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"LAKBAY 2018" MARKETING CAMPAIGN MECHANICS

"Lakbay 2018" has two levels of incentives and qualifications, as follows:

Level 1:

USA – Package includes full hotel accommodations, complete with full meals, sightseeing tours, entrance fee to pre-selected establishments, plane fares, terminal fees and transfers. Premium production requirement:

Agents - PhP 12.0 Million
Brokers - PhP 20.0 Million
Bancassurance - PhP 8.0 Million

Level 2:

Asia – Package includes full hotel accommodations, complete with full meals, sightseeing tours, entrance fee to pre-selected establishments, plane fares, terminal fees and transfers. Premium production requirement:

Agents - PhP 6.0 Million
Brokers - PhP 10.0 Million
Bancassurance - PhP 4.0 Million

The campaign period covers all premiums generated from 01 January 2018 to 31 December 2018.

For your easy reference, we are pleased to provide you with the additional information/guidelines:

  • All policies issued within the campaign period must be paid on or before 31 March 2019.
  • Premium production includes both new and renewals.
  • The policy "Inception Date" or "Effectivity Date" must be within the campaign period.
  • Global and fronting arrangements are not included.
  • Bonds, Marine Hull and Property Floater lines of business are not included.
  • Prizes are not convertible to cash.
  • Switching of policies and/or account codes will not be allowed.
  • The Promo Committee shall have the final decision on any matter regarding the promo.
Lakbay 2018 Flyer