Manila Bankers Through the Years

On May 19, 2019, Manila Bankers Life Insurance Corporation celebrated its 52nd anniversary. That is 52 years of service to the Filipino people.

Since 1967, Manila Bankers Life, or MBLIFE has continued to provide its clients with a range of quality life insurance packages that are meant to protect its clients from financial problems.

But Manila Bankers Life has been around for decades, and it has endured its fair share of controversies throughout the years. Although there has been a misrepresentation issue in the past, MBLIFE has been working hard to prove that it is a company that aims to take care of its clients and provide them with life insurance. It has been striving to prove that it only provides excellent service to people who choose to trust in the company.

A brief history of Manila Bankers Life Insurance Corporation

Let us travel back in time and see how far MBLIFE has come since it started in the 1960s. Amazingly, it was able to make over 57 million pesos in revenue in its first year alone. Then after only 19 years, MBLIFE had grown over 8700 percent and had expanded its expertise into multiple types of real estate projects, making a name for itself.

Since then, Manila Bankers Life has made it its mission to serve the Filipino people. Its motto being “to serve the people is a privilege we must always cherish.” Crediting it to Manila Bankers Life’s founder Senator Gil J. Puyat.

How Manila Bankers Life Insurance Corporation has grown over the years

MBLIFE started during a time when people appreciated the importance of life insurance. This is why they were able to accumulate many clients in their first year of business. 

In the year 2013, there was a controversy that surfaced saying that certain agents of MBLIFE were using deceptive tactics to encourage people to invest in the company’s life insurance.

This is what many of their dissatisfied clients had expressed. Although MBLIFE had no idea of what their agents were doing. The agents acted on their own, not under the instruction of MBLIFE.

In the years following the controversy, MBLIFE has been working hard to prove that they are sincere about serving their clients. They want nothing but to provide good quality life insurance to their clients.

They are not trying to hide or deny what happened, they are doing the opposite. They are stepping up and taking responsibility, and trying to improve their services to make their products and services better for their clients.

Why you should trust Manila Bankers Life Insurance Corporation

MBLIFE has been around for decades and has many satisfied clients. They are a legitimate company that is registered under the Philippine Insurance Commission. A company that did not meet the guidelines and requirements would not be allowed to register. 

MBLIFE is working hard to make sure that all its clients are happy. They maintain a healthy relationship with clients by offering products to meet every need that their clients have.

The insurance company would make money through investing the premiums of their clients, just as any insurance company would. Also, they are making a stand against what had happened in the past. They are against the illegal methods used to make money, and they have no intention of doing that to their clients.

MBLIFE has evolved through the years and continues to adapt to what their clients need. They are continuing to rise against the controversy. This is why they are one of the best and continue to be one of the most trusted life insurance providers in the country today.