Insurance firm BPI AIA, formerly BPI-Philam, introduced “PamilyaProtect”—a life insurance protection designed for everyone in mind. Available via Facebook Messenger, PamilyaProtect is a health, life and accident insurance plan rolled into one to give the whole family the peace of mind they need right now.
“We have always pushed to offer protection products that were inclusive, allowing people from all walks of life to be able to get it quickly and affordably. More and more people need this protection daily. As our mission states, ‘we make sure that insurance is easy to get and easy to have for every Filipino, no matter what class they belong to.’ With PamilyaProtect, that has become reality. Now, insurance is for everyone,” said BPI AIA chief executive Surendra Menon.
The company said for less than P500 a month, a policyholder can insure themselves for as much as P2 million, with a hospital income benefit for the main insured at P1,000 per day of confinement due to sickness or accident and accidental death, dismemberment and disablement benefit. The coverage can also be extended to loved ones, including parents, a spouse or partner, children, or siblings, making it perfect for singles, couples, single parents and even overseas Filipinos.