Fitz and Rienzie talks to Investments Solutions Director for AXA Philippines, Dexter Agcaoili about the Asset Master. of traditional whole life and VUL(investment-linked) and you'd find that those figures you have there are at most normal. And no its not true. The lowest sum insured for this is at 400k, age covers up to 100 years of age and you can pay for at least 10 years. A free inside look at company reviews and salaries posted anonymously by employees. UPDATED: June 09, 2020 The Insurance Commission (IC) has released the top 10 life insurance companies in the Philippines in 2019. When you buy a variable universal life or VUL plan, you are not just buying a life insurance.One of the things that you would need to decide is the choice of investment.Whether you go for the Axelerator, Academix, LifeBasix, RetireSmart, or MyAmbition, AXA Philippines will let you pick the best fund that you’d like to invest in. Hey let me just tell you about Life Basix. But a mong the seven categories, only one of them is widely used. You pay for only 5 years 1,000 a month and you are insured for 600,000 (paid in 60 monthly amounts of 10k) as death benefit up to you are 55. I'm guessing that you already know that VUL has no guarantees on the earning/performance right? Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. AXA Philippines doesn't offer health insurance. Life BasiX is a variable investment plan designed to protect your family from loss of income when you suddenly pass away,and at the same time, allows you to set aside money for long-term goals through high-earning potential AXA investment funds. On 8/10/2018 I went to AXA Advisors’ Houston Texas branch, where an AXA Advisor helped me to change the form of my name with my AXA account. (just check axa.com.ph for the rest of the products) It's called Life Basix. I can't say if AXA has the more expensive offering though. But seeing that you mentioned about a restriction on redemption/withdrawal then you probably have the Life BasiX. Its probably the newer Life BasiX or the older AXA Honey. 45 AXA reviews in Republic of the Philippines. Brochure Contact: Reynante M. Yrauda Mobile: +639255042042 email:ynanrecommends@gmail.com Traditional Life Insurance Policies (Assure & Saver) 2. Life Insurance Companies Premium Income in 2019; Sun Life of Canada (Philippines), Inc. PHP 39,513,806,284: PRU Life Insurance Corporation of U.K. PHP 26,965,125,719 You can choose to withdraw from your funds but you will be paying a penalty. Basically at AXA this is our holistic VUL that have the benefits of critical condition, accidents, hospital daily income and an additional sum insured on top of the initial sum insured. The cheapest premium to cover is actually their Life eXentials. AXA Philippines only offer the following products: 1. Investment Linked Policies--- Honey, Honey Pot--- Honey Peso, Honey Pot Peso, Honey Peso Five--- Retirement Fund, College Fund, etc. Instead of getting say 10%, 8% or 4% as the illustration normally shows. The professional and friendly lady spent quite some time to call the office(s) in charge and prepare /copy/fax the documents.