TERMS OF CREMATION PLAN CONTRACT

ARTICLE I-DEFINITION OF TERMS

1. ST. PETER - ST. PETER LIFE PLAN, INC.
2. PLANHOLDER refers to the person who purchases and owns the plan for whom or for whose beneficiaries benefits are to be delivered, as stipulated and guaranteed by ST. PETER. The term includes the assignee, transferee and any successor-in-interest of the PLÁNHOLDER.
3. Contract refers to the Cremation Plan Contract between ST. PETER and the PLANHOLDER providing the terms and conditions thereof.
4. Contract Price - refers to the stipulated price of the Cremation Plan which may be paid either in lump sum or in installments, net of handling fees and other charges, if any.
5. Gross Contract Price refers to the stipulated price of the Cremation Plan which includes handling fees and other charges.
6. Plan Installment - refers to the monthly, quarterly, semi-annual or annual installment amounts paid by the PLANHOLDER.
7. Paying period - refers to the period of time within which the PLANHOLDER has to pay for the Gross Contract Price of the plan in monthly, quarterly, semi-annual, annual installments or lump sum.
8. Due Date - refers to the date when the PLANHOLDER's installment should be paid.
9. Beneficiary - refers to the person designated by the PLANHOLDER, in accordance with law, to receive the plan's insurance proceeds and/or pre-need benefits in case of unrendered service. The PLANHOLDER has the right to change the beneficiary/ies designated in the application subject to the submission of the company standard form and approval.
10. Grace Period - refers to the sixty-day period given to the PLANHOLDER within which to pay accrued installments due, counted from the due date of the first unpaid installment in default as stipulated in this Contract.
11. Lapsed Plan - refers to a delinquent plan which has remained unpaid beyond the grace period. A Lapsed Plan has no force and effect.
12. Reinstatement - refers to the process of reactivating a lapsed plan.
13. Certificate of Full Payment - refers to ST. PETER's duly-signed certification stating that a plan has been fully paid.
14. In Force Plan or Active Plan - refers to a pre-need plan for which ST. PETER has an outstanding obligation, either for (1) delivery of benefits or services or (2) payment of termination value.
15. Funeral services refers to the services to be provided to the PLANHOLDER or to his/her assignee by the designated ST. PETER CHAPEL or ST. PETER accredited Mortuary as enumerated in the immediately following article and which includes 1.) response to first call upon death, 2.) embalming and preparation of the body for viewing, 3.) viewing arrangements and 4.) viewing for a maximum period of three (3) days (subject to the limitations in Article II, A No. 17 hereof).
16. Cremation services refers to the services to be provided to the PLANHOLDER or to his/her assignee by the designated ST. PETER CHAPEL with Crematorium facility or ST. PETER accredited Crematorium (only in areas where these are situated and available as specifically provided below) as enumerated in the immediately following article and which means the industry standard of burning of the body, grinding of the bones, separation of ashes and depositing of the remains into a marble urn. The cremation services shall be provided only at the following:
    1. ST. PETER CHAPELS QUEZON AVENUE located at 296 Roxas District, Quezon Avenue, Quezon City
    2. ST. PETER CHAPELS CEBU located at New Imus St., Brgy. Lorega, San Miguel, Cebu City
    3. ST. PETER CHAPELS BACOLOD located at Alijis Road, Brgy. Alijis, Bacolod City
    4. ST. PETER CHAPELS DAVAO located at Km 14 National Highway, Brgy. Panacan, Davao City
17. Mortuary Tie-Up - refers to the memorial servicing tie-up or mortuary accredited with ST. PETER which renders the memorial services stipulated hereunder.
18. Effective Date – refers to the date when the payment of at least (1) modal installment has been accepted and the purchase has been approved by ST. PETER with the issuance of this Contract and as indicated herein.

ARTICLE II. MEMORIAL SERVICES

In consideration of the full payment of the Gross Contract Price stated in the Cremation Plan Application, or stated to be paid by the PLANHOLDER, ST. PETER, covenants with the PLANHOLDER, subject to the terms and conditions herein specified, to arrange and pay the designated ST. PETER CHÁPEL with Crematorium facility or ST. PETER accredited mortuary and crematorium (only in areas where these are situated and available as specifically provided below) to the exclusion of any other mortuary or crematorium, to conduct or cause the conduct of the funeral/cremation/memorial services of the PLANHOLDER or his/her assigns in the Republic of the Philippines, as indicated in this Contract, provided that said services are rendered within a road distance of twenty-five (25) kilometers from the designated ST. PETER CHAPEL with Crematorium facility or ST. PETER accredited mortuary and crematorium (in areas where these are situated and available). In arranging and providing for the services of the mortuary, ST. PETER will provide to the PLANHOLDER or his/her assigns, the following services depending on the Cremation Plan package:

A. SERVICES PROVIDED BY ST. PETER

Response to first call upon death

1. On-call 24 hours daily
2. Dispatch of appropriate transportation facilities.
3. Provides reasonable assistance in making arrangements to effect memorial services outside the 25-km. road distance from the nearest servicing mortuary within the Philippines as stipulated herein, provided the additional costs incurred are borne by the family of the deceased.
4. If death occurs to PLANHOLDER or assignees anywhere outside the Philippines, to give reasonable advice in making transportation arrangements for shipping the body back to the Philippines, provided that the cost of crating and freight charges incurred in the rendition of the services shall be borne by the family of the deceased PLANHOLDER or assignee.
5. Appoints an appropriate and accredited mortuary

Embalming, dressing and preparation of the body for viewing

6. Rendition of generally accepted and industry standard embalming services to preserve the body for three (3) days, provided that ST. PETER shall not be liable for any deterioration thereof arising from extraordinary causes or circumstances attributable to the fault or negligence of the PLANHOLDER, his lawful heirs or assigns, and those which may occur despite the application of industry standard embalming practice. It is the obligation of the family of the deceased Planholder/Assignee to have the death certificate forms signed by attending physicians prior to the embalming of the body.
7. Removes disfigured features, if possible.
8. Application of standard professional make-up and cosmetics.
9. Advises the family in the proper clothing and details of appearance of the body.
10. 1Provides the pre-selected casket described in the plan.

Viewing of the body

11. Advises the family in the preparation of obituary notice in the local papers but the cost of publication thereof, however, shall be borne by the lawful heirs of the PLANHOLDER.
12. Assists the family to arrange for the proper viewing of the body in a mortuary chapel, church or home (subject to the limitations in Article II, A No. 17 hereof).
13. Coordinates with the mortuary in the provision of the bier, crucifix, chandeliers, carpets, rails and background curtain appropriate for the plan.
14. Oversees the proper arrangements of the donated flowers in the viewing site.
15. Assists in the provision of appropriate lighting effects.
16. Assists the family in securing the necessary permits, if any.
17. Viewing for a maximum period of three (3) days at the designated ST. PETER CHAPEL with Crematorium Facility or ST. PETER accredited mortuary and crematorium (only in areas where these are situated and available as specifically provided below) and if chapel viewing rooms are available and not occupied, or at the residence designated by the family. Viewing outside of these shall be for the account of the family and shall not be charged against ST. PETER.

Cremation of the body

18. Consults and coordinates with the family regarding details on viewing, cremation hour, day and place.
19. Renders generally accepted and industry standard cremation services (only in areas where these are situated and available as specifically provided below), specifically, the actual burning or incineration of the remains, grinding of the bones and separation of the ashes, provided that ST. PETER shall not be liable for any damage thereof arising from extraordinary causes or circumstances attributable to the fault or negligence of the PLANHOLDER, his heirs or assigns, and those which may occur despite the application of industry standard cremation practice.
20. Provides for a marble urn appropriate for the plan for the deposit of ashes.

In relation to the cremation services listed above in Nos. 17 and 19, the cremation services shall be provided only at the following:

• ST. PETER CHAPELS QUEZON AVENUE located at 296 Roxas District, Quezon Avenue, Quezon City
• ST. PETER CHAPELS CEBU located at New Imus St., Brgy. Lorega, San Miguel, Cebu City
• ST. PETER CHAPELS BACOLOD located at Alijis Road, Brgy. Alijis, Bacolod City
• ST. PETER CHAPELS DAVAO located at Km 14 National Highway, Brgy. Panacan, Davao City

ST. JAMES Cremation Plan - Cremation Service is rendered upon death of the planholder after which, the urn containing the ashes may be viewed for a maximum of three (3) days (subject to the limitations in Article II, A No. 17 hereof). This package includes only the services listed above in Nos. 1, 2, 3, 4, 5, 11, 13, 14, 15, 16, 17, 18, 19 and 20

ST. JUDE Cremation Plan - Viewing of the body is done first for a maximum of three (3) days (subject to the limitations in Article II, A No. 17 hereof), after which, cremation service will be subsequently rendered. This package includes all the services listed above from Nos. 1 to 20. Any of the above-mentioned services provided for by the accredited mortuary which prepared the body shall be covered by this Contract. All other services requested by the PLANHOLDER's and/or assignee's family and performed by other mortuaries shall be for the account of the family.

All other services outside of the aforementioned enumerated services from 1 to 20 shall be for the account of the PLANHOLDER's and/or assignee's family.

The services stipulated in Nos. 1 to 17 above-enumerated may be performed by any St. Peter Chapel or St. Peter accredited mortuary provided that the actual cremation services shall be provided only at the following:

• ST. PETER CHAPELS QUEZON AVENUE located at 296 Roxas District, Quezon Avenue, Quezon City
• ST. PETER CHAPELS CEBU located at New Imus St., Brgy. Lorega, San Miguel, Cebu City
• ST. PETER CHAPELS BACOLOD located at Alijis Road, Brgy. Alijis, Bacolod City
• ST. PETER CHAPELS DAVAO located at Km 14 National Highway, Brgy. Panacan, Davao City

However, it is clearly understood that any transportation cost or other costs or expenses to be or which are incurred for services stipulated in Nos. 1 to 17 above-enumerated by a St. Peter Chapel or St. Peter accredited mortuary which is situated beyond the road distance of 25 kilometers from the servicing crematorium (St. Peter Chapels Quezon Avenue, St. Peter Chapels Cebu, St. Peter Chapels Bacolod and St. Peter Chapels Davao) shall be for the account of the family of the deceased even if the servicing chapel is a St. Peter Chapel.

B. SERVICES AND FACILITIES TO BE BORNE BY THE FAMILY OF THE DECEASED:

1. Spiritual bouquet
2. Special lighting effects, as requested
3. Special music, as requested
4. Extra embalming, as requested
5. Extra viewing period, as requested
6. Church assessment for Mass Offerings, blessings, viewing, and other donations
7. Copy of certified true copy of death certificate, as requested
8. Transportation of the Priest or minister in performing religious rites, blessings, and/or Mass Offerings
9. Cost of cemetery lot, niche or crypt
10. Cost of Epitaph or marker
11. Municipal entrance fee/s
12. Burial or interment service
13. Photo/video coverage of the funeral
14. Cost of freight and crating
15. 2nd point servicing which requires the services of another mortuary
16. Any viewing venue other than the designated St. Peter Chapels with Crematorium Facility or St. Peter accredited mortuary and crematorium, or residence designated by the family
17. Other extra costs not covered by the above-enumerated memorial services

The Gross Contract Price in this Contract does not include the cost for memorial lot or park, niche, mausoleum, crypt, marker, transfer of remains, memorial park chapel viewing and such other similar items not described herein.

It is understood and agreed that upon actual need, time is of the essence, therefore, it is the responsibility of the PLANHOLDER, his lawful heirs, successors or assigns to give immediate notification in person, or by telephone directly to and acknowledged by ST. PÉTER or its duly authorized representatives for the latter to maké said arrangements.

ARTICLE III - SERVICING MORTUARY

ST. PETER shall have the sole and exclusive right to make all negotiations and necessary arrangements with the designated and accredited mortuary and crematorium of its choice (only in areas where these are situated and available as specifically provided below) in connection with the funeral and cremation services provided for in this Contract.

In relation to the cremation services listed above in Nos. 17 and 19, the cremation services shall be provided only at the following:

• ST. PETER CHAPELS QUEZON AVENUE located at 296 Roxas District, Quezon Avenue, Quezon City
• ST. PETER CHAPELS CEBU located at New Imus St., Brgy. Lorega, San Miguel, Cebu City
• ST. PETER CHAPELS BACOLOD located at Alijis Road, Brgy. Alijis, Bacolod City
• ST. PETER CHAPELS DAVAO located at Km 14 National Highway, Brgy. Panacan, Davao City

ARTICLE IV. ADDITIONAL BENEFITS (INSURANCE BENEFITS)

For the protection and by way of assistance to the PLANHOLDER and/or his/her family or beneficiary, ST. PETER shall maintain the following erages, generally on a non-medical basis, provided the PLANHOLDER is within the insurable ages of 18 to 60 years (not beyond his/her 60th birthday) at the time of purchase of the plan.

A. CREDIT LIFE COVERAGE

If the PLANHOLDER dies at any time within the paying period and while this plan is still in force, the unpaid balance of the Gross Contract Price shall be deemed paid, subject to the limitations provided for in the master policy between ST. PETER and the insuring company.

B. CASH ASSISTANCE

If the PLANHOLDER dies at any time within the paying period and while the plan is still in force, the beneficiary of the PLANHOLDER subject to all the conditions and limitations provided for in the master policy between ST. PETER and the insuring company, shall be entitled to a cash assistance equivalent to the Contract Price less the processing fee.

C. ACCIDENTAL DEATH AND DISMEMBERMENT

If the PLANHOLDER dies at any time within the paying period, and while this plan is still in force, the PLANHOLDER between 18-55 years old (not beyond his/her 55th birthday) at the time of purchase of the plan, shall be indemnified for accidental loss of life, limbs and sight as a direct result of bodily injury effected solely through external and violent means sustained in an accident, provided that such loss(es) are incurred within 180 days from the date of the accident for the loss(es) to be compensable. After due proof is received within 90 days after sustaining such injury, the PLANHOLDER shall be indemnified as follows:

• Loss of Life……………………………CONTRACT PRICE
• Loss of Both Hands, or Both
• Feet or Sight of Both Eyes or
• One Hand & One Foot, or
• One Hand and Sight of One Eye or
• One Foot and Sight of One Eye…………CONTRACT PRICE
• Loss of One Hand or One Foot
• or Sight of One Eye……………………ONE-HALF OF CONTRACT PRICE

However, said benefits shall be subject to the standard exception and automatic discontinuance provisions stipulated under the master policy between ST. PETER and the insuring company.

D. WAIVER OF INSTALLMENT

The PLANHOLDER is exempted from paying the installment if he/she will become disabled and such disability continues uninterruptedly for a period of at least six (6) months.

E. EXTENDED CASH ASSISTANCE

Upon death of the PLANHOLDER within five (5) years after full payment of the plan or up to his/her 65th birthday, whichever comes first, a CASH ASSISTANCE equivalent to the Contract Price less the processing fee shall be provided the beneficiary. In case of spot cash purchase, the extended cash assistance shall be for ten (10) years from effectivity date or up to the PLANHOLDER's 65th birthday, whichever comes first.

ARTICLE V. GUARANTEE

In consideration of the full payment of the Gross Contract Price, ST. PETER guarantees that the funeral and cremation services purchased by the PLANHOLDER shall be performed and delivered by the designated ST. PETER CHAPEL with Crematorium Facility or ST. PETER accredited mortuary and crematorium (only in areas where these are situated and available as specifically provided below) at the time it is needed by the PLANHOLDER, subject to all the conditions herein provided for (subject to the limitations in Article II, A No. 17 hereof), and the submission of the pertinent contract and other necessary documents to the branch office concerned.

In purchasing this Cremation Plan, the Planholder agrees and declares that he/she has read all the terms and conditions of this Cremation Plan and fully understands and agrees that the cremation services stipulated herein can only be provided at the following:

• ST. PETER CHAPELS QUEZON AVENUE located at 296 Roxas District, Quezon Avenue, Quezon City
• ST. PETER CHAPELS CEBU located at New Imus St., Brgy. Lorega, San Miguel, Cebu City
• ST. PETER CHAPELS BACOLOD located at Alijis Road, Brgy. Alijis, Bacolod City
• ST. PETER CHAPELS DAVAO located at Km 14 National Highway, Brgy. Panacan, Davao City

The plan cannot be used within 30 days from effectivity or date of reinstatement.

ARTICLE VI. FORTUITOUS EVENTS

The parties herein expressly agree that ST. PETER shall not be liable for any inconvenience, loss, damage or delay that may be sustained by the PLANHOLDER, his/her lawful heirs or assigns, resulting from fire, earthquake, war or civil disturbance, extraordinary economic upheavals, strikes, or any labor disputes, government legislation or regulations, acts of God, or such other fortuitous events or conditions beyond the control of ST. PETER in connection with the performance of the services and obligations under this Contract. However, the unrendered service provision in Article VII shall still apply.

ARTICLE VII. UNRENDERED SERVICE

In the event that any of the causes mentioned in Article VI should occur thereby preventing ST. PETER from performing the funeral and cremation services herein contracted for, ST. PETER agrees to return to the PLAŇHOLDER's beneficiaries, lawful heirs, assigns or successors an amount equivalent to the appropriate amount stated in the Table of Termination Values provided in Article XIV. Thereafter, ST. PETER shall be relieved and discharged of all and any financial liabilities and obligations and the plan shall be automatically cancelled. However, the PLANHOLDER'S beneficiaries, lawful heirs, assigns or successors may opt to retain and continue the plan and be entitled to the funeral and cremation services for future use.

ARTICLE VIII - ASSIGNMENT/TRANSFER

A. The privileges and benefits of the funeral and cremation services described herein may be assigned to any deceased third person, subject to the following conditions:

1. The plan must be up-to-date in the payment of installments. A lapsed plan cannot be assigned.
2. The assignment shall be in writing duly signed by the PLANHOLDER, in standard company form, and delivered to ST. PETER or its duly authorized representative for confirmation and the assignment fee is paid.
3. Any insurance coverage provided herein to the PLANHOLDER shall automatically terminate.
4. The plan cannot be assigned within 30 days from effectivity or date of reinstatement.

B. The PLANHOLDER may also transfer his/her rights and privileges under this Contract to another living person at the time of the transfer. However, the transfer shall be in writing and with the written conformity of the transferee who shall be required to qualify therefore as a new PLANHOLDER (as regards insurability), and delivered to ST. PETER for approval. A new contract will be issued to the new PLANHOLDER. The transfer may be made only after thirty (30) days from the effectivity date (or date of last reinstatement) of the plan, provided it is up-to-date at the time of transfer. Any insurance coverage provided herein to the transferor shall automatically terminate.

A plan which has lapsed for more than two (2) years becomes automatically terminated and cancelled and therefore cannot be transferred or assigned and the PLANHOLDER shall receive the termination value of the plan for the amount stated in the Table of Termination Values attached herewith.

ST. PETER is not bound by any transfer of this Contract if it is not recorded and approved at

ST. PETER's Head Office or any of our authorized branch offices. ST. PETER cannot be responsible for the validity or effect of such transfer. The transfer shall be effective only upon the approval of ST. PETER, payment of the transfer fee and the issuance of a new Contract to the new PLANHOLDER. ARTICLE IX - REASONABLE SUBSTITUTION AND ADJUSTMENT

When the funeral and cremation services contracted for are requested to be rendered in a locality where such services are not available, the PLANHOLDER, his/her beneficiaries, lawful heirs or assigns agree, and hereby authorize ST. PETER to make a reasonable adjustment and/or substitution which shall in no case be less than what was guaranteed by ST. PETER and at no additional cost to the family of the PLANHOLDER.

ARTICLE X-GROSS CONTRACT PRICE

In consideration of the funeral and cremation services and other terms stipulated herein, the PLANHOLDER shall pay the Gross Contract Price in the manner stated in this Contract. Payments due shall be paid to ST. PÉTER at its principal office, or at any of its designated offices and/or to duly authorized persons as ST. PETER may designate in writing from time to time without the need of notice or demand. ST. PETER only honors payments acknowledged by its official receipts. If a PLANHOLDER who is not qualified under Credit Life Insurance Coverage, as provided under Article IV (A), dies before full payment of the Gross Contract Price, the unpaid balance shall automatically become due and demandable and must be fully paid before the funeral and cremation services can be rendered.

ARTICLE XI. GRACE PERIOD

The PLANHOLDER is given a grace period of sixty (60) days from the due date of the first unpaid installment in default within which to pay the accrued installments due, and if it is not paid after said period, this Contract shall lapse.

If the plan becomes delinquent beyond the grace period despite written notice that the plan shall lapse if no payment is made within the grace period, then this contract shall ipso facto be considered automatically lapsed and without force or effect. However, the PLANHOLDER may reinstate his/her plan in accordance with Article XII hereof. A lapsed plan of a deceased planholder can no longer be reinstated.

ARTICLE XII. REINSTATEMENT

The PLANHOLDER has two (2) years from the end of the grace period within which to reinstate the plan. If no reinstatement is made before the end of the reinstatement period despite written notice that the plan shall be terminated if not reinstated within the said period, the plan shall be automatically terminated and the PLANHOLDER shall be entitled to the termination value as of the due date of the first unpaid installment in default. The PLANHOLDER may apply for reinstatement by first filing an application for reinstatement in the standard company form for approval and paying the reinstatement fee. Reinstatement may be done through REDATING, which refers to payment of one (1) current installment based on the prevailing price, terms and conditions. The effectivity date of this Contract is adjusted by the number of months lapsed.

If the PLANHOLDER is still insurable, the contestability period starts anew for a period of one (1) year from date of approval of the request for reinstatement described above. If the PLANHOLDER is no longer insurable, he/she may opt to continue paying the Cremation Plan without any insurance coverage.

Payment made after this contract has lapsed without submitting an application for reinstatement will only be treated as a deposit, and will be applied to reduce the outstanding balance of the Gross Contract Price of the Plan in case this contract is eventually reinstated. Otherwise, the liability of ST. PETER shall be limited only to the return of such payments to the PLANHOLDER.

ARTICLE XIII. TRUST FUND

ST. PETER shall deposit with a Trustee Bank all amounts required by the Insurance Commission for the exclusive payment of the funeral and cremation services contracted for by the PLANHOLDER. The trust fund shall be administered and maintained in accordance with the trust agreement and the Pre-Need Code.

ARTICLE XIV. TERMINATION VALUES

This plan may be terminated and the PLANHOLDER may receive termination value in two (2) instances:

(a) When the PLANHOLDER's beneficiaries or lawful heirs choose to receive the termination value of the plan in case of "Unrendered Service" for an amount in accordance with the Table of Termination Values attached herewith, or

(b) When the PLANHOLDER chooses to surrender his/her contract by written notice or application for the termination value of the plan, if any, in accordance with the Table of Termination Values attached hereto.

Any installment received by ST. PETER after termination of this Contract, shall be refunded to the PLÁNHOLDER and shall not create any liability on ST. PETER.

After the Plan Termination Value has been paid, ST. PETER shall be discharged from any liability or obligation in this Contract.

ARTICLE XV. TAXES

The Gross Contract Price stated in this Contract does not include any tax or fee which any law or regulation may impose in the future. Such taxes or fees shall be for the account of and paid by the PLANHOLDER as may be required by law. If during the effectivity of this Contract the value of the Memorial Service Benefit is subjected to any tax or fee, the said tax or fee will be charged to the PLANHOLDER or his/her estate.

ARTICLE XVI. EFFECT OF CHANGE IN OWNERSHIP

This Contract shall be binding upon and inure to the benefits of the parties and their respective successors and assigns. Should there be a change of ownership in the operation of ST. PETER, whether by sale, assignment, operation of law or otherwise, during the effectivity of the terms of this contract, ST. PETER's successors-in-interest shall be bound by the terms of this contract and the PLANHOLDER shall be entitled to the benefits arising therefrom.

ARTICLE XVII. WARRANTY

The PLANHOLDER, by entering into this contract, hereby applies for the benefits and to the other coverages aforementioned in accordance with the terms and conditions provided for in the preceding paragraphs and warrants that he/she is not less than eighteen (18) nor more than sixty (60) years of age (not beyond his/her 60th birthday) and that to the best of his/her knowledge, he/she is in good health on the date of the effectivity of this contract. He/she further warrants that the information and statements made and contained in his/her Cremation Plan Application are true and correct.

If death occurs within the contestability period of one (1) year as defined in Article XVIII, infra, the PLANHOLDER agrees and binds his/her lawful heirs or assigns to deposit with ST. PETER, an amount equivalent to the unpaid balance of the plan which deposit shall be refunded to said lawful heirs or assigns upon approval of the claims due them in accordance with the provision of this contract.

In the event that claims arising from the above-mentioned benefits and coverages are subsequently denied after the stipulated funeral and cremation services shall have been rendered by ST. PETER, the unpaid balance of the plan shall become due and demandable in full to ST. PETER and in such case, the deposited amount shall be applied in payment for the said unpaid balance.

ARTICLE XVIII. CONTESTABILITY

The contestability period for any of the above insurance benefits, including the representations made by the PLANHOLDER in his/her declaration shall be one (1) year from the effectivity date of the contract or from date of last reinstatement or from date of transfer, in case of transfer of the plan to an insurable person.

ARTICLE XIX. FILING OF INSURANCE CLAIMS/LIMITATION OF ACTIONS

The period for filing of claims with ST. PETER by the PLANHOLDER's beneficiary shall be six (6) months from the date of death of the PLANHOLDER.

Failure to submit the written notice and proof of claim within the time limit shall not invalidate nor reduce any insurance claim if it shall be shown not to have been reasonably possible and was submitted as soon as reasonably possible.

No legal action under this Contract may be filed after five (5) years from the time the cause of action accrues.

ARTICLE XX. CONSTRUCTION

This Contract, together with the application, rider, endorsements and all annexes duly signed by any authorized officer shall constitute the entire contract. No statement, promise or inducement made by any person or through any agent, employee or representative not contained herein shall be binding or valid.

This Contract may not be amended, endorsed or otherwise changed except through a written document signed by the President or other officers duly authorized by ST. PETER at the time of the amendment. Any such amendment or modification must be made in writing and submitted to the Insurance Commission for prior approval.

(NOTE: ARTICLES IV, XVII, XVIII AND XIX ARE APPLICABLE FOR INSURABLE PLANHOLDERS ONLY)

ARTICLE XXI. JURISDICTION AND VENUE

The Insurance Commission shall have the primary and exclusive power to adjudicate any and all claims involving pre-need plans. If the amount of benefits does not exceed One Hundred Thousand Pesos (P100,000.00), the decision of the Insurance Commission shall be final and executory.

IMPORTANT NOTICE

The Insurance Commission, with offices in Manila, Cebu and Davao, is the government office in charge of the enforcement of all laws related to pre-need plans and has supervision over pre-need companies and intermediaries. It is ready at all times to assist the general public in matters related to pre-need. For any inquiries or complaints, you may approach the Public Assistance and Mediation Division (PAMD) at the Insurance Commission's Head Office located at 1071 United Nations Avenue, Ermita Manila with telephone numbers +632 523 8461 to 70. The official website of the Insurance Commission is www.insurance.gov.ph