InLife, the Philippines’ first and largest Filipino-owned life insurance company, has introduced iProtect, a renewable term life insurance product designed to provide essential protection for individuals and families—without putting a strain on their current finances.
iProtect offers a death benefit of 200% of the sum insured, ensuring that beneficiaries receive substantial financial support should the policyholder pass away within the term. This makes it a practical choice for those seeking peace of mind during life’s uncertainties.
To accommodate different financial needs and life stages, iProtect is available in three flexible options:
- Yearly Renewable Term (YRT): Provides one-year coverage with annual renewal
- 5YRT: Offers five-year coverage with a five-year premium payment term
- 10YRT: Delivers ten-year coverage with a ten-year premium payment term
All variants come with automatic renewability and the option to convert to a permanent plan, making iProtect a smart, long-term solution for evolving financial goals.
“iProtect was created to be a simple yet powerful life insurance option,” said Gae L. Martinez, InLife Chief Marketing and Bancassurance Officer. “It’s designed to provide a safety net during life’s unexpected moments—whether you’re just starting your career, raising a family, paying off a mortgage, or planning your estate. With iProtect, you can be confident your loved ones are truly protected.”
Available to individuals from age 0 to 70, iProtect is accessible to a wide demographic. Policyholders can also boost their coverage by adding riders for accident, disability, critical illness, or hospitalization, offering even more comprehensive financial security.