EastWest Ageas guarantees Filipinos insurance protection, payouts with new Life Advantage plan

Fast-rising insurance company EastWest Ageas continues its commitment to helping Filipinos find their PURpose for their peoPLE as it launches its new Life Advantage plan. This new plan gives Filipinos financial peace of mind with a solution that offers both insurance protection and guaranteed income payouts in one.

This release comes as Project STEWARD1 (Study on Thoughts, Emotions, Ways, and Actions to Reach Dreams), a study conducted by Nielsen and commissioned by EastWest Ageas, results revealed that 8 out of 10 Filipinos consider financial security a major concern.

The risk of unemployment, business closure, and loss of income are difficult challenges to navigate. These already tough situations can become even more overwhelming when compounded by unexpected health emergencies or the death of a loved one. EastWest Ageas’ Life Advantage plan addresses this concern with its lifetime guaranteed payout feature, which one can enjoy starting from the end of their 6th year of the policy until age 100.

A guaranteed advantage for Filipinos

Life Advantage provides coverage equal to 200% sum insured, added support with protection boosters, flexible add-ons, and guaranteed annual income payouts of 5% of the sum insured.

To fully prepare for life’s challenges, policy owners can also customize their Life Advantage plan to cover financial assistance for hospitalization, critical illnesses, and accidental disablement or death benefits, among others.

With these, Filipinos can truly enjoy an edge in life that addresses their worries and lets them plan ahead for the people they value most. Whether it's to protect their family, secure their retirement, ensure their kids’ education, or even leave a legacy to the next generation, anything is possible.

For EastWest Ageas President and CEO Sjoerd Smeets, Life Advantage’s features can help Filipinos secure financial security while giving them the coverage needed for life’s unexpected situations.

“Planning your journey in life can be challenging, and we want to help more Filipinos take that step with a plan that gives back to them while they can still enjoy it,” Smeets shares.

“With Life Advantage, you get the best of a policy with guaranteed payouts and an insurance plan that covers you from life’s unexpected situations. These features can address a common worry of many Filipinos which is securing their financial stability. Truly, you get a guaranteed advantage with Life Advantage,” he adds.

For more details on how to avail of Life Advantage and get your edge, visit www.ewageas.com.ph.