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Get Started Savings Account with Life Insurance is designed to help you start protecting your family's future. It gives you more benefits than just banking convenience:
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FREE Life Insurance. Your insurance coverage shall be equal to 5x your savings account's balance, up to a maximum of P2 million and US$ 40,000, absolutely no premium payments required.
• No Medical Check-Ups. With Get Started Savings, you can now have a life insurance without a medical exam.
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Same-Day Coverage. Once you open a Get Started Savings Account and you are accepted for coverage, your life insurance becomes effective on that same day.
Get Started Savings Account is available in Pesos and Dollars.
Product Essentials
Get Started Savings Account is an interest-earning savings account that comes with FREE BPI-Philam Life Insurance equivalent to 5x your account's balance, up to P2 million and $40,000. No premium payments required. No medical check-ups needed. With Get Started Savings Account, protecting your family's future has become so much easier!
Insurance Features
FREE Life Insurance
In partnership with BPI-Philam Life Assurance Corp., one of the country's industry leaders, Get Started Savings Account provides FREE life insurance benefits. Absolutely no premium payments required.
Insurance Coverage
The amount of your insurance shall be equal to five times (5x) your account's balance*, up to a maximum of P2 million and $40,000. So while you build up your deposit funds for a better financial future, you also increase your insurance coverage.
The coverage you get from the Peso variant is on top of dollar insurance coverage you can get from the dollar variant.
* Average Month-to-Date Average Daily Balance (MTD-ADB) of the past three calendar months prior to the Insured's demise, regardless of the number of accounts opened by the insured.
**For the US Dollar variant in BPI Family Savings Bank, maximum insurance coverage is up to $40,000. The coverage you get from the Peso variant is on top of the dollar insurance coverage you can get from the Dollar variant.
No Medical Check-Ups Needed
Some individuals postpone buying a life insurance, not because they are not in good health, but because they are uncomfortable with the required medical exam. With Get Started Savings Account, it's now possible to have a life insurance without a medical exam.
Same-Day Coverage
Once you open a Get Started Savings Account and you are accepted for coverage, your life insurance becomes effective on that same day. This unique feature does not only leave you with immediate satisfaction but also immediate protection for your family