Philamlife Products and Services

There has been lots of financial insurance here in Philippines but the “Anong plano mo? Usap tayo” has been a famous line and sometimes a lead to crack a joke. I don’t want to quibble any longer, I just want to talk about the no. 1 life insurer in the Philippines, that celebrated its 65th Anniversary at Makati Shangri-la Hotel, Philam Life, AIA group Company.

PhilAm Life products & services are Protection, Savings, Retirement, Education, Investments and OFWs so here are some detailed informations of their services.


  • Ages 0 – 65 years old can have PhilAm Savings but for minors, a payor other than the proposed insured is required.
  • Let’s say the minimum face amount you want is P100,000.
  • Annual payment is P31,906 so it means you have to pay P2,660 per month for five years in total of P159,530 which they call the total premium.
  • On the 6th year, all the money that you’ve deposited for the past 5 years can now be gained.
  • Since your face amount is P100,000 and the lump sum endowment is 200%,

P100,000 * 2 = P200,000.

  • Your lump sum endowment is P200,000 plus a maturity bonus of 20%.

P100,000*.2 = P20,000.

  • Having a total of P220,000


Bright Future Invest

  • Start building your child’s education fund for as low as P20,000 per year.
  • Then choose how long you want to pay, 3, 5, 10 years or until your child is 17 years old.
  • Let’s say you choose until your child gets 17 years old, when he’s already 18, there would be an annual partial withdrawals, for child’s college education for four years.
  • The child is secured until ages 100

Bright Future Plus

  • Anyone can avail Bright Future Plus between 18-55 years old, with a child beneficiary not more than 10 years old.
  • One unit is equal to P1,000 and the minimum number of units for purchase is ten.
  • Yearly, the pay-out will increase by 15% of the initial benefit to prepare you from unavoidable increase of tuition.
  • Choose to pay every 5 years, 10 years or until your child turns 16 years old.
  • Bright Future Plus is a 2 in 1 plan for the security of your child’s education and a security for your own insurance protection.  Your child is also secure even after graduation wherein he can decide if he wants to convert it into insurance protection.


  • This retirement plan is a guaranteed monthly retirement income and insurance plan-in-one and the minimum retirement income is P2,000.
  • It is your choice whether you want to receive your income at the age of 50, 55, 60, or 65.
  • Insurance benefit is equal to 125% of the total premiums paid

For more info regarding this plans, contact a Philam Life Financial Planner at (02) 528-2000 or email them at So what are you waiting for? “Anong plano mo? Usap tayo.”

Definition of Terms

  • Face amount – the amount stated on an insurance policy, to be paid upon maturity.
  • Lump sum – a single payment for the total amount due, as opposed to a series of periodic payments.
  • Endowment insurance – a type of life insurance that is payable to the insured if he is still living on the policy’s maturity date, or to a beneficiary otherwise.
  • Total Premium – the amount to be paid for that time period, which in most cases is a year.

Blog contributor: Janine Daquio


7 responses to “Philamlife Products and Services

  1. Philam life is a good and trusted insurance company, but for the bad news about other insurance company, people are having a second thought to invest for their future.

  2. This is a helpful post. I’m gonna bookmark this and study further. 🙂

  3. this sounds very interesting! i don’t anything like this in the philippines i might have passed this blog link to my husband as he wants to know more assurance about living in philippines if ever! great post dear! xx

  4. I’ve had my share of insurance plans. 🙂

  5. I don’t have an insurance with them but my sister does. The company I must admit is very stable.

  6. I’ve been with PhilAm ever since age 0. 🙂

  7. I didn’t really have to worry about insurance and stuffs cause my mom has prepared them all for me. 🙂

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