BPI AIA Aspire is a peso-denominated participating ordinary life insurance plan that provides double protection and guaranteed cash benefits allowing you to protect what you have so you can be confident in achieving the life you've always wanted for yourself or your loved ones.
Provide your beneficiary Guaranteed Life Benefit equal to 200% of your plan’s face amount in case of death.
Guaranteed Cash Payouts
Receive an amount equal to 10% of your plan's face amount starting from the 5th or 6th year depending on the pay variant selected. The payouts will continue every other year as long as the insured is still alive or up to age 100.
Guaranteed Maturity Benefit
Receive a lump sum amount equal to 200% of your plan’s face amount if you reach age 100.
Flexible Payment Terms
Easy payment terms of 5, 10, or 20 years you can choose from.
Additional Dividend Payout
This policy gives you the opportunity to get non-guaranteed dividends, when available to the policy, which you can use as additional funds for yourself or your family.
Do you want additional peace of mind?
Optional riders can be included in your plan to get more security and protection.
Payor's Term Benefit (PTB) An additional benefit that provides 100% of the Basic Face Amount in case of untimely death of the Policyowner. It gives added financial support in case the Policyowner passes away.
Payor's Benefit on Death and Disability (PBDD)
Waives the premium payments in case of untimely death or total and permanent disability of the Payor/Policy Owner
- Available if the insured is a minor (Ages 0-17)
- Terminates at age 25 of the Insured
Total and Permanent Disability (TPD)
Provides a cash benefit in case of Total and Permanent Disability due to bodily injury or disease prior to age sixty-five (65) of the insured.
Personal Accident (PA)
An additional benefit that provides coverage on accident-related conditions prior to age seventy-five (75) of the insured. Customer will receive an additional 100% of the PA benefit if the accident is due to Public Transportation or Acts of Nature.
Insurance Lingo Explained
What are premiums?
Payments made for your life insurance policy.
What is Face Amount?
Amount that will be the basis of the insurance coverage, maturity benefit, and cash payouts.
What is Maturity?
The end of the policy’s coverage or duration. For this product, it is when the Insured turns 100 years old.
What is Non-Guaranteed Dividends?
Extra cash payout that you can receive from the company only when available.
Protection + Savings Customers get life insurance coverage plus as a tool to help save up for their future through its guaranteed cash payouts.
Protection + Retirement Planning Customers can get this plan for their retirement and ensure that they have additional source of income to sustain their lifestyle and enjoy their golden years.
Gift of Protection + Savings Customers can also purchase this product as a gift to their loved ones or children because the issue age starts at age zero. They can express their love through guaranteed protection and savings for the people they love the most.
HOW DOES “GUARANTEED CASH PAYOUT” WORK?
5-PAY
10-PAY
20-PAY
10% of the face amount
Every other year until policy maturity if the insured is alive at
the time of payouts
Starting at the end of the 5th Policy Year
Starting at the end of the 6th Policy Year
Thank You
Privacy Consent
I/we agree for the Company to use my information and all related
documents in the design and communication of the Company’s marketing
campaigns and offers in order to improve the quality of service the
Company provides, and to receive such marketing campaigns. Said
information will be stored by BPI AIA for 5 years.
I/we agree to share my information with BPI AIA’s accredited third
parties for marketing campaigns.
I/we agree for the Company to use such information for profiling to
develop, enhance and offer me/us financial services and products that
the Company considers as suitable for my/our insurance and other
financial needs. Said information will be stored by BPI AIA for 5
years.
I/we authorize BPI AIA and its representatives to get in touch with me
about their products and services.
I/we may at any time withdraw our consent by visiting BPI AIA
branches, calling the Company’s contact center, or by emailing the
request to bpiaia.dpo@aia.com.
Upon receipt of such withdrawal of consent, the Company will no longer
approach me/us for promotions or products that may be suited to my/our
insurance needs. I/We am/are assured that this will not affect the
Company’s ability to provide quality service in relation to my/our
existing policies.
Please visit our website,
www.bpi-aia.com.ph
for our Privacy Statement, which provides further details on why your
personal data is collected, how it is intended to be used, to whom
your personal data may be transferred to, how to access, review and
amend your personal data, and our policies on direct marketing.
I agree with BPI AIA statements indicated in the marketing consent and
privacy consent.
Product Description BPI AIA Aspire is a peso-denominated participating ordinary life insurance plan that provides guaranteed death benefit, guaranteed maturity benefit, and guaranteed cash payouts up to age 100 of the Insured. It is available in 3 payment term options: 5 years to pay, 10 years to pay, and 20 years to pay.
Dividends Dividends is not guaranteed and will be paid if available.
Reminder on Free-Look Period Upon receiving the Policy Contract, you may refer to the document for full details on the definitions, and other limitations. If you decide that this plan is not suitable to your needs after reading the Policy Contract, simply return the document to BPI AIA within fifteen (15) days from the date when you or your authorized representative received it and we will refund to you the Total Premiums paid.
The contents of this page are for illustration purposes only. Actual terms and conditions are found in the Policy. In case of conflict, the terms of the policy shall prevail.
