed 2 FREE switches within a policy year and approval by PNB Life of due proof that the policy-
owner, aged 18 to 60, experienced a defined Life Event.
A maximum of one claim may be availed per policy year.

30 Insurance Product Manual

10. Critical Illness 100Illnesses can strike anyone, anytime. Are you financially prepared if you
get diagnosed with a major illness?

With Allianz PNB Life Critical Illness 100, you can be! A rider that you can attach to our Diversify Peso or
Diversify DOllar plans, it gives you coverage of as much as 5 million pesos, up to age 100. Critical Illness
100 insures 100 major medical conditions to cover expenses from medicines to therapy and even surgeries,
securing you from almost anything that may come your way.

COVERED CRITICAL ILLNESSES:

Heart attack Multiple sclerosis
Stroke Chronic lung disease

Cancer Chronic liver disease
Kidney failure Cerebral aneurysm

Major head trauma Alzheimer’s disease

Allianz PNB Life Critical Illness 100 provides the widest coverage possible when you are diagnosed
with a critical illness.

Insurance Product Manual 31

50% - EARLY STAGE

We will advance 50% of the Critical Illness benefit so you can get the needed treatment right away
for illnesses in the early stage. Critical Illness 100 covers minor treatments for heart attack, stroke
and early stage cancer such as:

CARCINOMA IN SITU ON THE FOLLOWING SITES:
Breast, uterus, fallopian tube, vulva, vagina, cervix uteri, colon, rectum penis, testes, lung, stomach, or
nasopharynx or bladder. Early prostate cancer, Early thyroid cancer, Early bladder cancer. Early chronic
lymphocytic leukemia, and Early melanoma.

100% - INTERMEDIATE
AND LATE STAGE

WE give you the full coverage amount of the critical illness 100 benefit when you are diagnosed
with an intermediate stage or late stage cancer

+20% - CATASTROPHIC
STAGE

You are also entitled to an additional 20% benefit if you are diagnosed with catastrophic stage
critical illness, such as when you are to undergo a heart transplant, or are diagnosed to have cancer
with metastasis. Also, Critical Illness 100 provides an additional coverage equal to 20% of the
benefit for diabetic complication and 10% of the benefit for angioplasty or other invasive
treatments for coronary heart disease

32 Insurance Product Manual

Health

11. Allianz Well!

ALLIANZ WELL! provides health and wellness benefits for high achieving, go-getters like you. With an annual plan
limit of Php 100 Million, it supplements any existing HMOs you may have, giving you health coverage that

complements your active lifestyle.

Need Expert Medical Advice? Stay strong and healthy
We’ve got you covered with Wellness Services

Access to expert medical advice is right at your Aside from health screening and dental services, this
fingertips, with round-the-clock, over the phone 24/7 plan also includes physical activity programs such as
tele consultation and expert medical opinion service. gym memberships, and nutrition counseling such as
obesity and diet counseling.

Check your health risks Choose your preferred doctor
or medical facility

Early detection and diagnosis improve your chances of With one of the highest plan limits in the country today,
finding a cure should the need arise. you can choose who, when, and where to get treatment.
Experience cashless transaction for your medical
treatment from our growing list of accredited
healthcare network.

Enjoy Quick and Easy Medical Evacuation and
Claims Process Repatriation Service

Simply take a picture of the claims document and follow If necessary, reasonable costs of transportation or travel
the steps required to get a reimbursement within for a companion will be covered in the event of medical
approximately 7 days. evacuation or repatriation.

Insurance Product Manual 33

12. Allianz Compass

WITH ALLIANZ COMPASS, you have the privilege to access superior medical treatments and the best hospital
facilities available, both here and abroad. This comprehensive health plan, with an annual plan limit of Php 200 Million,

also promotes your healthy body and well-being, giving you the luxury to live the life you are entitled to.

Need Expert Medical Advice? Stay strong and healthy
We’ve got you covered with Wellness Services

Access to expert medical advice is right at your Aside from health screening and dental services, this
fingertips, with round-the-clock, over the phone 24/7 plan also includes physical activity programs such as
tele consultation and expert medical opinion service. gym memberships, and nutrition counseling such as
obesity and diet counseling.

Check your health risks Choose your preferred doctor or medical
facility here in the Philippines or abroad

Early detection and diagnosis improve your chances of With one of the highest plan limits in the country today,
finding a cure should the need arise. you can choose who, when, and where to get treatment.
Experience cashless transaction for your medical
Enjoy Quick and Easy treatment from our growing list of accredited
Claims Process healthcare network.

Simply take a picture of the claims document and follow Medical Evacuation and
the steps required to get a reimbursement within Repatriation Service
approximately 7 days.
If necessary, reasonable costs of transportation or travel
Unlock your full potential based for a companion will be covered in the event of medical
on your genetic profile evacuation or repatriation.

With the latest advances in the field of nutrigenomics, Have the option to choose
discover what type of diet, exercise, and vitamin supple- alternative treatment
ments work best for you.
Acupuncture, chiropractic treatment, Chinese herbal
medicine, homeopathy, osteopathy and podiatry
are covered.

34 Insurance Product Manual

13. Health Dynamics

HEALTH DYNAMICS is a regular pay, whole life insurance plan with values directly linked to the performance of
your choice of underlying funds, and made even more powerful with multistage critical illness benefits. It covers 100
major medical conditions, including Alzheimer’s, Stroke, Cancer, Kidney Failure, and Heart Diseases.

Simply put, Health Dynamics is the ideal plan to help you save and grow your wealth but at the same time also
provide you superior health insurance protection.

Now, you can focus on pursuing and living your dreams confident that if a catastrophic or major medical condition
befalls you, whether detected early or in advanced stages, funding for surgeries all the way to therapy, won’t get in
the way of your recovery.

Features And Benefits:

YOUR CHOICE OF CURRENCY HEALTH RESCUE WHERE IT COUNTS THE MOST
You can elect to pay premiums in Philippine Peso curren- Health Dynamics provides coverage for the following:
cy or go with a US Dollar denominated plan. • 32 early stage critical illnesses
• 13 intermediate stage critical illnesses
CONTROL OVER PREMIUM PAYMENTS AND • 48 late stage critical illnesses
PAYING PERIOD • 5 catastrophic critical illnesses
You can shorten your paying period with higher annual • 2 additional benefits for diabetic complications, an-
premiums or make them lower by paying over a longer
period of time. gioplasty, and other invasive treatments for coronary
heart diseases
SELECT YOUR FUNDS AND MOVE THEM
AROUND AS NEEDED ACCESS YOUR ACCOUNT AS NEEDED
Not only does Health Dynamics gives you the freedom In case you need them for a more important purpose,
to choose your underlying funds, it also allows you to you can withdraw from your investment funds anytime.
switch them around or increase them when you have It’s free for up to 4 times a year.
extra funds.

Insurance Product Manual 35

14. Milestone Protect 360
• Provides a life insurance and retirement fund equivalent to 100% of the face amount plus accumulated dividends
upon attainment of age 60
• Gives you a dreaded disease cash benefit to help defray your medical expenses
• Provides accident benefits in unexpected situations
• Comes with hospitalization benefit as well

Milestone Project 360 is available to ages 18 to 45 years old and lets you choose your desired protection package:

PLAN COMPONENTS

A. MILESTONE 60 is a participating endowment sclerosis, parkinson’s disease, poliomyelitis, muscular
insurance plan in which you receive the maturity benefit dystrophy, benign brain tumor, motor neuron disease,
equal to 100% of the face amount that you can use as a bacterial meningitis, paralysis, coma, major burns
retirement benefit should you survive the age of 60. In
case of death, your beneficiaries receive a death benefit C. ACCIDENTAL BENEFITS include accidental death
equal to 100% of the face amount plus bereavement and dismemberment, accidental total and permanent
assistance benefit. Whether you survive the age of 60 or disability, and accidental medical expense
die within the period the policy is in-force, the plan also reimbursement.
comes with additional benefit of accumulated
cash dividends. 1. Within 180 days from the date of accident, you are
entitled to receive the Accidental Death and Dis-
B. DREAD DISEASE RIDER provides you a lump sum memberment or Loss of Use Benefit (ADD), which
benefit should you contract and of the 18 dreaded dis- is an amount payable to you for the loss incurred
eases covered under the plan listed below but after 90 resulting from a bodily injury and or Accident
days from the effectivity of the plan or 90 days from the Total and Permanent Disability (ATPD), which is an
effectivity of the plan or 90 days from the day of the last amount payable to you should you incur total and
reinstatement, and the diagnosis occurred before the permanent disability.
anniversary of the policy before turning 60 years of age.
2. Accidental Medical Expense Reimbursement Benefit
THE COVERED 18 DREADED DISEASES ARE: (AMR) is the amount you receive for the medical
treatment by a physician or use of hospital facilities
Heart attack, cerebrovascular diseases or stroke, cancer, (inpatient or outpatient) from injuries sustained from
coronary artery disease (resulting to coronary artery by- the accident starting after 30 days from the date of
pass), end stage renal disease, major organ transplant, the accident.
heart valve replacement, surgery of aorta, multiple

36 Insurance Product Manual

D. DAILY HOSPITAL INCOME BENEFIT (DHIB)
gives you daily cash allowances for every day of hospital
confinement as a result of illness or accident under the
following conditions:

1. Coverage starts on the first day of confinement if
due to accident and starts on the 3rd day if caused
by illness.

2. Coverage is up to a maximum of 30 days per ac-
cident or illness, a maximum of 60 days per policy
year, and 180 year days throughout your lifetime

.
3. To keep premiums low, coverage of pre-existing

conditions will be allowed only after the first 9
months from policy effectivity or date of last
4. reinstatement for as long as you did not fail to
disclose or misrepresent material information upon
application or during the reinstatement process.

5. You receive an additional DHIB should you be
6. confined under intensive Care Unit (ICU) or if the

illness is among those listed as a dreaded disease
under this plan, the additional amount is the same
as the DHIB per day under the package chosen.

7. You also receive a Surgical Expense Benefit should
you be required to undergo surgery of which oper-
ation is listed under the schedule of surgical opera-
tions, the amount shall not exceed the percentage
of maximum surgical benefit as stated in the sched-
ule of benefits in the contract.

8. You are also entitled to a convalescence Benefit
for continuous hospital confinement 30 days and
beyond, payable once per contracted illness.

Insurance Product Manual 37

Education

15. Achievers

Help your child achieve everything he can imagine with Achievers
a 5-pay, 2-in-1 education and protection play that offers:

ABOVE AVERAGE PROTECTION

Achievers protects your child with life insurance until age 21 equal to 200% of the policy amount
less any endowment payout received.

Payment Term Issue Age Minimum Policy Amount

5 years to pay 7 days old to Age 12 Php 200,000

*Available in Annual, Semi-annual, and Quarterly modes of payment

ASCENDING ENDOWMENT PAYOUTS

Achievers gives you an increasing educational fund** for your child which can be used for college expenses

Endowment Payouts to be received Educational Fund**
following the insured attainment of:

Age 17 40% of the Policy Amount

Age 18 45% of the Policy Amount

Age 19 50% of the Policy Amount

38 Insurance Product Manual

Age 20 55% of the Policy Amount

Total Endowment Payouts 190% of the Policy Amount

Graduation Bonus at Age 21** Return of 20% of total Basic
Grand Total Benefits Annual Premium

Ranges from 220% to 240%
of the Policy Amount

*Life Insurance refers to Death Benefit, which is equivalent to 200% **Educational Fund refers to Endowment Payouts that will be

of the Face Amount subject to Juvenile Lien, lless any received by the Policyowner for the Insured while the insured is alive.

Endowment Payouts received.

***Graduation Bonus refers to the Maturity Benefit, which is

equivalent to 20% of the Total Basic Annual Premium if the

insured is alive at maturity.

ABOUNDED GRADUATION BONUS

Because graduation is a great milestone, your child will receive a graduation bonus at age 21 which is 20%
of the total basic annual premium PLUS accumulated dividends.>

ASTOUNDING OPPORTUNITIES TO EARN

Maturity Benefit: 20% of your Total Basic Annual Premium PLUS accumulated dividends.>
Death Benefit: Initial Death Benefit less Endowment payouts received PLUS accumulated dividends>.

Insurance Product Manual 39

16. Stars

Give your child the education he needs to develop his character with
Stars, a pay-to-age-17, 2-in-1 education and protection plan that offers:

STARRED PROTECTION

Stars protects your child with life insurance* until age 21 equal to 200% of the policy amount
less any endowment payout received.

Payment Term Issue Age Minimum Policy Amount

Pay-to-age-17 7 days old to Age 11 Php 200,000

*Available in Annual, Semi-annual, and Quarterly modes of payment

STELLAR ENDOWMENT PAYOUTS

Stars gives you an increasing educational fund** for your child which can be used for college expenses

Endowment Payouts to be received Educational Fund**
following the insured attainment of:

Age 17 40% of the Policy Amount

Age 18 45% of the Policy Amount

Age 19 50% of the Policy Amount

40 Insurance Product Manual

Age 20 55% of the Policy Amount

Total Endowment Payouts 190% of the Policy Amount
Graduation Bonus at Age 21** Return of 20% of total Basic

Grand Total Benefits Annual Premium
Ranges from 220% to 240%

of the Policy Amount

*Life Insurance refers to Death Benefit, which is equiv- **Educational Fund refers to Endowment Payouts that will
alent to 200% of the Face Amount subject to Juvenile be received by the Policyowner for the Insured while the
Lien, less any Endowment Payouts received. insured is alive.

***Graduation Bonus refers to the Maturity Benefit,
which is equivalent to 20% of the Total Basic Annual
Premium if the insured is alive at maturity.

ABOUNDED GRADUATION BONUS

Because graduation is a great milestone, your child will receive a graduation bonus at age 21 which is 20%
of the total basic annual premium PLUS accumulated dividends.>

STARRY OPPORTUNITIES TO EARN

Maturity Benefit: 20% of your Total Basic Annual Premium PLUS accumulated dividends.>
Death Benefit: Initial Death Benefit less Endowment payouts received PLUS accumulated dividends>.

Insurance Product Manual 41

Education

17. Premier Life

Premier Life is a participating whole life insurance plan. It is your premier choice in
ensuring a premier life for your family’s future. Choose a plan type that suits your needs.

PREMIER LIFE DOLLAR

Plan Types Payment Terms Maximum Face Issue Age
Amount 7 days old
Single Pay One-time-pay $1,000 to Age 70
5-Pay
10-Pay 5 years $300
15-Pay
10 years $300
Regular Pay
15 years $300

Pay-to-age 100 $300

42 Insurance Product Manual

PREMIER LIFE PESO

Plan Types Payment Terms Maximum Face Issue Age
Amount 7 days old
Single Pay One-time-pay to Age 70
5-Pay 5 years Php 250,000
10-Pay 10 years Php 300,000
Php 350,000
Regular Pay Pay-to-age 100 Php 500,000

HERE ARE THE BENEFITS

Provides protection up to Age 100
Builds guaranteed cash values
Earn dividends

Available in Annual, Semi-Annual, and Quarterly modes of payment
Policy Amount is paid out if the insured survives his/her 100th birthday.

Insurance Product Manual 43

RIDERS THAT MAY BE ATTACHED

Accidental Death Benefit (ADB)
Accidental Death and Dismemberment (ADD)

Special Accident Rider (SAR)
Dread Disease Rider (DDR)
Waiver of Premium Rider (WOP)
Payor’s Benefit Rider (PBR), for minor insured up to age 20.

Term Rider (TR)
Decreasing Term Rider (DTR)

Flexi-Fund Rider (FFR)
Living Benefit Rider (LBR)

44 Insurance Product Manual

DISCLAIMER
Like all other financial products, VULs have their advantages and trade-offs. As an investment-linked insurance
product, the policyholder must understand and realize that the product is subject to certain risks, such as, but not

limited to investment, credit, interest rate, liquidity, mark-to-market, regulatory, and taxation risks,
which would affect the account or fund value of the whole VUL policy.

PNBGen and Allianz PNB Life products are not insured by the Philippine Deposit Insurance Corporation (PDIC).
Earnings are not assured and principal amount invested is exposed to risk of loss. These products cannot be
sold to you unless its benefits and risks have been thoroughly explained. If you do not fully understand
this product, do not purchase or invest in it.

Insurance Product Manual 45

PNBGEN DIRECT LINE: ALLIANZ PNB LIFE TRUNKLINE:
(02) 573 4212 818-5433 (LIFE)

2/F PNB Financial Center 9th Floor, Allied Bank Center,
Pres. Diosdado Macapagal Blvd. Pasay City 1300 6754 Ayala Avenue corner Legaspi Street, Makati City, Philippines

46 Insurance Product Manual