PhilLife Term
Life Series
Secure your family’s future with the PhilLife Term Life Series—an affordable life insurance and investment plan that protects you while helping your premiums earn and grow.
Term Insurance
PhilLife Term Life
PhilLife Term Life gives you the protection you need at a price you can afford. It’s designed for
individuals who want higher insurance coverage without stretching their budget.
With terms ranging from 5 to 15 years, its insurance and investment plans even return a portion of
your premiums if you outlive the term. It’s practical, reliable, and built to secure your financial future.
PhilLife Term 5
For less than ₱10* a day, you can enjoy ₱1 million worth of life insurance coverage for five years with the following features and benefits:
- Five-year insurance coverage and payment period
- Renewable every five years until age 55, with no need for additional proof of insurability
- Option to convert your plan to a permanent one for the same coverage amount (premiums upon renewal or conversion are based on your attained age)
- Free Terminal Illness Benefit: Advance 50% of the face amount (maximum of ₱2 million) upon diagnosis
- Riders can be included for added protection in case of accidental death, total and permanent disability, or hospitalization
- Minimum coverage amount of ₱1 million
- Eligible for ages 18 to 80
* Computed annual premium based on an individual at age 30
PhilLife Term 10 with ROP
Get the best of both worlds with a 10-year life insurance plan that keeps you protected and rewards you back through a return of premium benefit.
- 10-year insurance coverage and payment period
- Should the insured outlive the 10-year term, 50% of the total equivalent annual premium paid shall be given back to the policyholder as a return of premium (ROP)
- Convertible to a permanent plan for the same coverage amount, based on your attained age, with no additional proof of insurability required
- Minimum coverage amount of ₱100,000 or minimum annual premium of ₱5,000
- Eligible for ages 10 to 60
PhilLife Term 15 with ROP
Secure your future with a 15-year life insurance plan that provides financial protection and returns part of your premiums at the end of the term.
- 15-year insurance coverage and payment period
- Should the insured outlive the 15-year term, 50% of the total equivalent annual premium paid shall be given back to the policyholder as a return of premium (ROP)
- Convertible to a permanent plan for the same coverage amount, based on your attained age, with no additional proof of insurability required
- Minimum coverage amount of ₱100,000 or minimum annual premium of ₱5,000
- Eligible for ages 10 to 60
Variable Life Product
Weekly NAVpu
Net Asset Value Per Unit (NAVPU) of PhilLife Financial’s Investment Funds on the Variable Life Product
PhilLife Balanced Fund
0.844
Date Updated
June 17, 2025
Previous Rate : June 10, 2025
0.844
PhilLife Equity Fund
0.798
Date Updated
June 17, 2025
Previous Rate : June 10, 2025
0.796
PhilLife Balanced Fund
0.844
Date Updated
June 17, 2025
Previous Rate : June 10, 2025
0.845
*These investment funds are specific to variable life insurance contracts and are not considered mutual funds. Variable life insurance products are regulated by the Insurance Commission.
Why Choose PhilLife?
The Premier Standard in Financial Solutions
Over 65 Years of Service
Building trust and security for generations of Filipino families through decades of financial expertise.
Digital Convenience
Access and manage your PhilLife plans anytime, anywhere through our secure online platform.
Affordable, Flexible Plans
Choose from flexible insurance, savings, and protection plans tailored to your personal goals.
Frequently Asked Questions
Have more questions about PhilLife Term Life plans? Explore these FAQs to learn how our affordable, flexible coverage options can protect you and your loved ones, and even help you save or invest for the future.
