Life Protect

Renewable insurance for the budget-conscious

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Life Protect

An affordable life insurance plan that grants you up to one million worth of protection coverage for as low as ₱320 per month

Available in three pay-variants and coverage periods: one, five or ten years

Issue age

18 to 79 years old (depending on pay-variant)

Coverage period


Buy via

BPI AIA Bancassurance Sales Executive


Policy benefits

Optional add-ons

Get additional insurance coverage with these riders

Your beneficiary receives additional cash benefits if the unexpected happens to you due to an accident

In case of permanent disability, you won’t have to pay your future premiums and top-ups anymore

Receive an annual cash benefit worth your waived premium to replace lost income due to permanent disability

Insurance lingo

An amount of money paid all at once to the policy owner, insured, or beneficiary/ies, depending on the policy’s terms and conditions. Examples are death benefit, and maturity benefit.

It is a written document that contains terms and agreement between BPI AIA Life and the policyowner

This refers to the amount of life insurance coverage in your policy

These are supplementary benefits you can add to your plan that can increase your coverage or address specific needs or concerns

This is the fee you pay us to keep your insurance policy active. It may be paid monthly, quarterly, semi-annually, or annually.

Terms & conditions

Coverage periods:

  • Life Protect 1: One year
  • Life Protect 5: Five years
  • Life Protect 10: 10 years

Issue ages:

  • Life Protect 1: 18 to 79 years old
  • Life Protect 5: 18 to 75 years old
  • Life Protect 10: 18 to 70 years old

Premium paying periods:

  • Life Protect 1: One-pay
  • Life Protect 5: 5-pay
  • Life Protect 10: 5-pay and 10-pay

Modes of payment:

  • Life Protect 1: Annual
  • Life Protect 5: Annual / semi-annual
  • Life Protect 10: Annual / semi-annual


Actual terms and conditions of Life Protect are found in the Policy. In case of conflict between this material and the policy, the Policy terms shall prevail.

The financial products of BPI AIA Life Assurance Corporation are not insured by the Philippine Deposit Insurance Corporation and are not guaranteed by the Bank of the Philippine Islands.

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