Salary Savings Insurance

A program that intends to provide private and government employees life insurance coverage and benefits through salary deduction.

SALARY SAVINGS INSURANCE

Salary Savings Insurance is a program that intends to provide employees of private companies and government agencies a convenient and affordable manner of availing life insurance coverage and benefits (children’s education, medical expenses and other essential needs) through monthly premium deductions from their salaries. An employee can save or invest for as low as PhP 300 per month for his Life Insurance policy that he might not able to make on his own.

MODE OF PAYMENT

Automatic salary deduction from employees/borrowers’ payroll. Salary deduction must be authorized by the management of accredited company/ies and remittance of payment shall be directly paid by the company to PHILLIFE FINANCIAL.

Programs

  • Lifetime Protection
  • Endowment
  • Term

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