First PH online life insurance store helps OFWs secure financial future

By CHARLES RAYMOND A. MAXEY
OVERSEAS Filipino Workers (OFWs) planning to secure their financial future can turn to AXA Philippines for help though its AXA Insurance Online or AXA ION.
AXA ION is the country’s first online life insurance store that aims to provide an avenue for the OFWs to prepare for their future while they are abroad.
With AXA ION, Filipinos abroad can now access the most basic financial products that will help them in securing their financial future though a transparent, easy and affordable way.
Maya del Rosario, AXA Philippines segment marketing director, said although many good stories have been told about the OFWs being strong contributor to the country’s economy, there are sad tales involving them that have not been narrated.
Del Rosario said there are OFWs who, after going abroad and earning money, end up with no pennies in their pockets and financially distress.
“The conditions in the country are still driving people to just find work abroad. But, when they already have money to save or to invest, they have limited options abroad,” Del Rosario said in a press briefing at the Seda Hotel yesterday.
“They leave poor and sometimes they will come back poor. We think that over the last few years there has been a dearth of support coming from the financial services industry, to really be able to help our OFW in a way that is relevant and tangible,” she added.
AXA ION offers four fully guaranteed products that make the AXA eXentials line which are designed to be affordable with premiums starting at only P1,000 per month. These are Health eXentials, Saving eXentials, Academic eXentials and Life eXentials.