Fonus Life Plan
An affordable, fixed-premium life and memorial plan for Fairchild Cooperative members — designed to ease the burden on the people you leave behind.
Why Choose Fonus Life Plan?
Fixed monthly premium for the life of your plan
Convenient 60-month automatic monthly deduction
Protection and memorial benefits built for Fairchild members
Fonus Life Plan Options.
Choose from a range of plans with fixed monthly payments and corresponding contract prices, sized to fit your budget and preferred level of coverage.
| Plan Name | Monthly | Contract Price |
|---|---|---|
| Fonus Essential | ₱950.00 | ₱48,000.00 |
| Fonus Value | ₱1,150.00 | ₱58,000.00 |
| Fonus Select | ₱1,380.00 | ₱70,000.00 |
| Fonus Premier | ₱1,850.00 | ₱94,000.00 |
| Fonus Elite | ₱2,350.00 | ₱119,500.00 |
| Fonus Legacy | ₱2,950.00 | ₱150,000.00 |
Fixed, Fully-Paid Coverage
60-month automatic monthly deduction — after which your plan is fully paid.
Figures shown are illustrative starting rates. Final pricing, terms, and eligibility are subject to Fairchild Cooperative's official Fonus Life Plan policy documents.
Protection Features
Key Benefits of the Fonus Life Plan
These benefits help protect your family against unexpected expenses, subject to the plan's age and eligibility conditions at the time of purchase.
Cash Benefit
Beneficiaries may receive a cash benefit of up to the full contract price if the planholder passes away within the covered age and benefit period.
Balance Waived on Death
Any remaining balance may be considered fully settled if the planholder passes away while within the insurable age and paying period.
Disability Waiver
Installment payments may be waived if the planholder experiences a qualifying continuous disability during the paying period.
Accidental Death & Dismemberment
A cash benefit may be provided for accidental loss of life, limbs, or sight, subject to the plan's age and eligibility conditions.
Plan Features
Additional Plan Advantages
Beyond protection benefits, the plan includes flexible installment options and practical features for planholders and their beneficiaries.
Flexible Installments
Pay monthly, quarterly, semi-annually, or annually — whichever mode fits your budget.
Transferable Coverage
The plan may be transferred to another living person, subject to applicable conditions.
Assignable to a Beneficiary
You may assign the plan to a deceased planholder provided any remaining balance is settled beforehand.
Cash Value on Unused Service
If the memorial service is not rendered, beneficiaries may receive a corresponding cash value based on the plan's schedule.
4-Day Viewing Period
Up to four days of viewing at accredited chapels, subject to room availability, or at the planholder's home.