When you’re in a time crunch, deciding on an insurance plan can be overwhelming with all the facts and figures to process. One way to ease the information overload? Head to a bank with insurance services like BPI and consult with a Bancassurance Sales Executive. Here are the ways they can help with your life goals.

1. Provide access to a wealth of expert knowledge

When you work with a Bancassurance Sales Executive, you tap into the collective expertise and knowledge of BPI and AIA Philippines, two powerhouses in the finance sector.

A Bancassurance Sales Executive navigates the maze of banking, investment and insurance products so you don't have to. This provides you with a strong groundwork for making well-informed insurance and financial planning decisions.

2. Make you feel at ease about getting expert financial guidance

Many people feel uneasy talking to financial experts because they worry about being judged on how they manage money or due to their lack of funds. Some researchers call this discomfort "financial adviser anxiety."

If you're nervous about discussing money, going to a bank for financial advice might help because there is already a built-in trust. You feel secure and less intimidated than seeking advice from a separate financial adviser with whom you have no prior relationship.

Since the bank already has your financial information, transactions are more streamlined, reducing your stress around paperwork and disclosure of money matters. With an insurance application process, you only need to deal with one person, the Bancassurance Sales Executive.

3. Give you a financial wellness check-up

One of the services BPI AIA Bancassurance Sales Executive offers is an evaluation of your financial well-being via a Financial Wellness and Needs Assessment. They will talk to you about the following:

• Your financial goals and objectives, both short-term and long-term
• Your risk tolerance and investment preferences
• Your existing insurance coverage and financial plans
• Your family situation and dependents

4. Deliver tailored financial solutions

A bancassurance financial adviser needs to know your income, assets, liabilities, and expenses to recommend the best products that align with your financial objectives. This data allows them to protect your finances and help manage risks. Their advice may ask you to look at savings with insurance, broader health coverage, or both depending on your situation.

5. Give you the benefit of a long-term partnership

Helping you achieve your financial goals is not a one-time task for a Bancassurance Sales Executive. They can review, adjust, and customize recommendations to ensure you stay on track toward your goals, especially as your financial situation evolves.

As your long-term partner, a bancassurance financial adviser handles your policy's reporting, planning, and administration. They can also help you file claims more efficiently, taking you through the necessary steps and paperwork. The fact that you can also go to your bank anytime you want updates makes things less stressful.

How to secure a consultation with no obligations

The next time you visit your BPI branch, connect with BPI AIA's Bancassurance Sales Executive. Meet them to determine if they are someone you would feel comfortable talking to and having a long-term relationship with. Be upfront about your worries about sharing personal financial information. A trustworthy adviser will understand and work hard to put you at ease.

Scheduling a commitment-free consultation will also allow you to understand the type of insurance you need. Ask the following questions when you meet with a Bancassurance Sales Executive:

1. Can you tell me about the popular insurance products among the bank customers? How have they helped the customers?
2. How do you determine what kind of insurance a person needs based on their financial situation? What type of information do you collect when you do this?
3. How much should I expect to pay, including premiums, fees, and charges?
4. Are there any exclusions or limitations in the policy?
5. What are the risks involved with these products?
6. What support will you provide after I purchase the product?
7. Tell me about the claims process. How long does it typically take?
8. What are the terms for canceling the policy?

You rely on a doctor's expertise and experience to address your health concerns. It’s the same as seeing a bancassurance adviser—they're there to support and help, not judge you, with your financial wellness.

Ready to take charge of your financial future? Fill out the form below to schedule your personalized Financial Wellness and Needs Assessment. BPI AIA's Bancassurance Sales Executive will call you once they get your request. You can also call (02) 8528 5501 or drop by any of BPI's 700 branches nationwide. Let's work together to create a plan for your financial success!