Gigacover Teams up with EXOASIA Innovation Hub to Champion Health and Financial Security of Filipino Freelancers and Entrepreneurs

MANILA, PHILIPPINES – Gigacover, a Singapore-based insurtech company, recently teamed up with EXOASIA Innovation Hub, a global management consultancy, to provide 360 digital insurance protection for Filipino freelancers, start-ups, and micro, small, and medium enterprises (MSMEs). 

The Philippine Statistics Authority (PSA) reported that micro, small, and medium enterprises account for 99.5% of businesses in the country. In the recent years, the gig economy and startup industry have also taken off in the Philippines. Latest figures from the Department of Trade and Industry revealed that at least 1.5 million Filipinos are employed in freelancing jobs while the local startup ecosystem is valued at USD 2 Billion in 2022. Despite their significant economic contributions, businesses and workers in these sectors often have limited access to insurance products. 

EXOASIA Innovation Hub is a global transformation ecosystem that connects professionals, organizations, and institutions to create better future for everyone. Its three verticals on certification, incubation, and ecosystems aim to inspire, validate, and scale up solution by solving local problems through alliances between entrepreneurs, organizations, and governments and leveraging on deep tech and global innovation ecosystems. Under the partnership, all of EXOASIA’s community webinars, meet-ups, hackathons, incubations, accelerations, and follow-on events for freelancers and entrepreneurs will feature a segment on health and financial protection plans to increase awareness for these products.

“The program aims to further educate, make healthcare and insurance products more accessible, and affordable to those in the Informal sector. With this partnership, EXOASIA, allows its community of founders, entrepreneurs and digital nomads to access such benefits without breaking bank” shared Chesca Figueroa, Country Manager at Gigacover. 

“The concept of insurance being digital and dedicated for freelancers and self-employed workers is still novel to many Filipinos. For the longest time, the insurance we know circles around life, non-life, and health maintenance organizations (HMOs) — and you need an agent to get one,” shared Amerson Lin, CEO and co-founder at Gigacover. “We are thrilled to partner with EXOASIA which shares our value of ensuring freelancers should have protection with innovative digital insurance products tailored to this sector.”

“COVID-19 uncovered how under-insured Filipinos are. Freelancers, start-ups, and MSMEs are challenged with exorbitant premium costs of insurance and there’s not enough education on how, where, and what to look for in insurance providers. These are the problems we hope to solve through this partnership, where we educate and make affordable health insurance accessible to everyone. “ shared Mack Comandante, Founder and CEO at EXOASIA Innovation Hub.

To learn more about Gigacover and the insurance products and services it offers, please visit its official website and Facebook page.

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About Gigacover

Gigacover was founded in 2017 in Singapore to bring fairness and stability to independent workers. These include gig workers, freelancers and self-employed persons, many of whom lack access to right-sized financial services. It launched the region's first income protection insurance to meet the needs of the gig economy and has since gone on to serve caregivers, tutors, real estate agents, and delivery riders. Gigacover's product suite has also expanded to include earnings advances and payroll accounts. Through technology and data, Gigacover automates distribution, administration, and insight generation for risk management in order to bring flexible, affordable, and portable benefits to its users. As of 2021, Gigacover has a presence in Singapore and the Philippines and is backed by Vectr Fintech Partners, Quest Venture Partners, Alto Partners, M Venture Partners, and Farsight Capital.

For more information, please visit: https://gigacover.com

About EXOASIA Innovation Hub

EXOASIA Innovation Hub inspires, validates, and scales solution by solving local problems through alliances between entrepreneurs, organizations, and governments leveraging on deep tech and global innovation ecosystems

Our Massive Transformative Purpose is Increasing Collective Uptake towards a sustainable future

Through partnerships with Openexo, Exobuilder, Fitter For Purpose, Wadhwani Foundation, DigestPh, Common Ground, Technology Business Incubators, Academe, etc  - we connect professionals, organizations, and institutions interested in creating a better future for everyone.

Through participation, certification, and alliance, EXOASIA believes in enhancing communal Uptake towards a sustainable future.

Participation creates massive adoption of exponential principles

Certification creates ambassadors for a sustainable future

The alliance brings individuals, companies, and organizations toward the mission of creating a sustainable future for everyone

Hospital bills can destroy your family's financial future, protect yourself with Singlife’s Cash for Medical Costs

Manila, Philippines – Research conducted by GCash with respondents from the middle-class revealed that one of the things that worries them most is getting confronted with a serious disease in their direct family. Just imagine what will go through your mind if a doctor tells you that your child has a serious disease. “How can I help my child get better as soon as possible?” will be the first thing on your mind... and right after, “Where will I get the money to pay for the treatments?” The reality is that many families will have to use up all their savings, or even borrow money just to be able to pay for the medical bills. And while the recovery of the child is what we all hope for, recovering financially may take several years.

What’s the alternative? 

While there are some with Philhealth coverage or an HMO plan from employers, the limits for these may be insufficient especially when you are confronted with a critical condition. Those who do not have such benefits can opt for a private HMO plan, however, for many, it would be outside their budget. A private HMO plan for a family of four costs around Php 100,000 yearly. 

This is why Singlife created ‘Cash for Medical Costs’ a product that provides you and your family up to Php 1,275,000 each in benefits to pay for high medical costs. It offers cash for every day of hospitalization, a fixed amount when you are diagnosed with one of the 125 covered critical conditions, and additional reimbursements for medical treatments needed for the most severe critical conditions. 

“Although we all want to avoid it, people do get hospitalized and get critical illnesses, and we all want the best medical care available. The sad reality is that most of the time, we are forced to use the care that we can afford. From a series of interviews, we’ve learned that people resorted to emptying out their entire life savings, selling property, and even having to borrow money just to afford life-saving medical treatments. We believe everyone deserves a better way to deal with these situations,” says Rien Hermans, CEO of Singlife Philippines.

“To let as many people know that sufficient cover can fit your budget, we launched a promo to encourage people to view our offer and experience how easy it is to get a Singlife plan. Just get a quote for Cash for Medical Costs and we will give you a free Dengue plus COVID-19 cover, without any obligation to buy anything. We are confident that you will be happily surprised and be willing to seriously consider.” 

“Using today’s technology, we’ve created a better way to be protected by offering meaningful benefits for a price that fits your budget. The days when having adequate protection was only available to the lucky few are over. We’ve made it possible for every Juan (and Maria) to be in control of their financial future. Since our start in 2021, we have already issued over 500,000 policies, proving how easy it is to purchase, manage and claim insurance benefits on your mobile phone,” adds Hermans.

Cash for Medical Costs is available on GCash for individuals and families. It offers up to P1,275,000 in benefits per person from as low as P848 a month*. To purchase, go to your GCash app, go to GInsure and click the Singlife Cash for Medical Cost product card. You can be covered and secure your financial future in only 3-5 minutes. 

Get a quote, get FREE coverage

Starting today customers who get a quote for Singlife’s Cash for Medical Costs will be given a free P140,000 Dengue and COVID-19 coverage good for 3 months. 

To get your free Dengue and COVID-19 cover from Singlife, go to GInsure in GCash, click on the ‘Cash for Medical Costs’ product card, and answer a few questions to get a personalized quote. Qualified customers will get their free policy instantly! They will be notified via SMS and they will receive their letter of cover via email. It’s that easy.

All verified Gcash users, aged 18 to 55 years old who are Filipino Citizens or foreigners that are legal residents in the Philippines can avail of this promo. 

With Singlife, you are just a few taps away from protecting yourself from medical costs.  

Click this link to get your quotation and get your free P140,000 Dengue and COVID-19 cover today!

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ABOUT SINGLIFE PHILIPPINES  

Singlife Philippines is a mobile-first savings and protection company with headquarters in Singapore, Asia’s technology hub.  

As a start-up in the long-standing insurance industry, we provide a better way to plan, save and protect your financial future. Through technology, we provide insight, guidance and fulfilment on your phone to support you with financial solutions that fit your needs and budget to ensure there is money when it’s needed: for everyday emergencies, loss of income, to pay for high medical expenses, or to fund future spending for education, retirement or any other wish that can be fulfilled.  

Singlife Philippines secured its license to operate from the country’s Insurance Commission in February 2020 and sealed a partnership with the country’s leading e-wallet Gcash in May 2020.  

To learn more about Singlife Philippines visit www.singlife.com.ph.   

AIA LAUNCHES AIA ONE BILLION TO ENGAGE A BILLION PEOPLE TO LIVE HEALTHIER, LONGER, BETTER LIVES BY 2030

Manila, Philippines – AIA Group Limited (“AIA” or the “Company”; stock code: 1299) today announced the launch of AIA One Billion, a bold ambition to engage a billion people to live Healthier, Longer, Better Lives by 2030. As the largest pan-Asian life and health insurer, AIA is starting a movement to improve the health and wellness of individuals and help create a more sustainable future in Asia.

Stuart A. Spencer, AIA Group Chief Marketing Officer, said, “For more than a century, AIA has strived to make a significant, positive impact for our customers and communities. Launching AIA One Billion extends our Purpose of helping people live Healthier, Longer, Better Lives far beyond our immediate customer base. AIA One Billion underscores AIA’s commitment to engage, educate and inspire communities across Asia to improve physical, mental and environmental wellness while championing financial inclusion. 

The pandemic has increased people’s awareness of the importance of health and wellness. Yet populations in Asia are seeing an increase in lifestyle-related diseases, accounting for more than 70 per cent of all deaths1. The World Health Organisation has warned that climate change will increase morbidity and mortality, especially in Asia2. It is critically important for AIA to play a positive role and be at the forefront of helping our communities address these issues.” 

Kelvin Ang, AIA Philippines CEO, said, “AIA Philippines is proud to commit to AIA One Billion. Our Save Lives initiative tracks the number of lives saved through our protection products. In addition, our Healthy Outcomes initiative monitors the health improvements of our Vitality members, and our ESG program is leading our transition to sustainable operations. AIA Philippines is joining the journey!”

Through partnerships, events, community programs and campaigns AIA One Billion will encompass all our interactions across our communities to engage and encourage everyone from all walks of life to lead healthier lifestyles and help secure a healthier planet. As a first step to kick-start AIA One Billion, a regional social media campaign has been launched to invite people to ‘Join the Journey’. AIA ambassadors across the region will also support the initiative and rally communities to take action and drive broad positive behavioral change.

AIA has the ambition to become a global leader in Environmental, Social and Governance (ESG). AIA One Billion builds on our long-term strategy to make a difference to the sustainable development of our communities, and setting clear goals in line with our ambition to be a global leader in ESG. As part of its ESG reporting, AIA will track, measure, and report on progress towards the goal to engage one billion people by 2030 to live Healthier, Longer, Better Lives.

Find out more about AIA One Billion: aia.com/aiaonebillion

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About AIA 

AIA Group Limited and its subsidiaries (collectively “AIA” or the “Group”) comprise the largest independent publicly listed pan-Asian life insurance group. It has a presence in 18 markets – wholly-owned branches and subsidiaries in Mainland China, Hong Kong SAR6, Thailand, Singapore, Malaysia, Australia, Cambodia, Indonesia, Myanmar, New Zealand, the Philippines, South Korea, Sri Lanka, Taiwan (China), Vietnam, Brunei and Macau SAR7, and a 49 per cent joint venture in India. 

The business that is now AIA was first established in Shanghai more than a century ago in 1919. It is a market leader in Asia (ex-Japan) based on life insurance premiums and holds leading positions across the majority of its markets. It had total assets of US$330 billion as of 30 June 2021. 

AIA meets the long-term savings and protection needs of individuals by offering a range of products and services including life insurance, accident and health insurance and savings plans. The Group also provides employee benefits, credit life and pension services to corporate clients. Through an extensive network of agents, partners and employees across Asia, AIA serves the holders of more than 39 million individual policies and over 16 million participating members of group insurance schemes.

AIA Group Limited is listed on the Main Board of The Stock Exchange of Hong Kong Limited under the stock code “1299” with American Depositary Receipts (Level 1) traded on the over-the-counter market (ticker symbol: “AAGIY”).

AXA, Cebu Pacific give free insurance to Filipinos

To mark their first partnership anniversary, AXA Philippines, one of the country’s leading insurance providers, together with the country’s leading airline, Cebu Pacific (CEB), extend the opportunity for CEB customers to get free insurance coverage up until December 31, 2021.

The special anniversary offer provides a life insurance coverage and personal accident insurance, each worth P25,000, with a coverage period of 3 months. This one-time offer is open to all CEB fliers aged 18 to 60 years old -all they need to do is sign up via https://bit.ly/CEBxAXAAnniv while slots are available.

Thru this partnership, every Juan now has access to an affordable critical illness plan with CEB Health Protect. This is the first of many non-travel insurance products that will be made available to address the health and financial needs of Filipinos.

The pandemic made many people rethink their habits, better prepare for the unexpected, and prioritize their health and wellness. “Protecting our health at all costs and preparing for accidents and emergencies have become more relevant than ever. With CEB Health Protect, we want to help every Juan protect their health and finances from unexpected situations – whether in their daily activities or while traveling. We are pleased to have found a partner in Cebu Pacific who also prioritizes safety and addresses the needs of its passengers even beyond travel,” said Rahul Hora, president and CEO of AXA Philippines.

“As we continue to listen to our customers, we recognize the need to prioritize every Juan’s health more so during this time. We are happy to keep offering CEB Health Protect and to be celebrating a milestone with our partner, AXA Philippines, to better equip Filipinos for unforeseen circumstances,” said Candice Iyog, vice president for marketing and customer experience at Cebu Pacific.

CEB Health Protect offers value-for-money coverage for top three (3) critical illnesses like cancer, heart attack, and stroke. It also provides insurance benefits of up to P1 million, allowing families to receive up to 20% coverage for nine (9) minor critical conditions.


CEB Health Protect is a very affordable plan for every Juan who may wish to protect themselves and their loved ones. Every Juan can tailor fit the insurance coverage according to their personal needs and budget, with coverage available for as low as 18/day and flexible payment terms from monthly, quarterly, semi-annually and annually.

Selecting and purchasing CEB Health Protect can also be safely and conveniently done online on the AXA website, similar to how Cebu Pacific customers seamlessly book and manage their Cebu Pacific flights.

With CEB Health Protect from AXA Philippines and Cebu Pacific, every Juan can now protect their health and be prepared for just about anything in life or while travelling.

For more information on AXA Philippines, visit www.axa.com.ph.

Maxicare Helps Members Reignite their Businesses Amidst COVID-19

Manila, Philippines — Under the “new normal,” business and healthcare go hand-in-hand as industries recover and adapt to the impact of the COVID-19 pandemic. To signify its support to the country’s outsourcing sector, Maxicare Healthcare Corporation, the country’s premier healthcare provider, joined the Call Center Association of the Philippines’ (CCAP) Serving the World: Contact Islands ‘21 Virtual Conference on Re-Igniting Growth in the New Business Environment.

During the virtual conference, Maxicare hosted a discussion on how COVID-19 will continue to impact the way businesses operate and how the company has been helping ensure the safety and wellbeing of employees.

Living with the impact of COVID-19

Maxicare invited Dr. Edsel Salvana, Director of Institute of Biology and Biotechnology and member of the Department of Health’s (DOH) Technical Advisory Group on Infectious Diseases, to provide an overview on the COVID-19 situation in the country. During his talk, Dr. Salvana emphasized the need for innovation in ensuring that workplaces are pandemic-resilient and less likely to spread diseases. “There are a lot of innovations that will outlive the pandemic, including working from home. If you don’t need your entire workforce to be in the office, then taking out half of them and allowing them to work from home will be the most effective.” 

Dr. Salvana also expressed his optimism that businesses will flourish better towards the end of the year as we learn to better cope with the pandemic. “If we stick to public health standards and increase vaccination while reinforcing the healthcare system, we will be able to manage our severe cases and the economy can remain open as we continue to roll out our vaccines. We are already seeing the numbers go down, we ask that everyone cooperates. Make sure that aside from getting vaccinated, wear your masks and face shields especially indoors and stick to what you have been doing in terms of protecting each other.”

Re-igniting businesses through innovative and responsive healthcare services

Maxicare’s Assistant Vice-President for Wellness and Medical Resource and Research Dr. JC Sevilla also shared how they are helping partner companies reignite growth through the Maxicare HomeCare COVID-19 Management Program. 

“We know that early detection is the priority when it comes to COVID-19. Our program, which simulates a hospital admission, provides continuity of care from consultation to treatment with 24/7 telemedicine and telemonitoring. Telemedicine includes consultations with in-house physicians where we also provide electronic prescriptions and lab requests. With telemonitoring, we are able to monitor disease progression. The Maxicare HomeCare program also offers medication including Remdisivir and steroids, as well as ambulance conduction if needed. The program is open for all COVID-19 cases and those qualified cases needing confinement.”

Sylvia Stolk, Chief Digital and Transformation Officer also shared how Maxicare is investing in technology to transform healthcare. “Access to basic health services is very important. We are helping businesses by making sure our members are healthy through protection, care continuity and easy access to healthcare, and understanding our members’ state of health through proactive, preventive, and predictive care.” 

“Even before the pandemic, Maxicare already began to strengthen its customer experience vision and principles, where most of the member journey and digital transformation projects are anchored,” said Fiona Victoria SAVP/Group Head of Corporate Sales. 

Some of these digital initiatives include the Maxicare Member Gateway platform for applying for Letter of Authorization (LOA) online, Maxicare Videoconsult for 24/7 video consultations with doctors, and the HR Viewpoint and Enroll Me platforms for human resource personnel. During the first months of the pandemic, Maxicare was also at the forefront of ensuring a manageable return to work process with the Re-Entry Assessment and Management Program. They were also one of the first companies to invest in COVID-19 vaccines, making it available to their corporate partners and their members, including dependents.

“Reigniting the growth of our company, Maxicare, means we are prepared to extend excellent patient service on top of medical care. Re-igniting our progress means being able to map our customer’s journey from their onboarding to their post-medical needs,” added Victoria. 

To know more about Maxicare and its products and services, call their 24/7 hotline 8582-1900.

ABOUT MAXICARE

Maxicare is a part of the Equicom Group, a strong and healthy ecosystem of companies engaged in information technology, computer services, banking and finance, and leasing. We constantly innovate and upgrade our services to meet the ever-growing demands of our clients for convenient, reliable, and delightful experiences. Being the HMO with the largest number of members, we ensure the safety and good health of our 1.6 million members across the country - servicing a wide range of customers from corporations to micro, small and medium-sized enterprises, families, and individuals.

As the country’s leading HMO, Maxicare is ISO Certified and continuously provides high quality, comprehensive healthcare programs through our wide network of medical providers and strong customer support. Maxicare has more than 24,000 affiliated doctors and specialists, 1,400 hospitals and clinics, 1,000 dental clinics, 180 rehabilitation, dialysis, and eye centers. 

Celebrities and Community Advocates Share Diversity, Equity and Inclusion Lessons and Experiences at Manulife Webinar

Manila ― The Philippine arm of global life insurer Manulife recently organized a free webinar titled, “Becoming Better Allies to Each Other,” which highlighted the importance of fostering diversity, equity and inclusion (DEI), through the real-life stories and experiences of staunch advocates and members of diverse communities. 

The webinar featured actress Angel Locsin, who is a champion for women empowerment and other causes; actor Ian Veneracion, who is an ally for positive parenting; Brina Kei Maxino, a UNESCO Global Champion for Inclusive Education and Special Olympics Ambassador & International Global Messenger; Dr. RJ Naguit, Board President of the Youth for Mental Health Coalition; and G3 San Diego, journalist and LGBTQIA+ member, who also served as moderator.

“Now more than ever, each of us has a role to play in ensuring that we help create more safe spaces in our communities. At Manulife, we are committed to cultivating an environment where people can be their true selves, and they are heard, valued, supported, and respected, no matter our differences,” shared Richard Bates, President and Chief Executive Officer, Manulife Philippines. “To stay true to our commitment to make every day better for Filipinos, Manulife extends its DEI learning journey to our broader community, so we can all come together, have meaningful conversations and lift each other up."

“We likewise extend our DEI initiatives to the way we serve our customers, which is why Manulife Philippines honors domestic LGBTQIA+ partners as beneficiaries and offers insurance solutions that cater to gender-inclusive needs. This enables us to embed DEI across our business, and help drive greater inclusion in our communities,” Bates added.

“In this webinar, we focused on becoming better allies to one another. Being an ally means listening to, learning from, and seeking to understand one another, so that we can reach out, build bridges, and grow together. For us at Manulife, allyship is about shared responsibility and accountability, and being proactive in building strong, inclusive communities,” Melissa Henson, Chief Marketing Officer and DEI lead of Manulife Philippines, also shared. "We need better allies, because this is one way by which we can ensure and create safe spaces for each other and foster true inclusion."

Embracing our differences to build a better world with safe spaces

At the webinar, Locsin shared what it means to be an empowered woman, and what she learned throughout her career and life journey. She also shared how women can explore and express their authentic selves. “Women should always be true to themselves. A successful woman, for me, is capable of choosing her own path. We only have one chance, one life, and one shot. Sayang naman kung sasayangin lang sa kung anong opinyon ng ibang tao. Do what is right and what is best for you.” 

Locsin also said women can be like Darna. “Always remember that Darna won’t exist without Narda’s selflessness. If you put others before yourself, may pagmamalasakit ka sa kapwa, may kapasidad ka to be selfless, at tumutulong ka sa mga naaapi, then you are a hero.”

When asked what makes her proud to be an ally, Locsin said: “To be an ally to a community driven by love is an honor. It is about being one with others, and making them feel na hindi sila nag-iisa.”

Meanwhile, Veneracion also shared his lessons as a father of an LGBTQIA+ member, and how parents like him can become more encouraging allies to their children. “I see my daughter as a human being, just as she sees herself. We have to avoid judging and putting each other in boxes. We have the capacity as human beings to expand our consciousness and progress forward – to see with fresh eyes the beauty and uniqueness of everyone.” 

He added that parents should help prepare their children in dealing with the challenges of life. “The best way I can keep them safe as a parent is to help them become strong amid adversities. We have to teach our children to be responsible for their thoughts, words, and action. Their self-respect must have good foundation, and must not depend on external validation.”

San Diego also shared her own coming-out story and how she found the courage and resolve to champion for and represent her community. “Having a supportive environment matters for people like me. Before, when you were a transwoman, people thought you either worked in a salon or beauty pageants. While there is nothing wrong with that, and there are many distinguished women in these industries, we can occupy other spaces and be successful there, too.” 

San Diego added: “Growing up, and until now, I have yet to watch accurate representation of transgenders in the media, so I try to be more visible in the spaces I occupy. We may love or look differently, but at the core of all of us, is the same humanity.”

Moreover, Maxino highlighted how being born with Down Syndrome did not deter her from fulfilling her ambitions. “I have had Down Syndrome since I was a baby. I was told I wouldn’t live long. But my parents did everything they could so that I’d be able to extend my life. Now, I am already 25 years old -- fulfilling my dreams and empowering others like me to do the same.” Maxino said that people with special needs are capable of so much more, “Bullying is very discouraging. My role is to remind people to treat people like us with dignity. We can do more and be more.” Aside from graduating from a regular high school as class valedictorian, Maxino also finished three degrees in college. As the first Filipina teenager among the 10 Special Olympics Sargent Shriver International Global Messengers, she also dined with former US President Barack Obama at the White House. 

Lastly, Dr. Naguit emphasized the importance of having DEI conversations and initiatives to promote mental health and overall wellbeing, whether at home or in the workplace. “Stigma, discrimination and stereotypes create barriers, and create division among people. Mas lalong lumalala, as it creates a general sense of “othering” -- treating others as less because they are different, or discriminating against them. These walls affect our ability to seek support around us.” 

Dr. Naguit added: “The first step to become a better ally is to recognize that we are all connected. This way, we become more empathetic. Empathy is a muscle that grows with exercise. The more we learn to listen and understand others' stories, struggles, and pains, the more we cultivate our empathy.”

Across its various markets around the world, Manulife’s Professionals Reaching Out for Unity and Diversity (PROUD) promotes an inclusive workplace for LGBTQ+ employees to encourage their full and unencumbered contributions at work and educate the wider community about the importance of equality, acceptance, and allyship. Manulife also has the Ability group, which is a community of employees committed to building a positive and inclusive environment for employees of all abilities, and the Global Women’s Alliance (GWA) that supports and encourages the recruitment, development, and advancement of women throughout the organization across countries it operates in. 

Last year, the United Nations (UN) Women 2020 Asia-Pacific Women's Empowerment Principles (WEPs) Awards honored Manulife as one of the Philippines' most gender-inclusive workplaces, and the only insurance brand to have been recognized in the awards.

For those who missed the webinar, you may watch this on Manulife’s Facebook page or visit manulife.com.ph.

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About Manulife Philippines 

The Manufacturers Life Insurance Company opened its doors for business in the Philippines in 1907. Since then, Manulife’s Philippine Branch and later The Manufacturers Life Insurance Co. (Phils.), Inc. (Manulife Philippines) has grown to become one of the country’s leading life insurance companies. Manulife Philippines is a wholly-owned domestic subsidiary of Manulife Financial Corporation, among the world’s largest life insurance companies by market capitalization. Learn more about Manulife Philippines by visiting their website www.manulife.com.ph and following them on Facebook (www.facebook.com/ManulifePH), Twitter (@ManulifePH), and Instagram (@manulifeph).

About Manulife

Manulife Financial Corporation is a leading international financial services provider that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Canada, Asia, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and our global wealth and asset management segment, Manulife Investment Management, serves individuals, institutions and retirement plan members worldwide. At the end of 2020, we had more than 37,000 employees, over 118,000 agents, and thousands of distribution partners, serving over 30 million customers. As of June 30, 2021, we had CAD$1.3 trillion (US$1.1 trillion) in assets under management and administration, and in the previous 12 months we made $31.3 billion in payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 155 years. We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong. 

PHILIPPINE INSURANCE CODE ANNOTATED

The 5th Edition of the Philippine Insurance Code Annotated by underwriting consultant Lohel A. Martirez is now available!

The work is based on the Philippine Insurance Code (Presidential Decree No. 612) which was extensively amended by Republic Act no. 10607--- and includes universally accepted insurance principlesin Life & Non-Life, leading decided cases, and good customs of the industry.

Carefully selected reference materials from various sources both here and abroad were studied and explained, in a manner and style understood on first reading.

Martirez has served the insurance industry for more than five decades in various capacities both in the home offices and the field, as Executive Vice President/ Chief Operating Officer and other previous managerial positions. He was also Annotator of the Supreme Court Reports Annotated (SCRA); Court of Appeals Reports Annotated (CARA); Philippine Reports Annotated (PRA); and as Editorial Staff Member of the Supreme Court Decided Cases Quick Index Digest. All his works are published and distributed by Central Book Supply, Inc. nationwide.

To order a copy, you may contact Central Books at tel. no. (02) 372-3550 loc. 31 or email info@central.com.ph.

SUN LIFE’S #LiveBrighter Campaign: Millenials For A Financially Prepared Generation

The new generation of workforce, the Millenials, wants to grow with a company that respects their individuality while being part of a noble cause. Such opportunity is possible when one becomes a Financial Advisor. This is a door that Sun Life (of Canada) Philippines, Inc. opens wider with a recruitment drive called #LiveBrighter. It aims to present the profession as a career choice for Millennials who wish to have the time and resources to pursue their passions as they advocate financial foresight and planning.

“Millennials are known to be slashers as they juggle a lot of things live travelling, blogging, and other passion projects on top of their regular 8-5 jobs. It sounds very aspirational but how can they sustain this in terms of time and resources?” said Sun life Recruitment Manager Fin Bernardo. “With that in mind, we see that the profession of a Financial Advisor is a perfect fit for their lifestyle,” added Bernardo.

After introducing the Financial Advisor in popular culture thru its engagement with Cinema One’s Single/Single, Sun Life dishes out the #LiveBrighter Sessions. This is a series of meet-ups to show how a Financial Advisor lives up to the demands and rewards of the profession. It aims to reach more Millennials and send them the message that their dream job is just here all along.

Guided by the core values of a Sun Life Financial Advisor- caring, professional, inspiring, and winning - #LiveBrighter Sessions will give a taste of the benefits one can enjoy in choosing this particular career path. More than the chance to earn unlimited income, it also provides perks such as all-expense travel and the freedom to work with an unbridled schedule.

With more Filipinos keen on getting insurance and investment products, the possibilities for new Advisors are endless. “We need more Financial Advisors to educate Filipinos on the importance of preparing for unexpected life’s events and offer them solutions that let them have Money For Life,” explained Bernardo.

Choose to #LiveBrighter now. Register to the next #LiveBrighter Forum by visiting bit.ly/LiveBrighter.

About Sun Life Financial
Sun Life of Canada (Philippines), Inc. is a member of the Sun Life Financial group of companies, a leading international financial services organization providing a diverse range of protection and wealth products and services to individuals and corporate customers. Sun Life Financial and its partners have operations in key markets worldwide, including Canada, the United States, the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of March 31, 2016, the Sun Life Financial group of companies had total assets under management of $861 billion.

Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippines (PSE) stock exchanges under the ticker symbol SLF.


*This is Press Release

MAPFRE Insular Offers Insurance for Agency Hired OFWs

MAPFRE Insular provides comprehensive coverage to overseas Filipino workers as required under the Compulsory Insurance for Agency Hired Migrant Workers as
approved under Section 23 of R.A. 10022 and creates online community that serves as a unifying communication platform with OFWs all over the world.

Compulsory Insurance for Migrant Workers
Section 23 of R.A. 10022 mandates recruitment and manning agencies to provide OFWs with compulsory insurance at no cost to the worker. The Compulsory Insurance for Agency Hired Migrant Worker aims to ensure that OFWs get the right protection they deserve. It also
promotes and supports the workers’ fundamental rights and welfare.

MAPFRE Insular’s Compulsory Insurance Coverage for Agency-Hired Migrant Workers is a comprehensive insurance package that is set to address the needs of Filipino Migrant Workers.

The very nature of accidents is that they are unexpected, but with MAPFRE Insular’s insurance
package, OFWs are protected from heavy financial burden in the event of an emergency.

The comprehensive package provides OFWs with assistance for Repatriation in case of termination of employment or death; Subsistence Allowance for OFWs involved in a case or litigation; Legitimate Money Claims Insurance or money claims arising from employer’s liability;
Compassionate Visit in case of OFWs hospital confinement, Medical Evacuation Insurance in case of inadequate medical facility in the area of work; and Medical Repatriation Insurance in case an OFW needs to be transported back to his country of origin as deemed necessary by medical workers.
“Our service considers financial security of our modern heroes and their family as our top priority, which is why we made sure that our insurance coverage for our OFWs will be truly beneficial,” says Tirso Abad, president and CEO of MAPFRE Insular Philippines.
Kabayan Abroad Online Community Kabayan Abroad is an online community that aims to bring together Filipino workers all around the world. Kabayanabroad.com, MAPFRE Insular’s online community for OFWs, is a venue for
OFWs to communicate with each other and obtain useful and inspirational tools for their day-today lives abroad. OFWs in the site may also share their views and own experiences to help other OFWs who are visiting the site.

For inquiries or more information about the OFW insurance and other MAPFRE Insular services, check out www.mapfre.com.ph or call their Teleservice hotline (02) 876-4400 or email them at teleservice@mapfreinsular.com.