1.
Product categories
1.1. Basic Stand alone
IS
Cremation
BC
1.2 Combos Packages
1.3 Low end products (pang masa) (anything below 50t
1.4 Classy (anything above 100t)
2. Mark ups
20% for pang masa to cover OH and commissions; and discounts if any
40% for all others
3. Universal:
Plans will cover only regular plots, services and upper and lower tier of BC crypts; special location will require premium upgrades.
Plans are not covered by Sundays and holidays restrictions, but not subject to to OSCA discounts
4. Insurance and installment protection (built in) one year contestability period
1. Installment deemed paid upon natural death; however, failure in age restriction (18 to 60) and adverse health conditions denies them the coverage
2. ADD - balance deemed paid upon accidental death
3. Total disability - loss of eye and limb exempts the buyer from further installments
4. The insurance is built in the payments; no further payments required
5. Ceases upon transfer or missed payments
5. Return of payments
In case the customer is still alive, and is still between the age of 18 to 20, there will be return of payments on the end of 21st until 25th year, 20% of the principal until fully paid.
Such benefits end in case of transfer or death...
6. Manner of payments and interest straight line, discount
Cash, Annual (without interest) Semi annual (10% interest) Quarterly (12%) and monthly (15%)
8% spot cash discount
5% 30 days payment
2% for 60 days payment
7. Products: CGS and MA
7.1 Basic:
7.1.1 Interment service
CGS SRP A SA Qtrly Monthly
17,000 23,800 4,760 2,618 1332.80 456.16
7.1.2 Funeral service
Features:
Product Name - Name
Wooden casket, with full body viewing, elegant interior, 2 nights 3 days viewing + embalming and cosmetics
Cost: casket - 20,000
Chapel use 2 nights (non aircon) 5,000
25.000
CGS SRP A SA Qtrly Monthly
25,000 29,965 5,993.20 3,299 1,678.10 574.32
Product name - Name?
Metal - local, full glass, elegant interior, with lighting, imported interior. double cover.
Cost
Metal Casket plus embalming - 40,000.00
Chapel use 3.5 x 3 10,500.00
Hearse 5,000.00
-------------
55,500.00
SRP - 77,777.00
Cost SRP Annual SA Qtrly Monthly
55,000 77777.00 15,540.00 8,555.50 4,335.51 1,490.72
Product Name: Name?
Imported metal casket
Full body view, double cover elegant interior
Casket cost - P80,000
Embalming - 5,000
Hearse 5,000
Chapel use 10,500
________
100,500
Cost SRP Annual SA Qtrly Monthly
100,500 140,700.00 28,140 15,477 7,879.20 2,696,75
7.1.3 Cremation
Cremation 18,000
Urn 3,000
21,000
Name?
Cost SRP Annual SA Qtrly Monthly
21,000 25,200 5,040
7.1.4 Body crypts
Body crypt (apartment 5 year lease) 16,000
A and D only
Service - tent + 24 chairs + tent + marker 3,000
Cost 19,000
SRP 22,800
2. Combo packages
Core - Plots
2.1 Plot plus interment service
Name (Suggested)
Plot - P45,000.00 universal
IS 17,000.00
Total 62,000.00 (MU of 20% for this combo
Cost SRP Annual Semi Annual Qtrly Monthly
62, 000 74,400 14,880 8,184.00 4,166.40 1,426.00
2.2. Plot plus chapel use + interment service
Plot 45,000
Chapel use 10,500
Interment service 17,000
________
72,000
SRP - 89,500 (introductory price 20% mu only)
2.3 Plot plus chapel + interment + funeral service (wood)
Plot 45,000
Chapel use 10,500
Interment service 17,000
Wood casket 20,000
_________
Cost 92.500
SRP 111,000
2.4 Plot + chapel use + IS + metal casket
Plot 45,000
Interment service 17,000
Chapel use 10,500
Metal casket (local) 50,000
Cost 122,500
SRP 147,000
2.5 Plot + Chapel use + IS + Metal Casket
Plot 45,000
Interment service 17,000
Chapel use 10,500
Imported metal casket 80,000
Cost 152,000
SRP 183,000
Core - Ash crypts
2.2 Ash crypts + cremation + urn
Ash crypt (upper 2 and lower 2 only) 35,000
Cremation 18,000
Urn (basic) 3,000
Cost 56,000
SRP 78,400 MU 40%
2.3 Ash Crypt + cremation + Urn + Chapel use
Ash crypt (upper 2 and lower 2 only ) 35,000
Cremation 18,000
Urn (basic) 3,000
Chapel use 10,500
Cost 66,500
SRP 93,100
Core: BC
1. Body crypts + IS + Chapel use (20% MU only)
Body crypt (5 year lease) 16,000
Service 3,000
Chapel use 10,500
Cost 29,500
SRP 35,400
2. Body crypt + IS + CU + Wood Casket
Body crypt 16,000
Service 3,000
Chapel use 10,500
Wood casket 20,000
Cost 49,500
SRP 59,400
3. Body crypt + CU + Metal Casket + Chapel Use
BC 16,000
IS 3,000
Metal casket 40,000
Chapel Use 10,500
Cost 69,500
SRP 83,400
Some restrictions:
1. Chapel use is subject to availability
2. Refund for unrendered service in case of chapel unavailability
3. Radius of service is 25 km. Those beyond the 25 km; those beyond shall be charged extra for every km in excess
4. The plans shall emphasize plan value rather than the service; prices for assets can be fixed but not for services
Refer to Terms and Conditions of SPLP Terms of Life Plan Contract.
