A study by fast-rising insurance company EastWest Ageas found that 82% of Filipinos are actively working towards income security, while 81% prioritize staying healthy to keep medical bills at bay. However, according to WTW Research Network, wages are expected to stagnate by 2026, with nearly half of Philippine companies cutting their salary budgets due to a potential global recession and cost-cutting measures. This, coupled with the rising food and housing costs, can deter young adults from pursuing their financial goals.
With these in mind, EastWest Ageas has launched the Dream Builder Plan as part of its growing roster of PURPLE solutions. With Dream Builder, policyholders can enjoy guaranteed cash payouts at the end of the 6th policy year and secure their financial futures with the maturity benefit at the end of the 20th year. Policyholders are also entitled to a death benefit that is 200% of the Sum Insured, plus 10% applicable from the 11th up to the 20th year.
These features make the Dream Builder ideal for Filipinos who want to stretch their income to cover both their daily needs and emergency funds. Not only that, the plan will also help policyholders reach their long-term financial goals—whether they be securing their children’s college fund or saving up for retirement. Dream Builder is also more accessible thanks to its simplified application process.
“Filipinos deserve a solution that empowers them to pursue their life goals while still staying protected, ” shares Sjoerd Smeets, President and CEO of EastWest Ageas. “We designed an insurance solution that gives you the confidence to plan ahead. Whether you’re preparing for retirement, saving for your children’s college education, or you’re the breadwinner seeking financial security, we created a product that provides the protection and guaranteed benefits you need to confidently pursue your dreams, worry-free. All of this is in Dream Builder.”
“We are proud to add Dream Builder into our suite of products,” adds Greg Martin, Chief Distribution and Marketing Officer. “With it, we hope to help more Filipinos build their dreams with the knowledge that they are secured as they pursue them. Life may be uncertain, but Dream Builder offers the security and peace of mind that every Filipino deserves.”
To avail of the Dream Builder plan, interested policyholders may reach out to EastWest Ageas’ financial consultants and financial advisors in EastWest Bank’s nationwide branches. For more information on how EastWest Ageas will help you build your dreams today, visit www.ewageas.com.ph.
