BPI-Philam is the number one bancassurance company in the Philippines. Find an affordable life insurance product in 800+ BPI branches nationwide.
Know the what, why, and where of the best life insurance and bancassurance in the Philippines.
What is Life Insurance?
Life insurance is a promise of financial protection for you and your loved ones in case you face life’s greatest risks: Getting sick or dying too soon. It is a contract between a life insurance company and the policy owner. The life insurance company will provide financial benefits to the beneficiary in the event of death of the insured.
Bancassurance is described as the partnership between a bank and an insurance company. It simply means selling of life insurance products within the premises of a bank duly licensed by the Bangko Sentral ng Pilipinas. BPI-Philam Life is the number one bancassurance company in the Philippines committed to help Filipinos achieve financial security and wellness.
What are the Advantages of Bancassurance?
EASY AND ACCESSIBLE
You can purchase life insurance products in any trusted banks like BPI with over 800 branches nationwide.
MEETS HIGH REGULATORY STANDARDS
Bancassurance companies like BPI-Philam is backed with the combined expertise of two trusted companies – BPI and Philam Life.
REDUCE YOUR RELIANCE ON TRADITIONAL AGENTS
Any bank branches can help you. You get to have a direct relationship with the company.
Why People Don't Buy Life Insurance?
Does any of the following thoughts sound like you? Flip your excuse.
It's not my priority.
Ask yourself: What would happen to your family’s finances when you get sick or pass away too soon? It is critical to have a reality check to avoid financial risks.
I CAN'T AFFORD IT. IT’S EXPENSIVE.
Life insurance can cost less than your monthly postpaid plan or coffee expenses. You can get an affordable life insurance plan as low as PhP2,100 a month.
IT'S AN EXPENSE NOT AN INVESTMENT.
Life insurance is an investment for the unexpected events in life. It is also a long-term savings tool that can help you meet your financial needs. More importantly, it gives you financial protection and peace of mind.
I’M TOO YOUNG. I WANT TO WAIT UNTIL I GET OLDER.
a. When you invest in life insurance at a young age, the less you will pay. As you age, the price will increase.
I DON'T HAVE TRUST ON LIFE INSURANCE COMPANIES.
Life insurance and bancassurance companies like BPI-Philam is governed by the high standards of the Insurance Commission and Bangko Sentral ng Pilipinas.
I HAVE OTHER MORE IMPORTANT INVESTMENTS.
In the financial pyramid, life insurance is considered as the next important investment after the emergency fund.
I HAVE INSURANCE FROM MY COMPANY.
You are covered by your company only if you are employed under them. Your coverage can be terminated if you leave the company.
I CAN ONLY BENEFIT FROM IT WHEN I DIE.
Life insurance plans also offer living benefits through investment-linked plans or benefits for medical claims. You can also enjoy living benefits with any of the BPI-Philam Wellness Series products.
Where to Get a Life Insurance?
Wherever you are in your life’s key moments, your future depends on what you do right now at the present. Take the first step by going to any BPI branch near you. Our bancassurance sales executives can help you identify your needs and provide the best financial protection solutions.
Live Longer, Healthier, and Better
Invest in both your health and wealth with BPI-Philam Wellness Series