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News and Events

Hate Grab's Price Surge? Now, There's Insurance Cover for That

Singapore's NTUC Income starts selling insurance plan against price surge when it rains in the city-state

Commuters everywhere love the convenience offered by ride-sharing platforms but hate it when prices surge in response to spikes in demand or slumps in supply due to factors ranging from road accidents, rush hours or even bad weather.In response, a Singaporean insurance ...

by Lorenzo Kyle Subido  | October 26, 2018 01:00:00
News and Events

PH Has Highest Medical Inflation Rate in Asia. Does Your Health Plan Provide Enough Cover?

Global benefits firm urges companies to review employee health plans and invest in data analytics

If you consider the 6.4 percent consumer price inflation in August very bad news, wait till you hear about the projected increases in health costs in the Philippines.According to global HR consultancy Mercer Marsh Benefits’ (MMB) 2018 Medical Trends Around the World ...

by Pauline Macaraeg  | September 25, 2018 09:00:00
News and Events

NAIA Runway Crisis: Can Travel Insurance Protect You From the Costs of Excessive Flight Delays?

There's no preventing airport mishaps but you can buy cover against extra costs when planes are very late

Last August 17, the Ninoy Aquino International Airport (NAIA) announced that its runway was closed due to a stalled Xiamen Air plane. It was reopened over 24 hours later. The runway closure caused hundreds of flights to be cancelled, rerouted to other ...

by Lorenzo Kyle Subido  | August 20, 2018 08:00:00
News and Events

One-Year Accident Insurance For as Low as Php200? It Can Be Bought Online on Lazada

Sun Life's Family Armor provides a one-year insurance cover for a user and a family member against personal accidents

(from left) Sun Life Chief Digital Partnerships and Fintech Officer Teodoro Pineda; Sun Life Chief Strategy and Financial Management Officer Benedict Sison; Sun Life former Chief Executive Officer and Country Head Riza Mantaring; and Lazada Philippines Chief Executive Officer Ray AlimurungLife insurance ...

by Lorenzo Kyle Subido  | July 20, 2018 09:00:00
Run & Grow

Serial Career-Changer Finds Fulfillment Selling Life Insurance and Builds Top-Grossing Agency

Anna Blanco helps train agents, some of whom make a million pesos in commissions in three to six months

Less than 10 hours before she flies for Europe for a well-deserved vacation, Anna Blanco is still busy at work even though it’s a Saturday. In fact, she and the 10 prospective recruits she’s helping train as insurance salespersons were the only ...

by Elyssa Christine Lopez  | May 21, 2018 09:00:00
News and Events

What Are PH’s Largest Life Insurance Companies Last Year?

Check this list if you want to find out how your insurance company compares to others

Local insurer Philippine American Life & General Insurance Co., better known as Philam Life, and the Philippine unit of global life insurance firm Sun Life Financial retained their titles as the country’s largest life insurance companies for 2017, according to data from ...

by Lorenzo Kyle Subido  | April 06, 2018 09:00:00
News and Events

Try This New App To Help You Invest for Your Children’s Education

Manulife’s GradMaker app makes it easier and more accessible to invest your hard-earned money

A new product launched by the Philippine arm of multinational insurance firm Manulife aims to help parents invest for their children’s education with a simple and easy-to-use mobile app.With GradMaker, users will be able to purchase a variable unit-linked (VUL) product for ...

by Lorenzo Kyle Subido  | February 24, 2018 09:00:00
Startup Tips

The Most Affordable Life Insurance Plans That Will Grow Your Money

Because now is the time to start investing

Life insurance is an important personal investment for those who wish to ensure the stability of their loved one's finances in case of emergencies or an untimely death. It can also be a way to earn passive income, where your money can ...

by Charlene J. Owen of Femalenetwork.com  | November 27, 2017 12:00:00
News and Events

Soon from Cebuana Lhuillier: Insurance Coverage Via SMS for Only Php10

PH’s biggest pawnshop aims to insure two million Filipinos this year

Speakers and guests pose during the Ready Disaster Resilience Forum on August 9, 2017The Cebuana Lhuillier Group, the country’s largest pawnshop network by revenue, is tapping mobile technology to rapidly expand the reach of its microinsurance products among low-income Filipinos.At the sidelines ...

by Cherrie Regalado  | August 15, 2017 01:00:00
News and Events

Turning 70 This Year, Philam Life Looks to Millennials for Growth

Life insurance pioneer launches Vitality app that rewards users for meeting fitness goals

Insurance firm Philam Life may be 70 years old this year, but it’s looking to young people to help drive more business and regain lost footing.The company, which is wholly owned by Hong Kong-based AIA Group, is also getting into the health ...

by Paul John Caña  | June 22, 2017 11:00:00
Run & Grow

Why Life Insurance Is Vital for Entrepreneurs

Without proper life insurance protection, the future of a company is uncertain at best

It may be because we are natural optimists, but it is remarkably common for entrepreneurs not to take out life insurance. In fact, according to LIMRA’s Life Insurance Barometer study, 41 percent of business owners and individuals do not have life insurance, meaning they ...

by Michael Carter  | May 11, 2017 12:00:00
News and Events

Can a Standup Comic’s Viral Video Sell Insurance to Millennials?

Manulife PH hopes its latest online ad will get young adults to prepare for life’s risks

It has not been easy selling life insurance in the Philippines. With a median age of only 23.4 years, one of the lowest in the world, Filipinos can’t be blamed for postponing thoughts about mortality. As a result, life insurance penetration in ...

by Pauline Macaraeg  | May 10, 2017 06:00:00
News and Events

Guess How Low It Costs to Buy Disaster Insurance for Your House

In daily terms, insuring a Php1-million property costs less than a cigarette stick

After a 6.0-magnitude earthquake hit Mabini town in Batangas last April 8, a third of the over 70 resorts in what is considered the country’s diving capital suffered damages, said the town mayor. Majority of them didn’t have earthquake insurance, according to ...

by Pauline Macaraeg  | April 29, 2017 10:00:00
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