Philam Life supports Financial Advisors through GENESIS Philam Life
You will learn that insurance is necessary and a lifesaver when you are unprepared for medical emergencies. I never thought about having an insurance when I was younger, as I have worked in a hospital institution, it was the least of my considerations before. But as I get older, I worry more about my family, their state of health, and contemplating of getting them an insurance while its not yet too late.
Not having an insurance leaves you and your family vulnerable. Many people have lost everything by not being properly prepared for emergencies.
The next big question is where and how financial advisors can guide clients through the array of life insurance options available to them.
Philam Life is acknowledged as one of the enduring pillars of the Philippine life insurance industry. For nearly seven decades, Philam Life has earned the trust of customers for its financial strength, strong brand name, and its ability to deliver on its promises.
Philam Life CEO Mr. Aibee Cantos graced the event on October 20 at Green Sun Makati and embarks on a transformational recruitment and explained to the media how financial literacy helps an individual achieve one's goal in life. He explained how GENESIS by Philam Life, a modern facility for financial advisors offer an end-to-end training and development program that fast-tracks the journey of Philam Life financial advisors to becoming premier agency leaders and elite members of the global Million Dollar Round Table club.
An after party and awarding of financial advisors followed right after the presscon.
According to Philam Life CEO Mr. Aibee Cantos and the balance is not just about time, but also having a meaningful balance between achieving one’s ambition and at the same time making a positive difference to other people’s lives.
“We are able to accomplish all these because we have the capacity and resources to make our plans a reality. This superior financial strength has allowed us to make significant investments into expanding our distribution channels, growing our roster of financial advisors, and setting new industry standards and will make it possible for us to continue to create more positive changes in the years to come,’’ said Cantos.
Philam Life takes on a different approach to recruitment by doubly ensuring its new advisors will be provided with the right tools via targeted development programs.
Mr. Cantos added that their financial advisors get the support they need to be highly productive, collaborative, dynamic and tech savvy, to have a good understanding of the needs of their clients in a fun and nurturing environment.
Philam Life has PHP236.4 billion in total assets as of 31 December 2015 and has delivered timely payouts of over PHP10 billion in education benefits (2004-2015) and over PHP131 billion in insurance benefits (1950-2015), while serving close to 600,000 individual policyholders and over 2 million insured group members.
Recently, it launched its one-stop-shop office called SPARK that offers fully digital personalized services to give the best customer service experience to customers of Philam Life, BPI-Philam and PAMI. Its online Customer Portal called ePlan is also now up to provide customers a facility to access policy details and make transactions anytime, anywhere.
In terms of product innovation, Philam Vitality is the first of its kind in the Philippines and the only full-scale wellness program that is all about getting healthy and being rewarded for making healthy choices. The company has also launched Future Scholar, the first in the market hybrid education plan that gives guaranteed benefits at the same time offers long-term growth potential to help parents maximize their savings for their children’s college education.
Philam Life’s financial advisors and agency leaders also work from the comforts of their own interactive mobile office called IMO - an app which they can use to plan their business, recruit, monitor and manage sales activity. Another innovation, IPoS, is the interactive point of sale system, first iPad-based paperless application that aids financial advisors do financial needs analysis, present product options, receive applications and pay in one sitting.