Manila, Philippines ― Leading global financial services provider Manulife has partnered with , an online insurance marketplace that serves thousands of customers, to make insurance accessible to more Filipinos through its HealthFlex, FutureBoost and Horizons plans, helping them financially secure their future.
In a recent Manulife study, “,” 41% of Filipino Gen Zs surveyed intend to buy life insurance online in the next 12 months. In addition, 33% of Filipino millennials and 25% of Gen Xs actually bought insurance in the last 12 months, among those surveyed. Manulife aims to address Filipinos’ increased appetite for digitally enabled insurance and investments by making protection more accessible online.
“As the first global life insurance brand on Kwik.insure, and the only insurer to offer variable-linked insurance products that rewards you with bonuses like FutureBoost on the platform to secure every stage of your life, we are focused on making our products more digitally accessible to meet their evolving priorities and expectations,” said Neil Bowyer, Chief Partnership Distribution Officer, Manulife Philippines. “This is just one more way we’re delivering on our mission to make decisions easier and lives better through digital, customer-centric experiences for Filipinos across the country.
Hamilton Angluben, Chief Executive Officer, Kwik.insure, added: “By working with Manulife, one of the leading and most trusted insurance brands in the country, we look forward to leveraging our most valuable technologies so Filipinos can get access to best-in-class and relevant insurance solutions that can help them better prepare for the future. This, in turn, can help us achieve our goal of bridging the insurance gap in the country, and make getting insured easy and reliable for all Filipinos.”
Manulife’s products that will be available on Kwik.insure offer customers access to customizable insurance plans that give them life and health protection coverage based on their needs, priorities, and budget, and enjoy various add-on benefits like investments.
FutureBoost, HealthFlex, and Horizons are now available on Kwik.insure’s online marketplace. Interested customers may inquire via Kwik.insure live chat or set an appointment with a Kwik.insure financial advisor. Enrolled customers may sign up and transact via Manulife Online so they can manage their policies digitally. Premium payments can also be completed via credit card or e-wallets.
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 leading life insurance companies in the country. 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 and follow them on Facebook (), Twitter (@ManulifePH), and Instagram (@manulifeph).
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 2021, we had more than 38,000 employees, over 119,000 agents, and thousands of distribution partners, serving over 33 million customers. We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.