Family emergency fund: Save now and get an extra layer of protection

Added layer of protection for your family. Receive free P3M life insurance coverage when you open a savings or checking account with BDO.

Think about your family's future. What do you see? 

Perhaps it's your child graduating with flying colors from a top university, your dream business finally opening its doors, or the love of your life walking down the aisle. Whatever your dreams or aspirations are, it is essential to work on your family’s future with a sound financial plan, starting with a family emergency fund.

There is nothing like peace of mind knowing your loved ones are financially protected from the impact of emergencies or sickness. This protection gives your family a solid foundation to confidently take the next step.  

Additionally, it’s vital to combine savings with life insurance in your financial plan to protect your loved ones from financial strain during unforeseen events, ensuring they rely less on the emergency fund.

With BDO, you can get an added layer of protection for your savings. By opening a BDO Smart Checking, ATM Savings, Passbook Savings, or Peso Checking account, you unlock the benefits of a savings account that comes with free life insurance coverage of P3 million. Simply maintain the required minimum initial deposit in your account for up to six months. Signing up is fast and easy with no medical exams required.

Apart from choosing the right bank, here are other things to consider when building a family emergency fund:

• Size matters. The larger the family, the larger the emergency fund. The recommended amount for an emergency fund is three to six months’ worth of living expenses. For larger families, you may want to increase that amount to 12 months. 

• Early planning. The sooner you start, the better. Consider planning your emergency fund with your partner even before starting a family.

• Family fund. Establish a separate emergency fund for your family. Although you may have a personal emergency fund, building one for your family helps manage household expenses and handle bigger financial needs.  

• Accessible and secure. You should be able to tap into your family emergency fund quickly without the lengthy process of liquidating assets. A top and trusted bank such as BDO protects your money against possible financial collapses.

When embarking on your financial journey, remember that each family’s needs and circumstances are unique. One crucial step is to select a bank that exemplifies a strong commitment to care. 

By choosing BDO, you can confidently take the first step towards securing your family’s future. Don’t miss out on this limited offer until May 15, 2025. Visit your nearest BDO branch today or head on to www.bdo.com.ph.

Embracing one’s golden years with confidence

 

GoldCare Plan allows elderlies to focus on what matters most—spending quality time with family.

Filipinos foster a deep sense of respect and regard for elders, ensuring they receive proper care and support as they age. Looking after their well-being is an expression of love and gratitude typical of Pinoys.

 

One meaningful way to ensure elders feel valued and secure is through comprehensive medical insurance coverage.  This allows them to continue enjoying life without the constant worry of healthcare costs. BDO Insure’s GoldCare Plan offers this peace of mind and much more.

 

 

Suitable for seniors on the go

 

GoldCare Plan is designed for older adults and seniors who still want to live life to the fullest. It provides insurance coverage for accidental death, total disablement and dismemberment, hospitalization, and surgical procedures due to accidents and covered illnesses.

 

"Our golden years should be about peace of mind and freedom from financial worries. GoldCare Plan offers you the confidence to enjoy your golden years without the burden of unexpected medical expenses," said BDO Insurance and Reinsurance Brokers, Inc. President Tracy Tan.

 

For a minimum annual premium of only P2,000, this affordable, comprehensive healthcare plan is available to individuals between 40 and 75 years old, renewable up to 80 years old. The plan covers 12 months upon availment, with an annual renewal option. It includes P100,000 in benefits for accidental death/disbursement/disablement, up to P1,000 in daily hospital cash assistance benefit, up to P1,000 in additional cash assistance for intensive care unit confinement, and up to P10,000 in surgical lump sum cash benefit.

 

GoldCare Plan alleviates the financial strain of medical expenses resulting from unfortunate events, allowing elderlies to focus on what matters most—spending quality time with family, pursuing hobbies, and living each day with joy and peace of mind. 

Building a stronger, healthier community of senior citizens 

Having a comprehensive medical insurance coverage encourages seniors to access treatments without hesitation, allowing them to stay healthy and active longer.

 

“The plan creates a sense of community among the elderly, which is crucial for emotional well-being and leads to a higher quality of life,” Tan added. "It empowers you to embrace your golden years with joy, peace of mind, and confidence as you gracefully age.

 

For any inquiries on BDO Insure’s GoldCare Plan, interested parties may visit the BDO Insure website or contact us through (+632) 8838-2364 and bdo-insure@bdo.com.ph.

 

Top 3 Reasons Why You Need to Get SafetyWing Insurance

In an increasingly interconnected world, travel and remote work have become more accessible than ever before. Whether you're a digital nomad, a globetrotting adventurer, or a remote worker, it's essential to prioritize your health and well-being while on the move. That's where SafetyWing Insurance comes into play. SafetyWing is a global travel medical insurance provider that offers comprehensive coverage tailored to the needs of modern travelers and remote workers. In this article, we'll explore the top three reasons why you should consider getting SafetyWing Insurance for your next journey.

1. Comprehensive Coverage Across Borders

One of the standout features of SafetyWing Insurance is its global coverage. Wherever your travels take you, SafetyWing has you covered. This means you can embark on your adventures with peace of mind, knowing that you have access to quality healthcare services worldwide. Whether you're trekking through the Amazon rainforest, exploring the bustling streets of Tokyo, or working remotely from a beach in Bali, SafetyWing ensures that you'll receive the care you need in case of illness or injury.

Moreover, it covers a wide range of medical expenses, including hospitalization, doctor's visits, emergency services, prescription medications, and even emergency dental care. Their coverage extends beyond traditional travel insurance, making it an ideal choice for long-term travelers and digital nomads who need continuous protection.

2. Flexibility and Affordability

SafetyWing Insurance is designed to be flexible and affordable, making it accessible to a broad range of travelers and remote workers. Unlike traditional insurance plans, SafetyWing operates on a subscription-based model, allowing you to pay monthly for the coverage you need. This flexibility means you can start and stop your coverage at any time without being locked into long-term contracts.

The affordability of this insurance is another key advantage. With plans that cost a fraction of what you'd pay for traditional health insurance in many countries, it's an excellent choice for budget-conscious travelers. SafetyWing understands the needs of freelancers and remote workers who value financial flexibility, and their pricing reflects this commitment to affordability.

3. Peace of Mind in Uncertain Times

The world is no stranger to unexpected events, such as natural disasters, political unrest, or health crises. SafetyWing Insurance includes coverage for travel disruptions and trip interruptions, giving you peace of mind during uncertain times. If your travel plans are disrupted due to unforeseen events, it can help cover additional expenses like accommodation and transportation changes, ensuring that you're not left stranded or out of pocket.

Moreover, SafetyWing has demonstrated its commitment to customer support and transparency throughout challenging periods, such as the COVID-19 pandemic. They have adapted their policies to accommodate the changing needs of travelers, offering extensions for policyholders who were unable to return home as planned. This dedication to customer satisfaction reinforces the trust that it has built within the travel community.

SafetyWing Insurance is a top choice for travelers and remote workers seeking comprehensive coverage, flexibility, affordability, and peace of mind while on the go. With its global reach, affordable pricing, and commitment to customer support, SafetyWing is well-equipped to meet the unique needs of today's modern adventurers. Don't leave home without the protection and peace of mind that SafetyWing Insurance can provide on your next journey.

Igloo underscores importance of device and health protection for mobile gamers

 

eSports is experiencing incredible growth globally with analysts projecting that the eSports market as a whole will grow to US$5.48 billion by 2029 from US$1.44 in 2022.

 

The Philippines is one of the countries where eSports is becoming increasingly popular. The country is home to the biggest eSports organization in Southeast Asia and to some of the most talented esports players in the world, ranking 8th in the world in terms of skills. As a rising gaming juggernaut, 95.8% of Filipino internet users play video games across different devices. In fact, 76% of Filipino gamers prefer to play on mobile phones due to its affordability and accessibility.

 

​​With the continued growth of the industry and its recognition as an official sport in events including the Olympics, it’s not surprising that many Filipinos are beginning to view becoming a professional gamer as a career option and are investing in good quality gear to upgrade their gaming experience and performance.

 

Improving one’s skill takes time and logging in hours upon hours of playtime can lead to the wear and tear and damage in gamers’ devices. Continuing to play on a damaged phone or one with a cracked screen not only presents challenges to gameplay performance, it can also cause injuries to the player.

 

Regional insurtech Igloo understands that fixing damaged parts or in more serious cases, replacing the entire phone itself, can be very expensive, which is why it introduced various insurance products to not only protect mobile devices from unwanted incidents such as cracked screens and water damage but also the health of mobile gamers.

 

With the Cracked Screen Protection and the 360-degree Phone Protection, mobile users are provided complete protection for their mobile devices for as low as P21 a month through the GCash GInsure Marketplace and Shopee.

 

“The global gaming industry is growing at such a rapid rate, with Southeast Asia accounting for over 50% of this growth. At Igloo, we aim to provide insurance products for every kind of lifestyle and that includes mobile gamers,” said Igloo’s Country Manager for the Philippines Mario Berta. “Through products like the Cracked Screen Protection and the 360-Phone Protection, we aim to ensure that Filipinos are able to access affordable comprehensive protection through convenient, easy-to-use platforms like GCash and Shopee.”

 

The health risks of mobile gaming

The loss or damage of one’s gaming smartphone isn’t the only risk when embarking on a mobile gaming career as long hours of gaming and spending hours in one position can also lead to health issues such as carpal tunnel syndrome or even heart attacks.

 

The World Health Organization has sounded the alarm over Video Game Addiction or Gaming Disorder as legitimate illnesses that plague gamers from all over the world. Understanding its role in providing protection to mobile gamers, Igloo, together with leading Indonesian e-wallet platform DANA, introduced Gamers’ Protection last year.

 

The award-winning product provides coverage for heart attacks and carpal tunnel syndrome, illnesses that can be caused or exacerbated by frequent and long gaming sessions.

 

“While we share the world’s enthusiasm for mobile gaming, we understand that gaming for long periods of time can also pose health risks for gamers. Understanding our role as an insurtech company providing protection, has spurred us to create Gamers’ Protection,” said Mario. “Gaming is more than just having the best device or skills–it’s also about having protection for yourself and your devices to unleash your full gaming potential.”

 

Gamers’ Protection is currently available in Indonesia but Igloo is looking to bring the product across Southeast Asia in the near future.

 

“We’ve seen how this insurance product has benefited gamers from Indonesia and are currently seeking to introduce said product to other countries within the region in the near future as we believe Southeast Asian gamers will benefit from the protection this product provides,” Mario added.