AIA ALL IN ONE PROTECTION
What is AIA ALL IN ONE PROTECTION?
AIA All-in-One product is a peso-denominated non-participating whole-life insurance plan that provides you all-in-one financial protection from death, disability, accident, and critical illness.
With AIA All-in-One, our customers can get a comprehensive protection benefit against various type of risks:
I. Secure their family’s future with a Life Insurance Coverage
II. Receive additional coverage with Total and Permanent Disability Benefit
III. Protect themselves with a Personal Accident Benefit
IV. Secure their recovery from critical illness with 10 Critical Illness Coverage
V. Preserve their policy with Waiver of Premium
I. SECURE THEIR FAMILY’S FUTURE WITH LIFE INSURANCE COVERAGE
Leave behind a life insurance coverage to your loved ones in case the unexpected happens.
A guaranteed death benefit equal to the Face Amount less any debt to the Company will be provided upon death of the Insured.
II. RECEIVE ADDITIONAL COVERAGE WITH TOTAL AND PERMANENT DISABILITY BENEFIT
Receive a benefit equal to 100% of your Total and Permanent Disability Coverage if the Insured gets total and permanently disabled due to bodily injury or disease. Total and Permanent Disability (TPD) is an additional benefit that provides coverage on disability due to bodily injury or disease prior to age sixty-five (65) of the Insured.
III. PROTECT THEMSELVES WITH A PERSONAL ACCIDENT BENEFIT
Receive a benefit equal to 100% of your Personal Accident Benefit if the Insured experienced accidentrelated conditions. Additional 100% of the PA benefit will be given if the accident is caused by Public Transportation or by Acts of Nature.
Personal Accident (PA) is an additional benefit that provides coverage on Accident related conditions prior to age seventy-five (75) of the Insured.
Accidental Loss of Life Benefit – provides the Principal Sum when Injury results in the loss of life of the Proposed Insured within one-hundred eighty (180) days after the accident.
Accidental Dismemberment and Loss of Use Benefit – provides a percentage of the Principal Sum corresponding to a schedule when Injury results in an Accidental Dismemberment or Loss of Use of various parts of the Proposed Insured’s body within one-hundred eighty (180) days after the accident.
IV. SECURE THEIR RECOVERY FROM CRITICAL ILLNESS WITH 10 CRITICAL ILLNESS COVERAGE
If the Insured is diagnosed with any of the 10 covered critical illnesses, 100% of the coverage from the 10 CI benefit will be provided.
The 10 Critical Illness (10CI) is an additional benefit that provides coverage in case the Insured gets diagnosed with any of the listed Critical Illnesses prior to age seventy-five (75).
The 10CI benefit is given provided the insured meets these other conditions:
1. The diagnosis happens after 90 days from the plan’s effective date (90-day elimination period) 2. Insured survives 14 days from the time he was diagnosed (14-day survival period)
V. PRESERVE THEIR POLICY WITH WAIVER OF PREMIUM
The total premium (base and rider) of the policy will be waived in case the Insured gets total and permanently disabled or diagnosed with any of the covered 10 critical illnesses.
VI. LIVE HEALTHIER, LONGER AND BETTER LIVES WITH PHILAM VITALITY
The plan is powered by Philam Vitality, a science-backed wellness program that rewards you for taking steps towards a healthier life. The healthier you get, the more points you earn, the bigger your rewards. The Philam Vitality journey comes in three steps: