Empowering Filipinos to achieve goals  

AIA Philippines, formerly Philam Life, launched AIA Ascend, an innovative solution  tailor-fit for those who want to invest in the future but also pursue their dream life today. 

The new plan supports medium-term goals through annual cash payouts, and longer-term goals through a maturity benefit at age 65. AIA Ascend also offers potential bonus dividends, and life insurance coverage, should the policyholder pass before the plan matures.

The new AIA Ascend plan provides a cash payout equivalent to 5 percent  of their policy’s face amount, which starts at the end of the fifth year for the five-years-to-pay option, and the end of the sixth year for the 10-years-to-pay option. These payouts continue every year until age 65. 

- Advertisement -spot_img

AIA Ascend comes with a guaranteed maturity benefit where plan owners receive a lump sum cash benefit equal to 200 percent of the face amount at age 65. With the 5-pay or 10-pay variants to choose from, plus AIA Ascend’s flexible payout features, individuals get to enjoy a sense of customization to use their yearly payouts for things like travel, home upgrades, passion projects, college or post-graduate funding for their kids, investment purchases or future-proofing their dream lifestyle through a retirement fund.

Customers may also receive additional cash benefits through potential bonus dividends. 

Author

Share post: