Philam Life launches insurance product with guaranteed payout
MANILA, Philippines — Philam Life, the premier insurance company in the Philippines, launches Income Assure 7, a single-pay plan that guarantees payouts of 3.5 percent of initial investment every year for seven years, ensuring a 24.5 percent total return. Assuming that no claims were made, customers receive their initial investment back at the end of the plan.
Income Assure 7, the company's limited offer product, is designed to provide customers with a sense of security that their money is earning—and peace of mind that they will not experience any loss.
“Our customers remain central to everything we do. In designing products, we make sure that these are created to address their needs, providing them with a financial solution that will help them live better,” says Leo Tan, Philam Life Chief Marketing Officer. "Income Assure 7 does not only give our customers a medium to long term savings option that guarantees returns, but also ensures that they are protected should anything untoward happen during that period.”
On top of the guaranteed annual payouts is a life insurance benefit that’s 110 percent of the initial payment, addressing both the savings and protection needs of customers.
To know more about Income Assure 7, visit Philam Life’s website at www.philamlife.com, Facebook account at https://www.facebook.com/PhilamLifeAIA/ or contact them through email via philamlife@aia.com or through landline at (02)528-2000.
