Protection
Put yourself at ease by protecting those you love
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{{label}}09 September 2018
You've worked hard for decades to build a good legacy, a good name, for your loved ones. Now that you are ready to enter your golden years, it's important to have peace of mind in all aspects of life - whether it be physical health, mental health, emotional stability, a level of spirituality, and financial stability.
Dr. Bill Hettler, co-founder of the National Wellness Institute (NWI), identified six dimensions of wellness that every person should continue to develop throughout their life to attain holistic wellness—physical, intellectual, social, emotional, spiritual, and occupational.
An additional aspect is financial wellness or financial health. But at this age, it's not just about how much income you earn. It should also include the aspect of securing your estate, making sure your affairs are in order, and ensuring that your heirs and loved ones are taken cared of.
In his best-selling book "Thy Will Be Done: Understanding the What, Why, and When of Estate Planning,"estate lawyer and author Atty. Angelo M. Cabrera, RFC, said that people should be "concerned with discovering the best and most efficient scheme of, not only building and growing his wealth further, but also eventually apportioning the same not only for the benefit of those he is required by law to provide for, but also for the benefit of other persons, cases, or activities that he wishes to partake of his good fortune."
He adds further: "A good (estate) plan is one that considers and addresses all three objectives - creation, conservation, and distribution. Ultimately, it should be able to provide maximum benefit and satisfaction to the estate owner and his family, and more important, ensure peace and harmony in the family."
When talking about estate matters, most people consult lawyers or certified public accountants (CPAs) to help them sort their affairs. But very few realize the role that banks and bancassurance can play in estate planning.
Bancassurance is the selling of life insurance through banks. Trusted banks such as Bank of the Philippine Islands (BPI), and established life insurance companies such as AIA Philippines have partnered together to bring financial protection and security to more Filipinos through BPI AIA. Considered the number one bancassurance company in the Philippines, BPI AIA is committed to help Filipinos achieve financial security and wellness.
With bancassurance, one gets to transact or get customer service wherever the bank has a branch nationwide (such as any of the 800 BPI branches across the country). Moreover, servicing is not dependent on one agent or on his/her availability, as any BPI AIA Bancassurance Sales Executive (BSE) in any BPI bank branch can address your need. Last but not least, bancassurance and its products are highly regulated by both the Bangko Sentral ng Pilipinas (BSP) and the Insurance Commission.
For those thinking about their legacy and estate, BPI AIA has Build Estate Plus, a unit-linked protection plan that allows you to build your long-term savings for retirement through professionally managed funds of BPI-Asset Management and Trust Corporation (BPI-AMTG) and BPI Investment Management Inc. (BIMI). Moreover, it is also designed to cover for your estates taxes, so your loved ones won't have to bear the burden of finding the resources to settle your estate.
The product is part of the BPI AIA's Wellness Series, a suite of different insurance products bundled with AIA Vitality -- a health and wellness program that allows customers to earn points from performing healthy activities, and enjoy rewards, like additional cover boost to their life insurance, and discounts from partner establishments, all by living a healthier lifestyle.
To know more about how a bank can help you plan your estate while encouraging you to live healthier, longer, and better, leave us a message or visit the BPI branch nearest you and talk to a Bancassurance Sales Executive.
You can buy a life insurance at any BPI branch nationwide! Talk to a bancassurance sales executive now!