Friday, January 7, 2011

Insuring My 2011 with Sparxx Max

I'm starting the year right with Sparxx Max - a personal accident insurance coverage package.

This is because I got myself covered mid December of last year and it will be covering me for the next 365 days forward.

Insurance Plans

I'm actually familiar with insurance plans. In fact I have one long-term life insurance, one short-term life insurance, an educational (plan) insurance, and this recent one - a one-year personal accident insurance with Sparxx Max. I'm still paying for the first two on an annual basis.

Let's just say I have begun to appreciate the relevance of insurance as early as I started working after graduation. I did not come from a rich family. My point is, I really don't have any property to leave behind my loved ones in case something happens. I consider the benefits I'll get from the insurances as something I can leave for them in my absence.

In case I live long enough, it is still a form of investment.

But don't get me wrong, I'm not suggesting you go to your nearest insurance agent right now and get hold of an insurance plan then and there. With a mutiltude of insurance companies, you have to chose wisely the insurance company and the package that fits your needs.

Before I got the insurances I stated above, I had to choose from a number of packages from different insurance companies, compared and analyzed them carefully for a few days.

Sparxx Max

Now, back to Sparxx Max which this article is about. I recently learned a lot about Pioneer Insurance and their package. I would consider this as a "sachet insurance" - an innovative marketing strategy that fits our current times and the Filipino culture.

Let's admit it, most Filipinos are along the poverty line and cannot afford a full insurance package in the cost range of thousands of pesos annually. And specific for that market is the Sparxx Max.

With a one-time purchase of P550, you can already have an insurance plan that offers:
  • P100,000 personal accident insurance
  • P50, 000 cash burial assistance
  • P300 start-up savings
I say that's a very good deal. You could consider the actual cost to be just P250 since P300 becomes an automatic savings account which you can later on withdraw. It also gains a 3% interest net - way above the average bank interest rates.

As for the insurer, it's from a leading and well-known insurance company - Pioneer Insurance.

Other Detials

Sparxx Max's personal accident insurance and cash burial assistance are valid for one year upon registration. The P300 start-up savings has guaranteed interest and can be topped up or added to with Sparxx cards that come in varying amounts of P300 - P5,000. It also requires no medical records.

Sparxx Max can be purchased both online and offline. Online purchases can be made via Sparxx Max’s official website and the Pioneer Life’s website.

Facebook, 7-11 And iPad Raffle

Updates and purchases can also be made via the Pioneer Sparxx Like Page on Facebook. Offline purchases can be made via select 7-Eleven branches and Pioneer offices. If you decide to purchase Sparxx Max anytime soon, you may also stand the chance of winning 1 of the 12 iPads being given away in the Sparxx Max iPad Giveaway.

Contact Information

If you have further questions or concerns, call them at 750-5433 (LIFE) (for Globelines and inquiries within Metro Manila) and their toll-free number 1-800-10-750- 5433 (LIFE) (for Smart and Talk n’ Text subscribers and landlines outside Metro Manila).
Pioneer Life Inc.
Pioneer House Makati, 108 Paseo de Roxas Legaspi Village,
Makati City Philippines, 1229

I already got one and if you are on a budget, I highly recommend Pioneer Insurance' Sparxx Max too!


  1. Thanks for sharing about sparxx max.

  2. welcome.

    I think it's very convenient and easy.

    Fit rin and Sparxx Max sa mga senior citizens na usually ayaw na ng insurance companies kasi high risk ang age. :)