This policy is a tie up between Philam Insurance and HSBC. The offer covers me and my husband against accidental death and disablement, 24 hours a day, anywhere in the world. A hefty P900, 000.00 (pesos) will be given as a Lump Sum Benefit for Accidental Death and Permanent Total Disablement. In addition to that, a fixed monthly income benefit amounting to P35, 000.00 (pesos) per month for 60 consecutive months will be given to our beneficiaries. All in all, this I-Protect Plan will covers me around P3million (pesos) and another P3million (pesos) for my husband. The monthly premium just costs P526.00 for both insured couples after the 20% discount chargeable against our HSBC credit card. We purchased this policy on September 2004 and we are religiously paying it for the benefit of our loved ones.