January 5, 2024
Manila, Philippines — Manulife Philippines, the local arm of leading global financial services provider Manulife, recently partnered with Forticare Health Systems International, Inc., one of the country’s leading health maintenance organizations (HMO), to become its sole provider of group life insurance bundled with Forticare’s existing HMO products.
Through this collaboration, Forticare customers can get additional benefits to their current healthcare plans, including basic life insurance coverage, total and permanent disability, critical illness rider, hospital income, terminal illness, and family assistance.
“At Manulife, we aim to enhance every Filipino’s awareness of the importance of health protection and financial security so they can live every day better. Our partnership with Forticare not only empowers more Filipinos to proactively monitor and manage their health and well-being better so they can enjoy life to the fullest, but also strengthens their resources so they are not financially burdened in case of illness or health emergencies,” said Rahul Hora, President and CEO, Manulife Philippines.
“We are glad to partner with Manulife, whose mission is aligned with our commitment to provide excellent healthcare services to more Filipinos and their loved ones so they can live without worry or fear because they have strong health protection. As our journey keeps on, we are confident that we can generate greater awareness of the value of staying protected so more Filipinos can be prepared for the unexpected,” said Patrick Joseph Nadal, President, Forticare.
Present at the contract signing were: Rahul Hora, President and CEO, Manulife Philippines; Neil Bowyer, Chief Partnership Distribution Officer, Manulife Philippines; Sailesh Nalinakshan, Chief Agency Officer, Manulife Philippines; Patrick Joseph Nadal, President, Forticare; Roberto Lopez, Vice President for Sales and Marketing, Forticare; and Jason Pablo, Medical Providers Officer.
To learn more about Manulife's life and health insurance products, visit manulife.com.ph.
About Manulife Philippines
The Manufacturers Life Insurance Company opened its doors for business in the Philippines in 1907. Since then, Manulife’s Philippine Branch and later The Manufacturers Life Insurance Co. (Phils.), Inc. (Manulife Philippines) has grown to become one of the country’s leading life insurance companies. Manulife Philippines is a wholly-owned domestic subsidiary of Manulife Financial Corporation, among the world’s largest life insurance companies by market capitalization. Learn more about Manulife Philippines by visiting their website manulife.com.ph and following them on Facebook (facebook.com/ManulifePH), Twitter (@ManulifePH), and Instagram (@manulifeph).
About Manulife
Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we provide financial advice and insurance, operating as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States. Through Manulife Investment Management, the global brand for our Global Wealth and Asset Management segment, we serve individuals, institutions, and retirement plan members worldwide. At the end of 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers. We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.
Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com.
Media Contacts:
John Robert Sion
Manulife Philippines
Dessa Virtusio
Virtusio PR International, Inc.
(+632) 631-9479