Global financial services provider Manulife has been tapped by Bacolod-based consumer goods distributor Number 1 Supplier, Inc. (N1S) to provide life insurance coverage to its employees.
Through the partnership, all eligible N1S employees will be covered by Manulife FutureBoost, a flexible insurance and investment bundle that allows customers to increase their coverage anytime and enhance their protection at every stage of their life, Manulife announced at a press conference in Bacolod City on Tuesday, August 1.
“Manulife offers innovative life insurance plans such as FutureBoost that are designed to provide customers long-term protection coverage from unforeseen accidents or health concerns, while also building their long-term funds through the potential investment earnings,” Rahul Hora, Manulife Philippines president and chief executive officer, said.
“We at Manulife will continue to create flexible and relevant solutions that will make insurance more accessible to individuals and businesses depending on their priorities and budget”, he said.
“Manulife FutureBoost is ideal for employers like us because it is a comprehensive life insurance plan with no premium charges, giving employees access to expertly managed global and local investment funds and potential income from bonuses,” Manuel Parroco, N1S president and CEO, said.
“As securing their families’ future remains a key priority among our employees, we want to address their primary concerns, enhance employee engagement, and strengthen our relationships while ensuring continuous business growth”, he said.*