Planning ahead is not only about money.
At a difficult time, a family may need to arrange a memorial service, deal with a final hospital bill, coordinate with service providers, or arrange repatriation from abroad. Advance preparation can reduce the number of urgent decisions they have to make.
Prepare the fund
A Memorial Service Fund establishes a defined amount for memorial-service expenses.
Prepare the assistance
Everest Memorial Services provides concierge support and access to an accredited mortuary network.
Preserve flexibility
Assignability and international assistance address situations that a simple cash-only plan may not solve.
Features and benefits
Nationwide network1,000+ mortuaries
Access includes more than 1,000 accredited mortuaries across almost 150 cities nationwide.
Final hospital bill50% of MSF
50% of the Memorial Service Fund, up to a maximum of ₱500,000, may be used to settle the insured's final hospital bill, subject to terms.
Death abroadRepatriation assistance
The concierge service includes assistance with repatriation when death occurs abroad.
Family flexibilityAssignability
Another person may use the memorial service without the insured losing coverage, subject to plan terms.
₱200,000 Memorial Service Fund Example
For example, for ₱984 per month for five years, you can get an Everest Memorial Plan with ₱200,000 coverage. When the time comes, the benefits can be divided into three.
Final Hospital Bill Benefit
Up to 50% of the coverage (up to ₱100,000) may be used to help pay the insured’s final hospital bill.
This is especially important because many people spend their final days in a hospital. When a patient passes away with an unpaid hospital balance, the family may suddenly need to raise a substantial amount before completing the necessary hospital discharge and release procedures.
The Final Hospital Bill Benefit helps provide funds when the family needs them most—so they can attend to the hospital expenses and proceed with the memorial arrangements without facing an immediate financial burden.
Memorial Service Benefit
Up to ₱200,000 of the coverage—or the remaining benefit after payment of the Final Hospital Bill—may be used for memorial services chosen by the family at the time of need.
Unlike traditional memorial plans where the type of service is selected in advance, Everest gives the family the flexibility to choose the services that best fit the actual circumstances.
For example, someone may originally prefer a traditional casket service in the Philippines. But if the insured later passes away abroad, the family may instead need cremation and repatriation services.
Because circumstances can change, the family can decide what they actually need—when they need it.
Cash Benefit
After payment of the Final Hospital Bill and Memorial Services, any remaining amount from the ₱200,000 coverage may be paid in cash to the beneficiaries.
And if the hospital bill or memorial services were paid from other sources, the corresponding Everest benefit does not have to go unused. Up to the full ₱200,000 coverage may instead be claimed as cash by the beneficiaries.
This gives the family flexibility: use the benefit for expenses when needed, or receive it as cash when those expenses have already been taken care of.
One Plan. Different Needs. More Flexibility.
Whether the family needs help with the final hospital bill, memorial services, or simply cash for the beneficiaries, Everest provides up to ₱200,000 in coverage that can respond to what the family actually needs at the time.
And you don't have to keep paying for decades.
For a 30-year-old, you can prepare this coverage by paying for just 5 years:
Pay for 5 years. Be prepared for whatever tomorrow brings.
Selected ₱200K rate examples
Premiums increase with age. These examples compare annual, semi-annual, quarterly and monthly payment modes.
| Age | Annual | Semi-annual | Quarterly | Monthly |
|---|---|---|---|---|
| 20 | ₱7,162 | ₱3,724 | ₱1,934 | ₱716 |
| 30 | ₱9,834 | ₱5,114 | ₱2,656 | ₱984 |
| 40 | ₱13,742 | ₱7,146 | ₱3,710 | ₱1,328 |
| 50 | ₱19,120 | ₱9,942 | ₱5,162 | ₱1,912 |
| 60 | ₱26,226 | ₱13,638 | ₱7,082 | ₱2,622 |
| 64 | ₱29,642 | ₱14,414 | ₱8,004 | ₱2,964 |
More than a memorial fund.
A ₱200K age-51 illustration separates the Basic Death Benefit, Final Hospital Bill Benefit and Memorial Service Fund, and includes an estimated cash-value schedule.
Basic Death Benefit
The age-51 illustration shows a ₱200,000 basic death benefit, subject to the actual policy.
FHBB + MSF
The illustration shows ₱100,000 FHBB and ₱100,000 MSF from the applicable illustrated age, with exact operation governed by the contract.
Estimated cash value
The illustration includes estimated cash values over time. These are explicitly illustrative and may vary with return and policy terms.
Product variants
Everest Memorial Solution
The core memorial solution for Philippine-market planning.
Everest Memorial Solution PLUS
A PLUS option is available. Confirm its benefits and eligibility before applying.
Everest Memorial Solution GRP
An international-member option is available.
Everest Memorial Solution PLUS GRP
A PLUS international-member variant is also available. Confirm eligibility and benefits before applying.
Frequently asked questions
Is Everest only a memorial service?
No. It is a life-insurance program with memorial concierge service and related benefits.
What happens if death occurs abroad?
Repatriation assistance is available through the concierge service, subject to plan terms.
Can someone else use the memorial service?
Yes. Assignability allows another person to use the memorial service without the insured losing coverage, subject to plan terms.
Are there higher Memorial Service Fund levels?
Yes. Options from ₱300,000 up to ₱1,000,000 are also available.
Download the “Do You Have a Plan?” short brochure.
Prepare so the family has less to solve later.
Start with the amount of preparation you want, your age and whether international needs matter.