Negros Women for Tomorrow Foundation selects Insular Health Care for outpatient services
Signing the agreement were (seated from left:) Insular Life Executive Chairman Nina D. Aguas, NWTF Director Suzette Gaston and Insular Health Care President Maria Noemi G. Azura. Seated with them are: Insular Life Territory 3 Vice President and Head Arnaldo I. Aquino (extreme left) and Insular Health Care Head of Sales Tricci Rose A. Sadian (extreme right). Witnessing the signing of the agreement (standing from left are): Insular Health Care GSM Patrick L. Serios, Dungganon Bank Inc. President Corazon A. Henares, NWTF Trustees Myrna L. Desabelle, Elmira P. Maglasang, Anne Marie G. Jison, Janet S. Jalbuena, Asst. Director For Finance & Acctg. Syril Z. Aplaon, HR Manager Ma. Theresa R. Nuñez, and Asst. Director for Admin & Strategic Projects Raymond Patrick S. Serios
Negros Women for Tomorrow Foundation (NWTF) recently partnered with Insular Health Care, Inc. for outpatient health care coverage of its over 2,500 employees from 121 branches all over the Visayas and Mindanao regions. The out-patient services cover medical consultations, necessary laboratory examinations and diagnostic procedures, and annual physical examination through Insular Health Care’s network of over 1,000 accredited hospitals and clinics nationwide.
These out-patient services are in addition to the life, hospitalization, and retirement coverage of NWTF employees provided by Insular Health Care’s parent company, Insular Life, for 16 years now. Through Insular Life’s Group Hospitalization Plan, employees and their dependents are covered by in-patient hospitalization benefits. The Comprehensive Group Plan, meanwhile, provides both life insurance with total and permanent disability riders, and retirement benefits to permanent employees of the foundation.
NWTF was founded in 1984 as a non-government organization that aims to help women, particularly in Negros Occidental’s low income and depressed urban and rural communities, achieve self-sufficiency and self-reliance through Grameen based micro-financing and developmental services. Projects such as “Dungganon” and “Kasanag” have provided these marginalized women with training and loan facility to start and maintain their own small business ventures.
Insular Health Care, Inc. is a pioneering Health Maintenance Organization with over 26 years of experience and expertise in administering both standard, customized and hybrid managed care programs for individuals and corporate members. It is a wholly owned subsidiary of The Insular Life Assurance Company, Ltd. Insular Life is the first and largest, and most enduring Filipino life insurance company with a service record of over 107 years. To date, Insular Life is recognized as a financial institution providing a wide range of high-value insurance and financial products in the Philippine market. Insular Life’s total consolidated asset as of the end of 2017 is Php 140 Billion.
This partnership affirms a common vision of promoting a secured future and health wellness to the every Filipino by way of customer focused, responsive, quality health and life protection programs.
This also dovetails with Insular Life’s advocacy to help women to become self-reliant and financially independent. In partnership with the International Finance Corporation (IFC) of the World Bank Group, the leading Filipino insurer is creating a program dubbed “Empowering the Filipino Sheroes” to reach out to the entire women segment of the population -- the career women, the professionals, the entrepreneurs, and most especially the women who are looking for financial solutions to expand their businesses or those who seek life protection, but currently have no access to financial instruments and life insurance.
Other News & Press Releases
With a career that spans decades, Megastar Sharon Cuneta has shown that thriving in a highly competitive industry requires more than talent. It also demands self-reinvention and continuous learning.
The Insular Foundation, the corporate social responsibility arm of Insular Life (InLife), recently celebrated its 54th anniversary by treating its scholars to an immersion of Philippine arts and culture at the Ayala Museum. It also spearheaded an art workshop and history lecture in partnership with the Ayala Foundation.
Critical illnesses such as cancer, heart attack and stroke come without a warning, often needing huge amounts for treatment, and derailing one's life. Resilience, InLlife's critical illness plan, can help put one's life back on track.
The Insular Foundation has partnered with the local government of General Tinio, Nueva Ecija and the Philippine Bamboo Foundation (PBF) for a sustainable environment project.
Insular Life (InLife) has improved its sales performance, jumping from 7th place at the end of the first quarter of 2023 to 5th place at the end of the first half of this year in terms of its New Business Annualized Premium Equivalent (NBAPE).
InLife received a Four-Golden Arrow Award during the ASEAN Corporate Governance Scorecard (ACGS) and Corporate Governance Scorecard (CGS) Golden Arrow Recognition Ceremony. The award, given by the Institute of Corporate Directors, is a testament to the Company's good governance. InLife is grateful to its policyholders, agency force, employees and stakeholders for the trust, and promises to uphold integrity, accountability and transparency at all times.