Insurance made accessible: BPI, BPI MS serve freelancers, self-employed

The Bank of the Philippine Islands (BPI), in partnership with BPI MS Insurance, has introduced BPI Freelancer, a personal accident insurance plan designed specifically for freelancers, consultants, digital nomads, and self-employed professionals.

As millions of Filipinos shift to non-traditional work arrangements, many remain without health coverage, accident protection, or the safety nets enjoyed by regular employees. BPI Freelancer addresses this gap by offering flexible and accessible protection tailored to the unique needs of the freelance and self-employed community.

“As more Filipinos carve their own path in the freelance and entrepreneurial space, BPI and BPI MS are leading the way in crafting inclusive financial solutions for this new generation of workers,” said Noriyuki Kobayashi, President and CEO of BPI MS Insurance. 

“BPI Freelancer represents our deep understanding of modern Filipino needs and our commitment to helping them thrive,” he added. 

BPI Freelancer is open to Filipinos aged 18 to 65 and offers flexible coverage options. Clients may choose individual protection, extend coverage to up to four dependents, or enroll a group of up to five individuals even without including themselves. This versatility makes the plan ideal not only for independent freelancers but also for those seeking to safeguard their families, partners, or teams.

Key benefits include:

• Accidental Death or Permanent Disability Coverage: Lump-sum cash benefit for accidents, whether work-related or not.
• Daily Cash Allowance:  PHP 1,000 per day, for up to 10 days of hospitalization due to accidents or covered illnesses.
• Utility Bills Assistance: Up to PHP 20,000 to help cover household expenses during recovery or loss.
• Motorcycle Accident Coverage: Whether as a rider or passenger.

BPI Freelancer is designed to provide protection without the high cost. With three tiers of coverage, individuals can choose the plan that best fits their lifestyle and budget:

• Basic Plan: PHP 499/year
• Prime Plan: PHP 699/year
• Elite Plan: PHP 1,099/year

Customers may also enable auto-renewal for uninterrupted coverage.

“At BPI, building a better Philippines means empowering every Filipino, no matter their employment status. With nearly 13 million freelancers shaping our economy, we are proud to introduce an insurance product designed specifically for the modern Filipino freelancer — a reliable safety net and trusted partner to help them pursue their passions with confidence and peace of mind,” said Maria Cristina “Ginbee” Go, Head of Consumer Banking at BPI.

“It gives freelancers and self-employed workers the confidence to pursue opportunities knowing they and their families are protected,” she added.

BPI Freelancer is now available nationwide through BPI MS channels, select BPI branches, BPI Partner stores, and digital platforms. To learn more or see insurance coverage, visit https://www.bpi.com.ph/personal/insurance/bpi-freelancer.