MANILA, Philippines, July 7, 2026 — AIA Philippines, formerly Philam Life, and BPI AIA Life Assurance Corporation (BPI AIA), the bancassurance partnership between the Bank of the Philippine Islands (BPI) and AIA Philippines, have strengthened their commitment to empowering Filipinos to live healthier, longer, and better lives by supporting the Kythe Foundation to mark the launch of their latest health insurance solutions—AIA Critical Protect Plus and BPI AIA MultiCare Protect. 

These new products respond to the rising healthcare costs and the increasing demand among Filipinos for coverage that goes beyond a first critical illness diagnosis. AIA Critical Protect Plus and BPI AIA MultiCare Protect offer multi-claim critical illness protection, allowing customers to claim for up to three major critical illnesses, with benefits for early-stage conditions, flexible coverage options, and protection that can extend up to age 100. 

Both companies will make a donation to Kythe Foundation, in the name of AIA Critical Protect Plus and BPI MultiCare Protect policyholders, to fund programs for children with cancer that support medical care, psychosocial services, and patient navigation — including therapeutic play, caregiver support, emergency aid, and child-friendly spaces at the National Children’s Hospital and Philippine Children’s Medical Center.

“This collaboration helps us bring to life AIA’s Purpose — helping people live Healthier, Longer, Better Lives — in a deeply meaningful way, extending our contributions to the communities we serve. By supporting Kythe Foundation, we help enable vital psychosocial care and patient support programs that empower children with critical illnesses and give their families greater strength and resilience throughout their healthcare journey. We feel there is no better way to mark the launch of our new health products AIA Critical Protect Plus and BPI AIA MultiCare Protect,” said Melissa Henson, Chief Marketing Officer, AIA Philippines.  

Founded in 1992, Kythe Foundation pioneered Child Life Services in the Philippines, helping pediatric patients cope with hospitalization through play, psychosocial support, and family-centered care. 

The donation will support initiatives such as setting up of emergency and treatment funds for patients, providing psychosocial support kits to newly diagnosed patients and their families, and upgrading the Kythe safe spaces at the National Children's Hospital and Philippine Children's Medical Center.  

“At Kythe, we see every child beyond their diagnosis. We see their courage, fears, and hope,” said Kythe Foundation Executive Director Magdalena Lopez. “We are grateful for our partnership with AIA and BPI AIA, whose commitment to supporting Filipino families goes beyond financial protection. Their support helps us care for children with cancer and chronic illnesses not only by addressing their physical needs, but also by supporting their emotional well-being and that of their families.” 

AIA and BPI AIA customers who purchase AIA Critical Protect Plus and BPI AIA MultiCare Protect will be notified that AIA and BPI AIA have contributed to Kythe Foundation on their behalf at no extra cost to their premium. 

###

About AIA Philippines

AIA Philippines formerly AIA Philam Life (The Philippine American Life and General Insurance Company), is the country’s premier life insurance company. Originally established on 21 June 1947 and became popularly known as Philam Life, AIA Philippines has earned the trust of customers for its financial strength, strong brand name, and ability to deliver on its promises.

AIA Philippines has PHP 253.35 billion in total assets and PHP 70.14 billion in net worth as of 31 December 2025 while serving more than 1.1 million individual policyholders and more than 1 million insured group members. AIA Philippines understands the needs of its customers and provides holistic solutions that include life protection, health insurance, savings, education, retirement, investment, group, and credit life insurance. It also offers bancassurance through its subsidiary, BPI AIA Life Assurance Corporation (formerly BPI-Philam Life Assurance Corporation).

Based on the audited reports submitted to the Insurance Commission as of 31 December 2025, the combined total premium income of AIA Philippines and BPI AIA was at PHP 34.32 billion. AIA Philippines is a member of AIA Group Limited, the largest independent publicly listed pan-Asian life insurance group.

AIA PH and BPI AIA are regulated by the Insurance Commission.

About BPI AIA

BPI AIA LIFE ASSURANCE CORPORATION is a strategic alliance between two leading companies in the country – Bank of the Philippine Islands (BPI) and AIA Philippines Life and General Insurance Company, Inc. (AIA Philippines). BPI is a leading universal bank with over 170 years of experience in the local banking industry and an extensive branch network of more than 850 branches and 2,500 ATMs and CAMs. AIA Philippines is the premier life insurance company in the country and the market leader for over 70 years.

BPI AIA’s professional and expertly trained Sales Executives are assigned in BPI branches nationwide or work remotely using digital tools to render financial advisory services that address customers' financial and protection needs.

With the combined expertise and resources of the two trusted companies, BPI AIA policyholders are assured that their insurance is backed by financial strength and stability.

To know more about us, visit our website. Like us on Facebook, follow LinkedIn, chat with us on Messenger and subscribe to our YouTube Channel.

For inquiries, you may contact our Customer Care Hotline at (02) 8528-5501. BPI AIA is duly licensed and regulated by the Insurance Commission of the Philippines. 

About AIA

AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets – wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR⁽¹⁾, Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei and Macau SAR⁽²⁾, and a 49 per cent joint venture in India. In addition, AIA has a 24.99 per cent shareholding in China Post Life Insurance Co., Ltd.

The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$345 billion as of 31 December 2025.

AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia, AIA serves the holders of more than 44 million individual policies and over 16 million participating members of group insurance schemes.

AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock codes “1299” for HKD counter and “81299” for RMB counter with American Depositary Receipts (Level 1) traded on the over-the-counter market under the ticker symbol “AAGIY”.

Notes:
⁽¹⁾Hong Kong SAR refers to the Hong Kong Special Administrative Region.
⁽²⁾ Macau SAR refers to the Macau Special Administrative Region.