Different insurance companies in the Philippines

As you experience more of this world, you’ll learn that it is always better to be prepared.

Especially now that there is an ongoing pandemic and we are currently being struck by natural disasters left and right, it is necessary that we are ready for whatever life gives us.

Mahirap na ngayon ang mamuhay ng walang kasiguraduhang may sasalo sayo kapag ikaw o ang pamilya mo ay naapektuhan ng mga pangyayaring di kanais-nais.

As a mom, I’m constantly worried about my family. Syempre hindi ko naman sila palaging mababantayan diba?

At dahil tao lang ako, there is only so much that I can do to protect them from the harshness of this world.

This is why I really do everything that I can to make sure that my loved ones and I are covered.

And for me, that means having a comprehensive insurance plan.

With insurance, nakakahinga ako ng mabuti knowing that we have a safety net to fall on if ever we face struggles.


Now, I’m writing this because I  know it can be difficult or intimidating to talk about insurance.

Pansin ko nga na sa kultura nating mga Pinoy, hindi masyadong napag-uusapan ang insurance dahil focused tayo sa buhay natin ngayon.

Pero I’m here to tell you that it’s necessary to think long term! Don’t worry, nandito ako to guide you.

Wala kang dapat ikatakot sa pagkilala sa iba’t ibang paaran kung paano ka magigign insured.

The first step is to look into the different insurance companies that you can go to here in the Philippines! 


According to Grit PH, here are the top 5 insurance companies that have proven through their years of operations that they are indeed reliable and trustworthy.

It’s important that you are aware of at least the top companies para makapili ka ng tamang provider! 


  1. Sun Life of Canada (Philippines)

Sun Life tops this list because of how well they take care of their clients’ hard earned money. They constantly rank first in the list of insurance companies when it comes to revenue, which means they are able to sustain the insurance products they offer. These include estate preservation, education, health protection, retirement, income continuation, among others. 


  1. Pru Life Insurance Corp. of UK

With a revenue second to Sun Life, Pru Life also comes second on this list. They are also recommendable because of their affordable packages when it comes to their insurance products. Their minimum investment is only P750 per month, which makes it accessible to a lot of Filipinos. Kaya naman patunay eto na hindi mo kailangan ng sobrang laking pera upang makasigurong insured ka. 


  1. Philippine AXA Life Insurance, Corp.

Ang AXA naman ay isang homegrown insurance company unlike the first two that are based in Canada and the UK respectively. AXA has been around since 1962 and it has consistently been recognized as a reliable insurance provider because they have always ranked in the top 5 in terms of revenues, assets, and networth. 


  1. Philippine American Life and General Insurance Company, Inc. (PhilAm Life)

Perhaps this is the most familiar of all of these because it is usually the one used by employers when giving out insurance packages as part of their employee-benefits. Philam has proven itself to be a top insurance company because they continue to be the one that has the highest networth among this list. 


  1. BPI-Philam Life Assurance Corporation 

Previously known as Ayala Life Assurance Incorporated, this subsidiary of Philam has stood on its own since 1933. Its longstanding performance as an insurance company is testament to how Filipinos have trusted its services and products for decades now. 


Of course this list is here to guide you on where you can start your journey to being insured in life.

Choosing a company to go with is not easy and you will need to do more research on your options.

But I hope na nakatulong ang listahang ito because I really want to encourage you to prioritize your future as well.

Living in the moment is good, but please remember that it is always better to be safe than sorry.

Actually, having insurance might even allow you to enjoy life more! Once you’re insured, you may actually find yourself being more adventurous or taking bigger risks.

Honestly, as long as you’re not doing anything dangerous, this is one of the beauties of getting insurance. You are able to live life to the fullest because you know you one of these insurance companies have your back! 


Source: https://grit.ph/life-insurance/#Top_10_Life_Insurance_Companies_in_the_Philippines