AXA Philippines, one of the country’s leading insurance providers, is extending deadlines for payments due within the enhanced community quarantine and expanding insurance coverage related to the novel coronavirus (COVID-19).
“This is our way of helping our customers cope with the current situation. While on quarantine, we want them to stay in their homes, be healthy, and stay safe as much as possible,” says Rahul Hora, AXA Philippines president and chief executive officer.
AXA is extending its payment grace period from 31 days to 60 days for policies due from February 15 to April 30, 2020 for all health and life insurance policies (individual and group).
In addition, AXA Global Health Access policies will cover treatments and hospitalizations related to COVID-19 until June 30, 2020 (subject to the customer’s plan coverage). Compulsory quarantine-related medical expenses will also be covered if the insured is eventually confirmed to be infected with COVID-19.
Moreover, benefits of select AXA insurance products will be paid out whether related to COVID-19 or not. These include Health Max, Health Exentials, and Health Start; Shield Rider, Critical Conditions Rider and Group Critical Illness policies and the Care Rider, Daily Hospital Income benefit under Health Exentials and Group Daily Hospital Income (DHI) policies.
For Smart Traveller, all travel insurance policies bought before March 11, 2020 will be covered for trip cancellation or postponement due to COVID-19. For all AXA policies with life insurance coverage (individual and group policies), death benefits resulting from COVID-19 will be covered.
AXA is also continuing the services which are done in partnership with its health partners. These services are made available to all of AXA’s life and health insurance policyholders for a limited time. With the risks that going to a hospital during the COVID-19 quarantine may entail, AXA customers may avail of medical consultations in the comfort of their own homes through accessing our health partner’s MyPocketDoctor app. With the app, policyholders have access to free 24/7 teleconsultation with a doctor for a limited period.
Through its other health partner, AIDE, customers may also have medical treatment at home and Php200 off on select healthcare servicesonce they download the AIDE app.
For customers who wish to still pay their premiums on time, payment can be made through various convenient AXA payment channels: credit card and bills payment through online banking or mobile apps (Bancnet, PSBank, Metrobank, BPI, BDO, PNB, Landbank, Union Bank, GCash, and Cliqq for individual life insurance policies and PSBank, Metrobank and Paymaya for general insurance policies).
For those who need to file for claims, customers may do so online. For life insurance policies, submit scanned copies of your documents for life claims and policy benefits to life.claims@axa.com.ph. To download forms and to check requirements, please visit www.axa.com.ph/self-service.
To keep updated on customer advisories, visit www.axa.com.ph or talk to an agent at (02) 8581 5292 from Monday to Friday at 8am to 5pm. Customers may also e-mail customer.service@axa.com.ph.
AXA Philippines, one of the leading insurance providers in the country, has partnered with the Philippine Cancer Society (PCS) to help raise cancer awareness and financial preparedness among Filipinos. Various initiatives to educate the public on cancer are lined up to stem out of this alliance, including dissemination of informative content on the importance of a healthy lifestyle for cancer prevention and adapting financial know-how to counter setbacks from serious illnesses. Activities will include free cancer screening and lectures in communities and public schools. Photo shows (L-R) AXA Philippines chief of retail propositions Alok Rungta, president and CEO Rahul Hora, PCS executive director Dr. Rachael Rosario, and education and information committee chair Emily Altomonte-Abrera who is also a member of the PCS Board of Trustees.
AXA Philippines, one of the country’s leading insurance providers, has partnered with Project Inclusion Network to promote diversity and inclusion further inside its organization.
Project Inclusion Network is a non-government organization that helps persons with disabilities (PWDs) find jobs by partnering with local and multinational companies in the Philippines.
AXA Philippines president and chief executive officer Rahul Hora says, “Our partnership with Project Inclusion Network is an important milestone for us, as AXA Philippines becomes an avenue where people of varied backgrounds, lifestyles, and orientations can feel that they are accepted and that they can contribute to society.”
“AXA is doing its share in promoting diversity and inclusion, particularly for persons with disabilities,” explains Project Inclusion Network executive director Grant Javier. “This partnership is a way for both AXA and Project Inclusion to fulfil their commitments and missions.”
AXA Philippines has been supporting and advocating an open and welcoming workplace, providing equal opportunities for all its employees. Its employee benefits include the Global Parent Policy where the primary parent - from biological and adoptive to same sex and single parents - get 112 days of parent leave with pay.
For more information on AXA and its career opportunities, visit www.axa.com.ph.
It is the season for gift-giving, but finding the best present for your loved ones can be tough, especially if you have been giving them gifts for every special occasion every year.
You can narrow your choices by picking something meaningful that will last for a long time and is more precious than material things. Give your loved ones gifts that keep on giving.
Here are some ideas for presents that your loved ones will value for years:
Gym or fitness class membership. Gifts that ensure good health have a lasting benefit. Choose a gym membership, a fitness class, or any activity to get the body moving and sweating. Staying active can help in weight loss and in reducing the risks of heart diseases, diabetes, stroke, and other life-threatening illnesses.
Education. Education is a lifetime gift and the knowledge one gains is something that can never be taken away. You can pay for your loved ones’ tuition if they are interested in taking short courses in cooking, dance, music, and the like.
Ornamental plants. You can also choose a gift that will keep growing, give back health benefits, and is also a beautiful addition to any home: an ornamental plant. You can also take it one step further and bond together over planting a tree.
Insurance. Make sure that your family will continue to enjoy the lifestyle they deserve even when the unexpected happens. With an insurance-investment plan like Asset Master, a premium product from AXA Philippines for the discerning investor, you can build a diversified portfolio of local and global investments. It offers a wealth transfer solution for you and your family so you can seamlessly transfer your estate when the time comes. It also serves as keyman insurance that helps preserve your business legacy for generations to come.
“For your loved ones, the gift of insurance coverage is the ultimate expression of your love and care, providing them support through life’s difficulties and securing their future,” says Rahul Hora, AXA Philippines president and chief executive officer.
Travel. Create new memories with your loved ones and broaden your horizons as you learn about different cultures and people. Ensure that your trip is enjoyable and stress-free with AXA Smart Traveller. This travel insurance product offers a wide range of benefits, including 24-hour medical assistance, personal accident coverage, protection of personal belongings, and even refunds for travel inconvenience.
This holiday season, give your loved ones something they will value for years to come. To know more, talk to an AXA agent today or visit www.axa.com.ph.
Your family is living a comfortable life with all their needs and wants within their reach. But what will happen if the provider of the family suddenly passes away? How can you make sure your loved ones will continue to live a good life even when you are not around?
AXA Philippines, one of the country’s leading insurance providers, ensures your family will go on living well with Asset Master. Designed as an insurance-investment plan, Asset Master allows you to build a diversified investment portfolio of local and global investments and provides a wealth transfer solution to help secure the lifestyle your family deserves for generations to come.
“AXA Philippines aims to be your partner in building a solid foundation so you can secure the lifestyle you desire for yourself and your family,” shares AXA Philippines president and CEO Rahul Hora. “You can have peace of mind knowing that your legacy is supported by Asset Master.”
AXA Asset Master allows you to grow your estate, preserve it effectively, and also transfer it seamlessly. Your estate can grow immediately by 25% upon claiming of the payout with the guaranteed death benefit feature if no partial withdrawals were made.
The payout of your guaranteed death benefit may be used by the beneficiaries to pay for estate taxes so that they don’t have to worry about sourcing or liquidating assets. Proceeds from the insurance payout for irrevocable beneficiaries are tax-exempt, effectively reducing your taxable estate so your heirs may be able to keep their inheritance intact.
Through AXA Asset Master, you gain access to a variety of investment opportunities from different markets across the globe via a comprehensive selection of highly curated Philippine and offshore funds.
For a minimum one-time investment of P100,000 or US$2,000, you can enjoy 125% guaranteed life insurance coverage of your one-time payment. And by investing more, you also get reduced fees and higher guaranteed bonuses every 10th and 20th year.
Start securing your legacy today with AXA Asset Master. To know more, visit https://youtu.be/-Toyb4mmVic or talk to an AXA financial advisor by visiting the nearest Metrobank, PSBank or AXA branch, or email customer.service@axa.com.ph.
GCash Insure, the new comprehensive yet affordable insurance product for GCash users, has partnered with AXA Philippines, one of the country’s leading insurance companies, to underwrite coverage; and MicroEnsure, a global digital insurance provider, to serve as administrator and distributor for this innovative offering.
With life and personal accident insurance coverage of up to P200,000 and daily hospital income insurance up to P10,000, GCash Insure allows Filipinos to have insurance for themselves and their families at an affordable monthly or annual premium. Payments will be deducted from their GCash accounts depending on the customer’s preferred and agreed-upon payment frequency.Customers can choose among bronze, silver, gold, or platinum benefit plans which can cover the user and other beneficiaries, such as their families of up to three persons.GCash, the country’s leading mobile wallet, has begun offering micro-insurance products to its users as a way of democratizing access to financial protection. The technology is provided by MicroEnsure.“It is of utmost importance to feel financially secured, especially during unfortunate events that no one can see coming,” said Rahul Hora, president and CEO of AXA Philippines. “However, a vast majority of Filipinos believe that insurance is expensive or can’t afford to get insurance for themselves or their families. Here at AXA, we believe in empowering people to live a better life and that is why we have joined this initiative and partnered with reliable platforms to bridge that gap."GCash chief data officer Jean-Francois Darre added, “We realized that the insurance needs of Filipinos were not being met due to the reliance of incumbent players on traditional distribution models, and the low awareness among Filipinos of the need for insurance. We want people to understand the benefits of securing their family’s future if something happens to them. We want to provide financial protection that they can afford and appreciate.”Richard Leftley, CEO of MicroEnsure, said, “Providing insurance to the mass market has many challenges that can only be overcome through partnerships. We are excited to be utilizing our skills in creating, selling, and servicing insurance for the mass market which we have gained over the last 17 years to drive this partnership forward.”For more information, visit www.axa.com.ph or www.gcash.com/insure/, contact the GCash hotline at 2882, or send an email to gcashinsure-support@microensure.com.
AXA Philippines, one of the country’s leading insurance companies, recently kicked off its management training program for students from top universities. The program aims to equip excellent students with skills for career success. Held over two productive days, the Boot Camp featured talks on financial literacy and financial planning, business case reviews, group presentations, a coastal clean-up outreach activity at Freedom Island in Parañaque, and various activities designed to build camaraderie among the participants. The program will also provide the best performing students the opportunity to have exciting careers at AXA Philippines. Photo shows this year’s participants with AXA Philippines president and CEO Rahul Hora (top row, center), flanked by chief human resources officer Jaspreet Kakar and regional head of internal audit Asia Peter Stigant, chief of retail propositions Alok Roongta, and head of human resources for internal audit group Heather Ness.
AXA Philippines, one of the country’s leading insurance companies, teamed up with the University Athletic Association of the Philippines (UAAP), both aiming to reach more Filipinos and instill a sense of self-belief in them through their passion for sports. Through this partnership, AXA provides insurance coverage for the UAAP organization for the duration of Season 82. Present during the partnership signing ceremony are (L-R) AXA Philippines chief customer officer Amor Balagtas, AXA Philippines president and CEO Rahul Hora, UAAP Season 82 president Emmanuel Fernandez, and UAAP executive director Rene Andrei Saguisag Jr.
