How an Insurance Plan Can Help OFWs Live Longer, Healthier, and Better

OFWs may be earning higher abroad, but that's not to say that they aren't concerned about their budget.

For as low as P2,100 a month, Life Ready Plus provides coverage as much as 30 times the total annual payment, giving OFWs and their loved ones financial support at the time when they need it the most.

Even better, Life Ready Plus can be customized with several add-ons for additional protection.

There’s the accidental and health rider that can provide additional funds for accident-related and medical-related incidents.

There’s the early stage critical illness fund to cover serious critical illnesses. Beneficiaries below the age of 75 may receive a one-time payment benefit if the covered insured is diagnosed with any of the 56 critical illnesses covered under the plan.

There’s also a hospitalization add-on that protects insurance owners from unexpected hospital bills due to critical illnesses.

And there’s the waiver of premium add-on that prevents the insurance owner from paying any further amount if he becomes sick or disabled. It also provides a cash benefit for specific illnesses.

What if a family member suffers from a critical illness?

Protect them with the Critical Care Plus, an insurance plan that provides cash benefits and exemption from future payments upon diagnosis of covered critical illnesses.

But aside from being an insurance plan, the Critical Care Plus also functions as a health fund so that each contribution does not go to waste. Our expert fund managers invest a portion of the payments so that it continues to grow over time.

OFWs who avail of the Critical Care Plus also have the option to avail of the accident and health add-on, which provides medical reimbursement and weekly income benefit.

With the Critical Care Max, OFWs get to enjoy the same benefits as Critical Care Plus, but it comes with one vital add-on: the hospital confinement benefit.

With this customization, any income lost due to the covered person's hospital confinement is replaced. It also offers a daily cash benefit with options like cash payout for surgery-related expenses and a cash allowance to help pay for consultation fees for outpatient treatments.

OFWs also need to protect the assets they accumulate for their loved ones even when they’re gone, and the Build Estate Plus insurance plan makes sure of that as it covers estate taxes. The payment scheme—ranging from five-year to ten-year plans—can be tailored according to one’s means.

Build Estate Plus also doubles as a savings fund that has a potential to earn high depending on the performance of one’s chosen investment funds.

Like the other BPI AIA Wellness products, Build Estate Plus also has add-ons like accident and health coverage, medical reimbursement and weekly income benefit, and waiver of premium in case of disability and critical illness. Beneficiaries may even receive annual cash benefits equivalent to the waived payment to replace lost income.

Plus, the Wellness Series is integrated with the AIA Vitality Program, which provides additional 20% coverage and allows policy holders to earn exclusive wellness rewards from partner establishments for living a healthy lifestyle.

Thus, this insurance not only serves as protection against unfortunate circumstances, but also gives OFWs the chance to increase their savings and investments as they improve their health, earn points, and receive premium discounts and incentives.

To learn more about the leading a life of total wellness, talk to a BPI AIA Bancassurance Sales Executive or check the BPI AIA health and wellness plan.