This is the painful reality when you’re a freelancer and self-employed, because you don’t have an employer who will take care of your Insurance when you work at home. Insurance is a necessity and we need to invest and buy insurance products to avoid risks in the future.Â
Because there are a lot of insurance products with different coverage and premium rates, you might wonder which best fits you. Here is the list of six best insurance companies in the country that are proven to provide you with the best insurance products that will meet your insurance needs.
1.) Sun Life of Canada (Philippines)
Sun Life of Canada(Philippines) was founded in 1895, they are great in terms of their vast range of financial products such as insurance, wealth and asset management. Sun life will take care of you and grow your hard-earned money in freelancing, as they have a proven record to sustain your financial goals in the future. They outranked 29 other listed life insurance companies in the country.
2.) Philippine AXA Life Insurance, Corp.
Philippine AXA Life Insurance was founded in 1962, it is one of the major life insurance in the industry. Their products focus on education, health, income, investments and so forth. The company is located in Makati City, AXA Life Insurance has been a steady player in the Insurance industry. They remain top 10 lists in the insurance commission for over the past few years earning and they will help you to achieve your financial goals.
3.) Pru Life Insurance Corp. of U.K.
Pru Life Insurance Corp. of the U.K was founded in 1848, headquarters is located across the world, their main office is in London UK. They offer a range of financial products, health and protection services, and asset management services in Asia. As of the moment, Pru Life insurance has a strong presence in the Philippines.
Aside from providing good services and providing the most affordable premiums in the insurance market, they ranked #3 in NBAPE (valued at P5.8 billion in 2018)Â they will help you to save and invest your money to grow.
4.) Philippine American Life and General Insurance Company, Inc.
Philam Life was founded in 1947, focusing on the investment products and life insurance which includes protection, health, savings, and investment plans. Their main office is located in Taguig. Philam Life has the highest net worth at P78.9 billion and the most assets at P246.8 billion out of the among registered life insurance companies in the Philippines.
5.) BPI-Philam Life Assurance
BPI-Philam Life was established in 1933, the BPI- Philam Life is a strategic alliance between two bigger companies in the Philippines- The Philam life and Bank of the Philippine Islands (BPI). They offer vast financial products which are savings, investment, educational funds, income protection and much more that will help you to grow and protect your hard-earned money.
6.) BDO Life Insurance
Originally called Generali Pilipinas Holding Co. Inc., the BDO Unibank Inc. acquired the company last 2016, operating as a subsidiary of BDO Unibank, Inc. They focus on financial and investment services that range from insurance, health and other financial services. BDO life insurance is run by the biggest banks in the Philippines, they’ve just grown throughout the past years and will help you towards your financial goals.
In choosing for a life insurance product, choose wisely. Identify first your need and evaluate which of the suggested insurance providers meet your insurance needs.
We desire all the best in your digital career. Happy freelancing!