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Saturday, April 20, 2024

The best way to spend your Christmas bonus

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MANILA, PHILIPPINES – The Holiday Season is upon us, blink once and you’ll see that Christmas is only in a couple of days. 

Not that we’re not ready for it.

 Filipinos are known all over the world to have the longest Christmas season. As soon as the “ber” months kick in, expect malls to blare out those timeless Christmas hits, businesses offer holiday-themed gimmicks, and homes slowly decorating for those “Paskong Pinoy” feels.

This is also the season that our kababayans give their all to earn a bigger keep in anticipation of the incoming expenses of the season of giving. As we work our butts off to provide for our family’s needs (and wants), we may need to think twice about where we put that valuable Christmas bonus.

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Do we spend it in one go for all the nice to haves? Or do we use it to prepare for something more important, something that will safeguard this coming Holiday season and all Christmas seasons in the future whenever this time of the year comes around?

Fortunately, life insurance companies like AIA Philam Life has made it possible for Filipinos to make protecting the family’s future within reach, and preparing for the unexpected easier, especially since that comes with an all-in-one guarantee. 

"We want to reach out to the broader rising middle-class market. If every family had a policy to take care of their children if a tragedy strikes, you would have less people living on the street,” said AIA Philam Life Chief Executive Officer Kelvin Ang. As a company that puts its customers first, AIA Philam Life continues to develop innovative products that will address its customers’ various protection needs.

“This is something that I think AIA Philam Life, as one of the stalwarts in the local life insurance industry, should help address,” he added as AIA Philam Life recently launched its latest product offering that will shield families from the financial impact of possible risks that may happen now or in the future such as total and permanent disability, personal accident, critical illness, and death. 

But what makes the AIA All-In-One unique, according to the country’s premier life insurer, is the game-changing enhancement on the accident rider. 

Benefit goes up to three times in case of death due to natural disasters or accidents while riding a ticketed passenger vehicle with a specific route (and includes passengers who are traveling in vehicles through ride-hailing apps).

“This all goes back to our brand promise, because part of helping people live Healthier, Longer and Better Lives is making sure that the dreams of the family can still come true no matter what happens in the future," said Ang. AIA All-in-One  is also powered by Philam Vitality, its science-backed wellness program that incentivizes members with rewards for knowing and improving their health.

The product’s true testament to AIA Philam Life’s commitment to close the protection gap is its cost, which is significantly lower compared to other products within the same category. At less than PHP100 a day (for a 32 year old healthy male) for the kind comprehensive coverage it provides, it was made to be more accessible to the lower-income market, addressing the protection needs that are relevant to them.

Last year, the company announced its intent to focus the product strategy on protection to help close the protection gap, which is currently at an estimated PHP1.5 trillion and is expected to balloon to PHP2.7 trillion by 2020. 

Know more about AIA All-in-One by visiting the AIA Philam Life 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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