Securing One’s Wealth and Legacy

The AXA Global REIT and Property Income Fund can be availed via Asset Master, AXA’s unit-linked insurance plan. This fund presents an opportunity for high-net-worth investors to strategically increase their wealth by capitalizing on prime global real estate investments while letting them enjoy monthly cash payouts of up to 5% per annum. The AXA Global REIT and Property Income Fund also allows them to tap into diverse global real estate sectors, including residential, hotel & resorts, retail, and the new powerhouses of the real estate industry – communication infrastructures, data centers, industrial, and healthcare spaces. Ownership of such coveted prime real estate investments in the world positions investors at the forefront of profitable property opportunities and passive income-generating assets. Additionally, investors are also guaranteed at least 125% life insurance coverage that protects their legacy and ensures a seamless wealth transfer to their heirs, providing them financial security.

“We’re happy to provide AXA Global REIT and Property Income Fund as one of the fund options for AXA’s Asset Master insurance policy. It gives our customers access to prime global real estate investments which is a good way to diversify one’s portfolio. Similar to actual real estate investment, the fund gives monthly payouts while providing potential gains in capital appreciation according to market conditions. And because the fund is linked to an insurance product, one has guaranteed life insurance coverage for as long as he or she maintains the policy.” said Nandy Villar, Chief Marketing Officer of AXA Philippines.

A Smart Investment

Dexter Agcaoili, Product Category Head for Unit-Linked Funds, gives further emphasis on the benefits of the Global REIT and Property Income Fund. He said, “Investing in REITs is a smart move for investors looking to generate passive income without the burdens of direct ownership. REITs offer a unique opportunity to diversify portfolios and invest in real estate without worrying about illiquidity, property management, and upfront costs.”

AXA Philippines has long been offering IPFs such as the Global Assets Income Paying (GAIN) Fund to support customers in building a diverse global investment portfolio and maximizing wealth growth. The AXA Global REIT and Property Income Fund further enriches AXA’s IPF portfolio by offering customers a specialized real estate investment option, granting exposure to a promising global market.

Mr. Agcaoili expressed his excitement about the prime global REITs that only AXA Philippines is offering to the Philippine market. He said, “We are happy to offer top holdings consisting of the largest global REITs to Filipino investors. These include prominent industrial REITs serving clients like Amazon and Walmart, as well as data center REITs catering to major technology giants such as Google and Apple, among others.”

AXA’s global reputation for protecting and empowering women is exemplified by its impactful initiatives. These include increasing women’s access to insurance products with benefits that cater to them, funding purposeful women’s health studies, and providing valuable support for women in business and sports. The new global campaign reaffirms the organization’s commitment to addressing women’s gender-specific needs and challenges through a united, AXA-wide approach.

Empowering Filipino women and familiesAXA Philippines actively finds ways to ensure holistic well-being for women. The 2022 AXA Women’s Health local campaign, which gained recognition as Health Marketing Initiative of the Year at the Insurance Asia Awards 2023, inspired women in the sandwich generation to prioritize their own health and well-being through healthcare products Global Health Access (GHA) and Health Care Access (HCA) with preventive and treatment services such as financial assistance for pregnant women, executive checkups, benefits for mothers that extends to their children, and health screenings such as mammogram and pap smear; or critical illness plans Health Max and Health Start that provide cash benefits for covered critical illnesses like breast and cervical cancer.Echoing

AXA’s global goal of building a diverse and inclusive workplace, AXA Philippines also fosters an environment where women are celebrated and groomed for success. A woman and a mother herself, AXA Philippines Chief Human Resources Officer Sharon Hernandez sees the value of her role for the women within the organization. She said, “I take great pride in my role, ensuring that AXA’s commitment to supporting women is not just a mere promise, but a visible reality within our workplace. We implement policies and initiatives that prioritize the needs of parents and women, empowering them to excel not only in their professional endeavors but also in their multiple life goals and roles.”

AXA Philippines also joined forces with the Women’s National Basketball Association (WNBA) to further promote women’s health and fitness through “Her Court” – weekends of sports and fitness activities for women and children at the NBA Community Court in Mandaluyong City, starting this November. Nandy Villar stated, “We believe that sports play a crucial role in empowering and breaking barriers for women. AXA and the WNBA’s shared goal behind this partnership is all about creating opportunities for women to excel in their fitness journey. Whether they like to pursue a professional career in sports or not, we want to foster an environment where they can truly thrive regardless. The leading insurance provider continues to live up to its mission of being a trusted partner for women everywhere as the global movement is in motion. AXA entities around the world remain united towards advancing transformative solutions that protect and support women throughout their unique life journeys in the years to come.

To know more about AXA Philippines’ commitment to holistic well-being for women and for all, visit https://www.axa.com.ph/multimedia/articles/being-a-woman-shouldnt-be-a-risk.

Growth in insurance is indicative of economic growth as confirmed by numerous studies. A recently published study in the Asian Financial Review states that a long-term causality runs from insurance penetration and density to per-capita GDP, which suggests that better performance of the insurance industry significantly contributes to economic well-being.

However, the Philippines’ insurance penetration is currently at less than 2% despite record per capita insurance spending in 2022. This is far below the global insurance penetration average of 7.3%.

Being chronically underinsured has had real consequences for Filipinos, despite the passage of the Universal Healthcare Act, and the fact that government healthcare funds absorbed 50.3% of healthcare spending in 2021. Out-of-pocket (OOP) healthcare spending remained a major problem for ordinary Filipinos. In that year alone OOP health spending was 453.23 billion pesos, according to the Philippine Statistics Authority.

While underinsured Filipinos are poorly prepared for health crises, the Philippines is also frequently cited as one of the most natural disaster-prone countries in the world. This is an unfortunate distinction the World Bank confirmed again last year. The situation is only going to get worse with global climate change.

Buberl explained, “It is this high-risk, low-insurance spending scenario that makes Filipinos highly vulnerable to financial losses in the face of life’s uncertainties. At AXA, we firmly believe that while life is full of risks – the future shouldn’t be one of them. This is why we are doubling down our efforts to protect customers and empower them to achieve financial stability and turn their dreams into more attainable life goals.”

Only insurance provides a financial safety net to make sure that a crisis such as the death or severe illness of a breadwinner and the destruction or even theft of a property does not spiral into financial ruin. “This underscores the role and purpose of AXA in the Philippines – to protect more and more Filipinos. This visit by our global leaders shows AXA’s commitment to the country as a key insurance market,” said AXA Philippines CEO Bernardo Rafael Serrano Lopez.

In line with our purpose, acting for human progress by protecting what matters, AXA Philippines is constantly innovating its products to best serve the wider Filipino community. “Each market is not only unique, but dynamic. For this reason, we have to constantly reassess the relevance of our products, both locally and globally, and make the necessary changes. In the last three years for the Philippines alone, we have not only introduced more flexible products, but we have also launched a mobile app, Emma by AXA PH, to manage transactions related to AXA policies. The Emma app also serves as a partner for customers in health and financial wellness, offering key features that allow them to conveniently search for accredited hospitals, clinics, and doctors, book teleconsultation services or adjust the amount of their investment funds, among other services. These simple yet innovative solutions are now more accessible with Emma and have radically transformed the way we interact with customers,” concluded El-Shabrawishi.

A pioneering and leading insurance company in the world, AXA is present in 50 countries and currently provides protection for 95 million customers worldwide. AXA Philippines provides a comprehensive suite of life and non-life insurance products, as well as professional needs assessment, to ensure that AXA customers and their loved ones are prepared to face any crisis.

To know more about AXA Philippines and which plan fits your life goals and needs, visit https://www.axa.com.ph/.