PERIOD: August 1 – August 31, 2021

 

Program Features:

  • Qualified BPI clients will enjoy Improved Packages* on BPI MS Motor and Fire insurance packages during the limited
  • Qualified clients availing Fire Insurance may choose from a comprehensive home package (Home Care Advantage)*, a comprehensive condominium package (Condominium Care Advantage)* or a comprehensive business package (Business Care Advantage)*. All are subject to underwriting review and approval.
  • Motor vehicle owners may choose to avail of either the standard BPI MS Comprehensive Motor Insurance or the BPI MS Comprehensive Motor Insurance with Acts of Nature Cover. Some vehicles may require underwriting review and approval.
  • Qualified BPI clients who will avail of the said packages during the program period will also get exclusive benefits**.

 

General Mechanics:

  1. The program is open to all clients of BPI and BPI Family Savings Bank with real estate properties or motor vehicles that fall within the qualifications below.
  2. The program shall cover the following:
    1. Insured real estate properties and motor vehicles without existing BPI MS Insurance policy but expiring within 3 months from the program period.
    2. With expiring policies from a different insurer
    3. Newly purchased real estate properties and motor vehicles not mortgaged with BPI Family Savings Bank
    4. Real estate properties and motor vehicles with expired BPI MS policies for more than 30 days prior to program period.
    5. Real estate properties or motor vehicles without existing insurance from BPI MS and is currently mortgaged (on its 2nd year onwards) with BPI Family Savings Bank.
    6. Real estate properties or motor vehicles previously mortgaged with BPI Family Savings Bank and loan with the bank has matured for more than 30 days.
  3. Real estate properties and motor vehicles with existing BPI MS policies not falling in the qualifications above are not qualified.
  4. Real estate properties and motor vehicles that are to be mortgaged through BPI Family Bank Loan are
  5. To apply, client must submit a copy of his/her existing policy with BPI MS or with another insurer to validate expiry of their current insurance. For accounts without existing policies, a completely filled out application form or a copy of the OR/CR (for motor vehicles) must be submitted to BPI MS or to a BPI / BPI Family Savings Bank Branch.
  6. Only BPI MS Insurance quotations issued to qualified BPI clients within the specified program period will be honored and will be subject to issuance of the policy upon acceptance of the client. These expire thirty (30) days from the quotation date.

 

 

* Special Packages – Subject to program terms and conditions and underwriting approval

* HCA, CCA and BCA – As applicable to the property: All BPI MS insurance products are subject to terms and conditions

 ** Benefits – As applicable to the property being covered, cannot be converted to additional discount