Millennials have the flexibility and time to study investing and learn from their successes and failures that would influence their choices. Technology became their companion which helps them to research investments and how-tos on investing that can contribute to their knowledge base, experience, and perhaps expertise.

Millennials have great opportunities as they will have a chance to increase their longer-term wealth accumulation. Millennials have a more sustainable mindset than previous generations. They are twice as likely to invest in companies targeting social or environmental goals. The optimistic view of the world can also be translated into their decision-making as they wanted their investments can help make an influence change in the modern society.

As insurers always say, invest while young. It seems that the Millennials are taking it seriously. More and more Millenials are seeing life insurance as a long-term investment that would help them in the financial choice that they will make, whether starting a business, building a brand, owning a property, or pursuing post-graduate studies. 

Having life insurance at a young age provides better rates and coverage that would support them as they grow up and live their lives with fewer worries. 

Get your Life Insured Today with Manila Bankers Life Insurance Corporation and be secured.

Most Millennials and Gen Z, like you, won’t be entertaining the thought of having life insurance for the most part. Most people from this demographic would usually spend on food, gadgets, beauty, and entertainment. However, as you grow older, especially when the pandemic hit the world, you now enter the so-called “adulting” phase where you would make more wise decisions that would help them survive in this ever-changing world.

As this generation enters the “adulting” stage, you now starting to make decisions that would help you set for the future. One of the things that both Millennials and Gen Z are now considering is having life insurance. At first, they may not think about life insurance is something you want or need since you’re young and likely to be more healthy.

But that’s exactly the point, it is better to have life insurance while you are still young and healthy. As you consider having life insurance, go ahead and have one now because it is cheaper in annual premiums the younger and in good health you are when you buy your policy. It is often a smart financial move, providing a safety net for your loved ones and beneficiaries (like your family and trusted friends) if you die prematurely, and may even accumulate cash value.

What’s more, Life insurance gives you peace of mind and financial security. Millennials and Gen Z are always looking for things that would give them peace of mind to make the most out of their lives.  Life Insurance is like your safety net, or a backup, especially when the unforeseen happens to you. You wouldn’t want to spend much of your hard-earned income on hospital bills, or debt payment that would drain much of your income.

As you now consider having life insurance, you might be thinking, where would I get my life insurance, and which plan would suit me? Manila Bankers Life is with you to help you plan and secure your future while you are still young and eager to make the most out of your life.

Manila Bankers Life has been in the industry for a long time and it gained a reputation as a shoulder to lean on, especially during hard times. They have the plans that would suit your needs, like Money Saver which gives you the flexibility that provides various cash benefits that you may use for retirement, travel, savings, and even retirement as you grow older.

So to answer the question above, Yes you should get life insurance. Life insurance can help you in the long run, especially for you, coming from the Millennial and Gen Z generation. What better way to enjoy your life is to be secure for your future and make the most out of your life.

Especially now since the pandemic hit last year, people started to recognize that life insurance is a necessity rather than a liability or waste of money. People quickly learned that not having emergency funds to lean on when something unexpected happens is very risky.

The life insurance market is crowded with so many providers. As of 2020, the number of life insurance companies in the Philippines with valid and existing certificates of authority from the Insurance Commission is 25. With this many companies in the market, people tend to get overwhelmed when choosing which company would best suit their needs. 

One life insurance company that stood the test of time is Manila Bankers Life Insurance Corporation or MBLife. Manila Bankers has been serving Filipinos from Luzon, Visayas, to Mindanao since 1967! They are based in Makati City and they are duly recognized and authorized by the Philippine Insurance Commission. MBLife is a reputable company that offers a wide array of new, reliable, and innovative life insurance products that caters to the needs of Filipino individuals and groups nationwide.

Manila Bankers started when two life insurance companies namely, Alpha Mutual Life Insurance Company and Bankers Life Insurance Corporation merged together on May 19, 1967 to form the now spectacular Manila Bankers Life Insurance Corporation that has been exceeding client’s expectations ever since.

“The best way to show your love” This is the heartfelt mission that the company solemnly swear to live by. They always try their best to execute this mission and they will continue to do so for the many years to come. As long as there are Filipino families in need of Financial Security, Manila Bankers will always step up to the challenge and be the best insurance company that they can be. 

You can really see that they are more than a life insurance company and that their hearts are for the Filipino people as their core value includes their concern for people. 

The long list of MBLife’s satisfied clients is a testament to how much they work hard to make sure that each and every Filipino gets the highest quality insurance products to insure their future and their family’s future.

MBLife wants to provide Filipinos with a plan that will benefit them even after employment. They aim to cater specifically to their client’s needs by helping them figure out their budget, their needs, their family situations and life goals.

Manila Bankers is also equipped with the most determined, helpful, and friendly financial security advisors that are 100% committed to assist Filipinos with all their questions and concerns about life insurance in order for them to narrow down their choices and help them pick the best package that they need.

Living a longer life essentially boils down to taking care of your body and living a healthy lifestyle. But it can really help if there are some tips that you can follow that  can lead you to this. Luckily for you we have compiled 5 essential Keys to live a longer positive life

1. Follow a Balanced Diet

By nature, the human body needs the right amount of nutrients to be able to function properly. You can get these nutrients from different fruits and vegetables, whole grain foods, nuts, and lean proteins. Following a strict diet also means avoiding junk foods as they contain little to no nutritional value. According to Medical News Today, a healthy and balanced diet must contain foods from the 5 food groups which are:

• Fruits
• Vegetables
• Protein
• Dairy
• Grains

Keeping your body in a healthy state can help in your life’s longevity.

2. Stay Physically Active

Every part of the human body is meticulously designed to have their own purpose. Let’s not put this to waste by not doing anything and spending the majority of our days lying around scrolling through our smartphones. Being physically active has a lot of benefits. It’s been proven to help reduce risks of various illnesses and diseases like heart disease, stroke and some cancers. Being physically active doesn’t automatically mean rigorous training and workout, it can be light workouts or exercises. It can also be in the form of simply doing everyday tasks like walking and doing chores.

3. Don’t smoke

According to an article by statista.com in 2020, around 19 percent of adults around the world smoke tobacco. Smoking is the cause of so many diseases. It is very harmful to the body in almost every organ. Smoking leads to cancer, heart disease, tuberculosis, diabetes, and bronchitis, just to name a few.

4. Be Happy

This is where living a positive life comes into place. It has been scientifically proven that happy people live longer. The feeling of happiness can increase your longevity in life. According to a study posted on pubmed.com, Those who felt happiest at 22 years of age were 2.5 times more likely to still be alive six decades later and that a review of 35 studies showed that happy people may live up to 18% longer than their less happy counterparts.

5. Invest in Life Insurance 

Last but not the least, a major key in living a positive and long life is investing for life insurance. Life insurance is a tool that can act as an income replacement in case something bad happens to you. It can help you live a positive life by granting you mental peace. It takes all your worries away and let’s you go on with your life. If you want a reputable and reliable life insurance provider that caters to your specific needs, check out Manila Bankers Life Corporation. It’s a decision that you will never regret.

That’s about it for our keys to living a long and positive life. Make sure to always take care of your body!

Everybody hopes to grow old and retire someday. After working a very long shift, or a particularly hard day at your job would make you dream about a time that you will not need to work anymore.

You have to make sure that you will have enough money to “live the dream” after you retire. Even if you know you will receive a pension from your workplace, it would still be helpful if you take out a life insurance plan that would include a retirement benefit.

Why we need to have a retirement plan

The average life expectancy is rising.

As the quality of life in the country is slowly improving, the life expectancy rate is also rising. While this is a good sign of the future that is to come, where people will get to live longer and more fruitful lives, it is also a sign that more money would be needed for after retirement.

It will be your time to tick off your bucket list.

When the time will come, you will retire, you will get to go on all those dream vacations you do not have time for now. You will get to start hobbies that you have always wanted to start. The world is your oyster, you will have all the time in the world to do everything you have ever dreamed of. The question is, will you have the money to spend on all those things? You will need a retirement plan to fund all of these activities you will be doing.

You cannot work forever.

No matter how much you love your job, it is just physically impossible to work, especially when you will be old. Your salary will no longer be there, so your retirement plan should be there to replace the income that you will no longer be receiving.

You will still have expenses when you retire.

You may have even more expenses than you have now. You might have more medical expenses, and your bills will still need to be paid. Relying on your SSS or pension from your current job might not be enough to cover everything, so it is a good idea to have a retirement plan just in case.

You cannot rely on your family.

What if something goes wrong, your pension from your job will not be enough and you would have to rely on your family for financial help. That is not fair. You cannot do that to your children, who will just be starting their own lives as well. Although it is within the Filipino culture for us to take care of our older relatives, you cannot rely on them completely when it comes to finances. Besides, would you want to be controlled when you spend? You should have your own money for your own needs and wants.

Why is it important to start investing in your retirement today?

This type of notion is normal. You would have your whole life ahead of you. Why would you need to be planning and preparing for the end of your life? Well, the next question would be the answer. If you do not start preparing for it now, when do you plan to start? The best time to start investing in your retirement would be now. You are receiving a salary, and you can pay for it. Why not start not while you can afford it?

Getting a life insurance place from Manila Bankers Life Insurance will ensure that you have everything you need. Their plans would include a death benefit that will go to your family, plus many other cash benefits that you will still be able to benefit from while you will still be alive.

It is never too early to start planning for your retirement. It would be better that you start getting ready for it earlier so that you can have peace of mind and live your life free from worry.

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.

MBLIFE – also known as the Manila Bankers Life Insurance Association – has been in the insurance industry for over 50 years. Over its extensive history, it too has faced its fair share of complaints and controversies.

Let us fill you in on the details about the story, in case you have not yet heard it..

The story

A few years back, in the year 2013, MBLIFE personnel who were in charge of getting the payments of potential investors and clients allegedly did something that would cause a cloud of doubt to be cast over the MB LIFE Insurance Association.

The complaints that have been aired online tell the story of how the personnel of MBLIFE was able to somehow convince new clients that they needed to have their credit card or ATM card information as part of the initial verification process to be able to get an insurance policy.

The first-hand stories told by members said that their accounts were charged without their knowledge. They said they were victims of a money scam.

That is the story. What should you believe?

If you are thinking of investing your money in life insurance, this kind of story is one that might discourage you. But then since the news of the incident has become public, MBLIFE has been working hard to redeem themselves, even in light of the controversy.

Social media has yet again given people to give their opinions about this issue. There have been mixed reactions that have been seen online. Some angry clients were victims of the incident, and on the other hand, MBLIFE also has many satisfied clients. The choice is really up to you to choose where you stand. However, the released information about the “Manila Bankers Life scam” does not seem to discourage the already satisfied long-time clients of the company.

This information stop you from getting a life insurance policy

Whether or not you choose to believe the story, it should not stop you from investing in a life insurance policy. There are many reasons why we should still trust Manila Bankers Life and its products. We will share with you why we think so.

MBLIFE is registered under the Philippine Insurance Commission

You can’t get more legit than this. Manila Bankers Life products would have to comply with the rules and standards set by the Philippine Insurance Commission. This means that the Commission has checked and re-checked the policies offered by MBLIFE and is compliant with all the regulations. If the Philippine Insurance Commission trusts them, we should too.

MBLIFE has an office and a customer care center

Handling customer complaints is never easy, especially for a company that is trying to defend itself from allegations that select employees did in the past. Having a customer care office means that the company values its clients, and it wants to make sure that everyone is satisfied with their services. 

The actions of some employees do not reflect the company

The company does not have a policy that requires people to give their personal ATM’s before they are allowed to invest in insurance, and clearly, this incident was planned and put into action by individuals working for their gain, and not on the company’s orders.

It is natural for doubters to be born after hearing this story, however, MBLIFE is not hiding any information from the public. Instead, it is trying its best to still provide quality insurance policies to make clients new and old happy with their products and services.