National Life Insurance Company’s Term Plus Products: 8% and 10% p.a.

James Ryan Jonas

NOTE: We have started the Investment Products series that compiles deposit and investment products offered by banks and financial institutions in the Philippines. These articles are for informational purposes only, they do not constitute an endorsement or recommendation by Pinoy Money Talk.

Product Name

Term Plus

Product Description

A combined term life insurance and financial product offered by National Life Insurance Company of the Philippines. It is said to be a low-risk and moderately high-return passive investment vehicle.


(1) COMPOUNDED INTEREST OPTION – Guaranteed 8% Interest Per Annum

Sample Investment: P1,000,000
                                     In 10 Years, your money is P2,158,925*
                                     In 25 Years, your money is P6,848,475*
                                     In 50 Years, your money is P46,901,613*

Minimum Investment: P1 million
Offer ends on November 2, 2006

(2) MONTHLY INTEREST INCOME OPTION – Guaranteed 10% Interest Per Annum for 5 Years

Sample Investment: P1,000,000
                                     P1M X 10% p.a. = P100,000*
                                     P100,000 / 12 months = P8,333.33* every month for 5                                      years                                     

Total Income in 5 Years: P500,000*

Minimum Investment: P500,000

** Actual figures will depend on the age of the investor. The actual figures can be seen if you request for a proposal.

The Term Plus product is exempt from withholding and estate taxes. The principal is said to be insured through the use of reinsurance companies.

Discuss this product 

Join the discussion of this product in the National Life Insurance Company's Term Plus Product: 8% and 10% per annum thread in the PMT Forum.

tags]investments Philippines, insurance Philippines, National Life Insurance Company, investment products, high yield investment, high return[/tags] 

James Ryan Jonas teaches business management, investments, and entrepreneurship at the University of the Philippines (UP). He is also the Executive Director of UP Provident Fund Inc., managing and investing P3.2 Billion ($56.4 Million) worth of retirement funds on behalf of thousands of UP employees.