Bdo Life Insurance: Application Process Simplified

BDO Life Assurance Company, Inc. offers a wide range of life insurance products to help you prepare for life's unexpected moments and secure your family's future. With BDO Life, you can get personalized plan quotes instantly and choose a plan that suits your needs and budget. The company provides fast and direct access to your policy through its customer portal, where you can view plan details, pay premiums, and file service requests from any device. Additionally, BDO Life offers various payment options, including Peso and Dollar-denominated plans, with flexible premium payment periods. You can also enhance your plan by adding riders for additional coverage. To guide you in selecting the right insurance plan, BDO Life Financial Advisors are readily available to assist you.

How to get a quote for BDO life insurance

To get a quote for BDO life insurance, you can either visit the BDO Life Head Office or contact the BDO Life Customer Care team.

The BDO Life Head Office is located on the 30th floor of the BDO Life Megaplaza, 358 Gil Puyat Avenue, Makati City.

The BDO Life Customer Care hotline can be reached at (+632) 8885-4110 or 1800-1888-6603 (PLDT Toll-free). You can also email them at [email protected]. The team will respond to your query within 24 to 48 banking hours.

Additionally, you can access the BDO Life customer portal to get started on your plan. This allows you to access your policy benefits and information, view your plan details, pay premiums, and file service requests.

BDO Life Assurance Company, Inc. is a life insurance company and wholly-owned subsidiary of BDO Unibank, Inc. It offers a range of life insurance plans, including:

• 20-year insurance coverage with guaranteed payouts and a lump sum cash benefit.
• Lifelong insurance coverage for income continuation with market-driven investment returns.
• Life insurance with critical illness coverage to help fund the cost of treatment for diseases diagnosed at various stages.
• 5-year protection plan for maximum coverage.
• 1-year affordable accidental death and disability plan.
• Accident insurance while onboard a commercial flight.

How to apply for BDO life insurance online

BDO Life, a subsidiary of BDO Unibank, Inc., offers a range of life insurance products to suit your needs and budget. Here is a step-by-step guide on how to apply for BDO life insurance online:

Step 1: Visit the BDO Life Website

Go to the official BDO Life website at www.bdo.com.ph/bdo-life. Here, you can explore the different life insurance plans available, such as Life Secure, and find the one that best suits your needs. BDO Life offers both peso and dollar-denominated life insurance plans.

Step 2: Get a Personalized Plan Quote

On the BDO Life website, you can get a personalized plan quote instantly by clicking on the "Get a Quote" option. This will help you understand the cost and coverage of the plan you are considering.

Step 3: Fill Out the Online Application Form

Once you have chosen your preferred plan, click on the "Apply Now" or "Enroll Now" button to initiate the application process. You will be directed to an online application form, where you will need to provide personal information, such as your name, contact details, and date of birth. You may also be asked about your health status, occupation, and income.

Step 4: Review and Submit the Application

Review your application carefully before submitting it. Ensure that all the information provided is accurate and truthful. By submitting the application, you agree to the terms and conditions of the insurance plan.

Step 5: Wait for Approval

After submitting your application, BDO Life will review it and may request additional information or documentation if needed. This could include proof of identity, employment, or income. Wait for their response, which may take a few business days.

Step 6: Make the Initial Payment

If your application is approved, you will receive a notification or email with instructions on how to make the initial payment for your insurance plan. Follow the payment instructions carefully, and keep a record of the transaction for your reference.

Step 7: Access Your Policy Online

BDO Life offers a customer portal where you can access your policy details and benefits. To sign up, download the BDO Online Mobile App and create your login credentials. You can then log in to the customer portal using these credentials and access your policy information, pay premiums, and file service requests conveniently.

Remember to read the terms and conditions carefully before committing to any insurance plan. If you have any questions or concerns during the application process, you can reach out to BDO Life's customer care hotline or licensed financial advisors for assistance.

How to find your nearest BDO branch

To find your nearest BDO branch, you can use the BDO website, which has a branch locator tool. This will allow you to find the branch closest to your desired location.

Alternatively, you can use Google Maps. Simply open the application on your device, and enter an address, location, or the name of a place. Press 'Enter' or 'Search', and you will see the search results displayed as red mini-pins or red dots, with the top results shown as mini-pins.

You can also try searching for a BDO branch by using a specific service, such as "BDO branch life insurance application". This may help you find the most relevant branch for your needs.

As of 31 October 2011, BDO had 740 domestic branches and 1,545 ATMs, so you should be able to find a location that is convenient for you.

How to contact a BDO Life Financial Advisor

To contact a BDO Life Financial Advisor, you can either visit your nearest BDO branch or fill out an online form.

Visiting a BDO branch

BDO Life Financial Advisors are available at any BDO branch. To find your nearest branch, you can use the branch locator on the BDO website.

Contacting a BDO Life Financial Advisor online

If you would prefer to be contacted by a BDO Life Financial Advisor, you can fill out an online form. After filling out the form, a BDO Life Financial Advisor will call you.

Contacting BDO Life Head Office

You can also contact the BDO Life Head Office directly:

• Address: 30/F BDO Life Megaplaza, 358 Gil Puyat Avenue, Makati City
• Customer Care Hotline: (+632) 8885-4110 or 1800-1888-6603 (PLDT Toll-Free)
• Email: [email protected]

How to pay your BDO life insurance premiums

BDO offers a variety of ways to pay your life insurance premiums. Here are the detailed steps for each payment method:

BDO Bills Payment Facility

For Peso (Php) payments:

• Company Name: BDO Life Assurance Company, Inc.
• Institution Code: 0048
• Subscriber’s Name: Policy Owner’s Name
• Subscriber's Account No.: Policy No. (i.e. S-xxxxxxxx-2-1)

For Dollar (USD) payments:

• Company Name: BDO Life Assurance Company, Inc.
• Institution Code: 0080
• Subscriber’s Name: Policy Owner’s Name
• Subscriber's Account No.: Policy No. (i.e. S-xxxxxxxx-2-1)

BDO Online Banking

Enroll and pay bills using the following information:

For Peso (Php) payments:

• Company Name: BDO Life Assurance Company - Peso
• Subscriber’s Name: Policy Owner’s Name
• Subscriber's Account No.: Policy No. (i.e. S-xxxxxxxx-2-1)

For Dollar (USD) payments:

• Company Name: BDO Life Assurance Co - Dollar
• Subscriber’s Name: Policy Owner’s Name
• Subscriber's Account No.: Policy No. (i.e. S-xxxxxxxx-2-1)

Auto-Debit Arrangement

The Auto-Debit Arrangement is a convenient way to pay your insurance premiums automatically from your nominated BDO savings account. Here are the steps to enroll:

Prepare the following requirements:

• Policy Amendment Request Form (PARF) – completely filled out and originally signed by the Policy Owner and Irrevocable Beneficiary (if any).
• Clear photocopy of any valid government-issued ID with visible signatures and three specimen signatures of the Policy Owner and Irrevocable Beneficiary (if any).
• BDO Auto-Debit Arrangement (ADA) Enrollment Form – two copies, completely filled out and originally signed by the Policy Owner.

• Submit the requirements to your servicing Financial Advisor or to any FA stationed at a BDO branch near you.
• Processing time for this request is 7 banking days.

Recurring Payment Scheme/Auto-Charge Facility

The Recurring Payment Scheme/Auto-Charge Facility allows you to automatically charge your credit card for premium payments. To enroll:

Prepare the following requirements:

• Policy Amendment Request Form (PARF) – completely filled out and originally signed by the Policy Owner and Irrevocable Beneficiary (if any).
• Clear photocopy of any valid government-issued ID with visible signatures and three specimen signatures of the Policy Owner and Irrevocable Beneficiary (if any).
• BDO Recurring Payment Scheme/Auto-Charge Form – completely filled out and originally signed by the Policy Owner.
• Copy of credit card (front only).

• Submit the requirements to your servicing Financial Advisor or to any FA stationed at a BDO branch near you.
• Processing time for this request is 7 banking days.

For other payment channel options and instructions, you can refer to the BDO website or contact their customer service hotline.

Frequently asked questions