This insurance company wants you to take your unclaimed money

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EVERYONE wants to be the recipient of a windfall. Who doesn’t? Imagine all you can do with it: buy your dream house, start a business or invest it in long-term savings products. The possibilities are limitless.

Well, who knows? These might be handy.

AIA Philippines (formerly AIA Philam Life) is looking for beneficiaries so that they can withdraw their unclaimed money and fulfill their dreams.

The nation’s leading life insurance company recently launched a campaign to seek out thousands of its policyholders and beneficiaries who have yet to claim their benefits ranging from policy maturities, reinstatements, claims, surrenders and even refunds.

Despite fervent efforts to contact its customers through registered mail, email, phone calls and their agents, there are still a large number of people to contact, with benefits to claim. Customers may not have heard from them for a while due to a change of address or contact information. With big life changes, routine things like updating their policy details or telling their beneficiaries about their life insurance coverage may be the last thing on their minds. Or maybe they just lost touch with their agent over the years.

“We do this because we have a promise that goes beyond passive response when our customers make a complaint,” said Geegee Lopez, COO of AIA Philippines. “The promise to help our customers live healthier, longer and better lives involves ensuring that these hard-earned benefits reach their intended recipients. We are asking for everyone’s help in locating our clients or their dependents so that we can pay them their unclaimed benefits.

If that sounds like you, you can quickly check if you have any unclaimed benefits via https://bit.ly/AIAPH_CheckYourMoney. Simply enter the policy owner or beneficiary details and wait to be notified if you are eligible for a claim.

You can also visit the AIA Philippines website, AIA Philippines on Facebook, email [email protected] or call (02) 8528-2000 to find out more.

About AIA Philippines

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

AIA Philippines has total assets of PHP291.63 billion1 and a net worth of PHP80.20 billion2 as of December 31, 2020, while serving over 800,000 individual policyholders and nearly 1,000,000 insured group members.

AIA Philippines understands the needs of its clients and provides holistic solutions that include life protection, health insurance, savings, education, retirement, investment, group and credit life insurance. It also offers bancassurance and fund management products and services through its subsidiaries – BPI AIA Life Assurance Corporation (formerly BPI-Philam Life Assurance Corporation) and Philam Asset Management Inc. (PAMI).

Based on the results of the Insurance Commission as of December 31, 2020, the combined total premium income of AIA Philippines and BPI AIA was PHP 33.06 billion.

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

About the AIA

AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) are the largest independently listed pan-Asian life insurance group. It operates in 18 markets – branches and wholly-owned subsidiaries in Mainland China, Hong Kong SAR3, Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, New Zealand, Philippines, South Korea, Sri Lanka, Taiwan ( China), Vietnam, Brunei and Macao SAR4, and a 49% joint venture in India.

The company that is now AIA was established in Shanghai over a century ago in 1919. It is a market leader in Asia (excluding Japan) based on life insurance premiums and holds leading positions in most of its markets. Its total assets stood at US$340 billion as of December 31, 2021.

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, creditor life insurance and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia, AIA serves holders of more than 39 million individual policies and over 16 million participating group insurance plan members.

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

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