Insular Life (InLife) announced that it is making changes to its underwriting guidelines to ease and expedite the insurance application process and make
Insular Life announced that it is making changes to its underwriting guidelines to ease and expedite the insurance application process and make life insurance more accessible to Filipinos.
These new guidelines aim to remove barriers, particularly for traditionally underserved groups, making financial protection available to a broader segment of the Filipino population. InLife’s updated underwriting rules expand the scope of approval and coverage, particularly benefiting applicants with specific medical conditions, overseas Filipino workers , military and police personnel, and residents of certain regions in Mindanao.
“Our enhanced underwriting guidelines are a testament to InLife’s resolve to ensure Filipinos have better chances at securing their finances throughout their lives,” said InLife First Vice President and Insurance Operations Division Head Diana A. Tagra. “We recognize that insurance should be accessible to everyone, regardless of health conditions or profession.
These updates, effective immediately, mark a significant shift in how InLife assesses risks, balancing a competitive stance with a customer-first approach. InLife’s new underwriting rules underscore its dedication to continuously evolving and adapting to the needs of a changing market. With these liberalized guidelines, InLife proves its commitment to ensuring more Filipinos can gain the peace of mind that comes with adequate life insurance coverage, leading to A Lifetime For Good.
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