Philippine Prudential Life Insurance Company, Inc. (PPLIC) Is all arranged to celebrate at the Wack-Wack Golf and Country Club on its 48th Anniversary this February 18, 2011. PPLIC was founded by philanthropist and businessman by Don Daniel L. Mercado Sr., on February 18, 1963, to be able to assist the increasing life insurance necessities in the Philippines. 48 yrs. later, PPLIC stays totally focused on this mission, growing to be a business leader in growth and innovation, in addition to ongoing to be a reliable partner to its more than 1.5 million plan holders and their loved ones.
Strong Economic Standing
The Philippine Prudential Life Insurance Company now has already been under the helm of Mr. Gregorio D. Mercado, who is the latest Vice President in Philippine Life Insurance Association (PLIA) and also the Philippine Life Insurance Association (PLIA). Below Mr. Mercado’s authority. PPLIC has viewed an outstanding growth progress with an unparalleled 192% increase in Gross Premiums during the last 5 years.
Regardless of the current global finacial situation and local industries challenges, PPLIC remains to benefit from strong economic position.
For the 1st three quarters, last 2010 the Company announced Legal Policy Reserves for future claims of Php 281 Million and Total Investments of more than Php 341 Million, Total Equity of over Php 91 Million, 51 Billion Business-In-Force, Paid up Claims of 71.8 Million, Total Premium Earnings of over Php 680 Million.
Being the industry leader in innovation and growth, PPLIc has definitely numerous reasons.Along with these these is its variation of obtaining the first and only life insurance firm up to now, and one of only 30 biggest brands in the Philippines, to have been honored the exclusive Superbrands status, for the 2009-2010 and 2011-2012 intervals. Being the major global independent arbiter of branding, only acknowledges well-known, persuative valuable brands who have attained solid achievements on their brand-building pursuits. PPLIC is actually endorsed ashaving reached a very high benchmarks of excellence while continious the savor trust of Filipino to the excellent qualities of their products and services.
The outcome of the collaboration between ICICI bank which is a leading financial service providing company of India and Prudential plc which happens to be one of the foremost international financial services group based in the United Kingdom.
Prudential prides itself on helping people meet their financial goals, so much so, that they use the Rock of Gibraltar in their company literature. The rock symbolizes strength and security. Prudential has been in the business of providing financial services to clients for over 130 years.
Usually, a life insurance policy will be intended for your beneficiary to receive payments after you are gone for replacing your income or maybe for helping pay off your funeral expenses and any other debts. But in certain situations that beneficiary will have to be the policy holder instead. No matter the reason behind your decision to cash in your insurance, there may be several things you will
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