Monday, December 20, 2010
Health insurance policies insure you against several illnesses and guarantee you stay financially secure should you ever require treatment.
They safeguard your peace of mind, eliminate all worries about treatment expenses, and allow you to focus your energy on more important things, like getting better
They safeguard your peace of mind, eliminate all worries about treatment expenses, and allow you to focus your energy on more important things, like getting better
Life insurance will replace your lost income in the event that it goes away in the future. It can pay off your mortgage and provide your family with a debt-free home. Credit card and other consumer debts can be liquidated with life insurance benefits. It also provides you money for your comfortable retirement.
Philippine Prudential Life offers various plans that would fit your requirements. Our rates and payment options are very flexible. You could choose a plan according to your needs and affordability. Just call our office and we will listen to you and will offer you what is best for you and your family.
Philippine Prudential Life is a company of solid financial standing. In spite of the recession experienced globally, we provided outstanding service to our policyholders and clients and created a year filled with positive highlights. As of December 31, 2009, it has total assets of P586 million which represents a 22% gr...owth over the previous year or a tremendous 192% over a span of 5 years.
Philippine Prudential Life is a company of solid financial standing. In spite of the recession experienced globally, we provided outstanding service to our policyholders and clients and created a year filled with positive highlights. As of December 31, 2009, it has total assets of P586 million which represents a 22% gr...owth over the previous year or a tremendous 192% over a span of 5 years.
Philippine Prudential Life is a company of solid financial standing. In spite of the recession experienced globally, we provided outstanding service to our policyholders and clients and created a year filled with positive highlights. As of December 31, 2009, it has total assets of P586 million which represents a 22% gr...owth over the previous year or a tremendous 192% over a span of 5 years.
These are the people behind the Sales & Marketing team of the company. Mr. Mandy Mercado is the EVP for Sales & Marketing. It has five (5) distribution channels; the Traditional Individual and Group Marketing, headed by Elmer Baingan, with its sales force of over 600 agents, Direct Marketing, headed by Rose Marie Evang...elista, where presence is felt in major newspaper magazines, Retail Marketing, headed by Robb Paulsen, where transactions are done in the malls, Telemarketing headed by Ned Mercado and Alternative Marketing headed by Nonoy Kapunan. (picture not edited yet, background to be changed)
Gregorio D. Mercado, President and CEO of Philippine Prudential Life. Sir “George” is the immediate past president of the Philippine Life Insurance Association (PLIA), the organization of all life insurance companies in the Philippines, and is a member of the Board of Trustee for the Insurance Institute for Asia and the Pacific (IIAP)
Tuesday, December 14, 2010
Licensed Insurance Companies in the Philippines
A number of readers are asking about insurance company Philippine Prudential Life Insurance Co., so I decided to present this list. Data is based on information presented by the Insurance Commission on its web site. List of the 35 Life Insurance Companies in the Philippines Whose Licenses Were Renewed for the Year 2009 to 2010
1. AsianLife and General Assurance Corp.
(formerly ATR Professional Life Assurance)
2. AsianLife Financial Assurance Corp.
(formerly All Asia Life Assurance Corp.)
3. Ayala Life Assurance Inc.
4. Beneficial Life Insurance
5. BF Life Insurance Corp.
6. BancLife Insurance Co.
7. CAP Life Insurance Corp.
8. Caritas Life Insurance Corp.
9. Cooperative Insurance System of the Phil.
10. Coop Life Insurance and Mutual Benefit Services
11. Country Bankers Life Insurance Corp.
12. First Life Financial Co.
(formerly First Guarantee Life Assurance Co.)
13. Fortune Life Insurance Co.
14. Generali Pilipinas Life Assurance Co.
15. Great Pacific Life Assurance Corp.
16. Great Life Financial Assurance Corp.
(formerly Nippon Life Insurance Co. of the Phil.)
17. Insular Life Assurance Co.
18. Manila Bankers Life Insurance Corp.
19. Manufacturers Life Insurance Co. (Phil)
20. Manufacturers Life Insurance Co. (Branch)
21. Manulife Chinabank Life Assurance Corp.
(formerly Pramerica Life Insurance Co.)
22. National Life Insurance Co. of the Phil.
23. Paramount Life and General Insurance Corp.
24. Philam Equitable Life Assurance Co.
25. Philippine American Life and General Insurance Co.
26. Philippine AXA Life Insurance Corp.
27. Philippine Prudential Life Insurance Co.
28. Philippines International Life Insurance Co.
29. Pioneer Life Inc.
30. PNB Life Insurance Inc.
31. Pru Life Insurance Corp. of UK
32. Sony Life Insurance (Phils.) Corp.
33. Sun Life of Canada (Philippines) Inc.
34. United Life Assurance Corp.
35. United Coconut Planters Life Assurance Corp.
Based on paid-up capital as of Dec 31, 2009, the top ten firms are:
Based on net worth as of Dec 31, 2009,the top ten firms are:
Based on premium income as of December 31, 2009, the top ten firms are:
Source: working pinoy
1. AsianLife and General Assurance Corp.
(formerly ATR Professional Life Assurance)
2. AsianLife Financial Assurance Corp.
(formerly All Asia Life Assurance Corp.)
3. Ayala Life Assurance Inc.
4. Beneficial Life Insurance
5. BF Life Insurance Corp.
6. BancLife Insurance Co.
7. CAP Life Insurance Corp.
8. Caritas Life Insurance Corp.
9. Cooperative Insurance System of the Phil.
10. Coop Life Insurance and Mutual Benefit Services
11. Country Bankers Life Insurance Corp.
12. First Life Financial Co.
(formerly First Guarantee Life Assurance Co.)
13. Fortune Life Insurance Co.
14. Generali Pilipinas Life Assurance Co.
15. Great Pacific Life Assurance Corp.
16. Great Life Financial Assurance Corp.
(formerly Nippon Life Insurance Co. of the Phil.)
17. Insular Life Assurance Co.
18. Manila Bankers Life Insurance Corp.
19. Manufacturers Life Insurance Co. (Phil)
20. Manufacturers Life Insurance Co. (Branch)
21. Manulife Chinabank Life Assurance Corp.
(formerly Pramerica Life Insurance Co.)
22. National Life Insurance Co. of the Phil.
23. Paramount Life and General Insurance Corp.
24. Philam Equitable Life Assurance Co.
25. Philippine American Life and General Insurance Co.
26. Philippine AXA Life Insurance Corp.
27. Philippine Prudential Life Insurance Co.
28. Philippines International Life Insurance Co.
29. Pioneer Life Inc.
30. PNB Life Insurance Inc.
31. Pru Life Insurance Corp. of UK
32. Sony Life Insurance (Phils.) Corp.
33. Sun Life of Canada (Philippines) Inc.
34. United Life Assurance Corp.
35. United Coconut Planters Life Assurance Corp.
Based on paid-up capital as of Dec 31, 2009, the top ten firms are:
- Philam Life and Gen
- Sony
- BPI Philam Life (Philam and Ayala Life of BPI)
- United Cocolife
- Sunlife
- Great Life Financial
- Manulife Chinabank
- Manulife Phils
- Beneficial PNB (Beneficial Life and PNB Life Insurance)
- Grepalife Financial
Based on net worth as of Dec 31, 2009,the top ten firms are:
- Philam Life Gen
- Insular Life
- Sunlife
- United Cocolife
- Manulife (Branch)
- Grepalife Financial
- Manulife (Phils)
- Phil. AXA
- Beneficial PNB
- BPI Philam Life
Based on premium income as of December 31, 2009, the top ten firms are:
- Philam Life and Gen
- Sunlife
- Insular Life
- Phil AXA
- BPI Philam Life
- Pru Life
- Generali Pilipinas
- Manulife (Phils)
- Grepalife Financial
- United Cocolife
Source: working pinoy
Sunday, December 12, 2010
About PPLIC
The Philippine Prudential Life Insurance Company, Inc. (PPLIC) is a leader in
innovation and growth in the life insurance industry in the country. Founded on February
18, 1963 by the late businessman and philanthropist, Daniel L. Mercado, Sr., the
Company is now run by his grandson, Gregorio D. Mercado, as its President and Chief
Executive Officer. Known in the industry as “George,” Mr. Mercado is the past
president (2008) of the Philippine Life Insurance Association (PLIA), the organization
of all life insurance companies in the Philippines, and is currently the President of the
Insurance Institute for Asia and the Pacific (IIAP). The Chairmanship of PPLIC is
now held by the founder’s son and former Company President, Daniel M. Mercado, Jr.
PPLIC is a reputable 100% Filipino-owned financial services company committed
to providing the best financial advice and diversified and affordable products — such as
endowment plans, whole life plans, group and permanent plans, healthcare coverage,
education and pension policies and Credit Life Insurance — to its valued clients through its
multiple and accessible distribution channels.
Now on its way to celebrating 48 years of sterling, trustworthy and continuous
service, PPLIC continues to serve the best interests of its more than 1.5 Million
Policyholders and their families, with over Php 51 Billion Business-In-Force. Despite
recent worldwide business challenges, the Company, through its prudent management,
continues to enjoy solid financial standing. As of December 31, 2009, it has Total Assets
of over Php 586 Million, which represents a 22% growth over the previous year or a
tremendous 192% growth over a span of five years. Total Equity is at over Php 191
Million, from merely Php 139 Million in 2005, or a five-year growth of 37%. Net
Income is recorded at over Php 24 Million, or a 217% growth over five years. Its total
Premium Income is recorded at over Php 680 Million, a 38.6% growth over previous
year or a 323% growth since 2005. Total amount of Claims paid is over Php 71.8
Million for the year, while the Legal Policy Reserves, the funds invested to be used for
future claims, is recorded at over Php 281 Million, or an increase of Php 52 Million from
previous year. Total Investments are at over Php 341 Million.
Distribution remains to be a core strength, as the Company constantly invests in its
agency force, now numbering over 1,200, and in putting up sales offices to extend services
in key cities nationwide. Its six Distribution Channels — Traditional Individual, Group
Marketing, Direct Marketing, Retail Marketing, Telemarketing and Alternative Marketing —
are fully committed and dedicated to helping Filipinos everywhere live a more secured life.
As an industry innovator, PPLIC pioneered in Mortgage Redemption Insurance, also
known as Credit Life Insurance, where the face amount matches the loan balance of a
bank borrower at any given time and is designed so that the loan will be paid off in full in
the event of death of the Insured/Borrower. It also pioneered in organizing groups of life
insurance companies as a pool to handle a program of protection for select customers.
In 2009, it was awarded with the prestigious Superbrands status, making it the
only life insurance company to be given this distinction for the 2009-2010 awarding period.
As a responsible Corporate Citizen, PPLIC is actively involved in worthwhile
advocacy programs, such as Gawad Kalinga and the Kariton Klassrum project of Kuya
Efren PeƱaflorida.
innovation and growth in the life insurance industry in the country. Founded on February
18, 1963 by the late businessman and philanthropist, Daniel L. Mercado, Sr., the
Company is now run by his grandson, Gregorio D. Mercado, as its President and Chief
Executive Officer. Known in the industry as “George,” Mr. Mercado is the past
president (2008) of the Philippine Life Insurance Association (PLIA), the organization
of all life insurance companies in the Philippines, and is currently the President of the
Insurance Institute for Asia and the Pacific (IIAP). The Chairmanship of PPLIC is
now held by the founder’s son and former Company President, Daniel M. Mercado, Jr.
PPLIC is a reputable 100% Filipino-owned financial services company committed
to providing the best financial advice and diversified and affordable products — such as
endowment plans, whole life plans, group and permanent plans, healthcare coverage,
education and pension policies and Credit Life Insurance — to its valued clients through its
multiple and accessible distribution channels.
Now on its way to celebrating 48 years of sterling, trustworthy and continuous
service, PPLIC continues to serve the best interests of its more than 1.5 Million
Policyholders and their families, with over Php 51 Billion Business-In-Force. Despite
recent worldwide business challenges, the Company, through its prudent management,
continues to enjoy solid financial standing. As of December 31, 2009, it has Total Assets
of over Php 586 Million, which represents a 22% growth over the previous year or a
tremendous 192% growth over a span of five years. Total Equity is at over Php 191
Million, from merely Php 139 Million in 2005, or a five-year growth of 37%. Net
Income is recorded at over Php 24 Million, or a 217% growth over five years. Its total
Premium Income is recorded at over Php 680 Million, a 38.6% growth over previous
year or a 323% growth since 2005. Total amount of Claims paid is over Php 71.8
Million for the year, while the Legal Policy Reserves, the funds invested to be used for
future claims, is recorded at over Php 281 Million, or an increase of Php 52 Million from
previous year. Total Investments are at over Php 341 Million.
Distribution remains to be a core strength, as the Company constantly invests in its
agency force, now numbering over 1,200, and in putting up sales offices to extend services
in key cities nationwide. Its six Distribution Channels — Traditional Individual, Group
Marketing, Direct Marketing, Retail Marketing, Telemarketing and Alternative Marketing —
are fully committed and dedicated to helping Filipinos everywhere live a more secured life.
As an industry innovator, PPLIC pioneered in Mortgage Redemption Insurance, also
known as Credit Life Insurance, where the face amount matches the loan balance of a
bank borrower at any given time and is designed so that the loan will be paid off in full in
the event of death of the Insured/Borrower. It also pioneered in organizing groups of life
insurance companies as a pool to handle a program of protection for select customers.
In 2009, it was awarded with the prestigious Superbrands status, making it the
only life insurance company to be given this distinction for the 2009-2010 awarding period.
As a responsible Corporate Citizen, PPLIC is actively involved in worthwhile
advocacy programs, such as Gawad Kalinga and the Kariton Klassrum project of Kuya
Efren PeƱaflorida.
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