Personal Accident Insurance (PAI)
Manila Bankers Life’s Personal Accident Insurance is a yearly renewable policy that gives you protection in case of accidental death. Benefit starts at TWENTY THOUSAND PESOS. It also provides a burial benefit in case of natural death. Accidents may occur anytime, anywhere. Be secured with MB Life’s Personal Accident Insurance.
Accidents may occur anytime, anywhere. Be secured with MB Life’s Personal Accident Insurance.
|Accidental Death and Dismemberment (ADB)||
Should the insured pass away due to a covered accident anytime within one year from the effectivity of the policy, the beneficiary shall receive 100% of the Face Amount. Or if the insured member suffers dismemberment due to a covered accident, MB Life shall pay him that percentage of the Face Amount corresponding to the injury he suffers.
|Burial Benefit (BB)||
Should the insured pass away due to a natural cause anytime within one year from the effectivity of the policy, the benefits provided to the beneficiary shall be only 5% of the Face Amount.
All Manila Bankers Life Policy owners may avail of the FREE concierge service of EVEREST memorial service.
- Eligibility age of 1 to 64 years old
- Maximum coverage for ages 1 to 17 years old is up to Php 4.9 Million only.
- No maximum coverage for ages 18 to 64 years old.
- Grace Period of 31 calendar days.
- The beneficiary is advised to immediately call Manila Bankers Life’s claims department through this hotline: 8810-1072 local 311, upon policy owner’s death for proper coordination with Everest Memorial Service.