PRUlife your term

PRUlife your term

On Insurance

PRUlife your term is an affordable yearly renewable protection on your terms product
offered by one of the biggest insurance company in the Philippines PruLifeUK.


One year can change your life. So live life to the fullest with PRUlife your term.


Get affordable and yearly renewable life insurance. You can even choose to upgrade
your policy next year—your choice! 


Pru Life UK launched another innovative solution, PRUlifeyourterm, an affordable
yearly renewable term insurance which is customizable to fit the protection and
investment needs of customers.


Prulife Your Term has the following characteristics:

• Affordable - As low as Php 8,000 per annum premium.
• Renewable - Yearly renewable coverage until age 89 without need for proof of
  good health.
• Upgradable

Dodge the financial blow of accident, disability and critical illness. Choose
among a wide array of supplemental benefits for a more comprehensive coverage.


Make your money work harder for you. Attach the Variable Life Rider for as low
as PhP 5,000 per year to add an investment component to your insurance.


Upgrade to a plan that fits your long-term financial goals. Starting on the
second year of your plan, you may switch to any of Pru Life UK’s INSURAVEST
(investment-linked life insurance), whole-life or endowment products without
submitting proof of good health. PRUlifeUK

Health Insurance With Maternity Coverage

Health Insurance With Maternity Coverage

On Insurance

Health Insurance With Maternity Coverage in the Philippines


I was looking for an insurance product with a maternity coverage in
the Philippines.

I search the Internet and checked all the insurance products offered
by the 30 licensed life insurance companies in the Philippines.

I only found one insurance company that sells this kind of a product.

Pioneer life Inc. is a Philippine life insurance company that sell
various kind of products that caters to your individual needs.

What I like about this product called "Pioneer Life Hospital Aide"
is that you can extend the insurance coverage to your spouse and
children and you will be paying just one premium.

Enumerated here under are the features of this product which I like
1. When you or member of your family get hospitalized, the company
   will pay you P1,500 per day of confinement.

   P3,000 per day if you or your family member is confined in an ICU
   or Intensive Care Unit.

2. In case you will be operated upon, the company will pay you P15,000
   for the surgeons fee.

3. The amount you are entitled to collect will not be reduced even if
   you are covered by Philhealth or any other private medical plan
   that you may have.

4. The payment will be given to you directly and you can easily
   compute how much money you collect from the insurance company by
   just counting the number of days you are hospitalized and multiply
   that by P1,500 in case this is the amount of your daily benefit.

5. Maternity benefit however is limited to just 7 days. So for example
   you stayed at the hospital for 10 days, the company will pay you
   only for the 7 days you stayed in the hospital.

   That amount you will collect in the example above is P1,500 X 7 days
   which is P10,500. This amount you can use for whatever purpose you
   may wish.

6. This insurance product also covers recurrent hospitalization. Isn't
   that great that in case you will get sick again or confined for the
   same cause, you are entitled to the benefits for a total of 365
   days of daily benefits for all confinements due to the same or
   related causes.


Note: Just opt to pay for a higher premium if you like to be covered
with a higher daily benefits.

How much is the monthly premium you might ask?
Premium depends on several factors like age and amount of benefits
that you want to be covered. You may inquire below regarding the
amount of monthly premium.

You may keep in touch with Pioneer life
1. By sending an email inquiry through their website
   www.pioneer.com.ph
2. By phone inquiry
   Tel: +63 2 812 7777

Related Post
1. Leading Insurance Company in the Philippines
2. Insurance Companies in the Philippines

Health Insurance For Senior Citizens Philippines

Health Insurance For Senior Citizens Philippines

On Insurance

Health Insurance For Senior Citizens Philippines


Health insurance for senior citizens in the Philippines may be availed
in 2 ways.
1. By becoming a member of Philhealth or the Philippine Health
   Insurance Corporation. It is a government owned and controlled
   corporation.
2. By buying a health insurance policy from private health insurance
   company.

There are 30 licensed private life insurance companies in the
Philippines offering various health insurance products.

My mother is 60 years old and a senior citizen and I searched the
Internet for health insurance products that are cheap and easy to
buy without need of medical examination.

But before looking for an insurance product to buy from private
insurance companies in the Philippines, please be aware that there
is a Philippine Law that provides for the mandatory PhilHealth
coverage for all senior citizens. Premium payments are subsidized by
the Philippine government.

This means that senior citizens will receive the benefits and discounts
extended to ordinary PhilHealth members by just presenting a valid ID
that proves their real age.

For convenience, senior citizens may go to the nearest DSWD office and
apply for a senior citizen ID card. It is free.

But sometimes, Philhealth benefits will not fully cover all the bills
of a costly hospitalization, so I looked at all the available products
sold by the 30 licensed life insurance companies in the Philippines and
I found a product that is light on the budget and offers substantial
benefits in return, best suited for senior citizens.

This health insurance  product is called "Health Support Hospital
Income Plan" sold by Philippine Prudential Life Insurance.

If you are a senior citizen aged between 50 and 74, then you are
qualified to buy this health insurance product.

Acceptance for this Health Support Hospital Income Plan without
medical examination nor complicated health questions to answer is
guaranteed.

Take this for an example, you are a senior citizen aged 64. You bought
a health insurance product mentioned above. For a monthly premium of
P287.95, you will be entitled to the following benefits.
      1. Daily hospital income benefit of P500 if you get hospitalized.'
         Maximum limit is P91,250
      2. Daily critical care benefit of P500
         Maximum limit is P91,250
      3. Surgical benefit
         Maximum limit is P10,000

The example cited above is the lowest benefit plan. You may opt for a
higher plan if you want to avail of a higher benefit amount.


Related Post
1. Insurance Companies in the Philippines
2. Leading Insurance Company in the Philippines

Travel Insurance in Philippines

Travel Insurance in Philippines

On Insurance

Travel Insurance in Philippines








I was looking for an affordable travel insurance in the Philippines
when i stumbled upon this website named Paramount.com.ph. This is the
website of the the Paramount Life and General Insurance Corporation,
an insurance company licensed and authorized by the insurance
commission of the Philippines.

It offers a travel insurance product in 3 packages.
1. Travel insurance for Asia if you travel within Asia only.
   You may opt to be covered as you travel within Asia up to
   a. 20,000 US dollar
   b. 45,000 US dollar
   c. 50,000 US dollar

2. Travel insurance for Schengen region.This travel package provides
   coverage as you travel within the Schengen region for up to
   a. 20,000 US dollar
   b. 50,000 US dollar
   c. 60,000 US dollar

3. Travel insurance for all over the world for up to
   a. 20,000 US dollar
   b. 50,000 US dollar
   c. 60,000 US dollar

Premium can be paid directly in the company's branches.

Premium may be paid in cash or check.

You may also apply online, pay online and receive your policy in your
email.

Benefits include:
a. Emergency Medical Evacuation and Assistance
b. Medical Treatment
c. Loss of Baggage
d. Emergency Return
e. Family Member Visit

You may opt to be covered alone but the company also offers a family
plan whereby the spouse will be covered 50%. If you have only one child
with you, he/she will be covered 50%. Maximum is 5 person. 2 adults and
3 children.

Upon boarding the aircraft, your coverage starts.

There are 30 licensed life insurance companies and 66 non-life insurance
companies in the Philippines but not all is offering travel insurance
products. 

Leading Insurance Company in the Philippines

Leading Insurance Company in the Philippines

On Insurance

Leading Insurance Company in the Philippines


The leading life insurance company in the Philippines is Philippine
American Life and General Insurance Corporation.


Based on the data submitted by all the insurance companies to the
Philippine Insurance Commission which regulates the insurance business
in the Philippines, Philippine American Life and General Insurance
company is number one in terms of Assets and Net income.


Leading Insurance Companies according to Networth
1. Insular Life Assurance Company - P28,417,304,365
2. Philippine American Life and General lnsurance Company - P26,460,245,764
3. Sun Life of Canada (Philippines) lnc. - P12,891,814,643
4. Manufacturers Life lnsurance Company (Phils.) lnc. - P7,816,754,264
5. United Coconut Planters Life Assurance Corporation - P7,590,974,408


Leading Insurance Companies according to  Paid-Up Capital
1. Generali Pilipinas Life Assce Co.. lnc. - P1,515,050,500
2. Philippine American Life and General lnsurance Company - P1,390,167,750
3. Philippine AXA Life lnsurance Corporation - P1,000,000,000
4. Manufacturers Life Insurance Company (Phils.) Inc. - P930,000,000
5. BPI-Philam Life Assurance Corporation P749,993,979


Leading Insurance Companies according to Premium Income
1. Sun Life of Canada (Philippines) lnc. - P29,698,715,623
2. Philppine American Life and General lnsurance Company - P19,966,987,573
3. Philippines AXA Life lnsurance Corporation - P18,268,155,988
4. Pru Life lnsurance Corporation of U.K. - P18,001,254,720
5. Manufacturers Life lnsurance Company (Phils.) Inc. - P15,004,335,932


Leading Insurance Companies according to Net Income
1. Philippine American Life and General Insurance Company - P5,252,168,704
2. Manufacturers Life lnsurance Company (Phils.) Inc. - P1,573,483,670
3. Sun Life of Canada (Philippines) lnc. - P1,554,176,968
4. lnsular Life Assurance Company - P1,503,217,342
5. Philippine AXA Life lnsurance Corporation - P1,184,015,483


Leading Insurance Companies according to Assets
1. Philippine American Life and General lnsurance Company - P160,061,192,847
2. Sun Life of Canada (Philippines) lnc. - P134,341,608,600
3. Insular Life Assurance Company - P99,062,801,145
4. Pru Life lnsurance Corporation of U.K. - P57,734,762,974
5. Philippine AXA Life lnsurance Corporation - P53,497,711,510


Note: The post above is based on the latest data available from the
insurance commission of the Philippines and posted on its website.
The data above is dated 2013 as the 2014 data is not yet published
by the insurance commission on its website.

Insurance Companies Philippines

Insurance Companies Philippines

On Insurance

Insurance Companies Philippines






The Following are the Life Insurance companies operating in the
Philippines which are authorized by the insurance commission.

1.  Insular Life Assurance Co.
    How to keep in touch with the company
    1. By personal visit
       Insular Life Corporate Centre, Corporate cor. Commerce
       Filinvest Corporate City, Alabang, Muntinlupa City
    2. By phone
       582-18-18
    3. By sending an email inquiry
       headofc@insular.com.ph

2.  Philippine American Life and General Insurance Co. Inc.
    How to keep in touch with the company
    1. By personal visit
       Philamlife Building, United Nations Avenue, Ermita, Manila
    2. By phone
       521-63-00 and 526-94-04 and 885-77-77

3.  Sun Life of Canada (Philippines) Inc.
    How to keep in touch with the company
    1. By personal visit
       2th Floor, Sun Life Centre, 5th Street, Bonifacio Global
       City Taguig, Philippines
    2. By phone
       886-6188
    3. By sending an email inquiry
       sunlife.com.ph

4.  Manufacturers Life Insurance Co. Inc.
    How to keep in touch with the company
    1. By personal visit
       16th Floor, LKG Tower, 6801 Ayala Avenue, Makati City
    2. By phone
       884-54-33 and 884-54-01
   
5.  United Coconut Planters Life Assurance Corp.
    How to keep in touch with the company
    1. By personal visit
       Cocolife Building, 6774 Ayala Avenue, Makati City
    2. By Phone
       812-90-15 to 26

6.  BPI Philam Life Assurance Corp., lnc.
    How to keep in touch with the company
    1. By personal visit
       15th Flr., Ayala Life Building 6811 Ayala Life - FGU Center
       Ayala Avenue, Makati City
    2. By phone
       888-LIFE,   Hotline - 89-100
    3. By sending an email inquiry
       Customer_Service@bpiphilam.com

7.  Sunlife Grepa Financial, lnc.
    How to keep in touch with the company
    1. By personal visit
       6/Floor, 221 Sen. Gil Puyat Avenue, Makati City
    2. By phone
       845-63-90 and 816-17-26 to 60 and 813-61-75
    3. By sending an email inquiry
       gpl@grepa.com

8.  Philippine AXA Life lnsurance. Corp.
    How to keep in touch with the company
    1. By personal visit
       Ground Floor, Philippine Axa Life Center, PSBank Tower,
       Sen Gil J. Puyat Ave., cor. Tindalo St., Makati City
    2. By phone
       885-01-01

9.  Pru Life lnsurance Corp. of U.K
    How to keep in touch with the company
    1. By personal visit
       25th Tower 1, The Enterprise Center, 6766 Ayala Avenue,
       cor.Paseo de Roxas & dela Rosa Sts. Legaspi Village,
       Makati City
    2. By phone
       884-84-84

10. Beneficial Life lnsurance Co., lnc.
    How to keep in touch with the company
    1. By personal visit
       Beneficial Life Bldg.166 Salcedo St., Legaspi Village
       Makati City
    2. By phone
       818-86-71

11. Generali Pilipinas Life Assurance Co. Inc.
    How to keep in touch with the company
    1. By personal visit
       5th Floor Gerson Plaza Bldg. 7901 Makati Avenue, Makati City
    2. By phone
       886-52-58 and 817-48-71

12. Manulife Chinabank Life Assurance Corp.
    How to keep in touch with the company
    1. By personal visit
       24th Floor, LKG Tower, 6801 Ayala Avenue, Makati City
    2. By phone
       884-54-33 and 884-54-01

13. Pioneer Life lnc.
    How to keep in touch with the company
    1. By personal visit
       4th Pioneer House Building 108 Paseo de Roxas, Legaspi
       Village, Makati City
    2. By phone
       812-77-77 and 817-90-77
   
14. Caritas Life lnsurance Corp.
    How to keep in touch with the company
    1. By personal visit
       5th Floor, Caritas Building 97 E. Rodriguez Blvd.. Quezon City
    2. By phone
       784-55-07

15. PNB Life lnsurance, lnc.
    How to keep in touch with the company
    1. By personal visit'
       10th Floor Alliedbank Centre, 6754 Ayala Ave. cor. Legaspi
       Street, Makati City
    2. By phone
       818-54-33

16. Asianlife & General Assurance Corp.
    How to keep in touch with the company
    1. By personal visit
       Ground Floor to 3rd Floor, Morning Star Center, 347 Sen.
       Gil J. Puyat Avenue, Makati City
    2. By phone
       890-1758
    3. By sending an email inquiry
       asianlife.com.ph

17. Philam Equitable Life Assurance Co., lnc.
    How to keep in touch with the company
    1. By personal visit
       4th Floor Philamlife Building, United nations Ave., Manila
    2. By phone
       528-50-68 and 528-50-66

18. Fortune Life lnsurance Company, lnc.
    How to keep in touch with the company
    1. By personal visit
       Fortune Life Building, 162 Legaspi St., Legaspi Village,
       Makati City
    2. By phone
       892-98-41 to 49
    3. By sending an email inquiry
       fortlife@fortunelife.com

19. Philippine lnternational Life lnsurance Co., lnc.
    How to keep in touch with the company
    By visiting the company's website
    http://www.philinterlife.com/
     
20. Climbs life and General Insurance Cooperative
    How to keep in touch with the company
    1. By personal visit
       Upper Zone 5, National Highway, Bulua, Cagayan de Oro City,
       Philippines, 9000
    2. By phone
       +63-088-8561355 loc.10 and +63-8822-738738 and
       +63-088-8561355
    3. By sending email inquiry
       a. head_office@climbs.coop
       b. marketing@climbs.coop

21. United Life Assurance Corp.
    How to keep in touch with the company
    1. By personal visit
       6th Floor, Federal Tower Cond. Dasmarinas cor. Muelle
       de Binondo, Binondo, Manila
    2. By Phone
       241-42-01 to 07

22. Philippine Life Financial Assurance Corp.
    How to keep in touch with the company
    1. By personal visit
       9th floor-Penthouse, Mondragon House Building, 324 Sen. Gil
       Puyat Ave., Makati City 1227
    2. By phone
       (+632)798-5433

23. Country Bankers Life lnsurance Corp.
    How to keep in touch with the company
    1. By personal visit
       648 T. M. Kalaw Street, Ermita, Manila
    2. By phone
       523-86-11 to 18
    3. By sending an email inquiry
       info@cblic.com
 
24. Paramount Life & General lnsurance Corp.
    How to keep in touch with the company
    1. By personal visit
       14th & 15th Floor, Sage House, 110 Herrera St., Legaspi
       Village, Makati City
    2. By phone
       772-92-00
    3. By sending an email inquiry
       insure@paramount.com.ph

25. Philippine Prudential Life lnsurance Co. lnc.
    How to keep in touch with the company
    1. By personal visit
       3rd and 5th Floor, AIC Burgundy Tower, ADB Avenue,
       cor. Sapphire and Garnet Roads, Ortigas Center, Pasig City
    2. By phone
       (02)902-23-30 and (02)902-23-00
    3. By sending an email inquiry
       mypolicy@philippineprudential.com
       philprulife@philprudentiallife.com

26. First Life Financial Company, Inc.
    How to keep in touch with the company
    1. By personal visit
       The First Life Center, 174 Salcedo St., Legaspi Village,
       Makati City
    2. By phone
       889-79-74
    3. By sending an email inquiry
       pcoyiuto@1stlife.com.ph

27. Manila Bankers Life lnsurance Corp.
    How to keep in touch with the company
    1. By personal visit
       PVGP Center 6772 Ayala Avenue, Makati City
    2. By phone
       810-08-97 and 813-24-90 and 810-10-40 and 810-10-72
    3. By sending an email inquiry
       julyn.cañezal@mblic.com.ph

28. CAP Life lnsurance Corp.
    How to keep in touch with the company
    1. By personal visit
       CAP Building I 126 Amorsolo St.,,Legaspi Village Makati City
    2. By Phone
       810-92-58 and 810-91-91
    3. By sending an email inquiry
       felypapiak@yahoo.com

29. Cooperative lnsurance System of the Philippines
    How to keep in touch with the company
    1. By personal visit
       CISP Building 80 Malakas St., Brgy. Pinyahan Central District,
       Quezon City
    2. By phone
       923-07-39 and 924-03-88 and 924-04-71

30. BF Life lnsurance Corp.
    How to keep in touch with the company
    1. By personal visit
       Rooms 507 BF Condominium Andres Soriano, Jr. Avenue Intramuros,
       Manila
    2. By phone
       527-44-65

Note: Almost all of the above mentioned telephone numbers are in Manila.
the area code in Manila is 02. When calling from the Philippines, dial
first the area code 02 before the above cited telephone numbers.