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Friday, December 27, 2024

Global insurer extends availability of wealth building product

Allianz PNB Life (AZPNBL) remains committed to its purpose of securing more Filipinos by helping them build wealth as their protection and legacy to their families through its Short-Term Endowment Plan with Uniform Payouts financial (STEP UP 7) product.

AZPNBL has decided to extend the STEP UP 7 offer starting January 15, 2024, until supplies last. This extension allows more customers to avail of this plan and take advantage of its benefits of boosting their savings.

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“Our proposition includes a guaranteed payout feature that allows customers to save up over time with the additional payout every year, while providing a level of protection with insurance coverage. This ensures that Filipinos can achieve financial stability and security while they work towards their financial goals,” said Allianz PNB Life chief product provider officer Leo Tan, Jr.

STEP UP 7 is a single-pay, non-participating endowment life insurance plan that matures in 7 years.

The product is ideal for individuals who want to add another stable and guaranteed stream of income to boost their savings while enjoying the benefits of insurance coverage.

The plan offers guaranteed protection, maturity benefits, and an additional annual payout of 3.25 percent for 7 years.

Since its launch in 2019, it has garnered the attention of customers becoming one of the most availed products of AZPNBL.

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