BDO Life Insurance – Benefits of “Protection” Life Insurance Offer

Guide on BDO Life Insurance “Protection” Features & Benefits

BDO LIFE INSURANCE – Here is a guide on the features and benefits of “Protection”, an insurance offer of BDO Unibank.

Nowadays, aside from investing on businesses and other investment products, many people invest on insurance policies. It can be a safety net in times of emergencies and unforeseen circumstances.

There are many types of insurance policies. One of it is the life insurance which is undeniably the most popular among the many types of insurance policies.

Are you planning to get one? Not only insurance companies but as well as banks now have excellent insurance policy offers.

One of the banks that offer insurance policies is BDO Unibank. Its BDO life insurance offer is “Protection” which gives two (2) options – a whole life insurance and a term insurance.

Whole Life Insurance:

• Guaranteed life insurance protection
• Guaranteed cash values available in case of financial emergencies
• Policy dividends credited to you yearly if your plan is a participating insurance plan
• Payment options of 5, 10, 20 years or up to age 99
• Non-forfeiture options like Reduced Paid-Up Insurance, Extended Term Insurance and Premium Loan
• Additional protection options called Riders to fit your needs:
  • Accidental Death Benefit
  • Accidental Death and Disability Benefit
  • Dread Disease Benefit
  • Waiver of Premium Due to Disability
  • 5-Year Renewable & Convertible Term Rider
  • Hospital Income Benefit Rider
  • Premium Deposit Fund (to help shorten your premium payment period)

Term Insurance:

• Guaranteed life insurance protection
• Renewable insurance coverage after 5 years without having to undergo medical examination
• Opportunity to convert your term plan within or at the end of the 5-year period to a basic whole life or endowment product
  • No further underwriting requirements
  • Up to 100% of your term plan’s Sum Assured
• Additional protection options called Riders to fit your needs:
  • Accidental Death Benefit
  • Accidental Death and Disability Benefit
  • Premium Deposit Fund (to help shorten your premium payment period)

Do you want to get the said BDO life insurance offer? You may visit the official website of the bank – https://www.bdo.com.ph/bdolife/protection.

Thank you for visiting our website. We hope we have helped you with regards to this matter. You may keep coming back for more informative guides.

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