5 Insurance companies to consider in buying life insurance in the philippines

Out of all the choices you have for life insurance companies in the Philippines nowadays, how can you make a choice on which company to invest with?

We are here to help you by listing down our top picks for the five insurance companies in the Philippines. Of course, you can invest with any company you choose, even the ones outside of this list. Just make sure that the company is affiliated with the Philippine Insurance Commission, to make sure that the company is legitimately accredited to sell life insurance.

5 insurance companies to consider in buying life insurance in the Philippines

AXA Philippines

AXA is one of the fastest-growing insurance companies in the country, it has many policies with many riders you can choose from to customize your policy. It is a major player in the insurance industry that has been ranked in the top 10 list of insurance companies consistently for the past years. The products AXA would offer would range from educational plans, home protection plans, health plans, and also investments.

BPI PhilAm

This is one of the most consistently top-ranked bancassurance companies in the country. It was founded in 1033, making it well established, with many satisfied clients. Their product range would include savings, investment, retirement and educational funds, income protection, accident, and personal insurance and a lot more. 

Manila Bankers Life Insurance Corporation

Manila Bankers Life, or MBLIFE for short is one of the insurance companies that would offer insurance for businesses. They would have a wide range of products that can target many types of customers. They aim to make sure that they have products available for any need.

Sun Life of Canada

Sun Life has constantly been ranked as the top insurance provider in the country. Many clients would trust Sun Life because it is one of the companies that make the most money out of client premiums for many consecutive years. They would also have a variety of life insurance policies to choose from depending on your needs.

Pru Life Insurance Corporation of the UK

Pru Life’s main office would be based in London, UK and the company was founded in 1848, making it one of the oldest in the insurance industry in the Philippines. They would also offer a wide range of insurance products that would include asset management, retail management, and other financial services.

These insurance companies would strive to provide quality life insurance packages and riders that would cater to all the needs of the clients. If it is your first time to invest in life insurance, it would be wise to make sure that you know all your needs before going to consult a financial adviser.

It would be wise to make a list of your needs, and the needs of your family so that you can be sure that you can get the right policy with the right riders in place to meet all the needs that you have. Remember to only talk to licensed and accredited financial advisers that are connected to life insurance companies to avoid any fraudulent activities by people only pretending to be financial advisers.