product training - sti

How Important How Important is a College is a College Education?Education?

How Important How Important is a College is a College Education?Education?

College EducationCollege Education

A child’s A child’s passportpassport towardstowards a a successfulsuccessful and and comfortablecomfortable lifelife because it equips because it equips

them with the them with the knowledgeknowledge and and skillsskills needed for adulthood. College needed for adulthood. College

education is a person’s vehicle towards education is a person’s vehicle towards gainfulgainful employmentemployment making them making them

responsibleresponsible and and productiveproductive membersmembers of of societysociety. .

TOP 10 HIGH PAYING TOP 10 HIGH PAYING JOBS IN THE JOBS IN THE PHILIPPINES*PHILIPPINES*

1. Art director: P69,286 / month2. Geologist: P64,889 / month3. Aircraft pilot/navigator/flight engineer: P57,789 /

month4. Mining/metallurgical engineer: P55,638 / month5. Computer programmer: P43,573 / month6. Systems analyst/designer: P42,112 / month7. Production supervisor/general foreman: P36,133 /

month8. Actuarian: P35,480 / month9. Call center representative/customer service

associate: P35,424 / month10. Statistician: P35,010 / month

“Labor Market Trends” December 2012: Bureau of Local Employment

Arts and Sciences Information Technology

(IT) CoursesEngineering CoursesBusiness Management

LOCAL LOCAL EMPLOYMENTEMPLOYMENT

EMPLOYMENT EMPLOYMENT OPPORTUNITIES OPPORTUNITIES

ABROADABROAD

Hotel and Restaurant / Hospitality

HealthcareEngineering

• For every 100 students that enter gradeschool, only 11 are able to graduate from college.

• The high cost of education high cost of education in the Philippines is the main reason why there is an increase in the drop-out rate in the country.

• Every year, tuition fees increasetuition fees increase an average of 5 5 to 15 percent*to 15 percent*.

HARD FACTSHARD FACTS

*Philippine Daily Inquirer – Article by Randell Tiongson, May 17, 2011

Why are tuition fees in the Philippines high and why do they continue to

increase?

• Schools are business entities that incur regular operational expenses.

• In order to continue providing quality education, they need to generate enough income in order to recover from all these expenses.

• What are these expenses?• Faculty Staff • Non-Teaching Personnel• Facilities, Supplies and Equipment• Maintenance of Facilities and Equipment• Development of Facilities and Equipment• Utilities, etc.

If these expenses continue to rise, schools

are also left with no choice but to increase

their tuition fees.

How can Parents protect How can Parents protect themselves and their themselves and their

children from tuition fee children from tuition fee increases? increases?

What Solution Should What Solution Should Parents Turn To?Parents Turn To?

• A solution that doesdoes notnot requirerequire a largelarge amountamount of moneymoney immediately.

• A solution that is notnot affectedaffected by the increaseincrease in tuition feetuition fee caused by inflation.

• A solution that will allow parents to realize their children’s dreamdream of getting high-high-payingpaying jobsjobs.

• A solution that is affordableaffordable but does not sacrifice the quality of educationquality of education given to their children.

• Assures parents that they will no longer be affected by tuition fee increases.• Protects the future of our Planholders’ children from unforeseen events that may happen.

STI and PhilPlans’ Memorandum of Agreement

STI guarantees that planholders of the STI Plan from PhilPlans shall be protected against tuition fee

increases.

• Established in 1983 with the mission to train people in Programming and Information Technology.

• In 2006, STI diversified its programs to include Health, Arts, Business and Management, Hospitality and Culinary education.

• Now, STI is the Philippines’ leading tertiary education provider with approximately 67,361 students in 65 STI College campuses and 20 STI Educational Centres nationwide.

SSystems ystems TTechnology echnology IInstitutenstitute

STI Proposed STI Proposed Business CentersBusiness Centers

Architect (concept): JSLAGeneral Contractor: MCDCConstruction Manager: CMGI

Proposed Proposed STI Academic Center STI Academic Center CubaoCubao

No. 156 P. Tuazon Blvd. cor. 5th Avenue, Brgy. Socorro, Cubao, Quezon City

Lot Area: 3,768 sq. m.

Acquisition Price: Php226M

Architect: JLSAGeneral Contractor: MCDCConstruction Manager: CMGI

Proposed Proposed STI Academic Center STI Academic Center CaloocanCaloocan

Samson Road cor. Caimito Road, Caloocan City

Lot Area: 15,495 sqm.

Acquisition Price: Php 254M

Architect (concept): WVCAGeneral Contractor: NGCBConstruction Manager: CMGI

Proposed Proposed STI Academic Center STI Academic Center Ortigas-CaintaOrtigas-Cainta

Ortigas Avenue Extension, cor. Hunter ROTC Avenue,

Cainta, RizalLot Area: 39,880 sq. m.

Acquisition Price: Php291M

Architect (concept): JLSAGeneral Contractor: NGCBConstruction Manager: CMGI

Proposed Proposed STI Academic Center STI Academic Center Las PiñasLas Piñas

Alabang Zapote Road, Las Piñas City


Architect (concept): JSLAGeneral Contractor: NGCBConstruction Manager: CMGI

Proposed Proposed STI Academic Center STI Academic Center CalambaCalamba

National Highway, Lecheria, Calamba City

Lot Area: Approx. 6,248.23 sqm.

Architect: JSLAGeneral Contractor: MGCBConstruction Manager: CMGI

Proposed Proposed STI Academic Center STI Academic Center LucenaLucena

Quezon Avenue, cor. Don Perez St.,

Poblacion, Lucena City


•Pioneered the Enrollment to Employment (E2E) System.‐ STI ensures that students get

applicable educationeducation, job market skillsjob market skills, job preparednessjob preparedness, and job placement job placement assistanceassistance.

‐ Students given the opportunity to undergo on-the-job trainingon-the-job training with some of STI’s reputable partner companiesSTI’s reputable partner companies.

•The E2E System has redefined the landscape of the education sector.

Programs Programs OfferedOffered

• Information and Communications Technology (ICT)

• Healthcare• Business and Management• Tourism and Hospitality

Management• Engineering• Arts and Sciences• Center of Arts

1. Bachelor of Science in Bachelor of Science in Computer Science (BSCS) Computer Science (BSCS)

Bachelor of Science in Bachelor of Science in Information Technology (BSIT) Information Technology (BSIT)

2- yr. Associate in Computer 2- yr. Associate in Computer Technology (ACT) Technology (ACT)

2 - yr. Information Technology 2 - yr. Information Technology (IT)(IT)

Information & Communications Technology

STI’s ICT programs highlight the importance of information and communications technologies for business growth; training you to develop solutions through various programming tools and techniques.


2. HealthcareSTI’s multidisciplinary approach to health science education integrates learning from the Humanities, Natural Sciences, Behavioral Sciences, Health Science Theories and the use of computer technologies in healthcare.

Bachelor of Science in Nursing Bachelor of Science in Nursing (BSN) (BSN)

2 - yr. Practical Nursing (PNP) 2 - yr. Practical Nursing (PNP)


3.

Bachelor of Science in Business Management Bachelor of Science in Business Management Major in Operations (BSBM) Major in Operations (BSBM)

Bachelor of Science in Office Administration Bachelor of Science in Office Administration with Specialization in Customer Relation with Specialization in Customer Relation (BSOAC) (BSOAC)

Bachelor of Science in Accounting Technology Bachelor of Science in Accounting Technology (BSAT) (BSAT)

Bachelor of Science in Business Bachelor of Science in Business Administration (BSBA) Administration (BSBA)

Business & ManagementFocused on building and strengthening management, entrepreneurship, and ICT skills of students, the Business an d Management programs of STI prepares them to face real life challenges in the global business environment.


4. Bachelor of Science in Hotel & Bachelor of Science in Hotel & Restaurant Management Restaurant Management (BSHRM) (BSHRM)

Bachelor of Science in Tourism Bachelor of Science in Tourism Management (BSTM) Management (BSTM)

Bachelor of Science in Travel Bachelor of Science in Travel Management (BSTRM) Management (BSTRM)

Bachelor of Science in Culinary Bachelor of Science in Culinary Management (BSCM)Management (BSCM)

Tourism and HospitalityDiscover the world of opportunities through STI’s Travel and Tourism programs that cover itinerary planning, costing, marketing, sales and tour guiding.

3 - yr. Hotel & Restaurant Administration 3 - yr. Hotel & Restaurant Administration (HRA) (HRA)

2 - yr. Hospitality & Restaurant Services 2 - yr. Hospitality & Restaurant Services (HRS) (HRS)

2 - yr. Tourism and Events Management 2 - yr. Tourism and Events Management (TEM) (TEM)


5. Bachelor of Science in Bachelor of Science in Computer Engineering Computer Engineering (BSCOE) (BSCOE)

2 - yr. Computer and 2 - yr. Computer and Consumer Electronics with Consumer Electronics with Broadband Technology (CCE) Broadband Technology (CCE)

EngineeringSTI's Engineering programs prepare students to manage areas in electronics, data communications, software development, microprocessor systems and robotics.


6. Arts & SciencesPrograms that develop interactive creations using combined forms of various media - text, graphics, audio, and video. Students will be taught creative principles from visual design to multimedia production.

2 - yr. Multimedia Arts (MMA) 2 - yr. Multimedia Arts (MMA) Bachelor of Arts in Communication Arts Bachelor of Arts in Communication Arts

(ABCOMARTS) (ABCOMARTS)


7. Center of Arts


VisionVision

To be the To be the leaderleader in in innovativeinnovative and and relevantrelevant educationeducation that nurtures that nurtures individuals to become individuals to become competentcompetent

and and responsibleresponsible membersmembers ofof societysociety..

MissionMission

An institution committed to An institution committed to provideprovide knowledgeknowledge through through

the the developmentdevelopment and and deliverydelivery of of superiorsuperior learninglearning

systemssystems..

PhilPlansPhilPlansMISSION:MISSION:

We are committed to helphelp Filipino families securesecure theirtheir futurefuture through our

financial planning programs and services

VISION:VISION: To be the most trusted pre-need

company by providing beneficial productsbeneficial products and excellent servicesexcellent services to planholders

sales partners and employees.

Last 2012, PhilPlans had a consolidated NetNet IncomeIncome of Php 1.6 BillionPhp 1.6 Billion with TotalTotal Maturity Benefits Maturity Benefits PaidPaid amounting to Php 2.2 BillionPhp 2.2 Billion.

– Php 20 Million to Memorial Planholders – Php 1.1 Billion to Pension Planholders

– Php 1 Billion to Education Php 1 Billion to Education PlanholdersPlanholders

A mission to A mission to helphelp FilipinoFilipino familiesfamiliesachieve their dream of achieve their dream of securingsecuring

thethefuturefuture of their children through of their children through

qualityqualityeducationeducation that is not affected by that is not affected by

inflation.inflation.

The key for your child’s bridge between dreaming and The key for your child’s bridge between dreaming and living their dreams. living their dreams.

STI College Plan STI College Plan OverviewOverview

A child is expected to enter college enter college at age 17at age 17.

Table from the Official Gazette: www.gov.ph


0-7 yrs. old

10 yrs10 yrs11 yrs11 yrs12 yrs12 yrs13 yrs13 yrs14 yrs14 yrs15 yrs15 yrs16 yrs16 yrs17 yrs17 yrsAge of Nominee

Years before College

below 1 yr. old 17 years1 yr. old 16 years2 yr. old 15 years3 yr. old 14 years4 yr. old 13 years5 yr. old 12 years6 yr. old 11 years7 yr. old 10 years

Maturity Period Optionsthe Planholder may choose a Maturity

Date between the 10th and the 17th Year


17 yrs17 yrsoldold

Guaranteed STI Guaranteed STI Education BenefitEducation Benefit

11stst Year YearCollegeCollege

22ndnd Year YearCollegeCollege

33rdrd Year YearCollegeCollege

44thth Year YearCollegeCollege

First Enrollment Bonus First Enrollment Bonus • Metro Manila STI Branch Metro Manila STI Branch

=30% of PNP=30% of PNP• Provincial STI Branch = Provincial STI Branch =

40% of PNP40% of PNP

00 5511

Paying Period

OptionsCredit Life and Credit Life and Disability Disability (Waiver of (Waiver of

Installments)Installments)

Accidental Accidental Death and Death and

Disability Disability (200% (200% of PNP)of PNP)

Term Life Insurance (100% of PNP)Term Life Insurance (100% of PNP)

MaturityMaturity

Product BenefitsProduct Benefits

• Product Benefits– Guaranteed STI College Education

Benefit– First Enrollment Bonus

• Insurance Benefits (for Planholder)– Credit Life– Disability Benefit– Accidental Death and Disability– Term Life Insurance

Guaranteed STI Guaranteed STI College Education College Education

Benefit*Benefit*

Guaranteed coverage of tuition fees and applicable miscellaneous fees, regardless of the increase in tuition

fees due to inflation, upon enrollment in STI.

* The Planholder may enroll his/her Nominee within five (5) years starting from the Maturity Date. If the Nominee does not enroll within the five year period, PhilPlans will return the amount of the PNP back to the Planholder.

Guaranteed STI Guaranteed STI College Education College Education

BenefitBenefit• Tuition Fees (inclusive of Lecture Fees, NSTP, OJT and PE)• Miscellaneous Fees*:

– Instructional Materials & Equipment– Handbook – Identification Card– Insurance– Journal and Publications– Library Fee– Network Events Fee– Registration Fee– Software Licensing Fee– Student Development Fee– Student Services Fee

* All fees not included in the above list is not covered by the Plan.

First Enrollment First Enrollment BonusBonus

Fixed cash amount given to the Planholder upon enrollment in STI. Amount of First Enrollment Bonus is

equivalent to: – 30% of PNP if enrolled in any Manila STI

Branch– 40% of PNP if enrolled in any Provincial

STI Branch


Example: Example: 4-Year College Program4-Year College Program 5-Pay; 17 yrs. to Mature5-Pay; 17 yrs. to Mature PNP = Php 125,000PNP = Php 125,000

Manila Province

30% of PNP 40% of PNP

Php 125,000 x 0.30 = Php 125,000 x 0.40 =

Php 37,500 Php 50,000


Example: Example: 2-Year College Program2-Year College Program 5-Pay; 17 yrs. to Mature5-Pay; 17 yrs. to Mature PNP = Php 83,000PNP = Php 83,000

Manila Province

30% of PNP 40% of PNP

Php 83,000 x 0.30 = Php 83,000 x 0.40 =

Php 24,900 Php 33,200

ZoningZoningMetro Manila Northern Luzon Southern Luzon Visayas Mindanao

STI College – Alabang STI Alaminos STI College – Bacoor STI Bacolod STI College – Cagayan De OroSTI College – Caloocan STI College – Angeles STI College – Balayan STI College – Bacolod STI College – CotabatoSTI College – Cubao STI College – Baguio STI College – Batangas STI Calbayog STI College – DavaoSTI College – Fairview STI College – Balagtas STI College – Calamba STI College – Cebu STI DigosSTI College – Global City STI College – Balanga STI College – Dasmariñas STI Dumaguete STI DipologSTI College – Las Piñas STI College – Baliuag STI College – Legazpi STI College – Iloilo STI College – General SantosSTI College – Makati STI Cauayan STI College – Lipa STI College – Kalibo STI College – IliganSTI College – Marikina STI College – Dagupan STI College – Lucena STI Maasin STI KidapawanSTI College – Muñoz-EDSA STI Ilagan STI College – Naga STI College – Ormoc STI College – KoronadalSTI College – Novaliches STI Laoag STI College – Ortigas-Cainta STI College – Tacloban STI MalaybalaySTI College – Parañaque STI College – La Union STI College – Puerto Princesa STI College – Tagbilaran STI OzamisSTI Pasay STI College – Malolos STI College – Rosario STI PagadianSTI College – Quezon Avenue STI College – Meycauayan STI College – San Pablo STI College – SurigaoSTI College – Recto STI San Carlos STI College – Southwoods STI San FranciscoSTI College – Shaw STI College – San Fernando STI College – Sta. Cruz STI College – TacurongSTI College – Taft STI College – San Jose STI College – Santa Rosa STI Tagum

STI College – Santiago STI College – Tagaytay STI ValenciaSTI College – Sta. Maria STI College – Tanauan STI College – ZamboangaSTI College – Tarlac STI College – TanaySTI College – TuguegaraoSTI College – Vigan


17 yrs17 yrsoldold




3rd Year3rd YearCollegeCollege





MaturityMaturity

Insurance BenefitsInsurance Benefits

17 yrs17 yrsoldold









00 5511

Paying Period

Options

MaturityMaturity

Credit LifeCredit Life

Accidental Accidental Death and Death and

Disability Disability (200% (200% of PNP)of PNP)

Term Life Insurance (100% of PNP)Term Life Insurance (100% of PNP)

Disability Disability BenefitBenefit

Insurance Benefits Insurance Benefits for the Planholderfor the Planholder

• During Paying Period– Credit Life– Disability Benefit– Accidental Death and Disability

• During Paying Period until before Maturity – Term Life Insurance

Insurance BenefitsInsurance Benefits

Paying Period

1 52 43


Paying Period: 5-PayCollege Program: 4-YrMaturity: 17 yrs.Annual Installment: Php 25,000PNP: Php 125,000


Waiver of InstallmentsIf the Planholder dies during the

paying period and before the attainment of age 65*, 100% of the

balance is fully paid.

* Actual Age

Paying Period


1 52 43

Planholder dies before paying the third installmentRemaining Balance is Paid

Balance is Paid Off



Paying Period


1 52 43





Waiver of InstallmentsIf the Planholder becomes totally or totally or permanently disabled**permanently disabled** during the

paying period and before the attainment of age 65*, 100% of the

balance is fully paid.

* Actual Age**Subject to a 6-month observation period; disability claim must be filed within 180 days.

Paying Period


1 52 43

Planholder becomes Totally and Permanently Disabled before paying the Third InstallmentRemaining Balance is Paid

Disability Disability BenefitBenefit Balance is Paid Off



Paying Period


1 52 43


Accidental Accidental Death and Death and DisabilityDisability

Balance is Paid Off

Balance is Paid Off


Accidental Death Accidental Death and Disability and Disability

In case of death or total and permanent disability** of the

planholder due to an accidentdue to an accident during during the the paying periodthe the paying period and before the before the attainment of age 65*attainment of age 65*, the Planholder or his beneficiary will be entitled to an amount equal to 200% of the PNP.

* Actual Age**Subject to a 6-month observation period; disability claim must be filed within 180 days.



Paying Period


1 52 43

Disability Disability BenefitBenefit Balance is Paid Off

Balance is Paid Off

If Planholder dies or becomes Totally or Permanently Disabled during the Paying Period

Php 250,000Php 250,000


will be given to the Planholder or his/her beneficiary


Paying Period


1 52 43



Balance is Paid Off

Balance is Paid Off

Term Life InsuranceTerm Life Insurance


Term Life Term Life InsuranceInsurance

In case of death of the planholder before maturity and before the

attainment of age 65*, his beneficiary will be entitled to an amount equal to

100% of the PNP.

* Actual Age


Paying Period

1 52 43



17 Years

Maturity

If Planholder dies due to Accident or Natural Causes during the Paying Period and before

Maturity

Php 125,000Php 125,000will be given to the Planholder’s beneficiary as Term Life Insurance


Paying Period


1 52 43



Balance is Paid Off

Balance is Paid Off



Insurance Insurance BenefitsBenefits

(200% of PNP) = Php 250,000

(100% of PNP) = Php 125,000

17 Years

Maturity

Programs Programs AvailableAvailable

Program Maturity Period2-Year Basic College 10-17 yrs4-Year Basic College 10-17 yrs

Maturity17 years - Age of Child =

Age of NomineeBelow 1 yr. old

1 yr. old2 yrs. old

3 yrs. old

4 yrs. old

5 yrs. old

6 yrs. old

7 yrs. old

Maturity Period 17 years16

years15

years14

years13

years12

years11

years10

years

Available PlansAvailable Plans

PNP Annual PNP Annual PNP Annual PNP Annual

10 70,300 70,300 110,000 22,000 10 125,000 125,000 172,000 34,400

11 66,200 66,200 104,000 20,800 11 120,000 120,000 161,000 32,200

12 62,600 62,600 98,500 19,700 12 115,000 115,000 151,500 30,300

13 61,800 61,800 96,500 19,300 13 110,000 110,000 148,000 29,600

14 58,800 58,800 92,000 18,400 14 105,000 105,000 140,000 28,000

15 56,000 56,000 88,000 17,600 15 100,000 100,000 135,000 27,000

16 55,400 55,400 86,500 17,300 16 95,000 95,000 131,000 26,200

17 53,000 53,000 83,000 16,600 17 90,000 90,000 125,000 25,000

2 Year College

Years to Mature

1 pay 5 pay

4 Year College

Years to Mature

1 pay 5 pay

Amounts are exclusive of VAT

Paying Period and Paying Period and Payment Mode Payment Mode

OptionsOptions•Paying Period:

1-Pay and 5-Pay

•Payment Modes and Modal Factors

•VAT = 5.88%

Mode of Payment Modal FactorAnnual 1Semi-Annual 0.525Quarterly 0.267Monthly 0.09

ExampleExample

PNP = Php 125,000 Paying Period = 5-Pay Annual Installment = Php 25,000

Mode of Payment

Annual Installment

(PhP) Modal Factor VAT Rate

Modal Installment +

VAT (PhP)Annual 25,000.00 1 5.88% 26,470.00Semi-Annual 25,000.00 0.525 5.88% 13,896.75Quarterly 25,000.00 0.267 5.88% 7,067.49Monthly 25,000.00 0.09 5.88% 2,382.30

Annual Annual InstallmentInstallment

X Modal FactorX Modal Factor X 1.0588X 1.0588 = Modal Installment= Modal Installment+VAT+VAT

Computation:

Benefits Benefits SummarySummary

Plan Effectivity Date: Jan 1, Plan Effectivity Date: Jan 1, 20132013Program: 4-yr CollegeProgram: 4-yr CollegePay Period: 5 YearsPay Period: 5 YearsMaturity: 17 yrsMaturity: 17 yrsMode: AnnualMode: AnnualAnnual Installment: Annual Installment: Php26,470*Php26,470*PNP: Php 125,000PNP: Php 125,000

11 55

*Amounts are inclusive of VAT

17 Years17 Years






First Enrollment Bonus First Enrollment Bonus • Metro Manila STI Branch = Metro Manila STI Branch =

PHP 37,500PHP 37,500• Provincial STI Branch = PHP Provincial STI Branch = PHP

50,00050,000

MaturityMaturityJan 1, 2030Jan 1, 2030

Php26,470*Php26,470*Php26,470*Php26,470*Php26,470*

Credit Life Credit Life and Disabilityand Disability

Accidental Accidental Death and Death and Disability Disability (Php250,000)(Php250,000)

Balance Paid

200% of PNP

Term Life Insurance (Php125,000)Term Life Insurance (Php125,000) 100% of PNP


11 55






If Planholder dies during the Paying Period (Dec 31, 2013):

• Due to Accident: o Credit Life: Unpaid Balance Waivedo AD&D: 200 % of PNPo Term Life: 100 % of PNP

Php 125,000 - Php 25,000 = Php 100,000Php 100,000Amount Amount WaivedWaived

Php 125,000 X 100 % =Php 125,000 Php 125,000 Given to Given to BeneficiaryBeneficiary

Php 125,000 X 200 % =Php 250,000 Php 250,000 Given to Given to BeneficiaryBeneficiaryPhp 375,000Php 375,000

Amount given to BeneficiaryAmount given to Beneficiary

Php 100,000Php 100,000Balance is Paid OffBalance is Paid Off



11 55






If Planholder dies during the Paying Period (Dec 31, 2013):

• Due to Natural Death: o Credit Life: Unpaid Balance Waivedo Term Life: 100 % of PNP

Php 125,000 - Php 25,000 = Php 100,000Php 100,000Balance is Balance is Paid OffPaid Off

Php 125,000 X 100 % =Php 125,000 Php 125,000 Given to Given to BeneficiaryBeneficiary



11 55





Term Life InsuranceTerm Life InsurancePhp 125,000 X 100 % =Php 125,000 Php 125,000 Given to Given to BeneficiaryBeneficiary

17 Years17 Years

If Planholder dies after the Paying Period and Before Maturity (Dec 31, 2029):

• Due to Accident or Natural Death: o Term Life: 100 % of PNP




11 55







If Planholder becomes TPD during the Paying Period (Dec 31, 2013):

• Due to Accident: o Disability Benefit: Unpaid Balance Waivedo AD&D: 200 % of PNP

Php 125,000 X 200 % =Php 250,000 Php 250,000 Given to the Given to the PlanholderPlanholder



11 55







If Planholder becomes TPD during the Paying Period (Dec 31, 2013):

• Due to Natural Causes: o Disability Benefit: Unpaid Balance Waived




11 55


17 Years17 Years






First Enrollment Bonus First Enrollment Bonus • Metro Manila STI Branch = Metro Manila STI Branch =

PHP 37,500PHP 37,500• Provincial STI Branch = PHP Provincial STI Branch = PHP

50,00050,000




Accidental Accidental Death and Death and Disability Disability (Php250,000)(Php250,000)

Balance Paid

200% of PNP

Term Life Insurance (Php125,000)Term Life Insurance (Php125,000) 100% of PNP

Target Target MarketMarket

Who is your Target Market?

•Ideal age: 25-45 years old•Ideal combined gross monthly income:

PhP 36,000+

Young Couples

How do you Position?

Product Highlights–Guaranteed Inflation-Free

Education• STI Education Benefit• First Enrollment Bonus

–Protection for Planholder

Other FeaturesOther Features

Acceptance AgeAcceptance Age

With Insurance Benefit (WIB)

No Insurance Benefit (NIB)

18 – 64 years old* 18 – 99 years old

In good health

Note: A Planholder with insurance benefits will undergo a 1-Year Contestability.

*Actual Age

Death due to Health Reasons• The Insurer conducts an investigation if death

occurs within one (1) year from the plan effective date.

• Provides the Insurer the right to deny claims due to concealment of facts on the application. Contestability Period

EFFECTIVITY DATE 1 YEAR FROM EFFECTIVITY DATE

The insurer can no longer contest claims after the plan has remained in force for (1) year except for gross fraud.

December 31, 2013January 1, 2013

IncontestabilityIncontestability

• All rights and privileges of a plan may be transferred to another person, subject to the following conditions:–Plan must be in force–Request in writing (Standard

Company Form)

–New Application form

TransferabilityTransferability

• The Planholder may choose to change the Nominee any number of times subject to the following conditions: –Plan must be in force–Request in Writing–Maturity Date will be the same

Change of Change of NomineeNominee

Grace Period*Grace Period*

A plan with unpaid installments is given 60 days as Grace Period to

become current without surcharges.

*During this period, the plan is considered delinquent but the PH is still covered by all insurance riders, if any, within the 60 days.

Plan Termination Plan Termination Value* (PTV)Value* (PTV)

If the planholder cannot continue to pay for the plan, he may opt to

terminate the plan.

He can surrender his plan under the provision called the Plan Termination Value, which is included in the Plan

Contract.*The option to get the Plan Termination Value is only available if the Plan is in-force.

Refers to a Lapsed Plan that has a Plan Termination Value. A plan is

deemed Lapsed if installments are left unpaid after Grace Period.

Quick Paid-Up Quick Paid-Up Status*Status*

*As soon as the Plan reaches the Quick Paid Up status the PH is no longer covered by any insurance rider.

• As soon as the Plan enters a Quick-Paid-Up Status, the Planholder is left with the option to:

1. Reinstate the plan2. Quick Paid-Up Benefit3. Reduced Maturity Benefit

Quick Paid-Up Quick Paid-Up Status*Status*

1. Reinstatement1. Reinstatement

A plan with unpaid payments after the grace period is considered Lapsed*.

The Plan may undergo Pure Reinstatement if all overdue

installments are paid with surcharge at the prevailing rate, plus fees and other

charges.*Once the plan is considered lapsed , the PH is no longer covered by any insurance rider. Coverage will resume upon Reinstatement and the Planholder will undergo a 1-year contestability period.

2. Quick Paid-Up 2. Quick Paid-Up BenefitBenefit

The amount of Plan Termination Value, if already available at the time the

plan has lapsed, plus any accumulated interest prior to Maturity.

*Once the Quick-Paid Up Benefit has been availed by the Planholder, the Plan Contract is deemed cancelled.

3. Reduced Maturity 3. Reduced Maturity BenefitBenefit

The amount of Plan Termination Value, if already available at the time the plan has lapsed, plus accumulated rate, if any, from time the plan has

lapsed until Maturity.

Grace PeriodDELINQUENT

Last Due Date

60 Days

Quick Paid-Up Status

2 Years

Note: the Planholder will undergo 1 year contestability after Reinstatement

Reinstatement and Reinstatement and Quick Paid-Up Quick Paid-Up

OverviewOverview

Reinstatement PeriodLAPSED

Quick Paid-Up BenefitQuick Paid-Up Benefit

Maturity Date

Reduced Reduced Maturity BenefitMaturity Benefit

Potential IncomePotential Income

For 5-Pay

Commission Commission RatesRates

Year 1 Year 2Basic Commission 20% of FYP 5% of 2YP

Agent Bonus 5% of FYP N/A

Productivity Bonus* 5% of FYP N/A

*For every 4 Plan Count or PhP50,000 FP (cumulative) validated every month

Sample Sample Computation: Computation: 5-Pay; 10 yrs. to 5-Pay; 10 yrs. to mature*mature*STI Plan: 5-Pay ,

Program: 4-Yr College Program; 10 yrs. to MaturePNP = Php172,000Annual Installment of Php34,400

*With the assumption that the Sales Counsellor has sold 4 plans

GROSS BASIC COMMISSION LESS

NET BASIC COMMISSION

YEAR 1

Basic Commission 6,880.00 1,376 .00(15% TAX + 5% CBR)

5,504.00

Agent's Bonus 1,720.00Productivity Bonus 1,720.00Total 10,320.00 1,892.00 8,428.00

YEAR 1 POTENTIAL NET INCOME 8,428.00

516.00(15% TAX)

2,924.00

YEAR 2

Basic Commission 1,720.00 344.00(15% TAX + 5% CBR)

1,376.00


POTENTIAL NET INCOME 9,804.00

Sample Sample Computation: Computation: 5-Pay; 17 yrs. to 5-Pay; 17 yrs. to mature*mature*STI Plan: 5-Pay ,

Program: 4-Yr College Program; 17 yrs. to MaturePNP = Php125,000Annual Installment of Php25,000

*With the assumption that the Sales Counsellor has sold 4 plans



YEAR 1

Basic Commission 5,000.00 1,000.00(15% VAT + 5% CBR)

4,000.00

Agent's Bonus 1,250.00Productivity Bonus 1,250.00Total 7,500.00 1,750.00 5,750.00


750.00(15% VAT)

1,750.00

YEAR 2

Basic Commission 1,250.00 250.00(15% VAT + 5% CBR)

1,000.00



For 1-Pay

Commission Commission RatesRates

Year 1Basic Commission 5% of FYP

Agent Bonus 5% of FYP

Sample Sample Computation: Computation: 1-Pay; 10 yrs. to 1-Pay; 10 yrs. to maturemature

STI College Plan: 1-PayProgram: 4-Yr College; 10 yrs to MaturePNP = Php125,000



Basic Commission 6,250.00 1,250.00(15% TAX + 5% CBR)

5,000.00

Agent's Bonus 6,250.00 937.50(15% TAX)

5,312.50

Total 12,500.00 2,187.50 10,312.50


Sample Sample Computation: Computation: 1-Pay; 17 yrs. to 1-Pay; 17 yrs. to maturemature

STI College Plan: 1-PayProgram: 4-Yr College; 10 yrs to MaturePNP = Php125,000



Basic Commission 4,500.00 900.00(15% VAT + 5% CBR)

3,600.00

Agent's Bonus 4,500.00 675.00(15% VAT)

3,825.00

Total 9,000.00 1,575.00 7,425.00


FAQsFAQs

• Upon application, can a planholder get a plan without a nominee?– Yes.

• If my nominee has a plan, does it mean they have a sure seat on the STI Branch they prefer to enroll in? – Yes, as long as they take STI’s admission exam.

• Does the plan cover all courses offered by STI?– Yes.

FAQsFAQs

• What if the Nominee is unable to enter college upon maturity, can he/she still use the plan once he decides to start college?– Yes, as long as he/she enrolls within the 5-year

window.

• What is the 5-year window? – The Planholder is given within five (5) years

from the Maturity Date to enroll his/her Nominee at any STI School. The plan must be fully utilized within eight (8) years from the time of the Plan’s maturity.

FAQsFAQs

• What happens if the Nominee does not enroll at STI? – PhilPlans will return the amount of the Pre-Need

Price to the Planholder.– The First Enrollment Bonus is forfeited.

• If the nominee enrolls and finishes a 2-yr College Course but his plan is for a 4-yr College Course, what happens to the unused portion of the plan?– The Redemption Value of the unused portion of

the plan will be returned to the Planholder.

FAQsFAQs

• How much is the Redemption Value?– Fixed Redemption Values are reflected on the

Memorandum of Agreement between PhilPlans and STI.

• If the nominee stops studying during availment, will the plan still cover the remaining years/semesters when he/she decides to continue his/her studies at STI?– Yes, as long as the nominee completes the

course within eight (8) years from maturity.

FAQsFAQs

• What happens to the unused portion of the plan if the Nominee is unable to finish his course within 8 years from maturity.– The Redemption Value of the unused units and/or

semesters will be given to the planholder.

• If the nominee decides not to take a particular subject during a semester, will the plan still cover the units for that subject once he/she decides to take it?– The plan education benefit shall only cover a standard full

load of units per semester according to the assigned curriculum. Should a Student fail to utilize the full load of units in any semester, the unused unit allocation shall be forfeited. Also, any additional units that a student wishes to take during any semester shall be for his/her own account.

FAQsFAQs

• What if the nominee fails a subject, will the plan still cover the units in case he/she retakes the subject?– Yes, as long as the total units that the Nominee take

does not exceed the full load of units allowed for his course curriculum for that semester.

• What if the nominee transfers from one STI Branch to another? Will the STI Education Benefit be affected?– No. If the nominee transfers to another STI School

regardless of tuition fee rates between the two branches, NEITHER the PH nor nominee is required to pay the difference.

Advantages of Advantages of Having an STI Having an STI College PlanCollege Plan

• Guaranteed STI Education (for the Nominee) Not affected by Tuition Fee

Increase Quality Education Opportunity to choose from a

wide range of Career Programs that offer the most in-demand courses here and abroad

Enrollment to Employment Opportunities

• Insurance Protection (for the Planholder)

How To SellHow To Sell

4-Yr College 4-Yr College ProgramProgram


11 55


17 Years17 Years






First First Enrollment Enrollment

Bonus Bonus PhP 37,500PhP 37,500





Balance Paid

PhP 250,000

Term Life InsuranceTerm Life Insurance PhP 125,000PhP 125,000

Metro ManilaMetro Manila



11 55


17 Years17 Years












Balance Paid

PhP 250,000


ProvinceProvince


Plan Effectivity Date: Jan 1, Plan Effectivity Date: Jan 1, 20132013Program: 2-yr CollegeProgram: 2-yr CollegePay Period: 5 YearsPay Period: 5 YearsMaturity: 17 yrsMaturity: 17 yrsMode: AnnualMode: AnnualAnnual Installment: Annual Installment: Php17,576.08*Php17,576.08*PNP: Php 83,000PNP: Php 83,000

11 55


17 Years17 Years







Php17,576.08*Php17,576.08*Php17,576.08*

Php17,576.08*Php17,576.08*



Balance Paid

PhP 166,000


Metro ManilaMetro Manila


Plan Effectivity Date: Jan 1, Plan Effectivity Date: Jan 1, 20132013Program: 2-yr CollegeProgram: 2-yr CollegePay Period: 5 YearsPay Period: 5 YearsMaturity: 17 yrsMaturity: 17 yrsMode: AnnualMode: AnnualAnnual Installment: Annual Installment: Php17,576.08*Php17,576.08*PNP: Php 83,000PNP: Php 83,000

11 55


17 Years17 Years







Php17,576.08*Php17,576.08*Php17,576.08*

Php17,576.08*Php17,576.08*



Balance Paid

PhP 166,000


ProvinceProvince

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