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Economic recovery to boost demand for insurance coverage

HEALTH PROTECTION. The need for health protection increased during the pandemic. Officials of a bancassurance tie-up continue to see robust growth for insurance coverage as the economy recovers. (PNA file photo) MANILA - The importance of protecting one's health and having health insurance coverage got a big boost during the pandemic, hence, the outlook for the continued robust growth of the bancassurance business of a local firm. Citing results of surveys conducted by the company and its partners, Sunlife Philippines and Rizal Commercial Banking Corp. (RCBC), Sun Life Grepa Financial, Inc. president Richard S. Lim, said Friday the need for health protection has significantly increased in recent years. "And because of that, we are also seeing that our health and insurance coverage has grown. In fact, even in the last two years, we're growing our new policies by about 20-30 percent," Lim said during the commemorative signing event for the extension of the bancassurance ....

San Carlos , Negros Occidental , Eugene Acevedo , Sun Life Grepa Financial Inc , Rizal Commercial Banking Corp , Sunlife Philippines , Rizal Commercial Banking , Sun Life Grepa Financial , Sun Life Grepa , Health Protection The Need For Increased During Pandemic Officials Ofa Bancassurance Tie Up Continue To See Robust Growth Insurance Coverage As Economy Recovers Pna File Photo Manila Importance Of Protecting One 39s And Having Gota Big Boost , He Outlook For The Continued Robust Growth Of Bancassurance Business Ofa Local Firm Citing Results Surveys Conducted By Company And Its Partners , Unlife Philippines And Rizal Commercial Banking Corp Rcbc , Sun Life Grepa Financial , Nc President Richards Lim , Aid Friday The Need For Health Protection Has Significantly Increased In Recent Years Quot And Because Of That , E Are Also Seeing That Our Health And Insurance Coverage Has Grown In Fact , Ven In The Last Two Years , E 39 Re Growing Our New Policies By About 20 30 Percent , Uot Lim Said During The Commemorative Signing Event For Extension Of Bancassurance Tie Up Between Sun Life Grepa And Rcbc , Hich Began In 2011 He Said People Have Greatly Realized The Importance Of Having Insurance Coverage , He 100 Percent Expansion Of Their Group Business To Date , Ith The Help Of New Products Catering To Micro , Mall And Medium Enterprises Msmes These Products , Him Added , Llow Msme Owners To Provide Appropriate Coverage For Their Employees He Said Having Insurance Is An Important Factor In Contingencies During Emergencies The Same Event , Cbc President And Chief Executive Officer Eugene Acevedo Said The Continued Recovery Of Economy Is Expected To Boost Demand For Insurance Products Quot We Think Continue Seea Double Digit Growth In Investment This Country As Grows At 6 7 Percent ,