AXA PHILIPPINES Life and General Insurance Corp. has unveiled a new life insurance product called AXA Secure Future, offering guaranteed annual payouts. The product provides life insurance coverage, along with yearly disbursements equivalent to 8% of the basic sum insured. These payouts begin in the eighth year and continue until the 20th year of the policy, regardless of market conditions. The payment plan spans seven years, with payouts issued annually on the policy anniversary.
Fernando V. Villar, Chief Marketing Officer at AXA Philippines, emphasized the company’s commitment to empowering individuals. “At AXA, we believe in empowering individuals to take charge of their financial journeys, no matter their life stage. With AXA Secure Future, which offers guaranteed yearly payouts and a lump sum benefit, we’re giving our customers the confidence to plan and live life on their terms — because we believe that when you know you can, you will,” Villar stated.
The policy also includes non-guaranteed cash dividends, which are contingent on the company’s financial performance and can be earned from the eighth to the 20th year. AXA Philippines highlighted the versatility of this feature. “Whether you need to supplement savings, additional funds for your expenses, or fund a dream project, this feature ensures continuous cash flow,” the company explained.
Upon the policy’s maturity, policyholders will receive 100% of their plan’s basic sum insured. Additionally, the insured has the option to access 50% of the death benefit in advance to cover treatment expenses in the event of a terminal illness diagnosis.
According to data from the Insurance Commission, AXA Philippines recorded a premium income of P26.55 billion in 2024, and its life unit achieved a net income of P2.47 billion last year.
