 BDO Life’s insurance agents act like missionaries -
“the gospel of life insurance” - “trying to sell a
product that nobody wants to buy, that everybody
needs.”
o “When premature death strikes and
disrupts Plan A, Plan B springs to action to
inject the needed cash into Plan A that helps
empower our loved ones to move on. Life
insurance is your Plan B,” Vergel de Dios
said
 Insurance Commission - BDO Life ranks fourth in
terms of new business annual premium equivalent
or NBAPE – the most common performance metric
for new sales used by insurance companies. – 4.1
Billion pesos, 2023
 BDO Life may not be at the top, but it’s a marked
improvement from the seventh spot where it
lingered in 2017, 2018, and 2020.
 BDO Life - as a bancassurance firm. Bancassurance
refers to life insurance companies that sell products
through a bank’s branches. Because the General
Banking Law prohibits banks from directly offering
insurance products, financial institutions usually get
around this by partnering with or setting up
separate insurance businesses.
 Sy-owned BDO is by far the biggest bank in the
Philippines, owning more than P4.28 trillion in
assets as of December 31, 2023. That also means
that BDO Life has a massive bank customer base to
sell its life insurance products to.
 “From the very beginning, I’m focused on marketing
to BDO clients,” Vergel de Dios said. “You market
lang (just) to BDO clients, but that’s a whole
universe in itself.”
 “Our provincial branches have done much better
than our Metro Manila sales. And that’s because
they’ve been able to go down to the middle
income,” Vergel de Dios said. “The people that walk
into the branch that we sell to, nobody has
approached them…and this is the first time that
somebody has bothered to approach them.”
 Rank 3rd in terms of Net Income, P3.6 Billion
Mission
To be the preferred insurance company in every market
we serve.
Vision
To be the leading insurance company that empowers
customers to achieve their goals and aspirations,
combining our entrepreneurial spirit and intense
customer focus to deliver personalized insurance
solutions that are practical, straightforward, and
convenient, while taking pride in building long-term
relationships and finding better ways to deliver
insurance protection products of the highest standards.
Corporate Profile
BDO Life Assurance Company, Inc. is a wholly-owned
subsidiary of BDO Unibank, Inc., the country’s largest
bank to date. BDO Life offers a diverse pool of life
insurance products suitable to the needs of its clients.
Core Values
Commitment to Customers
BDO Life Assurance are committed to deliver
products and services that surpass customer
expectations in value and every aspect of customer
services, while remaining to be prudent and trustworthy
stewards of their wealth.
Commitment to a Dynamic and Efficient Organization
BDO Life Assurance are committed to creating
an organization that is flexible, responds, to change and
encourages innovation and creativity. We are committed
to the process of continuous improvement in everything
we do.
Commitment to Employees
BDO Life Assurance are committed to our
employees’ growth and development and we will
nurture them in an environment where excellence,
integrity, teamwork, professionalism and performance
are valued above all else.
Commitment to Shareholders
BDO Life Assurance are committed to provide
our shareholders with superior returns over the long
term.
 HISTORY
BDO LIFE ASSURANCE COMPANY INC. HISTORY
1997 - BDO Unibank eventually became involved in
insurance services (it is a bancassurance firm) by
establishing a subsidiary called BDO Insurance Brokers.
1999 - BDO Unibank expanded its insurance services
through partnerships with Zamora Assurance and
Assicurazoni Generali s.p.a. (Generali), one of the
world's largest insurance firms, and Jerneh Asia Berhad,
a member of Malaysia's Kuok Group.
2000 - BDO Unibank partnered with Generali Pilipinas
Life Assurance Company and Generali Pilipinas
Insurance Company.
2016 - Originally called Generali Pilipinas Holding Co.
Inc., BDO Unibank Inc. acquired the company and is
currently operating as a subsidiary of BDO Unibank, Inc.
BOARD OF DIRECTORS
Teresita T. Sy Chairperson
Nestor V. Tan Vice Chairman
Renato Vergel de Dios President and CEO
Herminia S. Jacinto Lead Independent
Director
Lucy C. Dy Non-Executive Director
Ariel G. Cantos
Jaime C. Yu
Chairperson: The chairperson leads board meetings,
ensures effective governance practices, and represents
the bank's interests to stakeholders.
Vice Chairman: The vice chairman supports the
chairperson in their duties, fills in when needed, and
collaborates with other board members to make
strategic decisions.
President and CEO: The president and CEO oversees the
bank's overall operations, sets strategic goals, and
ensures the organization's growth and profitability.
Lead Independent Director: The lead independent
director provides guidance to the board, serves as a
liaison between management and independent
directors, and ensures independent oversight of
corporate governance.
Non-Executive Director: The non-executive director
brings outside expertise to the board, offers
independent perspectives on strategic matters, and
helps oversee the bank's performance without being
involved in day-to-day operations.
PRODUCTS AND SERVICES
PERSONAL INSURANCE
 Life Secure - Lifelong insurance coverage that
provides income continuation for those who
depend on you.
Ideal for: Income providers, First-time insurance buyers
 Term Secure 5 - Affordable 5-year protection
plan for maximum coverage when you need it
most.
Ideal for: Borrowers with outstanding loans, Clients who
need insurance for only a limited period
 AcciGuard - Affordable accidental death &
disability plan for one year.
Ideal for: Individuals who are always on-the-go, First-
time insurance buyers
 Study Secure - Coverage for you and your child
with guaranteed payouts to help cover the cost
of education.
Ideal for: Parents or guardians of young children, Long-
term savers looking to enjoy market-driven returns
 Health Secure - Life insurance with critical
illness coverage to help fund the cost of
treatment for diseases diagnosed in their early,
intermediate and advanced stages.
Ideal for: Health-conscious individuals, Breadwinners
 Money8 Secure Plus - 20-year insurance
coverage with guaranteed payouts and a lump
sum cash benefit for you to spend or save.
Ideal for: People who want to grow their savings,
Income providers
 SaveFlex Secure - Lifelong insurance coverage
for income continuation of loved ones with
market-driven investment returns to fund long-
term needs.
Ideal for: Income providers, Customers with medium to
long-term goals
 BDO Life's Income Secure - 20-year insurance
coverage with guaranteed payouts to help you
enjoy a comfortable retirement.
Ideal for: Repeat insurance customers, Long-term savers
with preference for guarantees
 Lifestyle Secure - Insurance coverage with
guaranteed payouts to help you achieve and
maintain your envisioned retirement lifestyle.
Ideal for: Individuals preparing for their retirement,
Long-term savers looking to enjoy market-driven returns
 BDO Life's Wealth Secure - Single pay, lifelong
insurance coverage with market-driven
investment returns to help you transfer wealth
efficiently to the next generation.
Ideal for: Individuals with significant assets, Family
matriarch or patriarch
 MRI (Mortgage Redemption Insurance) - is a
form of insurance, the benefits of which, when
payable, is used to pay the outstanding home
loan of the insured. Having a mortgage loan
insurance is typically required by banks when
granting home loans. In case of death of the
borrower, having an MRI avoids foreclosure of
the mortgaged property at a time when
financial support is needed most. Any life
insurance benefits in excess of the outstanding
loan will be payable to the borrower’s
beneficiaries.
CORPORATE INSURANCE
 Group Yearly Renewable Term Insurance Plan -
Cash benefit for employees’ beneficiaries in the
event of death, regardless of cause.
 Group Personal Accident Insurance Plan - Cash
benefit for your employees or their beneficiaries
for injuries or death resulting from accidents.
Add-ons for additional coverage and cash benefits
 Group Hospital Income Benefit Rider - Daily
allowance for hospital confinement due to an
injury or illness.
 Group Dread Disease Rider - Lump sum cash
benefit upon diagnosis of any covered dread
disease such as heart attack, stroke, or cancer.
 Accidental Hospital Income Rider - Daily
allowance for hospital confinements resulting
from an accidental injury.
 Accidental Death and Disability Rider - Cash
benefits for accidental injury or death.
 Group Burial Assistance Benefit Rider - Lump
sum amount to beneficiaries if employee passes
away, regardless of cause.
This offer is available to groups of at least 10 employees
between 18 to 65 years old, actively at work, and in
good health.
FINANCIAL OVERVIEW
 After COVID-19 pandemic, Sales increased by 49%
and consistently growing by 15% every year
 The net profit margin of 17% means that for every
peso in revenue generated by a company, it retains
17 cents as profit after deducting all expenses,
including taxes, operating costs, and interest.
 In the insurance industry, a 17% net profit margin
would generally be considered quite favorable.
Insurance companies typically operate with
relatively high overhead costs, including
administrative expenses, underwriting costs, and
claims payouts. Therefore, achieving a double-digit
net profit margin indicates efficient operations and
effective risk management
 An asset turnover ratio of 0.22 means that for every
peso of assets, the company generates P0.22 of
revenue. It indicates that the company may not be
efficiently utilizing its assets to generate sales
compared to companies with higher asset turnover
ratios. It could imply issues with inventory
management, sales volume, or asset utilization.
 A debt ratio of 0.80 indicates that 80% of a
company's assets are financed by debt, while the
remaining 20% are financed by equity. This means
the company has a relatively high level of debt
compared to its equity. High debt ratios can signal
financial risk, as the company may have trouble
meeting its debt obligations, especially if earnings
decline or interest rates rise. It's essential to assess
 this ratio in the context of the industry, company's
financial health, and future prospects.

FUTURE ROADMAP

Why should I buy, what is its difference from other

What is the process of applying for Insurance Policy?
insurance companies?
- On their website, pwedeng online account
- I think, there is only little to no difference when
through BDO Life Customer portal
it comes to insurance policies offered by BDO
- On their website, BDO Life Connect with a
Life’s competitor. They all offer insurance
Financial Advisor Form. Just fill out the form so
policies according to your wants and needs and
they can connect you to the nearest BDO Life
to your budget. So, I think it all boils down with
Financial Advisor.
Conveniency. BDO Life, as a subsidiary of the
- Just visit the nearest BDO branch.
largest bank in the Philippines, BDO Unibank, it
makes insurance policy near to people. So, we
can visit them physically at their banks or access
their portal online. Theodore Roosevelt: Comparison is the thief of joy
- Aside from that is also their performance, they - 26th president of US (1901-1909)
were rank 7 last year 2017, rank 5 last year
2022, and rank 4 during 2023. So they are
constantly improving. One of the factors is due “WE PROTECT WHAT YOU VALUE MOST”
to the large market pool and they were also able
to touch people with different income
classification and those who are in provinces.