TriShield 9 Health is a non-participating individual life insurance plan that provides living and death benefits.

For an affordable premium, customers can pay for 3 years for a 9-year coverage.

Customers can be assured of funds in case of emergency. This is the living benefit which can be withdrawn from the policy’s cash values 

Beneficiaries (or the Insured in case of critical Illness diagnosis) will receive the  benefit which is equivalent to the sum assured indicated in the Policy in the event of death or critical Illness diagnosis, whichever comes first, of the Insured during the effectivity of the policy. The list of covered Critical Illnesses are listed in the Policy Contract. Upon claim of either the Critical Illness Benefit or the Death Benefit, the Policy will be terminated.

The plan is bundled with Accidental Death, Disablement, and Dismemberment and Daily Hospital Cash supplementary riders, forming a package that offers more comprehensive protection.

• Accidental Death, Disablement and Dismemberment Rider - provides the payment of sum assured in case the insured dies, suffers disablement or dismemberment, due to accident. The sum assured to be paid will be in accordance with the Disablement Table and conditions specified in the rider contract.
• Daily Hospital Cash Rider - provides hospitalization benefits - Daily Hospital Cash, In-patient Surgery Cash and ICU Cash Benefit in case the Insured is admitted as inpatient in a hospital, undergoes surgery or confined in ICU, subject to the limitations and conditions of the Policy.

TriShield 9 Health may be purchased by any individual who meets the following minimum and maximum entry ages:

Payment Term: 3-pay

Issue ages:: 18 - 60 years old

TriShield 9 Health provides coverage for 9 years and provides the following product features:

1. Insurance Coverage – we will pay you or your Beneficiary, whichever is applicable, the Amount of Insurance, as provided in the Policy Details Page, in the event that the Insured either dies or is diagnosed with a covered Critical Illness during the effectivity of this Policy, whichever occurs first subject to the provisions herewith. Any Indebtedness under this Policy will be deducted from such payable amount.

2. Accumulation of cash values – amount of cash value depends on Sum Assured of the policy, the length of time the policy has been in force, and the length of the policy’s premium payment period. Cash values may be left to accumulate and be obtained due to early policy surrender. Policy loan may also be applied from the cash values in case of emergency.

3. Non-Forfeiture Options – allows the policy to be in force when premium due is not paid and the policy has remaining cash value. Customers may choose from these options – Cash Surrender Value, Reduced Paid Up or Automatic Premium Loan.

The following are the available non-forfeiture options for TriShield 9 Health

1. Reduced Paid Up – If you fail to pay your Premium by the end of the 31-day grace period but your Policy has a Cash Surrender Value and you have chosen the Reduced Paid-Up Insurance as your Non-Forfeiture Option, your Policy will continue until its Expiry Date without you paying further Premiums but the Amount of Insurance will be reduced.

2. Automatic Premium Loan – any premium due remaining unpaid at the end of the 31-day grace period is automatically paid as loan from the remaining cash value which earns interest and is compounded every policy anniversary.

3. Cash Surrender Value - while the Policy is active and not under any Non-Forfeiture options, the Policy may be surrendered for its Cash Surrender Value derived from the Table of Cash Surrender Values. The appropriate cash values can be read off from the table based on the issue age and the policy year the cash value will be availed. When your Policy is surrendered for cash, the Policy automatically terminates and the
Cash Surrender Value of this plan, if available, is paid to the Policy Owner.Here is a comprehensive list of Eligibility Requirements

TriShield 9 Health is available through various product distribution channels of MaxiLife. Should you need higher coverage not in the online packages, our insurance agent can provide assistance and guide you on your journey.

Customers can avail more than one TriShield 9 Health policy subject to MaxiLife’s underwriting / aggregation limit.

Automatic termination on TriShield 9 Health will effect on the earliest of the following:

• Expiry Date, as stated in your Policy Details Page;
• Death of the Insured;
• Upon claim of the Critical Illness Benefit; or
• Non-payment of Premium after the thirty-one (31) days grace period
• The date on which you surrender your Policy for its cash surrender value or the date we approve your request to cancel this policy.
• When the accumulated cash value has been exhausted due to Policy Loan.

Termination of the Policy will not invalidate any claim arising before the date this Policy terminates.