Updated: June 11, 2015
Life insurance is an essential part of a sound financial plan. It provides financial security and peace of mind to those who mean the most to you – your spouse, your children, and dependent parents.
However, if you’re working as an OFW, access to life insurance is not easy. Most Filipinos would have to wait until they can visit home to avail one.
Fortunately, AXA Philippines just launched the very FIRST online store for life insurance, which caters to Filipinos, especially OFWs.
The cost of college education in a good private school today is over P100,000 a year and tuition fees also regularly increase.
Academic Exentials is an educational plan with guaranteed cash benefits to help you with the costs of college education like tuition fees, textbooks, or learning materials.
Savings Exentials is the easy, convenient and automatic way to save even while you’re abroad. Another feature of Savings Exentials is that you won’t have to pay premiums if you get totally or permanently disabled.
Moreover, should you become disabled or suddenly pass away, you or your family will still receive the guaranteed cash benefits on your savings plan when your Savings Exentials matures.
More and more people are getting sick with critical illnesses such as heart disease, stroke, and cancer. Treatments for these can be very expensive.
With Health Exentials, you get a value-for-money health plan that can provide you more than P5,000,000 worth of medical benefits for as low as only P59 a day.
Health Exentials gives you high coverage in case you get any of the 35 critical conditions or illnesses covered, 100% upon diagnosis and another 100% if you get totally and permanently disabled because of the condition.
You also get a cash benefit for every day of hospitalization when you are confined in for 3 days or longer, plus double the amount in case you’re confined in the ICU (intensive care unit). You also get a cash benefit if you reach age 55 without using this critical illness insurance plan or in case you pass away within the coverage period.
You work hard away from your loved ones to give them a good life. But what happens if you unexpectedly pass away, especially while you are abroad? Who will take care of the day-to-day needs of your family?
With Life Exentials, your family and loved ones can receive cash for up to 60 months in case of your death or upon diagnosis of a terminal illness, even while you’re abroad.
Your family can use the guaranteed cash benefit to help pay for daily living costs, including household expenses, food, rent, and utility bills. They can also stay ahead of long-term costs, like education or mortgage, even after you’re gone, so that your dreams for them can still come true, even when you’re gone.
HOW TO USE THE WEBSITE
It’s as easy as 1-2-3
- Visit www.axaion.com.ph
- Choose your plan and apply for insurance by completing the easy and simple online insurance application form.
- Pay premiums online using your credit card
REMEMBER THIS: After payment, a representative from AXA will call you to confirm that all information you provided is complete and accurate.
COMMON QUESTIONS ABOUT AXA iON
What are the payment options?
You can use your Visa or Master Card credit card to pay for your monthly premiums. AXA iON provides the convenience of Auto Charge Facility that automatically charges your monthly premium to your credit card.
Can I use someone else’s credit card?
No you may not. You must be the owner of the credit card that will be used to pay for the initial premium payment as well as the succeeding payments.
My credit card might be hacked. How can I be sure of the security?
You need not worry about the security of your credit card details. AXA iON’s payment partner, PesoPay (AsiaPay), is the only online provider in the Philippines to achieve the highest security compliance in the world, PCI DSS 2.0. It is trusted by 7,000 merchants across Asia, Australia and the United Kingdom.
I do not have a credit card. What are my options?
You may avail of any of the Exentials products via accredited AXA financial partners in AXA, Metrobank and PSBank branches. You may also set an appointment with an AXA Financial Partner nearest you using www.myaxapartner.com.ph.
Do I need to submit documents or visit an AXA branch?
No document submissions needed. AXA iON is a paperless transaction from start to finish. No need to print, scan or visit any AXA branches. By going through the online application process, you will provide all the information needed to effect your plan.
Do I need to talk to an insurance agent to complete my application?
Applications in AXA iON are simple, straightforward, and very easy to accomplish. However, if you have an AXA financial partner and wish to be assisted, that is acceptable and allowed.
ABOUT AXA Philippines
AXA is a global leader in insurance, which takes care of 102 million lives in 56 countries worldwide.
The company has given out 15 million US dollars in customer benefits in 2013, and invest in technology to pioneer solutions and services that can continuously meet customer’s ever-changing needs.
In the Philippines, AXA has partnered with Metrobank Group, the country’s strongest bank according to The Asian Banker.
Do you have questions? Type them below in the comments section.
Disclosure: AXA iON is a brand partner of this blog