Categories: Tips

BDO Kabayan Savings Free Life and Accident Insurance

Get insured while you save and send remittances to a BDO Kabayan Savings Account! While they take care of your hard-earned money, they will help you secure your family’s future.

To qualify remitters of BDO Kabayan Savings Account, enroll the account in Free Life and Accident Insurance now!

Program Mechanics:

1. Remitters, 18-65 years old and currently employed, may qualify for Free Life and Accident Insurance through BDO Kabayan Savings Account.
2. Enroll your BDO Kabayan Savings Account in Free Life and Accident Insurance if the account is under the name of the remitter or the remitter’s spouse, child, parent or sibling.
3. Each enrolled BDO Kabayan Savings Account must meet the following requirements in the last 12 months:
a. At least six (6) remittance transactions
b. Average Daily Balance (ADB) of at least PHP25,000 (maintained in your account), which is easy to maintain when you save through your BDO Kabayan Savings Account
4. The enrolled remitter is covered by insurance for every month above requirements are met.
5. The insured amount is 50% of ADB plus 50% of total remittances in the last 12 months not exceeding PHP1M per enrolled remitter.

Share
Published by
Juan in Oman

Recent Posts

DFA and Comelec Gear Up for 2025: Online Voting for Overseas Filipinos Set to Launch

The Department of Foreign Affairs (DFA) said preparations are ongoing for the implementation of online…

2 months ago

Philippine Embassy in Muscat is open every last Friday of the month

Starting this September, the Philippine Embassy will now be open every last Friday of the…

2 months ago

LTO to Launch Online Driver’s License Renewal for OFWs This Year

The Land Transportation Office (LTO) is set to roll out an online platform for driver's…

2 months ago

5 Ways to Earn Via Social Media as an Overseas Filipino Worker

In today's digital age, social media has become more than just a platform for staying…

2 months ago

Introducing the better and improved DWM Mobile App – OFW Pass

Calling all Filipinos working abroad! The Department of Migrant Workers (DMW) wants you to know…

3 months ago

Heads Up, Travelers: Philippines to Increase Airport Terminal Fees Starting 2025

The Department of Transportation (DOTr) in the Philippines has confirmed plans to raise airport fees…

3 months ago