ÆON Credit Service (Philippines) Inc. (‘Company’ or ‘ÆON Credit’) was incorporated on February 14, 2013. A month after its incorporation, ÆON Credit commenced its operations by offering ÆON Installment Plan, a loan facility availed by customers to be able to purchase consumer products without any credit card through its growing partner merchants and store affiliates.
ÆON Credit is a subsidiary of ÆON Financial Service Co., Ltd. Japan (‘ÆON Financial’), a company listed on the First Section of the Tokyo Stock Exchange.
ÆON Group, in managing its businesses, is always guided by its fundamental principle of ‘Customer First’ philosophy. Its aim is to surpass expectations by combining excellent products with unique personal services.
ÆON Credit Guard ensures continuous payment of outstanding loans and payables of the insured in the event of accident causing loss of life or sickness.
Coverage Highlights
ACCIDENTAL DEATH BENEFIT
If the Insured suffers Accidental Death, the Company will pay the Policyholder the Insured’s Outstanding Balance up to the maximum Accidental Death Benefit Amount specified in the Policy Schedule or Confirmation of Cover at the time of the Accident causing the Insured’s Accidental Death. The Company will pay the difference between the Accidental Death Benefit Amount and the Insured’s Outstanding Balance to the person or persons then surviving the Insured in the order of preference stated in the provision “To Whom the Benefit is Payable”.
Payments include any charges incurred before the Insured’s Accidental Death, but which have not yet appeared on the Insured’s statement of account and any interest due on the Outstanding Balance at the time of his/her death.
PERMANENT DISABLEMENT BENEFIT
If the Insured suffers an Event as set out in the Table of Events as a result of a Bodily Injury and a Physician certifies this, the Company will pay the Policyholder the Insured’s Outstanding Balance up to the Permanent Disablement Benefit limit specified in the Policy Schedule or Confirmation of Cover at the time of the Accident causing the Bodily Injury. The Company will pay the difference between the Permanent Disablement Benefit Amount and the Insured’s Outstanding Balance to the Insured.
TEMPORARY TOTAL DISABLEMENT BENEFIT
If during the Period of Insurance, the Insured sustains Bodily Injury resulting in his/her Temporary Total Disablement, which entirely prevents the Insured from engaging in his/her usual employment, The Company will pay the Policyholder the Temporary Total Disablement Benefit, 5% of the minimum monthly payment due on his/her Outstanding Balance, up to the maximum Benefit Amount shown in the Policy Schedule or Confirmation of Cover at the time of the Accident causing the Bodily Injury up to the maximum period shown in the Policy Schedule.
Easy ClaimS Process
Customers may simply call the AEON Credit Guard Hotline at (632) 88592775 and Toll-Free Number: 1-800-10-8592775 Mondays to Fridays, 8:30 AM to 5:30 PM or email at : aeoncreditclaims@Chubb.com
