INSULAR LIFE

    Insuring the Filipino Dream

Heritage
Insular Life was established on November 25, 1910 at a time when the Philippines was flexing its wings as an independent country. Today, as the Philippines’ leading and largest Filipino life insurance company, Insular Life prides itself with its role in securing the lives of Filipinos families for close to a century. Its roster of products -- from its ordinary whole life, endowment, limited-payment, college education and insurance plans, to pension and investment plans -- not only offers the best cost-benefits ratios among insurance plans in the market.  More importantly, these are designed to allow individuals to wield control over their and their family’s financial security.

Insular Life is anchored on four fundamental corporate values:  Commitment to Excellence, Integrity in Work, Respect for the Individual, and Upliftment of the Filipino.  Through years of growth and of struggle, these values have remained constant, guiding generations of Insular Life officers and employees in serving hundreds of thousands of its policyholders.

Insular Life has a long tradition of steadfast commitment to its policyholders. The Company demonstrated this trait most vividly during World War II when it honored pre-war and Japanese occupation commitments regardless of its toll on the company’s reserves.

As one of the pioneering life insurance companies in the Philippines, Insular Life is credited for introducing a number of groundbreaking moves in the industry. In 1953, it introduced the first school of insurance in the Philippines.  The following year, it lowered its premiums -- the first insurance company to do so. In 1958 Insular Life introduced what would soon be a hugely successful business line: industrial life insurance which was intended for lower income-earning Filipinos.  Insular Life’s most significant step, however, was its mutualization, completed in 1987, which effectively made Insular Life’s policyholders part owners of the company.

Insular Life Today
Insular Life today is the only Filipino life insurance company among the top five industry leaders.  It continues to deliver a solid performance, posting P2.2 billion in net income by end of 2007. A cornerstone of Insular Life’s financial stability is its strong asset base which has consistently increased through the years, reaching P57.7 billion in 2007. Its business-in-force of P201.5 billion reflects a growing number of policyholders. In 2007, the Company paid a total of P6.2 billion in benefits to policyholders.

Insular Life transferred its headquarters at the Insular Life Corporate Centre in Filinvest, Alabang in 2001 in a symbolic step toward the fast-paced and I.T.-based 21st century. Here, fully in step with the demands of the modern world but rooted in its unique heritage, Insular Life continues to design innovative and responsive products and services for Filipino families to help them realize their dreams.

Subsidiaries and Affiliate
Beyond life insurance, Insular Life has diversified into related financial services through its   subsidiaries and affiliate: Insular Life Health Care, Inc. (I-Care), Insular Investment and Trust Corporation (IITC), HomeCredit Mutual Building and Loan Association, Inc. (HomeCredit), and affiliate Mapfre Insular Insurance Corporation.

Corporate Citizenship
Insular Life practices responsible corporate citizenship through the Insular Life Foundation (ILF), Inc.  ILF, formerly known as the Insular Life Educational Foundation (ILEF), Inc. is focused on education and on nation-building. Its current programs include the Ateneo Principal Empowerment Program, 57-75 Campaign participation,  University of the Philippines B.S. Math Scholarship, Insular Life Gold Eagle Award, Adopt-a-Scholar Program with the Muntinlupa Itaas Elementary School, Literacy Campaign consisting of a Storybooks Donation and Storytelling Workshop, and Filfest Music Festival.  One of its cornerstone projects is The Outstanding Filipino (TOFIL) award program in partnership with the JCI Senate Philippines. Since the program’s beginning in 1988, TOFIL has recognized 94 Filipino men and women who have excelled in their profession and have contributed to the upliftment of their communities.

 *For more information click www.insularlife.com.ph