Php100,000

Understanding MaxiLife TriShield 9 Life

This plan is a packaged traditional term life insurance that provides 3 benefits in a single plan so you can maximize your protection at a fraction of the cost.

Life Insurance Coverage

In case of your demise, your beneficiaries will get a cash benefit of your chosen coverage amount.

Accidental Death Coverage

The cash benefit will be doubled if death is due to accident.

Waiver of Premiums

If you have become totally and permanently disabled due to an injury or disease, we willl automatically waive your remaining payment schedule.

Frequently Asked Questions

Have questions in mind? Here are the top asked questions for this plan or send us a message at customercare@maxilife.com.ph

TriShield 9 Life 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 This is the living benefit which can be withdrawn from the policy’s cash values.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 will receive the death benefit which is equivalent to the sum assured if the Insured dies within the covered term.

The plan is bundled with Accidental Death Benefit and Waiver of Premiums supplementary riders, forming a package that offers more comprehensive protection.

  • Accidental Death Benefit Rider - if the insured dies from an accident, a benefit equal to the rider sum assured indicated in the policy contract is paid to the beneficiary/ies. Accidental death means death within one hundred eighty (180) days from the date of the Accident.
  • Waiver of Premium (due to disability) Rider - if the insured becomes totally and permanently disabled, all future premiums from the time of disability, will be waived and considered paid, subject to the conditions specified in the rider contract.

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

1. Insurance Coverage
– death benefit equal to the Sum Assured less any outstanding policy loans and interest will be payable in the event of death of the Life Insured.


2. Accumulation of cash values – amount of cash value depends on Sum Assured of the policy, the Insured’s issue age, the length of time the policy has been in force, and the length of the policy’s premium payment period. Policy loans 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.


If no option is elected and if a premium due remains unpaid at the end of the grace period, the plan shall automatically continue in force as non-participating Reduced Paid-Up insurance.

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


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 and the coverage provided by rider benefits shall be terminated.


2. Automatic Premium Loan – if you have chosen this option, any premium due remaining unpaid at the end of the 31-day grace period is automatically deducted from your Total Cash Surrender Values, subject to the terms and conditions of the Policy.


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.

TriShield 9 Life 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 Life policy subject to MaxiLife’s underwriting / aggregation limit.

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

  • Expiry Date, as stated in your Policy Details Page;
  • Death of the Insured; or
  • Non-payment of Premium after the thirty-one (31) days grace period. This is subject to the Non-forfeiture Option.
  • The date on which you surrender your Policy for its cash surrender value or the request to cancel your Policy.
  • When the accumulated cash has been exhausted due to Policy Loan

3 Step Application Process

Ste 1

Step 1

Fill out the Application Form online

Fill out the Application Form online Completely fill out the application form.

Ste 1

Step 2

Submit relevant and required documents

Upload and input all manadatory documents and details.

Ste 1

Step 3

Track Your application

Check email address for the application confirmation

Easy Claim Process

Ste 1

Step 1

Fill out Claim Form

Completely fill out the MaxiLife Claim Form for individual products and affix your wet signature on the Claim Form.

Ste 1

Step 2

Prepare the supporting documents

Prepare necessary documents you will need to submit to support your claim request.

Ste 1

Step 3

Submit your Claim request

Submit your claim request through email at claims@maxilife.com.ph