Insular Life (InLife), the country’s first and largest Filipino life insurance company, has introduced iProtect, a flexible and cost-effective renewable term life insurance plan designed to provide financial security without straining current budgets.
Comprehensive Coverage for Families
iProtect offers a death benefit of 200% of the sum insured, ensuring that families receive substantial financial protection in case of the policyholder’s passing within the coverage period. This plan aims to help individuals and families maintain financial stability during unforeseen circumstances.
To cater to different needs and financial capacities, iProtect is available in three variants:
- Yearly Renewable Term (YRT): Provides one-year coverage with the option to renew annually.
- 5YRT: Offers a five-year coverage with a fixed premium payment term.
- 10YRT: Extends coverage for ten years with a corresponding ten-year premium term.
These options make iProtect a versatile solution for individuals at different stages of life, whether they are new to the workforce, managing household expenses, or planning their estate. The plan also includes automatic renewability and can be converted into a permanent life insurance plan.
A Simple Yet Powerful Protection Plan
“iProtect was designed to be a simple yet powerful form of life protection. It provides a safety net for individuals and families in times of unexpected events, in whatever life stage they may be. It is an ideal plan for those entering the workforce, raising a family and managing financial commitments such as paying off a mortgage, or ensuring financial stability for heirs and dependents through an estate plan. iProtect will ensure your loved ones are indeed protected,” according to InLife Chief Marketing and Bancassurance Officer Gae L. Martinez.
Available for individuals aged 0 to 70 years old, iProtect is accessible to a broad customer base. Policyholders can also enhance their coverage by adding boosters for accident, disability, critical illness, and hospitalization benefits.
For more details about InLIfe’s iProtect via https://bit.ly/IProtect.