Comprehensive Group Plan

A plan that provides for a Group Term coverage and allows for a side fund build-up. It is a complete employee benefit which covers insurance and BIR qualified retirement fund management needs.

RA 7641

The Republic Act (R.A.) 7641 is an act amending article 287 of Presidential Decree No. 442 which states that private companies with 10 or more employees should provide for a retirement benefit to employees who reach age 60 and have served the company for at least 5 years. The benefit that should be paid out is at least one half-month salary per year of service.

Trusted Group Package

Under this scheme, Insular Investment & Trust Corporation, Insular Life's investment bank subsidiary, shall manage the investment for the retirement plan and shall serve as trustee. Insular Life shall administer the group insurance coverage.

These products are custom- made to fit the needs of each company or business. To enable us to package the product suitable to your requirements, we shall need some information about your company. At no obligation on your part, please send us the following information: employee census that includes.

Employee Census

• Name / Code of Employees
• Date of Birth
• Date Hired
• Position / Designation
• Present Salary
• Gender
• Civil Status

Company Profile

• Nature of Business
• Contact Person & Position
• Company Address
• Tel.Nos. / Fax Nos.
• Email Address

Please send this to:

Worksite Marketing Division, Insular Life Building
6781 Ayala Avenue, Makati City
or send it via fax: (632) 817-3621
or email at: CVL@mx.insular.com.ph, MVCP@mx.insular.com.ph guerglg@express.insular.com.ph

Should you need more information about our plans, please call us at (632) 878-1818 local 5501 up to 5505.

Please give us a quote