About AMA Pension Plans, Inc. (AMAPP)
Our Company, AMA Plans Inc., is a leading pre-need company in the industry today. It is a proud member of the prestigious AMA Group of Companies. It was appointed as dealer of securities on October 14, 1997 with an initial authorized capital of fifty million (50M) pesos and an additional paid-in capital of fifty eight million (58M) pesos as of December 2010.
Under the supervision of the Insurance Commission, the Company remains true to its commitment of providing excellent services to its clients. We are presently authorized by the Commission to sell pre-need products to cater to the increasing demand in the market. With a new management team, the company is now focused on the expansion of operations nationwide in order to provide better service and accessibility to its clients.
The corporate mission is to effect a successful and profitable business operation under a strict regulatory environment while providing excellent opportunities for recognition and success to all members of the AMA organization.
Our vision is to be a leader and company of choice in the pre-need industry by providing pension products that are affordable and flexible to the changing needs of our clientele, and at the same time providing opportunities to our employees and sales associates for growth and sustained livelihood and to nurture a relationship with our planholders premised on trust and mutual respect.
WE OFFER TOTAL PROTECTION
When the unexpected happens and you least expect it, it is important that you are always be on guard. Always prepare for whatever eventualities that may come your way. AMA Pension Plans can provide you with comprehensive protection and preparedness you need in case disaster strikes.
For minimal savings, you and your family will enjoy the financial benefit of the program on maturity date.
Group Credit Life Insurance
This ensures full payment of the plan and the eventual payment of benefits even if the planholders dies during the paying period before the age of 70.
Group Yearly Renewable Term
Planholder’s beneficiaries will receive an amount equal to 100% of the plan’s maturity value if the planholder dies due to natural cause before the age of 70.
Accidental Death and Dismemberment
Planholder’s beneficiaries will receive another 100% of the plan’s maturity value if death is caused by accident. However, planholder will be indemnified even if death does not occur if any part of his body is dismembered according to a schedule of dismemberment as presented.
Waiver of Installment Upon Disability
If planholder is disabled and unable to pursue livelihood, installment payments shall be waived as they fall due and until plan is fully paid.