Our Priceless Treasures

A Home and Parenting Blog.

Have a Worry-Free Future with Cocolife Future Savings Platinum

One of any parent’s worry is the future of her children.

We may all be active and healthy today, but how sure are we if it will be the same tomorrow? We may be capable of earning enough or more than enough today, do we the such opportunity tomorrow? Life is unpredictable and death is inevitable.

What we need to do now is to start working on for the future of our little ones. Invest and be secured for tomorrow.

Whether it’s for replacing lost income, paying for child’s education, saving up for a dream travel, putting up own business or making sure the spouse get the much-needed financial security, I want to believe that Cocolife Future Savings Platinum can help safeguard our family’s future.

Cocolife’s Commitment in Creating Solutions With You

Cocolife remains committed in creating solutions for each and every financials need of our fellow Filipinos.

With Cocolife Future Savings Platinum, they aim to provide their clients with optimum insurance protection freeing our loved ones from financial woes in the event of a sudden loss. It ensures that they can enjoy the same lifestyle they had with us. The living benefits/cash bonuses provides you with extra funds so that we can enjoy a more fulfilling life, fund our dream travel, start a business, prepare for education expenses, establish emergency medical funds.

As they claim it — It’s for us and our family’s Financial Freedom, Security and Protection. It’s FSP.

Exclusively available for mall Clients

Cocolife Future Savings Platinum is exclusively available for mall clients, with minimum coverage of P100,000.00 payable for 10 years. It rewards client as much as 200% of life insurance coverage upon maturity should the insured survives age 100.

With Cocolife Future Savings Platinum, clients will also enjoy scheduled cash bonuses:
• 10% of the coverage at the end of the 10th, 11th, 12th, 13th, and 14th policy years
• 50% of the coverage at the end of the 15th policy year
• 10% of the coverage starting at the end of the 20th policy year and every 5 years thereafter up to maximum age 99.

Policyholders may also attach the following riders to enhance their coverage:

A. Accidental Death and Dismemberment Rider
The Accidental Death and Dismemberment is a comprehensive rider providing a wide range of benefits from death to injuries caused by accidents. Accidental coverage is provided until age 65, or until termination of the policy to which the rider is attached, whichever comes first.

B. Waiver of Premium Upon Disability
This rider will pay the future premiums of the policy in the event that the insured sustains total and permanent disability. The rider doesn’t reduce or otherwise affect the amount payable in any settlement of the policy or any dividend or any non-forfeiture or loan values under the policy.

C. Payor’s Benefit Rider
1. Payor’s Benefit Rider Due to Death of the Payor
This rider waives the future premiums due until the Child Insured attains age 25, if the Payor dies before the policy anniversary nearest his 60th birthday.
2. Payor’s Benefit Rider Due to Death and Disability of the Payor
This rider waives the future premiums due until the Child Insured attains age 25, if the Payor, before the policy anniversary nearest his 60th birthday, dies or becomes totally disabled and has been continuously so disabled for at least six months.
Issue Age of Child Insured : 1 to 17 years old
Coverage Period : until the end of the payment period of the basic plan, or until Payor attains age 60,or until Child Insured attains age 25, whichever is soonest

D. Terminal Illness Living Benefit Rider
This rider provides emergency medical funds by advancing as much as 50% of the death benefit in case the insured contracts a terminal illness, but not exceeding Ps 500,000 per insured.
Issue Age of Insured : 1 to 55 years old
Payment Terms : no premium payments required
Coverage Period : until Insured attains age 65 or two years prior to the maturity date of the plan, whichever is sooner

A. Terms of Payment
Premiums for this plan are payable for 10 years with the following Modal Factors
Modal Factor
Annual 1.0000
Semi-Annual 0.5300
Quarterly 0.2750
Monthly 0.0975*
* Monthly mode is available only for credit card auto-charge arrangements

B. Issue Ages
Issue ages are based on the Insured’s age nearest birthday. Premiums are available for ages 1 to 55.

C. Underwriting Selection
All applicants shall be underwritten on an individual basis. The existing non-medical and medical limits shall apply depending on the age nearest birthday and the amounts of each life covered under the policy.
Note that the Death Benefit, or 200% of the Face Amount, shall be used as the underwriting basis for this plan.

D. Substandard Issues
Substandard ratings shall be assessed on each life, as the case may be. Substandard Extra Premium Rate is expressed as per 1000 of the basic plan’s face amount and as computed as follows:
Substandard Extra Premium = Substandard Premium Rate
´ (Basic Plan’s Face Amount) ÷ 1000

Among the Top 50 Most Saleable Products in Life Insurance*

Cocolife Future Savings Platinum ranked third among the traditional plan in the life insurance industry, and among the top 50 most saleable life products in the Philippines.



Cocolife, the biggest Filipino-owned stock life insurance company, and the first ISO-certified Filipino life insurance company, offers a complete range of insurance and financial services. It has subsidiaries in the non-life business (UCPB General Insurance), pre-need (Cocoplans), mutual funds (Cocolife Asset Management Co., Inc.) and Security services (Ultra Security Services).

Cocolife boasts of close to four decades of experience and expertise with more than 1,500 highly-trained agents and 253 field managers, a steadily expanding network of fully computerized area and branch offices numbering 64 nationwide.

Aside from providing the most competitive life, non-life and pre-need products in the Individual Market, COCOLIFE has successfully carved a strong niche in Group Insurance and pioneered the EPDI program (Employee Payroll Deduction Insurance) for corporate accounts. It is also an accredited provider of life insurance to migrant workers. Currently, Cocolife is ranked number one in Group Life and Accident & Health, number six in Traditional Life Insurance and one of the country’s leading providers of healthcare services.

Cocolife is a prominent market leader in the industry, ranking number 5 in terms of Net Worth, number 10 in Total Premium Income, out of 34 insurance companies in the Philippines. To date, total assets are close to P25 billion, with Premium Income over P7 billion, and a Networth of over P9 billion. These impressive results are attributed to sound management, prudent investment practices, and efficient cost control.

To learn more about the Cocolife Future Savings Platinum, please contact:

(02) 812-9015 local 114 or local 594
(02) 864-0968

Globe (+63917) 844-7704
Smart (+63998) 843-4588
Sun (+63932) 844-1731

Globe (+63917) 556-2058

Email: clientrelations@cocolife.com

* Most Saleable Products for Individual Line (Actuarial Department)

2 comments found

  1. Hi, I am also a parent, I just got the FSP when we were strolling in the mall and with all the posts and other testimonies citing that some of the clients were scammed I am thinking to cancel my policy. Are you also a policy holder of FSP? Did you have any doubts regarding the product? I just want to have a peace of mind since this will be for my child’s future. Thank you and have a nice day.

    1. Hi Janise, I understand your concerns but if you have doubts you may verify your account with their main office, to know if you have active account and if your premiums were remitted and credited. There are successful stories and claims for Cocolife and I have a friend who work there who assured me.

Leave comment

Your email address will not be published. Required fields are marked with *.

This site uses Akismet to reduce spam. Learn how your comment data is processed.