Tuesday, January 21, 2025
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AIA Philippines launches product to serve retirees and senior residents

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AIA Philippines, previously Philam Life and one of many nation’s largest life insurance coverage corporations, not too long ago launched a brand new product superb for individuals who are beginning to save for his or her retirement later in life. Whether or not their purpose is to safe oneself or to have a assured sum handed right down to their family members, the life insurer’s new providing gives safety as one will get older.

“There’s a generally held notion that, past a sure age, it’s too late to get insurance coverage,” shares Melissa Henson, Chief Advertising Officer at AIA Philippines. “We wish to change that mindset. It’s by no means too late to begin prioritizing your self and your loved ones, particularly with a product like AIA A-Life Prime.”

Monetary safety for at present and tomorrow

AIA A-Life Prime, a product payable in simply two years, advantages for each plan holders and their households, standing as a priceless resolution to help the nation’s rising variety of almost 10 million senior residents. On the finish of the second yr, coverage house owners will begin receiving money payouts equal to 10 p.c of their coverage’s face quantity, which is particularly advantageous for these in retirement. These might be given out each different yr, offering assurance of standard disbursements to cowl bills or act as financial savings. AIA A-Life Prime might be bought by people as much as age 70, and gives protection till the Insured reaches the age of 100.

On high of the payouts, there is a chance to obtain more money advantages via potential bonus dividends, which, whereas not assured, can function further funds when accessible. There may be additionally a demise profit amounting to 200 p.c of the plan’s face quantity, or the overall premiums paid much less the money payouts launched (whichever is larger on the time of declare). For policyholders who attain age 100, a lump sum maturity good thing about 200 p.c of the face quantity might be given. 

“The necessity for defense is fixed, so it will be significant for us to make sure that we make our merchandise accessible to clients at any life stage,” provides Henson. “We goal to be with our clients wherever life goes, to allow them to have the peace of thoughts wanted to reside more healthy, longer, higher lives.”

These fascinated by availing of the AIA A-Life Prime plan can contact an AIA Life Planner or go to the AIA Philippines web site for extra data.

ADVT.

This text is delivered to you by AIA Philippines.



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