With numerous types of insurance in the Philippines available, choosing one can be confusing or even intimidating. 

Insurance coverage tailored to your lifestyle and budget takes away the stress of worrying about having the money for unexpected costs. It makes you and your family financially ready for any situation, allowing you to focus on living life worry-free so you can do more.

Completing this quiz will make it simple for you to begin your search for the right type of insurance. It will take only a few minutes, but it's enough time to learn how insurance can protect your finances based on your current priorities and needs—all without drowning in complicated jargon. Let's begin!

A. I just landed my first full-time job a year ago.

B. I am a freelancing professional at the moment.

C. I'm a proud parent of one (or more!) with a full-time job.

D. I just heard myself talk about retirement to a friend. 

A. Nope, it's just me.

B. Yes, I am the breadwinner among my siblings.

C. I am newly married but plan on starting a family soon.

D. I run a small business with a few employees.

A. I need to reassess my approach to saving money.

B. I budget carefully but I know how to treat myself.

C. I tend to plan every purchase to keep family finances in check.

D. I want to diversify my portfolio to establish long-term financial security.

A. Building up my emergency savings (I don't have much put away)

B. Saving for a big-ticket item like a house, car, or dream vacation

C. Creating an education fund for my kids' future

D. Planning a future that allows me to live comfortably

A. Struggling to manage unforeseen expenses

B. Finding it difficult to avoid dipping into savings

C. Worried about my family if something happens to me

D. Facing retirement with limited income

A. Having an HMO, which my company covers thankfully

B. Paying for medical expenses out-of-pocket

C. Dealing with a serious health issue in the family

D. Spending my savings on a medical emergency

A. I'm always up for new experiences because YOLO!

B. Sometimes, I play it safe; sometimes, I'm bold. 

C. I always plan ahead because I have people depending on me.

D. I prefer a stable, predictable lifestyle.

A. I put my money in the bank.

B. I set aside money to cover any unexpected costs.

C. I have a life insurance policy.

D. I have insurance, but it is not comprehensive enough.

A. I'm okay taking risks, but only when the potential payoff is huge.

B. I like to balance risk and reward.

C. I prefer low-risk investments to protect what I've built.

D. I prefer to play it safe to minimize any chance of loss.

A. I'm just starting to learn about it all, to be honest.

B. I save regularly, but I find insurance expensive.

C. I am insured but would like to learn more about investing.

D. I am taking the time to reevaluate since I am not getting any younger.

Before viewing your results, keep in mind that the insurance recommendations provided here are just a starting point. You can schedule a free Financial Wellness and Needs Assessment with a Bancassurance Sales Executive to understand more about how you can protect yourself or your loved ones through a BPI AIA plan. 

Now, it's time to see your results! Based on your responses, here are the types of insurance in the Philippines that are ideal for you.

Buying life insurance may not be on your mind, but it's the kind of protection worth a second thought. For instance, unexpected accidents or injuries can mean income loss if you can’t attend work. Life insurance with personal accident or disability coverage offers cash benefits when you need it the most.

Your savings are your number one asset. Health insurance can protect the money you've set aside for other financial goals. It can cover medical expenses, from hospitalization and critical care to surgical procedures and emergency services.

Protecting your family's future comes first. But it's just as important to prioritize your financial well-being. Life insurance savings plans can grow your income and offer financial protection for your loved ones if something happens to you.

Saving for a comfortable lifestyle in retirement is your focus. Achieve the goal with the help of insurance with investment plans. For instance, a variable universal life (VUL) insurance policy can help you grow your savings conservatively and provide life coverage at the same time.

Getting personalized guidance on insurance coverage can bring you the ultimate peace of mind. Your future self will thank you!

Still curious about the different types of insurance in the Philippines? Visit your nearest BPI branch or schedule a FREE Financial Wellness and Needs Assessment by filling out the form below.