Put yourself at ease by protecting those you love
16 October 2020
Amidst the COVID-19 pandemic, many are left asking: how could people have better prepared for this crisis? Unfortunately, this pandemic is what’s known as a “black swan event”—an event that is almost impossible to predict but will have massive consequences when it occurs. While nobody knows when the next black swan event may occur, knowing this possibility means you should plan accordingly.
However, creating a solid financial plan may be difficult if you don’t know where to start. Deciding on your financial priorities can give you a solid base to ground your plans in. Below are questions you can ask yourself in order to create your financial plan and help you stay on track.
Questions to Help You Sort Your Financial Priorities
Prioritize for the Future
The journey to financial security is not an easy one, but with the right strategies and attitude, it is achievable. Asking yourself these questions is just the beginning—being able to come up with a realistic plan is also necessary to reach your goals. While this may mean sacrificing certain things in the present, starting now is sure to pay off in the long run.
In the middle of this pandemic, BPI AIA offers easy and accessible insurance plans to cover you and your loved ones. Schedule an appointment with our Bancassurance Sales Executives to learn more.
You can buy a life insurance at any BPI branch nationwide! Talk to a bancassurance sales executive now!
Get the power to protect yourself and your family with an affordable life insurance plan. Life Ready Plus is easy on the budget, but offers coverage of up to 30 times your yearly payment to support the financial needs of your loved ones.
The plan gives you fast access to coverage and benefits and can match your long-term financial goals when maintained within an appropriate term.
Critical Care Max will help you make more memories by providing financial aid during the early stages of a critical illness. This unit-linked life and health insurance plan offers assistance on your recovery. You can build a health fund that grows over time, depending on your chosen investment, to pay for other medical costs.
In addition, it comes with a hospital confinement benefit that will replace lost income due to hospitalization. This daily cash benefit may also come with optional benefits like cash payout for surgery-related expenses, allowance for consultation fees, and many others.
Let your loved ones enjoy the fruits of your labor even when you’re no longer around. Build Estate Plus is a unit-linked protection plan that will cover your estate taxes after your passing so that you can ease your family’s burden.
It doubles as an investment savings fund that builds Account Value as you pay. It is also integrated with AIA Vitality that provides additional upfront coverage of 20% to your policy and add-ons.
Be in good hands in times of sickness. Let Critical Care Plus, a unit-linked health and life insurance plan, take care of you with financial aid in case of a major illness, so you can focus on getting better and spending more time with your loved ones.
It even gives you more benefits for having good health through the AIA Vitality program that adds 20% upfront coverage and supplemental benefits on your policy.