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BPI-Philam evolves to ‘BPI AIA’ to bring Filipinos a global insurance experience

As a redesigned brand, it will use its global heritage to fulfill its commitment to provide accessible, affordable, and personalized insurance for Filipinos.

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BPI-Philam, a strategic alliance that allowed the AIA Philippine American Life and General Insurance Company (AIA Philam Life) to offer insurance through the Bank of the Philippine Islands (BPI), has unveiled its new identity as BPI AIA. As a redesigned brand, it will use its global heritage to fulfill its commitment to provide accessible, affordable, and personalized insurance for Filipinos.

Founded in 2009, the firm is among the top insurance companies in the country recognized by the Insurance Commission. Bank partner BPI is the first bank in the Philippines and Southeast Asia, with a heritage of solid trust, financial strength, and innovation over the past 170 years. Then-AIA Philam Life, meanwhile, is a market-leading insurance company for over 70 years. It is under the AIA Group, the largest independent publicly listed pan-Asian life insurance group, with a presence in 18 markets across Asia Pacific. Having recently renamed to AIA Philippines, BPI-Philam evolves to follow suit.

The change is a move to align with the bigger umbrella that is the AIA Group, a name practically synonymous with the insurance industry for over a century now. Along with the name, the rebranding entails a streamlining of systems and processes as well as development of new ones that will seamlessly elevate the service experience that the company provides its clients. After all, BPI AIA not only bears the name of two industry giants but also carries within itself their combined values, expertise, and commitment.

“We are truly excited to venture into this new chapter in our journey. The challenges we all experienced in the past year brought unprecedented changes to our customers’ lives, and as their life protection partner, we also evolve to deliver the support they need and deserve. As BPI AIA, we’d like to assure our clients that this initiative only strengthens our company’s stability and commitment to service, so they can brave the new world and face a new tomorrow,” said BPI AIA Chief Executive Officer Surendra Menon.

Policyholders can expect to continue to enjoy all the benefits and privileges of their policies bought under the BPI-Philam brand with an ever-increasing range and standard of services geared to how their lifestyles are changing in the evolving environment at the speed that is comfortable for them. This includes all rewards earned and can be earned for products with AIA Vitality. Any concerns by policyholders can be easily raised with their respective points of contact for appropriate resolution.

BPI AIA ultimately aims to close the protection gap in the Philippines through its comprehensive life, health, and income protection plans, while encouraging clients to live healthier and bring their dreams to life. More information about the company and its products is available at the official Facebook page <fb.com/BPIAIAOfficial> or via the virtual assistant Bessie (via Messenger). Customers can also visit the website <bpi-aia.com.ph>.

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Pru Life UK credit card launched

Consisting of two variants, the Classic and Platinum Matercard, the Pru Life UK credit card is exclusively available to Pru Life UK customers or policyholders to provide them ease in paying policy premiums.

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Life insurer Pru Life UK, in partnership with Robinsons Bank and Mastercard, launched the Pru Life UK credit card, a co-brand card which offers convenient payments and other benefits rooted in the financial stability of its partners.

Consisting of two variants, the Classic and Platinum Matercard, the Pru Life UK credit card is exclusively available to Pru Life UK customers or policyholders to provide them ease in paying policy premiums.

“We are excited with the launch of this card, which will now provide an enhanced experience to our customers with a more convenient payment solution, bundled with exclusive features and benefits, made even more rewarding for the customer with every transaction, said Eng Teng Wong, Pru Life UK president and chief executive officer. “The card is part of Robinsons Bank and Pru Life UK’s long-term bancassurance partnership, an alliance that continuously diversifies its offerings to utilize the strengths of each company while providing added value to our customers.”

“I’m very proud to officially introduce our latest credit card innovation with Pru Life UK. This unique credit card innovation will allow us to provide Pru Life’s diverse clientele with financial flexibility as they enjoy health and wellness benefits that are exclusive to the product,” said Elfren Antonio Sarte, president and chief executive officer at Robinsons Bank. He adds that the credit card is designed to provide policyholders with convenient and efficient way of paying their premiums.

The launch of the credit card is another milestone for Robinsons Bank and Pru Life UK as they continue to bring out products that are relevant to many Filipinos. According to Mastercard country manager Simon Calasanz, in the case of Pru Life UK co-brand card, Pru Life UK employees, agents and policyholders are provided with health and wellness benefits as well as payment options which make it easier for them to pay their policy claims. 

Calasanz also said cardholders need not worry about fraudulent transactions especially now that the growth in digital payment is accelerating. “As a standard and Platinum Mastercard, cardholders of a Pru Life UK co-brand card can pay with the card safely knowing that they are protected with Mastercard’s decipher and intelligent solutions including secure code to authenticate transactions.”  

The Pru Life UK credit card also provides cardholders with the following benefits:

  • Free annual membership fee for the first year. Succeeding annual membership fees are waived when the Pru Life UK policy premium is enrolled in auto-charge facility.
  • 0% installment for three months on drugstores and hospital bills with a minimum transaction of P3,000 and maximum of P50,000 per year.
  • Exclusive discounts and deals on active lifestyle and health & wellness products.
  • Earn Five (5) Rewards Points for every P50.00 spend on Pru Life UK transactions and one (1) Rewards Point for every P50.00 spend on non-Pru Life UK transactions.
  • All other existing features of Robinsons Bank credit cards shall also apply to this card; this includes: contactless payment, EMV-chip technology, electronic SOAs, and installment plans (Balance Transfer, Convert-to-Cash, Transaction Conversion, Balance Conversion).
  • Free airport lounge membership with access to more than 1,200 lounges globally on top of 900+ offers from Priority Pass partner merchants for Platinum Mastercard cardholders. 
  • Platinum Mastercard cardholders can also avail free travel insurance every time they use their Pru Life UK MasterCard in purchasing roundtrip international tickets.

Pru Life UK already received over 15,000 card applications coming from their employees, agents and customers. “We have already applied and some of them, like my staff, have already started using the card,” Wong said. 

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Allianz helps patients cover the real cost of COVID-19

Allianz PNB Life, one of the major life insurance companies in the Philippines, is helping patients cover the costs of COVID-19 via Allianz Well! It is a comprehensive health insurance plan that protects policyholders from the debilitating costs of COVID-19 from day one of a confirmed diagnosis.

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Marc lay in a makeshift bed at a public hospital in Manila, wearing a mask attached to an oxygen tank by his side. After testing positive for COVID-19 five days ago, he was now exhibiting fever, malaise, and shortness of breath due to a severe cough—telltale symptoms of the viral infection.

Beyond his worsening condition, Marc also dreaded the growing cost of his hospital bills. He had already racked up around PHP 750,000 the last time he checked, and it was only going to get larger by the hour.

The full toll of COVID-19

Marc is only one of the over 1.8 million confirmed COVID-19 patients in the Philippines, one of the countries most heavily hit by the pandemic in Asia. As cases continue to soar with the spread of the new Delta variant, more COVID-positive Filipinos, especially those with mild to no symptoms, are choosing to recover from home rather than get treated at a private healthcare facility. 

According to data from 2020, a patient with moderate COVID-19 should be prepared to shell out over Php 1 million for an 18-day stay at a private hospital in Metro Manila. The Philippine Healthcare Insurance System (PhilHealth) has helped members manage COVID-19-related costs so far, with coverage ranging from Php 42,997 to Php 786,384 depending on the severity of the case. It has also begun providing claims for patients isolating at home.

However, the costs do not end there.  For the families of patients that perish from the disease, cremation and burial costs may reach PHP 100,000.

These expenses emphasize the need for a healthcare package that can provide comprehensive coverage  in the event a person gets COVID-19. This is very practical at a time when recovering from the disease should be one’s top priority.

360-degree coverage from testing to treatment

Allianz PNB Life, one of the major life insurance companies in the Philippines, is helping patients cover the costs of COVID-19 via Allianz Well! It is a comprehensive health insurance plan that protects policyholders from the debilitating costs of COVID-19 from day one of a confirmed diagnosis. 

“It is Allianz PNB Life’s goal to address the varying needs of our customers across different life stages, including COVID-19. Now more than ever, we wish to give our clients the assurance, as well as the confidence, that they are adequately covered and taken care of so they can focus on the things that matter most, namely their health, recovery, and loved ones,” said Chief Marketing Officer Gino Riola.

Allianz Well! covers hospitalization costs, including accommodation, medication, diagnostic and laboratory exams, ambulance fees, and even doctors’ fees. The policy also covers hospital transfer expenses for emergency cases.

Aside from an annual plan limit of PHP 100 million, Allianz Well! offers coverage for expenses outside hospital care, from testing to repatriation services due to death from COVID-19. Additional perks include priority in executive check-ups, discounts for fitness and nutrition services, and reimbursements for over-the-counter multivitamins at up to Php 5,000. 

Since recovery from COVID-19 varies per person, Allianz Well! also includes a recovery package that covers flu and pneumonia vaccines and any follow-up medication and procedures that may be prescribed by a doctor.

Policyholders can be assured of a quick and simple claims process which can be done online and within a maximum of 10 working days.  Allianz PNB can also facilitate direct settlement of expenses incurred in an accredited medical facility. 

“As an organization that genuinely cares for its customers, Allianz PNB Life consistently provides clients with reliable and holistic COVID-19 protection apart from coverage for other critical illnesses. This is part of our commitment to serve as a trusted partner for Filipinos on their journey to better living,” Riola said. 

To know more about Allianz Well!, contact +6392-881-84357 or email yourhealthmatters@allianzpnblife.ph.

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African pet food manufacturer brings quality, afforable range to Phl

Pet Ideas will be distributing Montego Classic in the Philippines, Montego’s flagship pet food range, which will be available at veterinary clinics, pet shops, agri-supply stores and via online platforms from the end of September.

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Montego Pet Nutrition, the largest privately-owned pet food manufacturer in Africa, has announced its expansion into the Philippines through a partnership with local distributor,  Pet Ideas, which has been importing and distributing pet products locally since June 2015.

Jom Cadenas, Business Unit Manager at Pet Ideas, says: “This will be the first time that a pet nutrition company from South Africa will be launched in the Philippines. Filipinos are accustomed to US and European made products, so to be able to launch a new and innovative brand and a line of pet nutrition products manufactured in Africa is really exciting for us. We are proud to be able to offer Filipinos high quality products at a reasonable price, which are backed up by Montego’s own R&D and manufacturing facility.” 

Pet Ideas will be distributing Montego Classic in the Philippines, Montego’s flagship pet food range, which will be available at veterinary clinics, pet shops, agri-supply stores and via online platforms from the end of September. 

All products in the Classic range are made with real protein and include raw materials that are classified fit for human consumption, with added vitamins and minerals for sustained health. This ideal combination ensures consistently delicious flavour, digestibility and complete, balanced nutrition to satisfy the needs (and appetites) of both dogs and cats.

As the Classic range has grown over time, it has expanded to include nutrition for various breeds and ages of both dogs and cats. The formulations and production processes have been refined and perfected as well, the result of which can be found in each Classic product, and the wellbeing of pets around the world.

Sakkie Luther, International Business Developer for Montego Pet Nutrition, says: “We are very excited to bring our quality pet food to the Philippines in partnership with Pet Ideas. While we actively pursue and grow our business on the African continent, our dream has always been to expand our footprint to other continents as well. Being able to present our brands to a discerning market such as the Philippines, confirms that our brand reputation as high-quality products, at affordable price, is relatable to a wider market, and we are very proud of that.”

Montego is at the forefront of Africa’s growing pet food market, with a manufacturing capacity of almost 100 000 tons annually. It currently exports to 15 countries, of which 13 are on the African continent, and recently announced that they would be expanding into America. 

The company believes in sustainable manufacturing practices. Their state-of-the-art production facility and newly acquired manufacturing plant in South Africa, firmly positions Montego not only as the largest independent pet food manufacturer, but the largest brand owner and distributor in Africa.

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