Advocacy, Finance & Business

BDO Life Gives Additional Benefits To Policy Holders Amid COVID-19

As the country faces the global COVID-19 pandemic, BDO Life Assurance Co., Inc. keeps its promise to protect by providing additional insurance benefits to those who are covered by its individual life plans and afflicted by the virus—at no extra cost.

The life insurance arm of BDO Unibank, Inc. commits to pay an additional P20,000 in the unfortunate event that the insured individual passes away from COVID-19 between March 1 to July 1, 2020. If the insured individual is covered by any Critical Illness product—Health Secure, HealthFlex Advanced, or Dread Disease Rider—BDO Life will release this additional benefit immediately upon diagnosis from an FDA-approved test conducted within the above mentioned period.

Moreover, insured individuals who are qualified to receive Daily Hospital Income Benefits from BDO Life’s Hospital Income Rider will receive an additional P2,000 per day of confinement for a maximum of 14 days, if they are confined between March 1 to July 1, 2020 due to COVID-19.

“Amid the daily challenges posed by the COVID-19 pandemic, we continue to find ways to reach out to our customers, particularly those who have been exposed to and afflicted with this virus. We believe that these additional benefits will help reduce the financial burden on our customers and their loved ones,” said Renato Vergel De Dios, president and CEO of BDO Life.

To further assist customers during this time, BDO Life previously announced an extension of its grace period from the usual 31 days to 91 days, for all policies with premiums due from February 1 to June 1, 2020.

BDO Life will accept claims for this additional benefit from its customers until December 1, 2020. For inquiries, contact your BDO Life Financial Advisor, email BDO Life through we-care@bdolife.com.ph, or call the Customer Care Hotline at (632) 8885-4110 or Toll Free Hotline 1800-1888-6603 (PLDT).

3 Comments
Share

3 Comments

  1. Ramiella Keira Infante
    April 28, 2020 at 11:16 pm

    Salute to BDO sna tularan din kayo NG Ibang Banko🙏
    Godbless

  2. Arriane Faye barrera
    April 29, 2020 at 6:43 am

    Yay! BDO is true to theirself “we find ways” giving insurance to their clients will definitely will be a big help for them especially in fighting covid19, life is secured and less worries .

  3. Joy Balleta
    August 14, 2020 at 1:25 pm

    Sa panahon ng pandemic hindi tayo dapat naka stuck lang , dapat gumagawa pa rin tayo ng paraan para tayo ay maging secure lalo na para sa mga anak natin, lalo na ngayon hindi natin alam kung kelan ba matatapos ang pandemic na to. Dito na papasok ang mga “What if’s” natin sa buhay
    Paano na ang trabaho ko?, paano ang pag aaral ng mga anak ko? Paano na ang pangkabuhayan namin? Pero sabi nga nila kung hindi natin susubukan, hindi natin malalaman, mas maganda nang kumilos kesa sa nag antay lang, Tayo pa rin ang tutulong para sa sarili natin. Kaya ang laking tulong talaga ni BDO dahil tinutulungan nya ang mga tao para ma secure ang future ng ating mga anak. Isang aral na ang pandemic na ito na walang permanent na dapat mas pagbutihan pa natin ang pag iipon para secure tayo sabpanahon na tulad neto , lalo na mga magulang tayo na iniisip ang future ng ating mga anak.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.