Protection
Put yourself at ease by protecting those you love
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{{label}}Life Protection
Coverage Period
Issue Age
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Give yourself the power to live with ease by protecting yourself and your loved ones with an affordable life insurance plan. Maintain the policy for an appropriate term and you’ll achieve the optimal benefits to help you match your long-term financial goals. It is integrated with Philam Vitality Program which provides an upfront additional coverage of 20% to your policy and any attached add-ons.
Get access to financial planning for as low as PHP 2,100.00 per month. Life Ready Plus is an affordable life insurance plan that gives you faster access to coverage and benefits.
Have a life insurance that can protect the ones you love no matter what happens. Life Ready Plus provides coverage as much as 30X your yearly payment, which can be a great support for the financial needs of your loved ones in the future.
Secure your life and your future! Be fearless in building your life plans because you are confident that your money is managed by financial experts you can trust.
Live a healthier lifestyle with an exclusive wellness rewards program. Enjoy an upfront additional coverage of 20% to your policy and any attached add-ons.
What is unit-linked investment?
A type of life insurance plan where a portion of your payments are placed in investment funds that can grow your money in the long-term
What is Regular-pay?
A premium payment term that is equal to the policy term. Premiums are paid regularly throughout the term of the policy.
The minimum premium required may increase depending on the occupational and medical ratings of the proposed insured. Optional benefits will require separate pemium.
Life Ready Plus is designed to provide you with life-long protection and peace of mind at a reasonable cost, your premiums are scheduled to be paid regularly, for as long as your policy is active. Holding the product for an appropriate term (15 years or more) is recommended to achieve optimal benefits and match long-term financial goals.
This product is a regular-pay, peso-denominated insurance plan which is unit-linked – allowing clients to participate in the potentially high returns from the financial market, with the convenience of placing additional investments through top-ups on a regular or ad-hoc basis. It can be customized and changed over time depending on client’s changing need, with a comprehensive set of unit-linked riders available to provide additional protection benefits.
You have the option to choose a maximum of 3 funds among the 10 available funds. These underlying funds are managed by BPI-Asset Management and Trust Corporation (BPI-AMTC) and BPI Investment Management Inc. (BIMI):
Note: Investment funds listed above are subject to availability upon product availment.
Purchasing a unit-linked life insurance product has its advantages and trade-offs. Investing in a unit- linked product, you must understand that the product may be subject to investment risks which include, but are not limited to interest rate risk, market/price risk, liquidity risk, credit/default risk, reinvestment risk, foreign exchange risk, and country risk which could affect the value of the policy. The Company is guided by Investment Policies and Guidelines in managing these risks; however, this does not guarantee investment returns nor protection against capital loss. To further understand the nature of said risks, a risk disclosure statement is provided in the Client Suitability Assessment Form.
Life Ready Plus is a unit-linked insurance plan. This is not a deposit product. Earnings are not assured and principal amount invested is exposed to risk of loss. This product cannot be sold to you unless its benefits and risks have been thoroughly explained. If you do not fully understand this product, do not purchase or invest in it.
Actual terms and conditions of Life Ready Plus are found in the Policy. In case of conflict, the Policy terms shall prevail.
THE FINANCIAL PRODUCTS OF BPI-PHILAM LIFE ASSURANCE CORPORATION ARE NOT INSURED BY THE PHILIPPINE DEPOSIT INSURANCE CORPORATION AND ARE NOT GUARANTEED BY THE BANK OF THE PHILIPPINE ISLANDS.”