Loyola Plans

Plan Classification
Prime
18-40 Yrs
Old

Premium
41-55 Yrs
Old

Gold
56 Above

Pricing (Prime, Premium and Gold)

1 unit = 10,000 Plan Base Value

Plan Base Value (shall be the basis for the computation of the Memorial Service Benefit)
Numbe
r of
Units
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15

Monthly Installment
Gross Price
16,800
33,600
50,400
67,200
84,000
100,800
117,600
134,400
151,200
168,000
184,800
201,600
218,400
235,200
252,000

Monthly
280
560
840
1,120
1,400
1,680
1,960
2,240
2,520
2,800
3,080
3,360
3,640
3,920
4,200

Quarterly Installment
Gross Price
16,500
33,000
49,500
66,000
82,500
99,000
115,500
132,000
148,500
165,000
181,500
198,000
214,500
231,000
247,500

Quarterly
825
1,650
2,475
3,300
4,125
4,950
5,775
6,600
7,425
8,250
9,075
9,900
10,725
11,550
12,375

Semi Annual Installment

Gross Price
16,200
32,400
48,600
64,800
81,000
97,200
113,400
129,600
145,800
162,000
178,200
194,400
210,600
226,800
243,000

Semi Annual
1,620
3,240
4,860
6,480
8,100
9,720
11,340
12,960
14,580
16,200
17,820
19,440
21,060
22,680
24,300

Annual Installment
Gross Price
15,900
31,800
47,700
63,600
79,500
95,400
111,300
127,200
143,100
159,000
174,900
190,800
206,700
222,600
238,500

Annual
3,180
6,360
9,540
12,720
15,900
19,080
22,260
25,400
28,620
31,800
34,980
38,160
41,340
44,520
47,700

Modes of Payment

Spot Cash
Monthly
Quarterly
Semi Annual
Annual

Product Features
Credit for Service Value (Non Forfeiture)
For unpaid Contract Price, the Plan Holder can still use the plan computed based on the Termination
Values Table by the Insurance Commission
Re-assignment (Living to Dead)
The Plan Holder may assign his Plan to any deceased immediate family member OR third party on
the following conditions:
o Plan holder insurance coverage (Prime or Premium), if any, shall cease automatically
o Assignment value shall be based on the Table of Termination Values provided by the
Insurance Commission
o All assignment value must be used; there will be no Cash Difference Benefit
Transfer (Living to Living)
The Plan Holder may transfer his rights and privileges under the Life Plan to any qualified third
party
o New Life Plan Application form dully filled out and signed the transferee must be
submitted to Loyola for approval
o All payments, made by the original Plan Holder shall be credited to the new Plan Holder

Reinstatement
The Plan Holder may reinstate the Plan within a period of 2 years from the end of the grace period

Un-rendered Service

If the memorial service was not delivered/rendered due to Fortuitous events/Acts of God:
o Full amount of Memorial Service Benefit due shall be paid to the Plan Holder
o Plan may be retained for future availment; shall be transferred to the designated
beneficiary and the Memorial Service Benefits shall continue to increase annually by 6%
of the Plan Base Value

If the memorial service cannot be carried out by Loyola due to family of the deceaseds negligence,
inadvertence, delay or violation of the applicable Life Plan provisions, the sole beneficiary of the deceased shall
have the option to retain the Plan for future availment

Major Benefits
Professional Memorial Administration Services

At the time of need, all the details of proper and dignified memorial service shall be attended to
professionally by Loyola, through its Professional Memorial Coordinators.
First Call
Preservation
Viewing
Interment

Memorial Service Benefits

A flexible budget intended to cover the expenses of memorial services

Memorial Services
1.
2.
3.
4.
5.

24 hours on call Professional Memorial Service Administrator

Transport Service for the picking up of remains
Preparation and Preservation of the remains
Beautification of the deceased using imported cosmetics
Use of chapels for wake

6. Assistance in securing of Permits

7. Transport service going to the interment site (25Kms)
8. Casket/chapel will depend on the memorial service benefit
Memorial Service Benefits Table

Prime

Units
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15

1st Year
10,000
20,000
30,000
40,000
50,000
60,000
70,000
80,000
90,000
10,000
11,000
12,000
13,000
14,000
15,000

Memorial Service Benefits

Prime Benefit Table (Ages 18-40)
2nd to 15th
16th
20th
30,000
30,600
33,000
60,000
61,200
66,000
90,000
91,800
99,000
120,000
122,400
132,000
150,000
153,000
165,000
180,000
183,600
198,000
210,000
214,200
231,000
240,000
244,800
264,000
270,000
275,400
297,000
300,000
306,000
330,000
330,000
336,000
363,000
360,000
367,200
396,000
390,000
397,800
429,000
420,000
428,400
462,000
450,000
459,000
495,000

25th
36,000
72,000
108,000
144,000
180,000
216,000
252,000
288,000
324,000
360,000
396,000
432,000
468,000
504,000
540,000

30th
39,000
78,000
117,000
156,000
195,000
234,000
273,000
312,000
351,000
390,000
429,000
468,000
507,000
546,000
585,000

Premium
Gold

Unit
s
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15

Memorial Service Benefits

Premium Benefit Table (Ages 41-55)
1st
Year
2nd to 10th
11th
16th
10,000
22,500
23,100
25,500
20,000
45,000
46,200
51,000
30,000
67,500
69,300
76,500
102,00
40,000
90,000
92,400
0
115,50
127,50
50,000
112,500
0
0
138,60
153,00
60,000
135,000
0
0
161,70
178,50
70,000
157,500
0
0
184,80
204,00
80,000
180,000
0
0
207,90
229,50
90,000
202,500
0
0
231,00
255,00
10,000
225,000
0
0
254,10
280,50
11,000
247,000
0
0
277,20
306,00
12,000
270,000
0
0
300,30
331,50
13,000
292,500
0
0
232,40
357,00
14,000
315,000
0
0
346,50
382,50
15,000
337,500
0
0

Memorial Service Benefits

Gold Benefit Table (Ages 56 and Above)
20th
28,500
57,000
85,500
114,00
0
142,50
0
171,00
0
199,50
0
228,00
0
256,50
0
285,00
0
313,50
0
342,00
0
370,50
0
399,00
0
427,50
0

Unit
s
1
2
3

1st Year
3,500
7,000
10,500

2nd Year
6,500
13,000
19,500

3rd Yr
10,000
20,000
30,000

4th Yr
13,500
27,000
40,500

5th Yr
18,000
36,000
54,000

6th Yr
18,600
37,200
55,800

14,000

26,000

40,000

54,000

72,000

74,000

17,500

32,500

50,000

67,500

90,000

93,000

21,000

39,000

60,000

81,000

108,000

111,600

24,500

45,500

70,000

94,500

126,000

130,200

28,000

52,000

80,000

108,000

144,000

148,800

31,500

58,500

90,000

121,500

162,000

167,400

10

35,000

65,000

100,000

135,000

180,000

186,000

11

38,500

71,500

110,000

148,500

198,000

204,600

12

42,000

78,000

120,000

162,000

216,000

223,200

13

45,500

84,500

130,000

175,500

234,000

241,800

14

49,000

91,000

140,000

189,000

252,000

260,400

15

52,500

97,500

150,000

202,500

270,000

279,000