The global pandemic has forcibly made us realize the harsh reality that death can happen in an instant. Whether you’re perfectly healthy or continue to observe anti-COVID precautions, passing away can happen to anyone at any given time.
The thought of leaving loved ones during times like this may be terrifying. And because no one expected a pandemic to happen in our lifetime, it has made us more conscious of the importance of being ready not just for what lies ahead, but for what the future may hold even when we are no longer around.
While it is true we do not know what is to come—it could be another pandemic or a new adversity altogether—the best course of action is to prepare for the worst, which is a future for our family that doesn’t have us in it.
Preparing for a worry-free future
Since we now live in times of uncertainty, it is important to safeguard our family’s financial security. We must take active measures to secure the hopes and dreams of those who matter most to us, and creating a legacy plan is one of the best ways to do this. AIA Philam Life’s AIA All-in-One can help you start your legacy planning, allowing you to be worry-free for your family’s future.
The plan can be paid in five or ten-year pay terms and is easy to build, giving beneficiaries immediate access to a substantial life insurance benefit tax free, which they are guaranteed to receive in full once the plan becomes active. The insurance benefit automatically doubles if an accident becomes the cause of death.
Medical emergencies are always a cause for financial concern. With AIA Philam Life’s AIA All-in-One, you have access to an emergency fund which can cover your living expenses, allowing you to focus on recovery and not on the expenses. The cash benefit it provides ensures you don’t need to touch your savings in case of an accident or critical illness such as cancer, heart attack, or stroke.
For many of us, love for family comes first. That love can be felt not just today but well into the future as they continue to live the life you want them to enjoy the well-planned legacy you leave behind.
Know more about AIA All-In-One by visiting AIA Philam Life’s website at philamlife.com, Facebook page at https://www.facebook.com/AIAPhilamLife/, emailing philamlife@aia.com or calling (02)8528-2000.
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About AIA Philam Life
The Philippine American Life and General Insurance Company (AIA Philam Life) is the country’s premier life insurance company. Established on 21 June 1947, AIA Philam Life has earned the trust of customers for its financial strength, strong brand name, and ability to deliver on its promises.
AIA Philam Life has PHP291.38 billion in total assets as of 31 December 2019, while serving over 500,000 individual policyholders and over 1,500,000 insured group members.
AIA Philam Life understands the needs of its customers and provides holistic solutions that include life protection, health insurance, savings, education, retirement, investment, group, and credit life insurance. It also offers bancassurance and fund management products and services through its subsidiaries—BPI-Philam Life Assurance Company (BPLAC) and Philam Asset Management Inc. (PAMI).
AIA Philam Life is a member of AIA Group Limited, the largest independent publicly listed pan-Asian life insurance group.
About the Philam Group
The Philam Group comprises the biggest life insurance company in the Philippines. By putting its customers at the center of its operations, the Philam Group has earned the trust of its stakeholders and has achieved continued growth over the years.
The Philam Group was formed with the mission of empowering Filipinos to achieve financial security and prosperity. Through its strong network, it is able to offer financial solutions such as life protection, health insurance, savings, education, retirement, investment, group and credit life insurance, and fund management products and services.
After the establishment of AIA Philam Life in 1947, the Philam Group has since expanded to include other affiliate companies, namely: BPI-Philam Life Assurance Company (BPLAC), Philam Asset Management Inc. (PAMI), Philam Call Center, and Philam Foundation.
Based on the Insurance Commission results as of 31 December 2019, the combined total premium income of AIA Philam Life and BPLAC is at PHP33.87 billion. Its strength and stability is solidified by AIA Philam Life’s assets at PHP291.38 billion, and net worth at PHP88.94 billion. It is a member of AIA Group Limited, the largest independent publicly listed pan-Asian life insurance group.
About AIA
AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets in Asia-Pacific – wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR(1), Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, the Philippines, South Korea, Taiwan (China), Vietnam, Brunei, Macau SAR(2), New Zealand, a 99 per cent subsidiary in Sri Lanka, and a 49 per cent joint venture in India.
The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in the Asia-Pacific region (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$291 billion as of 30 June 2020.
AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia-Pacific, AIA serves the holders of more than 36 million individual policies and over 16 million participating members of group insurance schemes.
AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code “1299” with American Depositary Receipts (Level 1) traded on the over-the-counter market (ticker symbol: “AAGIY”).
Media Contact:
Abbie L. Remo
AIA Philam Life Head of Corporate Communications and PR
Telephone: +(632) 521 6300 local 2812
Email: Abbie-D.Remo@aia.com
