Posts from — September 2011

If you are an employer, you can offer your employees a benefit you bigger-company rivals might be giving theirs. There are now ‘bite-sized’ insurance plans that also have an savings component as well.

Pioneer Life Inc has such a product line called Sparxx. Berba say’s it’s a bite-sized product but it has great benefits. Sparxx acts like a savings account where you can add value to it by buying ‘top-up’ cards ranging from Php300 to Php5000. This gains interest until the insurance plan matures(maximum of ten years).

The more you buy Sparxx, the higher your coverage will become