Coop Funeral Plan
FEATURES
- The memorial benefits increase by 5% of the contract price that starts on the 6th policy year up to a maximum of 150% of the contract price.
- Transfer (Living to Living) – An in-force Angelica Policy is Transferable to any third person, and contestability period will start anew.
- Assignment (Living to Dead) – Angelica Policy can be assigned to any third person, if all remaining unpaid premiums due, plus taxes and other charges, shall be fully paid by the policy holder.
- Payable in five year installments and for as low as P540 per month only Grace Period for delayed payment of premium – 60 days from the premium due date. Plan Reinstatement for Lapsed Plan- 2 years from the premium due date.
Memorial Service Benefits
- Availability of service on a 24-hour Basis with just ONE PHONE CALL.
- Retrieval of body from place of death using service vehicle of Mortuary.
- Assistance in documentation requirements i.e. processing of death certificate and burial permits (fees, if any, not included).
- Embalming services - sanitation and preservation of the body using local chemicals.
- Provide professional cosmetological care to details of appearance.
- Provide casket based on CLIMBS Life Plan option chosen.
- Viewing equipment and paraphernalia: 1 standard set of viewing lights, casket stand, announcement board and carpet
- Interment - use of 1 hearse to burial site within 25km radius of servicing mortuary.
Additional Benefits
- If the plan holder dies within insurable age up to 65 years old or within the 10-year period whichever comes first.
