Life Insurance Protection Plans

Our uniformed services offer their lives for our fellowmen and country. This selflessness is being complemented by AFPMBAI’s provision of hassle-free, long-term protection with the most affordable monthly payment; ensuring our members are prepared to face any of life’s challenges while giving them peace of mind that their loved ones are taken care of as well.

MBAI PROTEK
  • Higher Separation/Retirement Fund: Member’s Equity + Interest
  • Higher Death Benefit (Natural): 100% Face Amount + Total Living Benefit
  • Higher Death Benefit (Accidental): 200% Face Amount + Living Benefit
  • Higher Death Benefit (KIA): 150% Face Amount + Total Living Benefit
  • Dismemberment/Disability Benefit: For total permanent injuries due to accident or incurred while the performance of duty
  • Educational Loan Privilege: Once 1st MBAI Protek monthly contribution is effected
  • Equity Loan Privilege: Up to 90% of Equity Value at a low Yearly Interest of 6%


GROUP YEARLY RENEWABLE TERM INSURANCE
  • Insurance protection for members of CAFGU, ROTC, PMA classes, security agencies, cooperatives and other special groups


SPECIAL GROUP TERM INSURANCE (SGTI)
  • Provides a coverage of P16,000 for natural deaths and P32,000 for members who are killed in action
  • P1,000 funeral benefit
  • With disability benefit if incurred while on performance of duty


WHOLE LIFE
  • Life-long protection for the member which shall be paid as long as the member is living or until the member reaches 99 years old
  • Dividends will be received on the policy’s 4th year which will continue every year as long as the member is living if the policy is participating


20 PAY LIFE
  • Life-long protection for the member which shall be paid in just 20 years
  • Dividends will be received on the policy’s 4th year which will continue annually as long as the member is living if the policy is participating


SPECIAL WHOLE LIFE
  • Exclusive for retired officers and enlisted personnel who are 50-60 years old
  • Extensive coverage at a very affordable amount