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Free P200k insurance for BPI-Philam, BPI clients; registration ‘til June 30 only
BPI-Philam has allotted Php200,000 in life insurance each to one million clients, equivalent to Php 200 billion. Any qualified BPI accountholderor BPI-Philam policy owner can sign up for the free insurance. For the latter, this is an additional benefit on top of their existing plan’s benefits.Overseas Filipinos may also register, as long as they meet the requirements.
Bancassurance leader BPI-Philam and its partner Bank of the Philippine Islands (BPI) have extended the registration for the free COVID-19 life insurance coverage for their clients until the end of June this year. The coverage is effective for 90 days.
BPI-Philam has allotted Php200,000 in life insurance each to one million clients, equivalent to Php 200 billion. Any qualified BPI accountholderor BPI-Philam policy owner can sign up for the free insurance. For the latter, this is an additional benefit on top of their existing plan’s benefits.Overseas Filipinos may also register, as long as they meet the requirements.
“We would like to reassure our clients that we are one in this fight. BPI-Philam is dedicated to delivering the life, health, and financial protection needs of Filipinos at this critical time. Amid all the uncertainty and anxiety that came with the pandemic,let us remember that the most important thing is that we take care of our loved ones and protect what matters most before it becomes too late,” said BPI-Philam Chief Executive Officer Surendra Menon.
Latest statistics from the Department of Health puts the nationwide tally at over 1.1 million confirmed COVID-19 cases, with death toll at over 20,000.In addition, the government’s vaccination plan spans three years, highlighting the need for urgent interventions. BPI-Philam’s free life insurance is for BPI clients aged 18 to 64 who are not a probable/suspect/confirmed COVID-19 patient at the time of application.The registration can be fully completed via the website <bpi-philam.com> or through Bancassurance Sales Executives (BSE) via phone or in person at the branch.
BPI-Philam is the bancassurance arm of AIA Philam Life in the Philippines. At the onset of the pandemic, it was among the first in the country to offer free COVID-19 life insurance, with one of the longest periods of coverage at 90 days and the highest coverage amount at Php 200,000. First launched in June 2020, the program has since covered over 700,000 lives, with 19 claims filed for a total payout of Php 3.8million to date.
Among the first beneficiaries of the program was Janice of Kalibo, Aklan. In their family’s ordeal with COVID-19, the biggest realization was how the virus can affect just about anyone and even lead to death. The financial assistance from the program helped them deal with the grief over their deceased family member without the anxiety that came with financial expenses.
“I believe that loving your family includes giving them a sense of security and peace of mind when it’s time for you to go.This is why I strongly encourage people, especially the young generation, to secure an insurance plan while they are still young and able,” said Janice.
Clients are also encouraged to extend the program to their family and friends who can register as long as they are also qualified BPI account holders.Non-BPI account holders can grab the opportunity by easily opening an account before the registration period ends.
Meanwhile, those who wish to extend their protection coverage beyond the allotted amount and for other insurable claim may get the full protection of BPI-Philam’s affordable and accessible life and health insurance products. This can include financial assistance for hospitalization costs, income protection, accidental death/dismemberment/disablement benefits, and more.
“Most importantly, however, peace of mind is the singular invaluable benefit that people can get from insurance.As such, we would like to invite everyone to take advantage of this offer and protect their loved ones in case of the unthinkable,” Menon said.
Interested customers can talk to a BSE or BPI branch officer for further assistance.More information about BPI-Philam’s products and services is also available at the website <bpi-philam.com> or on Facebook <fb.com/BPIPhilamOfficial>.
Product Showcase
Watson boosts global expansion, unveils 16,800th store worldwide
This store was opened in Rotterdam, marking a remarkable milestone in AS Watson’s ongoing expansion and its commitment to delivering a seamless and exceptional O+O (Offline plus Online) customer experience.
As Watson, the parent company of Watsons Philippines, announced the grand opening of its 16,800th store worldwide, further consolidating its position as the world’s largest international health and beauty retailer, with a portfolio of 12 brands operating across 29 markets. This store was opened in Rotterdam, marking a remarkable milestone in AS Watson’s ongoing expansion and its commitment to delivering a seamless and exceptional O+O (Offline plus Online) customer experience.
Dr. Malina Ngai, Group CEO of AS Watson, expressed her excitement at the store opening ceremony, “The opening of our 16,800th store represents more than our growth as a company – it symbolises our commitment to serving the communities worldwide. With every store we open, we create jobs, foster customer relationships, and build lasting trust.”
“16,800 is a number with special meaning in Chinese culture. The number 6 symbolises ‘everything goes smoothly’ while 8 represents ‘good fortune’. We embrace the special meaning of this milestone and look forward to a future of lasting success and prosperity, not only for our business growth but also in extending these best wishes for a brighter future for the world during this festive Christmas season,” Malina added.
Commitment to Continuous Growth
Ed van de Weerd, CEO of AS Watson Benelux, remarked, “We’re honoured that AS Watson’s 16,800th store worldwide opens in vibrant Rotterdam, demonstrating AS Watson’s steadfast commitment to growth in the Benelux region and globally. As the No. 1 health and beauty retailer in the Netherlands, Kruidvat serves its customers with nearly 1,000 O+O stores and over 24,000 passionate colleagues and has become an integral part of many Dutch people’s lives.”
The brand-new store will serve over 11,000 customers every week. As one of the largest Kruidvat stores, it spans over 770 square meters and is designed to enhance O+O shopping experience with clear in-store navigation. The store offers an extensive assortment of over 36,000 products, making it the largest selection among all Kruidvat stores.
Watsons Philippines operates in over 1,100 stores nationwide, reflecting its commitment to bringing health, wellness, and beauty closer to every Filipino. Enhancing this experience is the Watsons app, which provides customers access to exclusive deals, personalized recommendations, and convenient services such as Click & Collect and home delivery.
Looking ahead, AS Watson remains committed to innovation and excellence in customer experience, and will continue its growth journey with the purpose of putting a smile on the customers’ faces today and tomorrow.
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AIA PH powers health and wellness with over 9,000 runners at Rock ‘N Roll Running Series Manila
Manila, the only Asian stop on the global Rock ‘n’ Roll tour, offered runners a choice of 5K, 10K, 21K, and 42K distances on a unique AIMS and World Athletics-certified course, highlighting the city’s historical beauty.
AIA Philippines has continued to champion its purpose of helping people live healthier, longer, better lives by supporting the 2024 ASICS Rock ‘n’ Roll Running Series Manila as presenting sponsor for the second consecutive year. Held on November 23-24, 2024, the event brought together over 9,000 runners from 58 countries, transforming Manila’s streets into a dynamic celebration of fitness, music, and community spirit.
Manila, the only Asian stop on the global Rock ‘n’ Roll tour, offered runners a choice of 5K, 10K, 21K, and 42K distances on a unique AIMS and World Athletics-certified course, highlighting the city’s historical beauty. Runners, from first-timers to seasoned marathoners, enjoyed live music along the route, passing iconic landmarks like Rizal Park, the National Museum, Fort Santiago, and Binondo Chinatown, before culminating in a spectacular finish-line festival.
“We’re thrilled to be part of the lone Asian stop for this global celebration of health and wellness,” said AIA Philippines Chief Marketing Officer Melissa Henson. “The Rock ‘n’ Roll Running Series embodies our mission to inspire Filipinos to embrace an active lifestyle and invest in their health and well-being. This event is a celebration not just of fitness, but also of the community spirit and joy that come with achieving personal goals.”
In partnership with The Ironman Group, AIA’s involvement went beyond the race. The AIA Health and Wellness Expo, which kicked off during the race week, became a central hub where participants could access exclusive promotions, expert advice, and exciting brand activations. “We’re proud to support this growing community,” said Henson. “Our involvement in the Rock ‘n’ Roll Running Series is just one of the many ways we’re encouraging Filipinos to prioritize active living and build connections within their communities.”
To amplify its broader mission, AIA launched the AIA One Billion initiative, which aims to engage a billion people across Asia in healthier lifestyles. This drives the company’s initiatives to support major events like the Rock ‘n’ Roll Running Series Manila, which empower participants to take charge of their health, while creating a lasting impact across communities.
With a finish-line festival featuring top local bands and a celebratory atmosphere, the event was more than just a race — it was a community celebration of personal wellness and achievement. Runners were treated to exclusive race perks, including event shirts, finisher medals, and unforgettable entertainment along the course. The energetic post-run festival, with live performances by Reujen Lista & the Trinidad Band, Brad & Nina Band, Gracenote, and Jason Fernandez, captured the unique spirit of Rock ‘n’ Roll.
Looking ahead, the 2025 Rock ‘n’ Roll Running Series Manila will be known as the AIA Rock ‘n’ Roll Run, with AIA Philippines as title sponsor. AIA is committed to raising the bar even higher through expanded entertainment, enhanced course features, and new wellness initiatives are set to deliver an even more memorable event.
AIA Philippines is committed to building a healthier future for Filipinos, and the Rock ‘n’ Roll Running Series will continue to be a key part of that vision. With AIA’s continued support, the event is set to inspire even greater participation, foster healthier lifestyles, and showcase the transformative power of movement for years to come.
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Manulife Investment Management launches Manulife Global Income Feeder Fund
The Fund provides investors access to US Dollar-denominated fixed income and fixed income-related securities of issuers globally, giving them high-quality and stable income generation opportunities. Investors may access the Fund for as low as US$1,000 or PHP1,000.
Manulife Investment Management and Trust Corporation (“Manulife Investment Management Philippines”) announces the launch of the Manulife Global Income Feeder Fund (the “Fund”), a unit investment trust fund (UITF) that aims to provide a high-quality, low-volatility income opportunity by seeking the best sources of income across the entirety of the fixed income universe.
The Fund provides investors access to US Dollar-denominated fixed income and fixed income-related securities of issuers globally, giving them high-quality and stable income generation opportunities. Investors may access the Fund for as low as US$1,000 or PHP1,000.
“The Manulife Global Income Feeder Fund offers an all-weather wealth solution that combines the entirety of the fixed income universe, including traditional and non-traditional sources of income. It provides high and sustainable opportunities that can help investors maximize their financial portfolio’s income generation across economic and interest rate cycles,” said Aira Gaspar, President and Chief Executive Officer, Manulife Investment Management Philippines.
The Fund is the newest product in Manulife Investment Management Philippines’ distinct suite of UITFs for different investment objectives, and will be part of the investment firm’s newly introduced “Better Income” campaign. Through this campaign, Manulife Investment Management Philippines aims to empower investors to elevate their financial journey by giving them investment choices based on their unique financial goals, needs, risk tolerance, and life stages.
Interested investors may open a UITF account online through Manulife iFUNDS, a secure digital investment platform that makes it easy and convenient for investors to manage their UITF investments. For more information on fund options that best suit your investment goals, you may contact a Manulife Wealth Specialist or visit www.manulifeim.com.ph.
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