Life and Accident Insurance for OFWs

Free Life and Accident Insurance

Get insured while you save and send remittances to a BDO Kabayan Savings Account! While we take care of your hard-earned money, we 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

  1. The enrolled remitter is covered by insurance for every month above requirements are met.
     
  2. The insured amount is 50% of ADB plus 50% of total remittances in the last 12 months not exceeding PHP1M per enrolled remitter.