List: Trusted Life Insurance in the Philippines
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1. FWD Life Insurance Corp.
FWD is the life insurance arm of investment group, Pacific Century Group, an Asia-based private investment group established in 1993 with interests in property, financial services, telecommunications and other investments in the Asia Pacific region. In the Philippines, FWD has partnered with Security Bank Corporation, the 5th largest private universal bank in the country with P532 billion in assets, to roll out FWD insurance products in all Security Bank branches, nationwide. The partnership was recognized with an award as “Best Bancassurance” at the 2016 Retail Banker International (RBI) Asia Trailblazer Awards held in Singapore.
2. Sun Life Financial Philippines
Sun Life Financial in the Philippines offers a wide spectrum of products that include Life Insurance, Accidental Insurance, Pension Plans, Education Plans and Mutual Funds.
Manulife Philippines is an insurance company dedicated to providing Filipino families with reliable and forward-thinking solutions to various financial needs. Whether you need help securing your children’s education, your retirement, or simply want to build your savings, we are dedicated to finding the right solutions to help you achieve your dreams and goals.
4. Insular Life
Insular Life was established on November 25, 1910 at a time when the Philippines was flexing its wings as a fledgling nation at the dawn of the 20th century.
5. Philam Life
The Philippine American Life and General Insurance Company (Philam Life) is the largest life insurance company in the Philippines and the market leader for over 60 years.
6. Axa Philippines
AXA Philippines is a joint venture between the AXA Group and the Metrobank Group, one of the country’s largest financial conglomerates. AXA Philippines is one of the largest and fastest growing life insurance companies in the country, offering financial security to more than 811,000 individuals through our group and individual life insurance products.
7. Pru Life U.K.
An innovative force in the life insurance industry, Pru Life UK pioneered unit-linked or investment-linked life insurance in the Philippines in 2002.
8. PNB Life Insurance, Inc.
PNB Life is among the top 10 life insurers in the Philippines, which began operations in 2001.
9. Pioneer Life Inc.
Pioneer’s life operations were established in 1964, and its evolution has included a fruitful five-year joint venture with Allianz AG of Germany in the form of Pioneer Allianz.
10. Beneficial Life Insurance
Beneficial Life Insurance Co., Inc. was established on March 16, 1960 with an authorized capitalization of PhP2.5 million. BENLIFE has more twenty (20) regional offices and more than twenty (20) detached agency offices strategically located in key cities nationwide.
11. First Life Financial Company
First Life Financial Company, Inc. is a dynamic provider of financial products and services designed for the protection of the family.
12. United Coconut Planters Life
Cocolife is the biggest Filipino-owned stock life insurance corporation in the country, with the distinction of being the first and only ISO 9001:2000 compliant company. It offers a complete array of life insurance, non-life, healthcare and mutual fund products through its various business units and subsidiaries, and maintains a nationwide network of fully-computerized branches, with more than 2,000 highly-trained underwriters, account executives and field managers.
Also read: Expats Guide to Applying for Life Insurance