BPI 171st Anniversary – Motor
PERIOD: August 1, 2022 – October 31, 2022
- Qualified BPI clients will enjoy Improved Packages* of BPI MS Motor Insurance during the limited period.
- Motor vehicle owners may choose to avail of either the standard BPI MS Comprehensive Motor Insurance or the BPI MS Comprehensive Motor Insurance with Acts of Nature Cover. Some vehicles may require underwriting review and approval.
- The program is open to all clients of BPI with motor vehicles that fall within the qualifications below.
- The program shall cover insured motor vehicles with an existing motor insurance policy from another insurer that is expiring within 3 months from the program period.
- Motor vehicles with existing BPI MS policies are not qualified.
- Motor vehicles that are mortgaged with BPI Loans are excluded.
- Prohibited risks are excluded.
- Only for Private used vehicles. Commercial used vehicles are excluded.
- Cancellation and re-issuance of policies for the purpose of enrollment to this campaign is discouraged.
- The maximum FMV (fair market value) of the vehicle is 4.5M. For vehicles beyond this limit, approval should pass through Motor Underwriting.
- To apply, client must submit a copy of his/her existing policy or quotation with another insurer to validate expiry of their current insurance.
* Improved Packages – Subject to program terms and conditions and underwriting approval
For inquiries, you may reach out to the BPI branch servicing you or email BPI MS at [email protected].