Important things to know about premiums.

Your premium due dates are indicated on your policy contract and coincides with your policy anniversary date. The frequency of payment depends on your choice: annually, semi-annually, quarterly, or monthly.

It is best that you pay your policy’s premium on or before the due date to ensure that your insurance protection remains in force. A 31-day grace period after the due date, without interest charge, shall be allowed for the payment of your policy’s renewal premium. 

A notice is sent two (2) weeks before your premium due date while the reminder notice letter is sent seven (7) days after your premium due date, if your premium remains unpaid. Upon your request, we can send the soft copies of your premium and reminder notices to your email address.

Banco de Oro:

  • For online payment:
    • Log-in to https://online.bdo.com.ph/sso/login 
    • Select Financial Services/Bills Payment/Pay Bills 
    • Tick Show Company Biller not requiring enrollment
    • Select First Life Financial Co., Inc. 
  • For over the counter (always use a Payment Slip and bring your Premium or Reminder Notice):
    • Company Name: FIRST LIFE FINANCIAL CO., INC. (Institution code: 0421)

Metrobank:

EastWest Bank, Bank of Commerce, and SM Bills Payment Centers (SM Department Stores) 

  • For over the counter (always use a Payment Slip and bring your Premium or Reminder Notice):
    • Company Name: FIRST LIFE FINANCIAL CO., INC.

All First Life offices accept payments for both Peso and Dollar policies.  
For inquiries, please contact your Financial Planner or our Policyholders’ Services team through (632) 893-3024 local 722 to 728 through e-mail at policyservices@firstlife.com.ph, fax no. (632) 325-6789 or at any of our offices nearest you.

Your policy will lapse and all benefits will be forfeited. However, if your policy has already earned sufficient cash value, the Company will automatically effect your chosen Non-Forfeiture Option (NFO).