{"id":10081,"date":"2025-03-04T11:58:35","date_gmt":"2025-03-04T03:58:35","guid":{"rendered":"http:\/\/zestmag.com\/online\/?p=10081"},"modified":"2025-03-04T11:58:53","modified_gmt":"2025-03-04T03:58:53","slug":"manulife-ph-118th-anniversary-focuses-on-health-financial-protection-community-investment","status":"publish","type":"post","link":"http:\/\/zestmag.com\/online\/manulife-ph-118th-anniversary-focuses-on-health-financial-protection-community-investment\/","title":{"rendered":"Manulife PH 118th anniversary focuses on health, financial protection, community investment"},"content":{"rendered":"\n

Manulife Philippines, a wholly-owned subsidiary of Canada-based insurance and financial services provider Manulife Financial Corporation, marks its 118<\/strong>th<\/strong><\/sup> year with a commitment of driving customer satisfaction by adapting and responding to the needs of its clients. In a survey conducted by the global market research firm IPSOS in 2024, the company led other Philippine life insurance companies in terms of customer recommendation, based on the Net promoter Score (NPS). As a trusted financial partner for its customers, it paid PhP12.9-billion claims over the last five years.<\/strong><\/p>\n\n\n\n

According to Manulife Philippines president and chief\nexecutive officer Raul Hora, customers in the Philippines are more proactive in\nplanning their financial security by patronizing products and services that\nenable them and their families to live better lives. \u201cAs we aim to the No.1\nchoice for our customers, we are deeply committed to providing them with better\ninnovative solutions on all fronts.\u201d<\/p>\n\n\n\n

\u201cI am pleased to see the trust and confidence our\ncustomers have given us particularly on the end-2024 NPS results, where we\nranked No.1 in terms of customer recommendation. These results inspire us to\ndelight customers even further and consistently provide them the level of\nservice and customer focus they truly deserve,\u201d Hora added.<\/p>\n\n\n\n

Among Manulife\u2019s goals are to protect more families\nand expand customer base to include household decision makers and young\nFilipinos by offering them Manulife Freedom and Manulife HealthFlex, a\ncomprehensive suite of health and life protection products.<\/p>\n\n\n\n

Manulife Freedom offers guaranteed cash payouts and\nlife protection as it serves as a reliable savings plan to help customers fund\ntheir children\u2019s education, pursue their passions, prepare for a comfortable\nretirement, or leave a legacy to their loved ones.<\/p>\n\n\n\n

Manulife HealthFlex, on the other hand, offers\ncomprehensive protection for over 100 critical illnesses from early diagnosis\nto recovery, with different payment plans tailored to customers\u2019 lifestyle and\nbudget.<\/p>\n\n\n\n

Manulife also introduced content creator and creative\ndirector Erwan Heussaff and daughter Dahlia as the brand\u2019s newest ambassadors,\njoining actress and wife Anne Curtis to promote better protection for Filipino\nfamilies.<\/p>\n\n\n\n

Manulife Philippines also recently introduced renowned content creator and creative director Erwan Heussaff and daughter Dahlia as the brand\u2019s newest ambassadors, joining actress, wife, and mother Anne Curtis to promote better protection\nfor Filipino families.<\/p>\n\n\n\n

Hora shared that they partnered with the Heussaffs to\ninspire more Filipino families to make financial planning a priority. They are\nconstantly looking for ways to boost Filipinos\u2019 level of financial security\nthrough products and services that provide protection against uncertainties,\nempowering customers to live better every day.<\/p>\n\n\n\n

To show the importance of early preparations to secure\ntheir financial futures, Manulife focuses on Millennials and Gen Z customer\nbase, and enhances its product offerings and health and life protection\nsolutions based on customer insights. It also recruits young advisors who can\nprovide financial advice to help address young Filipino customers\u2019 evolving\ninsurance needs. This is in light of a 2024 Manulife Philippines study, which\nfound that Filipinos remain largely unprepared for medical emergencies, with 41%\ndipping into out-of-pocket spending. On average, surveyed<\/p>\n\n\n\n

Filipinos have set aside PhP62,000 for future medical needs. However, those ages 18-29 only have an average of PhP38,000 saved.<\/p>\n\n\n\n

\u201cWhile Gen Z customers are starting to build their financial security, they are also highly conscious of how easily factors beyond their control, like medical emergencies, can deplete their savings. In this view, we encourage young customers to start investing in their health and financial future through protection solutions that suit their unique needs and budgets, helping them face the future with confidence,\u201d Hora said. \u201cThey can count on us at Manulife to continue developing solutions that provide financial and health protection when it truly matters.\u201d<\/p><\/blockquote>\n\n\n\n

Since opening its doors in 1907, Manulife Philippines\nhas expanded its business to provide customers with diverse and innovative\nhealth, wealth, and protection solutions through its comprehensive product\nsuite. In 1999, Manulife Financial Corporation (MFC), was officially listed in\nthe Philippine Stock Exchange. As of end-January 2025, MFC has the largest\nmarket capitalization among companies listed in the PSE with PhP2.95-trillion.<\/p>\n\n\n\n

As part of its legacy, Manulife Philippines has also committed to invest in communities it serves through the Impact Agenda, its global community investment program focused on building a better business to better the world.<\/p>\n\n\n\n

These programs include the Peso Smart, which is Manulife Philippines\u2019 award-winning financial literacy program that supports the initiatives of the Department of Education to expand and improve the financial literacy aspect of the K-12 curriculum. To date, nearly 2,500 Filipino learners have benefited from the program, with its offshoot PesoSmart x RecoveREADS currently being implemented in 10 public schools and three community centers in nine cities nationwide.<\/p>\n\n\n\n

Manulife Philippines also engaged colleagues and\nadvisors through its Forests for Life collaboration with Haribon Foundation\nsince 2022. This program successfully planted over 21,000 native tree seedlings\nacross 17 hectares in the provinces of Quezon, Zambales, and Rizal, and\ncontributed to a much-needed increase in forest cover across Southern Luzon.<\/p>\n\n\n\n

Manulife Philippines also established and operationalized 20 Community Food Farms in Gawad Kalinga villages to benefit community members\nand enable them to grow, harvest, and earn from their own produce.<\/p>\n\n\n\n

Last year, Manulife colleagues from different countries in Asia and North America visited partner communities in the Philippines during the five-day \u2018Impact Agenda Adventure.\u2019 These global colleagues spent time on the ground to understand the communities\u2019 needs and see the real-life impact of Manulife\u2019s programs in collaboration with its NGO partners.<\/p><\/blockquote>\n\n\n\n

\u201cThrough our Impact Agenda, we are deeply committed to making a positive impact on the communities we serve to empower sustained health and well-being, drive inclusive economic opportunities, and accelerate a sustainable future with the help of our colleagues and partners,\u201d Hora added.<\/p>\n\n\n\n

Manulife Philippines continues driving health and longevity through innovative products, high-quality sustainable growth of its business and distribution channels, and meaningful community initiatives, reinforcing its commitment to securing\nbetter futures for Filipinos.<\/p>\n","protected":false},"excerpt":{"rendered":"

Among Manulife\u2019s goals are to protect more families and expand customer base to include household decision makers and young Filipinos by offering them Manulife Freedom and Manulife HealthFlex, a comprehensive suite of health and life protection products.<\/p>\n","protected":false},"author":14,"featured_media":10082,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[1810,2275,2360],"class_list":["post-10081","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-product-showcase","tag-insurance","tag-insurance-industry","tag-manulife-philippines"],"_links":{"self":[{"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/posts\/10081","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/users\/14"}],"replies":[{"embeddable":true,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/comments?post=10081"}],"version-history":[{"count":1,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/posts\/10081\/revisions"}],"predecessor-version":[{"id":10083,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/posts\/10081\/revisions\/10083"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/media\/10082"}],"wp:attachment":[{"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/media?parent=10081"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/categories?post=10081"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/zestmag.com\/online\/wp-json\/wp\/v2\/tags?post=10081"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}