AIA Philippines Life and General Insurance Co. Inc. (AIA Philippines) has launched a flexible and affordable variable universal life (VUL) insurance plan, AIA Goals Protect.
Its bancassurance arm, BPI AIA Life Assurance Corp. (BPI AIA), a strategic alliance between Bank of the Philippine Islands (BPI) and AIA Philippines, also launched BPI AIA Prosper. Both plans are designed to help Filipinos take control of their financial well-being, protecting current assets while pursuing life goals.
“Our ‘Rethink Healthy’ study revealed that 41 percent of Filipinos feel overwhelmed by the challenge of juggling financial security with the demands of daily life,” said Melita Teo, president and chief executive of AIA Philippines.
“AIA Goals Protect provides an easier way for them to invest in their future while adapting to their changing needs, offering the best of both worlds: enjoying life now while building a secure future. Similarly, BPI AIA Prosper empowers individuals to tailor their financial well-being, from boosting health coverage to securing their family’s future,” Teo said.
Both AIA Goals Protect and BPI AIA Prosper combine life insurance with financial solutions tailored to specific needs. These plans enable policyholders to create a financial safety net while actively working toward key life goals, whether buying a home, funding education or preparing for retirement.
