Insurance touches all our lives in a multitude of ways. It is an essential element in our present day life, securing our standards of living and the stability of our families, as well as our property rights. Everyone in this country (Philippines) feels the protecting arm in some form of insurance and most of us are affected by the many forms of its protection.
(Picture) List of Insurance Companies in the Philippines
That's how insurance companies place a vital role in our lives. It is therefore critical to have a wise decision in choosing what insurance companies that suit your needs. Here's a list of insurance companies in the Philippines that you can choose. The Insurance Commission in the Philippines certified their licenses for Year 2010 to 2011.
INSURANCE COMPANIES IN THE PHILIPPINES
COMPOSITE (Life and Non-Life Insurance Companies)
AsianLife and General Assurance Corporation 2010/26-R (Formerly: ATR Professional Life Assurance Corporation - name changed effective 31 March 2003)
CLIMBS Life & General Insurance Cooperative 2010/1-R
Paramount Life & General Insurance Corporation 2010/50-R
Philippine American Life and General Insurance Company 2010/54-R
LIFE INSURANCE COMPANIES
AsianLife Financial Assurance Corporation 2010/25-R (Formerly: All Asia Life Assurance Corporation -name changed effective 31 March 2003)
Banclife Insurance Company, Inc. 2010/120-R
Beneficial Life Insurance Company, Inc. 2010/117-R
BF Life Insurance Corporation 2010/38-R
BPI-Philam Life Assurance Corporation 2010/56-R (Formerly:Ayala Life Assurance, Inc.)
CAP Life Insurance Corporation 2010/73-R
Caritas Life Insurance Corporation 2010/116-R
Cooperative Insurance System of the Philippines 2010/61-R
Country Bankers Life Insurance Corporation 2010/12-R
First Life Financial Company, Inc. 2010/84-R (Formerly: First Guarantee Life Assurance Co.-as of 2007 )
Fortune Life Insurance Company, Inc. 2010/10-R
Generali Pilipinas Life Assurance Company, Inc. 2010/88-R
Great Life Financial Assurance Corporation 2010/75-R (Formerly: Nippon Life Insurance Company of the Philippines as of 2007)
Grepalife Financial, Inc. 2010/30-R (Formerly: Great Pacific Life Assurance Corp)
Insular Life Assurance Company, Ltd., The 2010/66-R
Manila Bankers Life Insurance Corporation 2010/34-R
Manufacturers Life Insurance Company (Phils.), Inc., The 2010/77-R
Manufacturers Life Insurance Company (Branch), The 2010/78-R
Manulife Chinabank Life Assurance Corporation 2010/79-R (Formerly: The Pramerica Life Insurance Co., Inc.)
Philam Equitable Life Assurance Company, Inc. 2010/55-R
Philippine AXA Life Insurance Corporation 2010/52-R
Philippine Prudential Life Insurance Company, Inc. 2010/76-R
Philippines International Life Insurance Company, Inc. 2010/24-R
Pioneer Life Inc. 2010/46-R
PNB Life Insurance, Inc. 2010/60-R
Pru Life Insurance Corporation of U.K. 2010/47-R
Sony Life Insurance (Phils.) Corporation 2010/85-R
Sun Life of Canada (Philippines), Inc. 2010/70-R
United Coconut Planters Life Assurance Corporation 2010/108-R
United Life Assurance Corporation 2010/33-R
NON-LIFE INSURANCE COMPANIES
AFP General Insurance Corporation 2010/32-R
Alliedbankers Insurance Corporation 2010/92-R
Alpha Insurance and Surety Company, Inc. 2010/5-R
Asia Insurance (Philippines) Corporation (a) 2010/29-R (Formerly: Asia Traders Insurance Corporation - name change effec. 23 June 2004)
Asia United Insurance, Inc. 2010/81-R
BF General Insurance Company, Inc. 2010/104-R
BPI/MS Insurance Corporation 2010/86-R
Bankers Assurance Corporation 2010/3-R (Formerly:Malayan Zurich Insurance Company, Inc. - name changed effec. 13 October 2006.)
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Hi, Travellers Insurance and Surety Corporation is the company that supposedly handles our bond for our NRLC labor case.May I know if this insurance company is legitimate and legal to transact business with NLRC?...You response will be highly appreciated..Thank you.