Davide: ‘Nothing irregular on private insurance for barangay workers’

Rosalie O. Abatayo 05/28/2019

CEBU CITY, Philippines — Outgoing Governor Hilario Davide III maintains that there is no irregularity in availing of the insurance program from a private provider for barangay workers. In an interview on Tuesday, May 27, Davide said…

PCIC tells fishermen, farmers with insured crops to file for indemnity claims

Futch Anthony Inso 04/23/2019

CEBU CITY, Philippines — Farmers with insured crops and fishermen affected by the El Niño phenomenon can file for indemnity claims with the Philippine Crop Insurance Corp. (PCIC) to cover for their losses. “So kinahanglan nga mag-file…

Sun Life teams up with Raquel Pawnshop to offer affordable insurance

PR 02/11/2019

In its bid to make life insurance more accessible to more Filipinos, Sun Life of Canada (Philippines), Inc. (SLOCPI) has teamed up with Raquel Pawnshop, a financial services institution offering a variety of services such as pawning,…

Sinulog organizers, volunteers covered by insurance

Morexette Marie B. Erram 01/11/2019

CEBU CITY, Philippines—There’s good news for organizers and volunteers of the Sinulog 2019 Festival.  In an interview today, Councilor Dave Tumulak, the overall chairperson of the executive committee of the Sinulog Foundation Inc. (SFI), announced that all…

Angara files bill to ensure tax-free health insurance premiums

Inquirer.net 12/04/2018

MANILA, Philippines — Senator Sonny Angara has filed a bill seeking to ensure tax-free health insurance premiums among employees. Senate Bill No. 2112 seeks to exempt medical insurance premiums from income tax and fringe benefit tax. This…

PDRRMO: ‘Over 9,000 covered under province-funded insurance program’

Intern 07/31/2018

  Over 9,335 farmers and fishermen have benefited the Agri-Fishery Insurance Program of the Cebu Provincial Government. This is based on the May 2018 accomplishment report of the Provincial Disaster Risk Reduction and Management Office (PDRRMO). The…

PAO: Only qualified farmers can avail of P15K insurance

Rosalie O. Abatayo 06/04/2018

Only tungro rice disease-affected farmers included in the list of the Capitol’s insurance program can avail of the P15,000 per hectare insurance claim from the Philippine Crop Insurance Corp. Ronald Saragena, Cebu Provincial Agriculture Office (PAO) chief,…

Only farmers with insurance can receive P15,000 cash aid

Rosalie Abatayo 06/04/2018

The Provincial Agriculture Office is determining how many farmers out of the 59 whose rice fields were totally damaged by tungro virus are insured. Provincial Agriculturist Roldan Saragena said only those farmers whose lands are insured are…

Life insurance firms thrive in Cebu’s vibrant market

Jose Santino S. Bunachita 05/24/2018

CEBU and the rest of the Visayas market have enabled life insurance companies to grow. In particular, Allianz PNB Life has posted a 95.6 percent growth in its premium income from P2.71 billion in 2016 to P5.30…

China to merge banking, insurance regulators in massive overhaul

AFP 03/13/2018

CHINA unveiled plans on Tuesday for the biggest shakeup of government in at least a decade, including the merger of its banking and insurance regulators to better handle financial risks as leaders look to address concerns over…

Localize health insurance, solons urged

Morexette Marie B. Erram 02/01/2018

Cebu City Mayor Tomas Osmeña called on Congress to allow local governments to institute their own health insurance system to prevent private hospitals from profiteering. “The only thing PhilHealth will provide us is how much they’re paying…

Insurance firm banks on Cebu’s fast-growing economy

Jose Santino S. Bunachita 01/22/2018

WITH a low insurance penetration rate in the country, an insurance firm is aiming to bank on Cebu’s continued economic growth to expand their coverage. Global insurance company Allianz PNB Life is set to expand its agency…

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