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LANDBANK offers savings account with free insurance

Business World Philippines

|

March 27, 2025

STATE-RUN Land Bank of the Philippines (LANDBANK) has launched a savings account with free life or personal accident insurance coverage.

LANDBANK OptiSaver Plus is an upgraded version of its OptiSaver product and seeks to help customers grow their funds and achieve financial security through the free insurance coverage, it said in a statement on Wednesday.

The product has tiered interest rates of up to 4% per annum and provides depositors with free insurance coverage based on their average daily balance (ADB).

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