AFPMBAI INSURIDE ANNIVERSARY RAFFLE PROMO

I. GEOGRAPHICAL SCOPE AND DURATION

This NATIONWIDE promo will run from September 1, 2022 to December 31, 2022.

II. MECHANICS

1. The promo is open to ALL REGULAR UNIFORMED SERVICES MEMBERS and ASSOCIATE MEMBERS of AFPMBAI, as defined in the attached Definition of Terms (Attachment A).
2. Participants must be Filipino citizens, at least 18 years of age, and residing in the Philippines.
3. AFPMBAI Members can acquire raffle entries by applying for the following Insurance Plans, from September 1, 2022 to December 31, 2022:
    
    Individual and Permanent Insurance Plans
   • 10-Year Endowment
   • 15-Year Endowment
   • 20-Year Endowment
   • College Education Plan
   • Saver’s Protection Plus (10-15 Endowment Plan)
   • 20-Year Anticipated Endowment
   • 20-Pay Life
   • Whole Life
   • Endowment at 56
   • MBAI 5ecure

    

4. For submitted insurance applications mentioned in item # 3, payor-members are entitled to one (1) raffle entry for every insurance application with P100,000 of Face Amount/Coverage OR for every P100,000 worth of accumulated Face Amount/Coverage.
5. All insurance applications will be subject to a verification process conducted by the Insurance Sales Division (ISD) to ensure that these applications have complete information required for the underwriting process.
6. All qualified entries as verified by the ISD will be submitted with the following information per electronic raffle entry:
    
   • Name of Member who applied for insurance
   • Branch of Service
   • Member’s active contact number
   • Member’s active email address
   • Member’s unit assignment
   • Insurance plan applied for by Member
   • Face Amount of plan applied for by Member
   • Name of Insurance Sales Force or ABOD personnel
   • Name of Field Area Manager/NCR Group Manager or ABOD Branch

 

7. The Monthly Official Sales Reports should be submitted to Marketing Division, signed by Head, ISD, on the following dates:
    

   Sales Period Coverage	Reporting Date
   September 1 – September 30, 2022	October 10, 2022
   October 01 – October 31, 2022	November 10, 2022
   November 01- November 30, 2022	December 12, 2022
   December 01- December 31, 2022	January 13, 2023

 

8. A confirmation receipt shall be immediately sent by Marketing Division to ISD upon receipt of the Official Sales Report.
   • The data gathered shall be stored in an in-house database and shall be subject to an electronic raffle draw on January 20, 2023, 02:00PM (Friday).
   • There will be a total of twenty-two (22) raffle draws corresponding to the number of prizes available for the
     Members, including the draw of back-up winners.

 

III. RAFFLE PRIZES

1. The raffle entries will vie for the following prizes:
   • Grand Prize
     One (1) Winner Morris Garages (MG) ZS SUV
   • Major Prizes
     Two (2) Winners Honda PCX-160 ABS
     Two (2) Winners Honda Beat Fashion Sport
   • Minor Prizes
     Three (3) Winners       Trek Marlin 4 Mountain Bike
     Three (3) Winners       Xiaomi Mi Electric Scooter

Note: AFPMBAI will shoulder the 20% tax for all the raffle prizes.

• All prizes are non-transferable and non-convertible to cash.

 

IV. DRAWING OF WINNERS

1. Each raffle entry will be assigned a raffle number to serve as an electronic raffle entry.
2. The electronic raffle entry shall be raffled off using the E-Raffle Software developed by IT Division of AFPMBAI.
3. The winners will be drawn starting from the lowest prizes first, and the grand prize last. A raffle entry can only win once, if his/ her name is drawn twice, he/she will get the higher-priced item or prize.
4. The raffle draw will be held on January 20, 2023 (Friday) at 2:00 PM at the AFPMBAI Head Office, and shall be witnessed by representatives from ISD, Internal Audit Office, Marketing and ITD. Drawing of winners will be documented.

 

V. ANNOUNCEMENT OF WINNERS

1. Winners will be notified via SMS, e-mail, call out of a representative and registered mail from the Marketing Division.
2. Names of the winners will also be posted on AFPMBAI’s Official Facebook Page and Website.

 

VI. AWARDING OF WINNERS

1. Raffle prizes must be claimed within sixty (60) calendar days from receipt of notification from AFPMBAI. Otherwise, the prizes shall be forfeited and retained by AFPMBAI.
2. Winners can claim their prizes at:
   GMA Winners  – Marketing Division, 3/F AFPMBAI Annex Building, Col. Bonny Serrano Road corner EDSA, Quezon City
   PROVINCIAL Winners – nearest AFPMBAI Branch or Extension Office

 

CONTACT PERSON:           PRINCESS MELODY T. ULIT-AGUSTIN

Advertising & Promotions Coordinator

0995-129-0187

pt.ulit@afpmbai.com.ph

VII. CLAIMING OF PRIZES

1. To claim prizes, winners must bring their National ID (Philsys) or any two (2) of the following government IDs:

   Philippine Passport
   Driver’s License
   Service IDVoter’s ID
   Postal IDPhilHealth Card
   TIN Card

   Additional IDs acceptable (for Associate Members only):
   SSS Card
   GSIS Card

    

2. In the event that the member is unable to claim the prize, an authorized representative can claim in behalf of the member but shall be required to present the following:

   A. National ID or two (2) valid government IDs of the winner/member
   B. Original copy of the Winner’s authorization letter
   C. National ID or two (2) valid government IDs of the authorized representative

    

VII. DISQUALIFIED PARTICIPANTS

AFPMBAI’s employees, insurance representatives, field area managers/group managers, suppliers, contractors, vendors, agencies, and consultants, including their relatives up to second degree of consanguinity or affinity, are disqualified from joining the promotion.

 

ATTACHMENT A – DEFINITION OF TERMS

Regular Members – The following are considered regular members:

• Military personnel inactive service of the Armed Forces of the Philippines (AFP)
• Those in active service of the following:
  • Philippine National Police (PNP)
  • Bureau of Fire Protection (BFP)
  • Bureau of Jail Management and Penology (BJMP)
  • Philippine Coast Guard (PCG)
• Retired and honorably separated or discharged AFP, PNP, BFP, BJMP and PCG personnel

Associate Members – The following are considered associate members

• Members of the Reserve Officer Training Corps (ROTC)
• Reservists of the AFP
• Members of the Citizen Armed Forces Geographical Unit Active Auxiliary (CAFGUAA), and Special Civilian Armed Auxiliary (SCAA), Volunteer Fire Brigade, Bureau of Corrections, and other uniformed service units.
• Parents, dependents, wives and children of regular members
• Duly licensed private security guards
• Civilian employees of the AFPMBAI, other AFP financial institutions, non-uniformed personnel of the PNP, and other organizations and agencies connected with the uniformed services and major services bureaus
• Cadets and Graduates of the Philippine Merchant Marine Academy (PMMA), Philippine National Police Academy (PNPA), and Maritime Academy of Asia and the Pacific (MAAP)

10-, 15-, and 20- Year Endowment Plan – A guaranteed savings plan with additional protection and dividends that offers a maturity benefit equal to the face amount at the end of the endowment period

 

College Education Plan – A plan payable within five years for children aged 0-11 years old, with a guaranteed education fund as maturity benefit on the policy anniversary after the 17^th birthday of the child. Premiums are waived in case the member passes away or the member becomes totally and permanently disabled, while the child-insured is also covered with insurance until maturity.

 

Saver’s Protection Plus – Payable in 10 years, an insurance and endowment plan that offers dividends starting on the 3^rd policy year, 20% yearly bonuses on the 10^th-14^th year, and a 100% maturity benefit (equal to the Face Amount) upon maturity on the 15^th Insurance coverage doubles starting on the 6^th year to the 15^th year.

 

20-Pay Life – payable for 20 years only, a whole life insurance plan that protects the insured for life until age 99 and offers dividends and cash surrender values starting on the 3^rd policy year

 

Whole Life – payable until age 99, an insurance plan that protects the insured for life until age 99 and offers dividends and cash surrender values starting on the 3^rd policy year onwards

 

Endowment at 56 – a retirement plan with a guaranteed maturity benefit at age 56, protects the insured until maturity, and offers dividends and cash surrender values starting on the 3^rd policy year onwards

 

MBAI 5ecure – A five-year term insurance plan that offers pure protection with no cash values and no maturity benefit. Upon application this plan is guaranteed renewable for another five years with no medical examination required, or it can be converted to a permanent insurance plan.