Best insurance in the Philippines for 2019
More and more Filipinos are becoming aware of how important life insurance is. It reflects in how many new policies have been opened this year. There are many insurance providers in the country, some are new players in the game, but here are the Top Ten in the Philippines for the year 2019. These are the insurance providers that have set the benchmark for others to follow.
1. Sun Life of Canada (Philippines) Inc.
It has remained on the top spot for this year, and continues to be the number one most trusted provider for insurance for families in the country.
2. Philippine AXA Life Insurance, Corp.
AXA is fast growing at the number two spot. Investors of AXA insurance would be well funded, because this insurance company is backed by a joint venture if the AXA group and the Metrobank Group.
3. Philippine American Life & Gen. Ins.Co.
A previous number one company has continued to provide insurance since 1947.
4. Pru Life Insurance Corp. of U.K.
This relatively new contended was able to earn its place in the ranks by providing top notch insurance policies to its clients. The company was founded in 1996.
5. BPI-Philam Life Assurance Corp., Inc.
This has been one of the insurance providers that never fails to gain a spot in the top 10 every year. Many people trust it because it was founded on a partnership of BPI and PhilAm Life, noth very big names in their own industries.
6. Manulife Philippines
It was founded in 1907, making it one of the oldest and most trusted names in Philippine insurance today.
7. Insular Life Assurance Company, Ltd.
This company is one that is owned by its policyholders. It is a mutual company that was founded in 1910, also one of the oldest still serving in the country. It also holds the title of being the first Filipino-owned life insurance companies.
8. BDO Life Assurance Co. Inc.
It was founded in 1999, and still continues to provide its clients with quality life insurance packages at the number 8 spot for 2019.
9. Allianz PNB Life Insurance, Inc.
This company continues to show promising growth. It continues to safeguard the funds and investments of its many trusted clients.
10. Manulife China Life Assurance Corp.
The strength of this company comes from providing a wide range of insurance products and services to Chinabank clients.
No matter which insurance company you choose to invest in, they will all do one thing in common, which is to help save for your future. Depending on your needs, you can decide which insurance provider would be the best for you and your family.
These companies did not rise to the top just because of one or two clients who bought life insurance from them. Their success can be credited to the millions of Filipinos who have made the leap of faith and decided to trust these companies.
Life insurance is not about having money for your funeral expenses. It is about so much more than that. It is about saving money for the future, putting money aside for emergencies and saving for your child’s education. All of those things can take their toll on your budget, and having a life insurance policy can help.
Talk to us today if you have any questions about which provider may be right for you. We would also be happy to discuss which packages and bundles would benefit you and your family the most. Happy investing!
The year 2019 marked a turning point in my financial life. I decided to prioritize savings and investment by getting a life insurance policy in the Philippines. It’s incredible how it can offer both security and growth potential.