Preserve Your Wealth

Elite is a single premium variable life insurance product that most importantly, shields the insured’s wealth from estate taxes.There is no sales charge deducted from the premium invested.

pioneerdirect elite

Elite is ideal for those who are looking to preserve their wealth for their off-spring / heirs while taking advantage of the growth opportunities because it is linked to funds composed of securities that are managed expertly by our seasoned investment professionals.


  • Currency: Philippine Peso
  • Maximum Issue Age:
    • Insured – 75 years; Payor – none
  • Minimum Issue Age:
    • Insured – 14 days; Payor – 18 years
  • Minimum Single Premium: Php 500,000
  • Policy Amount: 125% of the Single Premium less 125% of withdrawals
  • Death Benefit: Fund Value OR Policy Amount, whichever is higher
  • Available Investment Funds: Equity | Managed
  • Policy Fee: Php 3,000
  • Automatic Acceptance Limits:
    • Applicant is accepted without medical underwriting.
    • 71 to 75 years – Php 10M
    • 56 to 70 years – Php 20M
    • 0 to 55 years – Php 40M
  • Surrender / Withdrawal Charges:
    • 5 policy years and above – 0%
    • 4 policy years to less than 5 policy years – 1%
    • 3 policy years to less than 4 policy years – 2%
    • 2 policy years to less than 3 policy years – 3%
    • 1 policy year to less than 2 policy years – 4%
    • Less than 1 policy year – 5%


BDO Unibank, Inc (BDO) is a full-service global bank providing a broad range of retail, commercial and corporate banking services.

Pioneer Life’s variable funds are managed by BDO Trust and Investment Group (BDO Trust) which provides solutions and strategies to achieve the varying investment objectives of its clients. It maintains its position at the forefront of the Philippines’ trust industry and has more than 835 branches in the country, and overseas representative and remittance offices in Middle East, North America, Europe and Asia. In 2014, BDO ranked as the largest bank in terms of total capital, loans, deposits, assets and trust funds under management.

Inquire now and expect a call in 24 hours!