Philippines Top 10 Life insurance

Are you looking to invest in life insurance but do not know where to begin? You reached the right place. This article is meant to help you decide what company to buy your first policy from. We are going to list down the top 10 life insurance companies in the Philippines. 

Top 10 life insurance companies in the Philippines

There would be a number of metrics that can be used to rank companies, we have gathered the companies that have appeared on the top 10 list the most consistently. These are the companies that are the most trusted in the country. They continue to work hard to provide quality life insurance packages to their clients, while also remaining transparent about the status of the company.

1. Sun Life of Canada (Philippines)

Sun Life is an insurance company that would offer great quality insurance policies to its clients, and it has been consistently ranked at the top spot for the past years as the top insurance company in the Philippines.

2. Philippine AXA Life Insurance, Corp.

This insurance company would be a team-up between the Metrobank Group and the AXA Group that is based in France. This is one of the fastest-growing insurance companies in the Philippines. They would offer many different riders to complement the needs of each client. 

3. Pru Life Insurance Corp. of U.K.

Pru Life is one of the oldest insurance companies with its headquarters based in London. They know what they are doing, and they strive to provide great quality services and products to their long-time and new clients.  

4. Philippine American Life and General Insurance Company, Inc.

This company is also called PhilAm Life. It is one of the most well-known and prominent life insurance companies in the country. They teamed up with BPI to produce another insurance company that will be discussed next, but PhilAm life alone is a trusted source for quality insurance products.

5. BPI-Philam Life Assurance Corporation

This is the product of a team-up between the Bank of the Philippine Islands and PhilAm Life. With BPI, one of the leading banks and PhilAm Life, one of the leading insurance companies, this joint venture provides its clients with high-quality insurance products.

6. BDO Life Assce. Co., lnc. (Generali Pilipinas Life)

It was the product of when Banco de Oro acquired Generali Pilipinas Holding Co. in 2016. It is currently a subsidiary of BDO. You can be sure to get quality service from this company because it is run by one of the most stable banks in the Philippines.

7. Manila Bankers Life Insurance Corporation (MBLIFE)

MBLIFE is also one of the oldest and most trusted insurance companies in the country. It has a great selection of insurance products that are sure to help you gain wealth and financial stability over time.

8. FWD Life Insurance Corporation

This is one of the newer insurance companies in the country but has shown immense growth over its short life so far. It was launched in 2014 and has been one of the companies that offer an online app to its clients.

9. United Coconut Planters Life Assurance Corporation

The insurance provider affiliated with UCPB gives coverage for personal life protection, non-life, health, education and other types of insurance.

10. Insular Life Assurance Company, Ltd.

Insular Life would also provide a range of financial and insurance services that helps promote savings, education and retirement, accident, health, disability and other forms of insurance.