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AIA PHILAM LIFE LAUNCHES FIN-ED SERIES VIA FB LIVE FOR THOSE IN THE GIG ECONOMY

MANILA, PHILIPPINES – Everybody gets sick and nobody can predict when this will happen, especially during these uncertain times. And no matter what our livelihood is, we all deserve to be protected from the financial burden that comes with getting sick.

While many regular employees may be financially protected because their company perks include medical benefits, there is a growing number of Filipinos who belong to the gig economy, workers who are not employed full-time and not entitled to the usual company benefits. This makes them vulnerable to the financial impact of health risks, which means that they need to make sure they are ready for any emergency situation.

With these workers in the gig economy in mind, AIA Philam Life recently launched BeLive, a six-episode Facebook Live series which aims to educate freelancers on the importance of being protected from life’s common risks (like health and medical concerns) so they can be worry-free when these untoward events happen.

Hosted by Gino Quillamor and AIA Philam Life Head of Products Ten Paras, the online show airs every other Friday from June to August. Each episode features a freelancer who will talk about their personal life experiences that will help fellow freelancers understand the importance of being protected.

The speaker for the next episode is Porshe Caina, a multi-platform artist, musician, entrepreneur, and teacher.

Know more about her story by tuning in on Friday, July 2 at 8:00PM on AIA Philam Life’s Facebook Live (http://facebook.com/aiaphilamlife). Follow AIA Philam Life’s Facebook account for more information on BeLive,

 

 

About AIA Philam Life

 

The Philippine American Life and General Insurance Company (AIA Philam Life) is the country’s premier life insurance company. Established on 21 June 1947, AIA Philam Life has earned the trust of customers for its financial strength, strong brand name, and ability to deliver on its promises.

AIA Philam Life has PHP291.63 billion in total assets and PHP80.20 billion in net worth as of 31 December 2020, while serving over 800,000 individual policyholders and almost 1,000,000 insured group members.

AIA Philam Life is a member of AIA Group Limited, the largest independent publicly listed pan-Asian life insurance group.

About the Philam Group

The Philam Group comprises the biggest life insurance group in the Philippines. By putting its customers at the center of its operations, the Philam Group has earned the trust of its stakeholders and has achieved continued growth over the years.

The Philam Group was formed with the mission of racing against risk to empower Filipinos to live healthier, longer, better lives. Through its strong network, it is able to offer financial solutions such as life protection, health insurance, savings, education, retirement, investment, group and credit life insurance, and fund management products and services.

After the establishment of AIA Philam Life in 1947, the Philam Group has since expanded to include other affiliate companies, namely: BPI-Philam Life Assurance Company (BPLAC), Philam Asset Management Inc. (PAMI), and Philam Foundation.

Based on the Insurance Commission results as of 31 December 2020, the combined total premium income of AIA Philam Life and BPLAC is at PHP33.06 billion.

 

 

About AIA

 

AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets – wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR[1], Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, the Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei, Macau SAR[2] and New Zealand, and a 49 per cent joint venture in India.

 

The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$326 billion as of 31 December 2020.

 

AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia, AIA serves the holders of more than 38 million individual policies and over 16 million participating members of group insurance schemes.

 

AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code “1299” with American Depositary Receipts (Level 1) traded on the over-the-counter market (ticker symbol: “AAGIY”).

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