The ongoing pandemic has not only disrupted routines and derailed plans, but also heightened our fears about life’s uncertainties. It made us rethink our priorities, putting health and financial preparedness first before everything else. Almost always, unexpected health-related expenses...
The Insurance Commission (IC) lauded the state-owned Philippine Crop Insurance Corp. (PCIC) and CARD Pioneer Microinsurance, Inc. (CPMI) for an agreement on agriculture insurance. In a statement, Insurance Commissioner Dennis B. Funa said the co-insurance agreement between PCIC and CPMI would help...
The Senate unanimously approved on third and final reading the bill seeking to amend certain sections of the Philippine Deposit Insurance Corp. (PDIC) Charter, and make it an attached agency of the Bangko Sentral ng Pilipinas (BSP). Voting 23-0-0, the Senate passed during its hybrid plenary session...
The Government Service Insurance (GSIS) on Monday, Jan. 31, said it will release a total of P100 million to 10,000 kins of members to augment their college expenses for the academic year 2021-2022. GSIS said each student will receive P10,000 from GSIS. "The P10,000 educational subsidy will bring a...
As the number of COVID-19 cases in the country increased, insurance claim payouts due to the pandemic hit P8.2 billion in the first nine months of last year, a survey conducted by the Insurance Commission revealed. In a statement, Insurance Commissioner Dennis B. Funa said on Monday, Jan. 31 that...
The Insurance Commission (IC) has placed pre-need firm Himlayang Pilipino Plans, Inc. (HPPI) under conservatorship due to poor financial management. In a statement, Insurance Commissioner Dennis B. Funa said on Monday, Jan. 24, that HPPI was placed under conservatorship following its “continuing...
Making insurance more relevant, accessible to Filipinos As Filipinos become more concerned about their health and well-being, the country’s life insurance industry has seen unprecedented growth due to the global pandemic. The ongoing health crisis has certainly brought life insurance to the top...
Presidential aspirant Vice President Leni Robredo wants to empower micro, small, and medium enterprises (MSMEs) to address the country’s high unemployment rate and job losses amid the pandemic. Vice President Leni Robredo speaks to her supporters from Laguna during a virtual greet and meet event...
The Government Service Insurance System (GSIS) is now granting an emergency loan to members and pensioners in six regions in the country affected by Typhoon "Odette." (JUAN CARLO DE VELA / MANILA BULLETIN) "I know our members and retirers need financial assistance, so we immediately opened an...
State-owned Government Service Insurance System (GSIS) is granting emergency loan to members and pensioners in six regions in the country that bore the brunt of Typhoon Odette. In a statement, Rolando Ledesma Macasaet, GSIS president and general manager said Friday, Jan. 14, that active members...
Because life insurance is for everyone To quote American educator Mary McLeod Bethune, “We have a powerful potential in our youth, and we must have the courage to change old ideas and practices so that we may direct their power toward good ends.” Indeed, we turn to the youth to be inspired, to...
The Government Service Insurance System (GSIS) announced that it will limit its onsite operations following the imposition of the Alert Level 3 in the National Capital Region (NCR). GSIS In an advisory, GSIS said its Head Office in Pasay City and its branch offices in Mindanao Avenue, Quezon City,...
